Buying In Croatia
With our assistance, this process is straightforward, simply choose your ideal property, and we will do the rest.
How to Buy
Its easy to place a deposit on your luxury holiday apartment.
- An initial down payment 50%, deposited at the solicitor, will securing you
dream holiday home. In return you receive accompanying pre-papers with completion
schedule for your apartment.
- Mid period 35%
- Keys in hand final 15%
Types of Ownership
There are two different ways under which you can become a property owner
in Croatia. You may invest as an Individual, or alternatively, we will
arrange a meeting with an established solicitor to set up a Company on
your behalf.
Under current Croatian legislation, a mortgage facility is also available
for foreign nationals.
Individual Ownership
To acquire a property in Croatia as an individual, you will need to obtain
authorization from Croatian Ministry of Foreign Affairs. This procedure
is a matter of formality, providing you have a clear or no history with
Croatian
authorities.
It may take 3-6 months for completion of all paperwork, but you can complete
the purchase and have official pre-ownership documents in the interim,
which means you can move in immediately.
Company Ownership
There are numerous benefits, if you decide to purchase as a company owner.
This again is a very straightforward procedure. The company can then
purchase the property immediately, without having to obtain permission
from the
Ministry of Foreign Affairs. You can also benefit from VAT deductions.
Incorporation
A well known and establish solicitor may set up on your behalf, a Croatian
Limited Liability Corporation. You will nominate the shareholders and
the management (i.e. yourself). The cost to set up a LLC in Croatia is
app.
4,000 EUR (VAT and starting capital included). This cost varies according
to exchange
rate of HRK to EUR. Most of this amount remains at your disposal as a
company account balance, which can be used at will. The average duration
of the
incorporation procedure is two weeks (ten working days).