The Republic of Croatia is a country at the crossroads of Central and South Eastern Europe, on the Adriatic Sea. Its capital city is Zagreb. It covers an area of 56,594 square kilometers and has a population of 4.07 million.
Immigration program
The Croatia Residence Investor Program gives investing immigrants the opportunity to acquire permanent residence in Croatia.
Investment requirements for Croatia Residence Investor Program
There are no minimum investment requirements to obtain temporary or permanent residence in the Republic of Croatia. However, they are required to provide proof of sufficient financial resources to live in Croatia without becoming a liability or a burden to the social care system of Croatia, as well as provide adequate health insurance.
Once they have met these conditions, foreigners can apply for residence permits. They must first apply for a temporary stay permit. Foreigners from the European Union must apply for a certificate of temporary stay that is valid for up to 5 years. Those not part of the European Union must apply for a temporary work and stay permit that is valid for up to one year. Application for permanent residence can only be done after one has stayed legally for a period of 5 years. This period is considered uninterrupted when one-time absences do not go past 6 months over the course of five years, or when multiple absences do not go past ten months over the course of five years.
Documents required for Croatia Residence Investor Program
- Valid identification, or proof of identity.
- A copy of valid travel documents.
- Proof of adequate financial resources for their sustenance, together with their dependents.
- Proof of educational background.
- Proof of health insurance.
- Proof of relationship with dependents or spouses.
- Non-EU individuals must further provide these additional documents:
- Proof of at least 51% ownership in an enterprise carrying out investment projects in Croatia and proof of registration of that company.
- A medical certificate issued by a doctor recognized by the Belgian Consulate or Embassy.
When acquiring residence through the investor program, the individual can include family members like spouses, children and parents.
If the individual does not wish to follow the investor approach, they must then acquire a temporary residence permit and a work permit. After 4 years of temporary stay in Croatia, one can then apply for permanent residence. When applying for temporary residence, one must provide the following information:
- A birth certificate and a certified translation.
- a valid passport or other travel document (original and copy).
- a color passport photo.
- Evidence of financial means to support oneself.
- Evidence of health insurance.
- Evidence of the purpose for your stay.
- criminal background check and a certified translation.
- proof of payment of the visa fee of 113 USD if applied from abroad or 98 USD if the application is submitted within Croatia.
- proof of consent from both parents if you are travelling with a minor child.
The temporary permit is valid for one year, but can be renewed at the local police station. However, the renewal process must be started at least 90 days before expiry.
Country overview
Croatia has a Mediterranean coastline that means there are vibrant sunsets and attractive coastal climate. The soils are rich and fertile. The cost of living largely depends on the specific location. Transportation is cheap and has a low crime rate. It provides universal health coverage to its people and its coastal climate makes it an ideal spot for recreational activities. However, the weather can become unbearable with extremely high temperatures. Some areas have a low number of inhabitants making some necessary services slow to arrive. The healthcare system is strained and there are a lot of procedures and bureaucratic red tape that may make conducting business difficult.
