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GLOBAL CITIZENSHIP

CROATIA

HIGHLIGHTS


Citizenship will be granted to main applicant, as well as his/her spouse and children


No requirement for business background, education history or local language knowledge


One of the quickest processing times in the region

SNAPSHOT OF CROATIA

WHY CHOOSE CROATIA?

BOOMING
ECONOMY AND BUSINESS
FRIENDLY

Croatia operates as a service-based economy, with the tertiary sector accounting for nearly 60% of the GDP and employing around 66% of the workforce. Its GDP stood at US$60.8 billion and GDP per capita at US$14,878 in 2018 (World Bank).

Croatia’s economic growth averaged around 3% over the past three years. Joining the European Union (EU) on 1 July 2013 has helped boost exports from below 40% of GDP in 2008 to above 50% in 2018. The record performance of the tourism sector, stronger domestic and external demand, and improved absorption of EU funds have improved Croatia’s growth outlook. It’s forecasted real GDP growth of 2.7% on average in 2019-23.

According to the World Bank, positive economic trends, underpinned by government action on public financial management, have created an environment in which further reforms can be successful. With the accession to the Euro Area on its agenda, Croatia is planning to implement ambitious reforms to boost growth, build economic resilience, and maximize the benefits of their Euro Area membership. Critical reform fields include, investments in human capital and natural resource management to preserve and leverage Croatia’s natural assets.

Croatia has a clear tax code, with residents being taxed on worldwide income, and non-residents only on Croatia-sourced income. The only tax rate is simple with incomes less than 360,000 (HRK) being taxed at 24% and those over that, at 36%. The Corporate tax rate is 18% but many incentives exists, such as the Investment Promotion Act that can substantially lower the tax burden.

High Quality of Life: Education & Healthcare

The education system begins in preschool institutions, which include those run by local authorities and private nursery schools (legal persons, religious communities, and others), and institutions which provide preschool programmes and shorter programmes such as libraries, various associations and elementary schools. Nurseries are responsible for full-day or shorter programmes of education, health care, nutrition and social care, which cover children from the age of six months to when they start school. Children who are six and a half or over must attend compulsory elementary education, which lasts 8 years. There is an adult education system for those over the age of 15 who fail to complete elementary education.

Public education in Croatia is free from kindergarten until the end of secondary education, as it is subsidised by the Ministry of Education.

Historic cities and unspoiled nature are some of Croatia's top attractions. The vibrant capital city of Zagreb is home to some of the country's best museums, galleries, restaurants, and shopping. Along the coast, centuries-old, harbor towns are packed with Venetian era stone buildings, while countless pebble beaches offer scuba diving, water skiing, and windsurfing. On The Adriatic, Croatia's blissful islands are a haven for yachters and those wanting to simply relax and enjoy The Mediterranean sunshine.

Contact Kylin Prime Family Office for more information on how to create your future in Croatia.

Contact Us
United Kingdom

+44 (0) 20 8099 0999


116 Park Street, Park House, London,
W1K 6SS, United Kingdom.


Email: uk@kpfo.com

Luxembourg

+352 (0) 2620 0506


5 Rue de la Boucherie
L-1247 Luxembourg


Email: luxembourg@kpfo.com

Switzerland

+41 (0) 44580 2159


Bahnhofstrasse 21, 6300 Zug,
Switzerland


Email: switzerland@kpfo.com