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Residency by Investment in Croatia

Residency by Investment in Croatia

Croatia is a well-developed EU country that offers not only great business opportunities but also great standards of living. Croatia residency by investment comes with a series of benefits that can be explained by one of our Croatian company formation agents. The process of obtaining residency in Croatia can be attentively overseen by our specialists who can also help foreigners start a business in this country.

 Quick Facts  
Nationalities accepted (EU/Non-EU) EU and non-EU citizens

Business investment option (YES/NO)

Yes

Real estate investment option (YES/NO)

Yes

Other investment options (if available) Starting a business with a minimum share capital of EUR 25,000
Living requirement in Croatia (YES/NO)

Yes

Residence or direct citizenship option

Residency through company formation or property purchase

Direct immigration with family members (YES/NO)

 Yes

Family members allowed to join the program

– parents,

– grandparents,

– children

Residence visa/citizenship processing time (approx.) 

Around 1 month

Additional financial requirements for family members (YES/NO) No
Timeframe for obtaining citizenship/residency by investment

Around 2 years

Dual citizenship permitted (YES/NO)  

Yes

Reasons to choose Croatia

– safety,

– work-life balance,

– multiple business opportunities,

– great taxation system

Personal income tax rate

– 20% for incomes up to EUR 47,000

– 30% for incomes exceeding EUR 47,000

Visa free travel to other countries (approx. number of countries) Around 137

Who can obtain residency by investment in Croatia in 2024?

EU/EEA and non-EU/EEA citizens can apply for residency by investment in Croatia, following a few important requirements that are also related to the residence permit, such as:

  1. The main step for Croatian residency by investment is to open a business in this country.
  2. Limited liability or DOO is the proper business choice for foreigners in Croatia.
  3. Two important regulations are investing at least EUR 25,000 and hiring at least 3 workers from Croatia.
  4. Registration for taxation in Croatia is required.

Once the business is established in Croatia, the application for a residence permit is required, and the above-mentioned rules enter the discussion. Croatia residency by investment and the general conditions imposed for 2024 can be discussed with one of our company formation specialists in Croatia.

Persons living in a common law marriage, spouses, children, parents, and grandparents can be part of the application for residency by investment in Croatia in 2024. You must consider if there are fees to be paid for each member of the family.

Many foreigners decide on Croatian Golden Visa application, due to its benefits. Among these, the most appreciated are the advantageous tax exemptions. On the other hand, Croatia is highly appreciated for its economic stability, especially now as a new Schengen Area member.

Below is an infographic that might help you when applying for residency by investment in Croatia:

Gaining permanent residency in Croatia

Permanent residency in Croatia is gained after living at least 5 years in the country. This is the main requirement for obtaining such an important status. Plus, foreigners living in Croatia for more than 5 years can also apply for citizenship and benefit from the advantages that come in this direction. The important thing to consider in this matter is that Croatia allows dual citizenship. You are invited to talk to our specialists and find out more about Croatia residency by investment and about how to obtain citizenship.

Croatia can offer foreign investors multiple business opportunities. But for the good functioning of the company, accounting services are also needed. With solid experience behind them, our accountants in Croatia can be the optimal solution for your business. They can handle the registration of all financial inputs and outputs, as well as money transfers and company accounts.

In the case of Australian citizens, they can buy a property in Croatia if they already have a temporary residence. Specific conditions might be imposed for other categories of citizens interested in residency by investment in Croatia.

Below is a video presentation with information on residency by investment in Croatia:

Investment requirements for EEA and non-EEA citizens in Croatia

Natural persons who want to obtain permanent residency in Croatia are not subject to minimum investment conditions. Living for 5 uninterrupted years in Croatia is one of the most important requirements imposed by the authorities. In the case of foreign investors wanting to obtain this status, things change in terms of investments. Croatia residency by investment can be explained by our specialists in company formation. Plus, our team can help both domestic and foreign entrepreneurs register a company in Croatia.

As for citizens from non-EU countries, they must prove that they have shares of over 51% in a company in Croatia, to apply for the Golden Visa. This is an important rule that must be considered at the time of application.

Croatian passport ranks 16th according to the Passport Ranking Index and it is one of the most powerful documents in the world. Contact us for information about how to get residency in Croatia and then apply for citizenship.

Documents for permanent residence permit in Croatia

Permanent residence can be obtained after living at least 5 years in Croatia without interruptions. Having enough funds to sustain living and family in Croatia, health insurance, and knowledge of the Croatian language and culture are among the requirements for a permanent residence permit in Croatia. If you believe you want to know more about Croatia residency by investment are invited to talk to one of our specialists in Croatia. Our team can tell you more about the regulations for 2024.

If you have just established a company and have employees, the recommendation is to access complete payroll services in Croatia. With the help of this type of service, the correct distribution of salaries can be done in the company, as soon as the related taxes are paid. Our specialist can detail the procedures involved, so we invite you to contact us and discover the information you want.

Short guide for opening a business in Croatia in 2024

As mentioned above, the limited liability company is a popular business structure in Croatia, known as DOO. This can be set up with a minimum share capital of EUR 2,500, deposited in national currency, or in a local bank account. The registration formalities are simple and the Articles of Association are the documents that stand at the base of the company formation in Croatia in 2024. In terms of management, at least one director or president is required for a DOO in Croatia, regardless of nationality, whether Croatian or from abroad.

One must verify the business name with the Trade Register and see if it can be used. As soon as the documents are approved, the company needs to be registered for taxation. Please feel free to talk to our company formation agents in Croatia and find out more about how to start a business and about Croatia residency by investment. Here are some interesting facts and figures about the economy and business in Croatia:

  1. Nearly USD 38,89 billion represented the total FDI stock for Croatia in 2021.
  2. The 2020 Doing Business report issued by the World Bank ranked Croatia 51st out of 190 economies in the world, in matters of ease of doing business.
  3. The touristic potential, high-quality infrastructure, and skilled workforce are among the attributes considered by international investors in Croatia.

We specify that there are a number of advantages if you access the residency by investment program in Croatia. For example, for certain types of income, you can benefit from a 100% tax exemption.

Interested in Croatia residency by investment in 2024? Please feel free to contact our team of company formation agents in Croatia and find out all the legal aspects. Our specialists can help you start a business in Croatia.