Why invest in Croatia?

With most of the “Why invest in Croatia” reasons remaining the same for the last few years; Croatia, unlike some of the other property investment countries, enlarged its list of reason; and those are:

A bliss of over 1000 immaculate islands, 2000 kilometers of coastline with clear, unpolluted water; offers without doubt, the most remarkable and unsurpassed coastline in Europe

EU membership in which result with the increase in property prices but increase in more investment projects.

Highly improved infrastructure – new motorway connecting almost the whole country.

Foreign investors have the same rights, obligations and legal status within an enterprise as domestic investors.

On 5 December 2008, the Act on Amendments to the Act on Ownership and Other Real Rights was adopted, which has equalized citizens and legal persons from EU Member States with domestic persons by removing from the current Act special assumptions (reciprocity and consent of the Minister of Justice) for acquiring the right to real property ownership in the Republic of Croatia.

Although in the past few years considerable number of foreign investors pulled out from Croatia; mostly due to the issues related to the zoning and planning, the Croatian government, to some extend managed to protect the Croatian coast from the mistakes that happened in Spain. And, it might not come to people awareness, but Croatia is estranged as a more exclusive destination (both when it comes to tourism and property investments) with an upward trend.

Some of the “repeated in the past” facts that still prove that Croatia is indeed prosperous spot to invest are:

  • Easy access to both aircraft so by car
  • eight national parks and ten nature parks
  • Natural beauty, favorable climate and life style
  • Safety - low criminal rate

Away from the coast, the prices are still very reasonable; offering countryside with lakes, mountains and forests from another era.