Croatia: back on track.

Croatia: back on track

With an extension of 56 thousand km², overlooking the Adriatic, Croatia is one of the most exclusive destinations back in vogue in 2018. Not only for tourism: in fact, many foreigners have decided to move or buy a second home in the nation with capital Zagreb. First country in the Balkans to enter the EU (in 2013) brings with it a story not simple, with continuous domination by peoples who have left their mark.

Since 1991 it has been an independent nation, having been part of the former Yugoslavia for over 70 years. Today it is a semi-presidential parliamentary republic. Leaving aside the historical part, we need to pay attention to why, today, it has re-emerged from all fronts, so much so that investors can find and buy a second home in Croatia. The current legislation provides for tax incentives and other types of incentives for investors based on the Investment Incentives Act (GU No. 102/2015), the Law on amendments and additions to the Investment Incentives Act (OJ No. 25 / 2018) and the Law on strategic investment projects (OJ No. 29/2018). Investor assistance is assured by the "HAMAG BICRO" agency for small and medium-sized enterprises and AIK - Agency for Investments and Competitiveness.

Foreign direct investment (FDI) increased by 7.5% compared to 2017, for an amount of around 1.8 billion euro. Over the period 1993 - 2017, the total amount of FDI was € 32.6 billion, of which € 2.4 billion referred to the socalled round-trip investments. The main investor is the Netherlands with a total of € 6.8 billion invested since 1993; followed by Austria (4 billion), Italy (3.4 billion), Germany (3 billion), Luxembourg and Hungary with around 2.7 billion each.

The current government, in office since June 2017, has among its priorities the revival of the economy and fiscal consolidation, privatization and the launch of major energy and infrastructure projects Here are the two main places of interest to buy real estate in Croatia: Zagreb is not only the capital and the largest city in Croatia but also its center for business, higher education, culture, art and leisure.

                                                    

A modern urban center with a historical heritage, it attracts the interest of many expatriates every year. Thanks to its pleasant climate and environment, Zagreb could be the ideal destination for your travels. House prices range between 160,000 and 200,000 euros for a house in the center. Istria and its lighthouses are ideal for those who want to immerse themselves totally in the Croatian culture '' sea view ''.

Prices for staying in a lighthouse start at 80 euros per night, for the purchase instead of an apartment in the area of Istria, on the coast, you can visit this site. The monthly cost for living well in Croatia is between 400 and 700 euros. It all depends on the area chosen and the type of accommodation that you prefer. 

 

 

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