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Articles
Residency by Investment in Croatia
Updated on Monday 14th November 2022 Rate this article
based on 3 reviews
based on 3 reviews
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 HRK 200,000 |
| 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 HRK 360,000 - 30% for incomes exceeding 360,000 |
| Visa free travel to other countries (approx. number of countries) | Around 137 |
Who can obtain residency by investment in Croatia in 2022?
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:
- The main step for Croatian residency by investment is to open a business in this country.
- The limited liability or DOO is the proper business choice for foreigners in Croatia.
- Investing at least HRK 200,000 or approximately EUR 27,000 and hiring at least 3 workers from Croatia are two important regulations.
- The 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 2022 can be discussed with one of our company formation specialists in Croatia.
Gaining permanent residency in Croatia
The 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 a solid of 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.
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.
Documents for permanent residence permit in Croatia
The permanent residence can be obtained after living at least 5 years in Croatia without interruptions. Having enough funds to sustain the living and family in Croatia, a health insurance, 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 2022.
Short guide for opening a business in Croatia in 2022
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, 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 2022. 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:
- Nearly USD 30 billion represented the total FDI stock for Croatia in 2019.
- 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.
- Around USD 1,5 billion represented the total value of the greenfield investments in Croatia in 2019.
- The touristic potential, high-quality infrastructure, and a skilled workforce are among the attributes considered by international investors in Croatia.
Interested in Croatia residency by investment in 2022? 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.
Meet us in Zagreb
Call us now at +385 95 9981 628 to set up an appointment with Ivan Župan, a managing partner at Law Firm Ivan Župan, Babić & Antunović. Alternatively you can incorporate your company without traveling to Croatia.
As a Law Firm Ivan Župan client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Croatia, including accounting services.
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The team from CompanyFormationCroatia.com is very qualified and benefits from extensive expertise in this area. I would definitely recommend them to any entrepreneur decided to start his own business here.
Mihai Cuc, Partner of
Enescu&Cuc; Law Firm
www.romanianlawoffice.com
Read more testimonialsMihai Cuc, Partner of
Enescu&Cuc; Law Firm
www.romanianlawoffice.com