- Croatia is an astonishing country that attracts foreign investors across the world. The well-developed nation provides several benefits of pleasant life-style and investor friendly policies to investment immigrants. Investing in Croatia is progressively beneficiary because of the investment visa. Obtaining Croatia residency by investment comes with a wide range of advantages which can be step-by step.
Benefits of
Permanent Residency in Croatia
Funding in Croatia is not only profitable venture but also lead to permanent residency in Croatia. The Croatia Investment visa provides several benefits for individuals looking to establish their career. Here are some of the key benefits:-
- A dynamic economy
characterized by substantial infrastructure, transportation, and energy
initiatives currently underway in the country.
- An
expatriate-friendly tax system that provides a complete tax exemption on
specific foreign earnings.
- Easy travel and
accommodation across all EU countries, complemented by visa-free entry to
several developed nations in America and Asia.
- Outstanding
educational institutions offering free and mandatory education for children
aged seven to 15 years.
- Equitable development that ensures access to contemporary amenities while preserving the natural beauty, including an extensive coastline.
Types of Croatia Investment Visa
Croatia Residence Investor Program
The Croatia Residence Investor Program provides permanent residency along with numerous benefits for foreigners seeking to move to the country. Notably, certain foreign income sources registered in Croatia are eligible for a complete tax exemption, enhancing the attractiveness of this program. Individuals interested in obtaining a Golden Visa in Croatia are encouraged to consult with our company formation agents in Croatia to learn more about the necessary requirements.
Requirements for
Golden Visa for Croatia
The Croatia Residence Investor Program does not impose any minimum investment requirements for nationals from the EU/EEA as well as those from non-EU/EEA countries. Nevertheless, applicants must demonstrate that they possess sufficient amount of funds to support their living expenses in Croatia without the need to seek public assistance. A health insurance is must to join this program and the other condition for 2024 applications are as follows:-
- For a temporary
residency permit an application is required initially.
- Additionally, a
Certificate of Reporting a Temporary Stay is necessary, which remains valid for
five years.
- Non-EEA citizens
must obtain a temporary work and stay permit, valid for one year.
- This program also
permits applicants to include their family members.
- The Croatian authorities will verify the educational background and qualifications of the applicants.
Non-EEA citizens seeking to obtain the Croatia Golden Visa must demonstrate ownership of at least 51% in a business that engages in investment projects within the country, which is a crucial requirement.
The acquisition of a Golden Visa in Croatia comes with beneficial tax exemptions. Additionally, the nation's stable economy makes it as one of the most attractive destinations in Europe for investment opportunities.
The Golden Visa program in Croatia provides high-net-worth individuals the chance to relocate to a highly regarded jurisdiction, making it an appealing option for retirement. Furthermore, this visa grants investors and their families access to new business markets, excellent educational and healthcare systems, as well as lifestyle opportunities for both current and future generations.
How to obtain
permanent residency in Croatia by Investment?
Obtaining permanent residency in Croatia via investment entails a series of steps. Below is a detailed guide designed to assist you in managing the process effectively.
- Start a business in Croatia :- Individual can open a business as a foreign national to receive permanent residency in Croatia. The simple business structure is the limited liability company with a minimum share capital of EUR 2,500.
- Investment in Existing Firm :- With at least EUR 25,000, individuals can invest in a company already existing in Croatia and one can apply for permanent residency by investment permit. Croatian employees is mandatory.
- Apply for a Golden Visa in Croatia :- Permanent Residency by investment for non-EU citizens can be accomplished if they own more than 51% shares of an organization in Croatia. This way applicants can enter Golden Visa Program.
- Investment for Family Members :- The applicants can opt for family members too when applying for residency in Croatia by investment. Parents, grandparents, and children are accepted in this program.
- Get Permanent Residency in Croatia :- By investing in Croatia individuals can apply for a permanent residency after living in Croatia for five years. Candidates can get citizenship at that point.
Essential documents
required for Croatia Immigration
Starting up on a new journey to a country is both exciting and intricate. Whether your relocation is motivated by business, education, or the desire for a new beginning, thorough preparation is essential.
- Personal
Identification Documents
- Passport: A valid
passport must be presented, with at least six months of validity remaining
beyond your planned duration of stay. The passport serves as the primary means
of identification.
- Birth Certificate:
An official document that verifies your date and place of birth.
- National ID Card:
If relevant, a government-issued identification card may be used to further
authenticate your identity.
- Photographs: Recent passport-sized photographs that comply with specific immigration standards (including size, background color, etc.).
2. Visa and Immigration Forms
- Visa Application
Form: A completed and signed application form corresponding to the specific
visa category for which you are applying (e.g., work, student, investor).
- Cover Letter: A
personal statement detailing your motivations for immigration and any pertinent
information related to your application.
- Supplementary Forms: Any additional documentation required by the immigration authority, such as sponsorship or declaration forms.
3. Financial Documents
- Proof of Funds:
Bank statements, investment records, or pay stubs that demonstrate your
financial stability and capacity to support yourself (and your family) in the
new country.
- Income Tax Returns:
Recent tax returns that reflect your financial history and reliability.
- Employment Verification: Letters from current or former employers confirming your employment status and income.
4. Medical and Health Records
- Medical Examination
Reports: Results from a medical examination conducted by an authorized
physician, confirming your overall health and the absence of communicable
diseases.
- Vaccination
Records: Documentation of necessary vaccinations, particularly for diseases
such as measles, mumps, and rubella, in accordance with the regulations of the
destination country.
- Health Insurance: Evidence of health insurance coverage that satisfies the requirements set forth by the immigration authority.
5. Educational and
Professional Records
- Transcripts and
Diplomas: Official academic transcripts along with copies of diplomas or
certificates from the educational institutions you have attended.
- Professional Certifications: Copies of any professional licenses or certifications obtained.
Key considerations
when planning for immigration
Legal Requirements
- A comprehensive
understanding of the immigration legal framework is essential. This
encompasses:
- Visa Categories:
Investigating the suitable visa or residency classification (e.g., employment,
education, family reunification).
- Application
Procedures: Acquainting oneself with the application processes, necessary
documentation, and timelines involved.
- Regulatory Compliance: Being aware of the laws and regulations in the host country to prevent legal complications, including work permits and residency requirements.
Financial Planning
Strategic financial
planning can facilitate a smoother transition:
- Budgeting:
Projecting initial expenses, such as visa fees, relocation costs, and living
expenses in the new environment.
- Banking:
Establishing a bank account, familiarizing oneself with the local currency, and
considering options for international money transfers.
- Employment Prospects: Evaluating job opportunities and potential earnings to ensure financial security.
Healthcare
Considerations
Access to
healthcare and associated costs are critical:
- Health Insurance:
Investigating health insurance alternatives, including any mandatory coverage
in the new country.
- Medical
Documentation: Bringing essential medical records and prescriptions to ensure
continuity of care.
- Vaccination Requirements: Being informed about necessary vaccinations or health assessments for entry.
Cultural
Adjustments
Adjusting to a new
culture can present challenges:
- Cultural
Sensitivity: Gaining knowledge about local customs, traditions, and social
norms to facilitate integration.
- Language Skills:
Evaluating language proficiency and considering language courses to improve
communication.
- Social Interactions: Understanding local perceptions of newcomers and any potential biases.
Education and
Employment
Navigating
educational and employment opportunities is vital for long-term success:
- Credential
Validation: Exploring the acceptance of qualifications and degrees in the
destination country.
- Job Market
Analysis: Gaining insight into the job market, including the demand for
specific skills and sectors.
- Educational Resources: Exploring educational institutions if you have children or are pursuing further studies.
Why choose
Go-Global Immigration Services?
Go-Global Immigration Services (GGIMS) provides a wide range of facilities to individuals for their immigration dreams. Here are few compelling reasons:-
- In-depth knowledge
of immigration policies and procedures, ensuring each clients receive accurate
and updated information.
- We offered tailored
services to meet individual applicants needs, taking time to understand the
queries and providing customized solutions.
- Assistance from the
visa applications to residency permits, we provides end-to-end support, guiding
through each stop of the migration process.
- With a proven track record, Go-Global Immigration Services (GGIMS) increases the chance of smooth and successful application process.