FORBES magazine ranks Croatia in the top 12 world best retirement havens in 2011. Article describes Croatia: Sitting across the Adriatic Sea from Italy, Croatia offers great beauty, a mild Mediterranean climate, ancient culture, tax breaks for retirees and low cost of living. The Institute for Economics & Peace ·ranks it higher than the U.S. for safety and security.
Well, Forbes can’t claim to have been the first to recommend the Croatia’s Dalmatian Coast as a retirement destination. That title goes to the Roman Emperor Diocletian (AD 245-316), the only Roman emperor ever to retire. He chose to spend his golden years in his palace in Split, where he remained until his death in year 316. The Diocletian Palace was declared a UNESCO World Heritage site in 1979 and it remains at the heart of Split, Croatia’s second-largest city, on the coast of Adriatic Sea, as capital of Dalmatia.
Croatia has infrastructure at European standards, modern, high quality highways, high living standards, excellent and low cost medical service etc. Croatia has joined the European Union in year 2013.
Furthermore, the retirees in Croatia are exempted from paying income tax. Living in Croatia assures that you can enjoy a healthy life. Fresh natural foods and good medical facilities have increased the rate of life expectancy of the people. You will find many specialized polyclinics, hospitals and medical centers countrywide.
Celebrities are rediscovering what tourists knew in the 1980s. Croatia — on the Adriatic arm of the Mediterranean – rivals other European top seaside areas with beaches, sailing, and superb cuisine that’s attracted superstars like Steven Spielberg, Beyonce and Jay Z, Madonna, Andre Agassi, Gwyneth Paltrow, Robert De Niro, Clint Eastwood, Sharon Stone, Caroline of Monaco, the Prince of Hanover, the King of Jordan and the Prince of Oman, businessmen like Bill Gates, Bernie Ecclestone, Roman Abramovic, Deripaska, Melnichenko, Zeleznjak etc. Many of them are owners of residential properties in Croatia, and also business investments.
Croatia is now one of European Union countries, so EU citizens are now able to buy on the same terms as local Croats (except for agricultural land). (For non-EU citizens applies reciprocity rule and consent of the Ministry of Justice, which is obtained in short time). This advantage now speed up the property buying procedure, and encourage more foreigner buyers to purchase in Croatia with confidence. Besides, we are licensed Croatian real estate and tourist agency and offer professional service and care to foreign buyers, leading them through buying procedures and explaining all steps of buying process, with assistance of experienced lawyers, which makes buying procedures safe, fast and with no risk.
MAGNIFICENT SCENERY AND SPECTACULAR LOCATIONS IN CROATIA
This is a story about a land of a thousand islands, her magical nature and rich heritage, her great Men whose great deeds have forever etched the name of Croatia in large letters on the map of the world. This is a story about a land whose beauties have been celebrated since ancient times. From Cassiodorus, who wrote of the divine life led by Patricians on her shores, to Dante, who wrote his immortal verses, enthralled by the epic scenes of the blue expanse, and all the way to George Bernard Shaw, who found his paradise on Earth right here. Croatia has always been a place of true inspiration.
Croatia is one of the ecologically best preserved parts of Europe. It is a land where the hues of the sunny and warm Mediterranean happily blend with the tranquillity and freshness of mountains and the gentle sway of the golden plains of Pannonia. A land of truly divine inspiration that has delighted many of the world’s prominent men of letters. A rare European landscape which boasts as many as eight nationa parks in so small an area!
With Risnjak, Paklenica, the Plitvice Lakes and Northern Velebit in the mountainous area, and with the Kornati Archipelago, the island of Mljet, the Brijuni Archipelago and the Krka waterfalls in the coastal area, Croatia is indeed a jewel of the primeval beauty of nature. Adding to that two arboretums, one in Trsteno, near Dubrovnik, and Opeka, near Vinica, numerous historical parks and protected nature parks, it is indeed a green land, with as many as 4300 plant and as many animal species.
Do not delay: sail the azure blue waters of the Adriatic and discover the island which is one of the last habitats of the griffon vulture in Europe. For dedicated nature lovers in Croatia you can put to sea with an adopted dolphin or, if you are particularly lucky, encounter the mysterious and rare Mediterranean monk seal. Whatever you decide to do, you will find that this is a place where the colours of nature are at their warmest and fullest.
The Croatian cuisine is diverse and known as a cuisine of different regions. Its modern form originates from the ancient times. The differences in the selection of ingredients and preparation methods are the most obvious if we compare the continental and coastal regions.
The coastal region is characterized by the influences of the Greeks, Romans, Illyrians and later Mediterranean cuisines – Italian and French. It features many seafood specialties (squid, cuttlefish, octopus, shrimp, lobster…) prepared in various ways, olive oil, prosciutto, various vegetables, Dalmatian wines such as Babic, Malvasia, Prosecco and Vrbnik Žlahtina, and various liqueurs like the famous Maraschino.
Why Should You Consider Croatia? A flotilla of dazzling white yachts glides into a sheltered cove. The put-put-put of their motors is no competition for the evening choir of cicadas. The whiteness of the yachts seems startling, a vivid contrast to the sea’s hypnotic palette of blues and turquoises…the deep orange roof tiles of a thousand-year-old town…the green pine woods beyond.
We could not be more passionate about Croatia, our latest discovery. Although many people know very little about it, this small maritime country at the heart of Europe offers you the chance to discover the closest thing to the Mediterranean of years gone by.
Unspoiled, relaxed, beautiful, and safe, Croatia is one of Europe’s loveliest treasures. Everything a discriminating visitor–or homebuyer–is looking for can be found right here: crystal-clear seas, timeless fishing villages and unspoiled beaches, Roman ruins, a pristine lake district, and medieval walled cities.
Every twist and turn of the coastline serves up grandstand views of secret coves, little harbors, and calm turquoise waters. Out in the Adriatic Sea, a galaxy of islands–1,185 of them–shimmer like a cache of emeralds.
The French legend Jacques Cousteau, esteemed biologist and oceanographer, once described Croatia’s waters as the cleanest and clearest in the world. When you come here, you simply must take a boat and go out into the Adriatic–you’ll be astounded at how far down into the depths you can see.
Adriatic property prices are what you could find on the Mediterranean a generation or so ago… Although prices have been increasing in recent years, it’s still not too late to buy. Prices are way below the European average.
When compared with many other European vacation destinations, real estate agents are right in claiming that the Dalmatian coastline still has significant growth potential. It’s hardly surprising, then, that this little gem of a country is experiencing something of an investor feeding frenzy. Now could be an ideal time to snap up a Croatian property, as it seems most unlikely that prices will fall. Especially since Croatia accessed to the European Union in 2013.
Why Should You Consider Croatia? One of our French buyers, who purchased seafront house on the cliff near Makarska, with mountains behind it, explained why he did it. Because:
Live in Croatia: Countless Benefits Many expats choose to live in Croatia because of its beautiful coastline
If you have decided to live in Croatia, then it is important when buying a property to always be sure of your rights and title by going through a real estate agent. Because of foreigners’ increasing interest in Croatian property, most agents here are now effectively offering a one-stop-shop service with established notary, attorney, and builder contacts. Of course, it is important to establish an agent’s reputation before you commit yourself.
Education in Croatia is free, and is compulsory between the ages of 7 and 15. Many children start their education at the age of 3, at pre-school, which lasts until they’re 6. Elementary school lasts for eight years, followed by four years of secondary school. At this level, schools are divided into high school, technical, specialized, and mixed curriculum schools. After completing high school, the brightest students go on to one of the country’s four universities in Zagreb, Rijeka, Split, or Osijek. Universities also offer free education, with particular emphasis on the sciences, medicine, and engineering. International schools are few, though there is the American International School of Zagreb, an independent, co-educational day school offering an educational program from kindergarten through grade 12. The curriculum is that of U.S. public schools, with instruction in English.
Many enjoy the quiet lifestyle associated with living in Croatia
Live in Croatia: Countless Benefits If you have chosen to live in Croatia, then you will most likely want to learn to speak a little of the local language. In order to help you with that, we’ll be happy to provide you with a list of the best croatian language learning schools. To get you started here’s a List of Five Useful Words: nekretnina: real estate; prodaja: sale; dozvola: permission; najam: rent; hvala: thank you.
Live in Croatia: Countless Benefits If you do decide you’d like to live in Croatia, you’ll need to apply for a temporary residency permit. You’ll need several official documents and a stated reason for wanting to live in Croatia. This can be related to an investment, a business, family, employment, study, or real estate rental or purchase. Having a yacht moored in a Croatian marina also qualifies as a reason for being granted a residency permit.
To obtain a temporary residence permit, you need to apply in person at the local Ministry of the Interior (Ministartsvo Unutarnjih Poslova) office. A temporary residence permit is valid for one year and can be renewed. You will not be able to get permanent residency status in Croatia until you’ve held a temporary residence permit for five years. Again, foreign nationals have to apply for permanent residence with the MUP. Apart from five years of temporary residence, the only other ways you can gain permanent residency are through marriage to a Croatian citizen for at least three years, humanitarian reasons, or at the discretion of the Croatian government.
Croatian Real Estate for Sale and Rent – Before you visit Croatia to buy your new property, or if you are planning to rent a gorgeous seafront villa for your summer holidays – relax, discover this amazing country by watching this informative youtube video playlist full of eye-candy and interesting facts:
Buy property in Croatia as prices are going down.
For example, our prices for residential property vary from the low €70.000 (for an old traditional stone house by the sea that needs a little bit renovation) to the high-end, top luxury villas priced from €500.000 to several million EUR.
Furthermore, nice family houses with 3 bedrooms and up (with a wonderful sea view) can be found for as low as €150.000, depending on the distance to the sea front and the year it was built, the price can go reasonably up (or down), however, it is always well into the “great property investment” price range. In addition, wonderful, sea view, two bedroom, newly built apartments are available from as low as €70.000 with an excellent ROI during the tourist season, which makes Croatia one of the best markets for real estate investment.
Croatia is a developed tourist destination, according to the British Sunday Times, one of the 4 best European destinations for 2011.
Croatian tourist income has not faced any recession, on the contrary, it is growing rapidly year by year by 10-12%. Many owners of residential properties in Croatia and a lot of our clients, take this advantage to make extra income. They rent their Croatian homes to tourists through our travel agency in Croatia specialised in villas and private accommodation rentals.
Example of rental income per year: a beach front house with 4 bedrooms brings to our client, ( a Norvegian owner) over €30.000 per year.
Meeting the guests and managing the property (cleaning, preparation, security, etc.) is done by specialized agencies which we can recommend, and the renting part is done with our travel agency. Thus, with the owner gaining extra profit from his property in Croatia, house pays out for itself in reasonable time and all other expenses are covered with rental profit.
Everything a visitor or home buyer is looking for can be found right here:
Every twist and turn of the coastline serves the grandstand views of secret coves, little harbours, and calm turquoise waters. Out in the Adriatic Sea, a galaxy of islands (1244 of them), shimmer like a cache of emeralds. Number of great national parks can be found in this beautiful country, from the Kornati Archipelago, Mljet Island, to the famous Plitvice Lakes National Park – (with one of the 3 most beautiful waterfalls in the world, consisting of 16 lakes connected with waterfalls) to the priceless, UNESCO protected heritage sites, cities and intangibles. All this makes Croatia truly the greatest treasure of the Mediterranean.
Overview of the Croatian Real Estate and Tourism – Trend is showing that in the last few years, Croatia has emerged as new tourist star on the European sky. The infrastructure has been transformed, improved, good quality roads now link north and south, airports in Split, Dubrovnik, Zadar, Pula connect coastline with all Europe and the country has been put on a sound footing, Which, in return, attracts more and more visitors interested in buying property.
The country is divided into numerous different regions, however most property buyers tend to want to buy their property in the coastal areas of Istria and Dalmatia. This is a land of medieval towns safe within high walls, breathtaking scenery, and an extraordinary mix of culture and history.
Croatia’s mainland coastline is around 1,770km long and in addition has around 1,244 islands lying off it, which is one of the major tourist attractions. The Adriatic coast leans towards beaches that are rocky or pebbly rather than sandy, however, there are some sandy beaches as well, for those who prefer them. Sea water is clean and crystal clear.
Potential homeowners are given a real à la carte menu of the variety of landscapes to choose from. Spending holidays in different regions is helpful in making a final decision and if you are able, try to visit at different times of the year so that you are aware of what the winter climate and atmosphere are like.
We are happy to help you spend your holidays in some of our collection of more than 400 top Croatian villas which we have in offer for rent. After your first experience of Croatian beauties, be sure to find your new second home in Croatia among our properties for sale. Each day we add new properties for sale.
Croatia is top tourist destination in Europe, Croatia is European union country.
This well known part of Croatia has vineyards, olive groves, a number of national parks and tranquil seaside towns on the mainland and islands, such as Dubrovnik, Split, Primosten, Trogir, Omis, Makarska, Cavtat, Orebic, Korcula, Supetar on Brac island, Hvar, Vis, Rogoznica, Zadar etc.
Small seaside resorts like Orasac, Brela, Baska Voda, Igrane, Rogoznica etc. attract visitors who enjoy the wonderful scenery and a quiet lifestyle. There are plenty of restaurants in the summer period. Number of cities are protected UNESCO heritage like Dubrovnik, Split, Trogir, Porec.
Dubrovnik region is rich with old summer mansions and luxury villas for sale and rent. You can view our Dalmatian and other coastal property listings for sale here.
Split is the capital city of Dalmatia, and with its position at the heart of the country, has played a pivotal role in the history and identity of Croatia. Famous Split heritage site is the Roman Emperor’s Diocletian’s Palace, built in 3rd century and is one of the rare examples of Roman architecture preserved in all its glory.
Brac, Hvar, Vis and Korcula – some of the biggest and most visited of the Dalmatian islands, located off the coast of Dalmatia.
The Istrian Peninsula is the most northern part of Croatia, and borders the country of Slovenia. This part of the country has proven very popular with visitors, thanks to its beautiful countryside, richly forested interior and attractive coastline. The old town of Umag is set on its own riviera, which stretches for about 20km. This is an especially pleasant part of the coastline.
Possibly the last area to come to the attention of the overseas property industry, Istria has seen a sharp growth in property buyers from the EU since the Croatian accession. in the past couple of years. As buyers are keen to find the best deals and discover untouched areas of the country, they have spread north from the bigger cites to discover the resorts and the old Venitian-style towns further up the coast. Low-cost airlines are beginning to fly into Croatia, with Pula in Istria as the main destination airport in the region.
Porec, probably the most popular resort in Istria, dates back some 2,000 years and is well worth a visit, while the town of Rovinj, which was originally on an island, is home to many restaurants and cafés and is also a busy fishing port.
Make sure to check out our Istrian properties for sale and rent!
Further down the coast from Istria comes the middle section of Croatia, the Kvarner region.
Opatija and Crikvenica have a great deal of charm left over from former times. Opatija, especially, is home to some lovely buildings dating back to the Austro-Hungarian Empire, when it was a fashionable seaside resort. Crikvenica is known for its long beach and mild climate, which is reputed to be beneficial for those with respiratory problems.
One of the most important (and busiest) Croatian ports, Rijeka, is also located here. This is pretty much a starting-point for anyone wanting to travel by ferry further down the coast or out to the islands. Also to be found in this part of the country are the islands of Krk, Pag, Rab and Cres.
We have a nice variety of properties for sale in all of Kvarner, especially the island of Pag & Rab.
Article by INTERNATIONAL LIVING magazine:
More and more people are making the decision to retire in Croatia–and the reasons are obvious
Retiring in Croatia is unlike retiring anywhere else in the world… A flotilla of dazzling white yachts glides into a sheltered cove. The put-put-put of their motors is no competition for the evening choir of cicadas. The whiteness of the yachts is startling, a vivid contrast to the sea’s hypnotic palette of blues and turquoises…the deep orange roof tiles of a thousand-year-old town…the green pine woods beyond.
Although many foreigners know little about it, this small maritime country at the heart of Europe offers you the chance to discover the closest thing to the Mediterranean of years gone by. Unspoiled, relaxed, beautiful, and safe, Croatia is one of Europe’s loveliest treasures. Everything a discriminating visitor–or home buyer–is looking for can be found right here: crystal-clear seas, timeless fishing villages, and unspoiled beaches, Roman ruins, a pristine lake district, and medieval walled cities. Every twist and turn of the coastline serves up grandstand views of secret coves, little harbors, and calm turquoise waters. Out in the Adriatic Sea, a galaxy of islands–1,185 of them–shimmer like a cache of emeralds. The legendary Frenchman Jacques Cousteau, esteemed biologist and oceanographer, once described Croatia’s waters as the cleanest and clearest in the world. When you come here, you simply must take a boat and go out into the Adriatic–you’ll be astounded at how far down into the depths you can see.
International Living can’t claim to have been the first to recommend the Dalmatian Coast as a retirement destination. That distinction goes to the Roman Emperor Diocletian (AD 245-316), the only Roman emperor ever to retire. He chose to spend his golden years in his palace in Split, where he remained until his death in 316. The Diocletian Palace was declared a UNESCO World Heritage site in 1979 and it remains at the heart of Croatia’s second-largest city.
Retiring to Dubrovnik, Croatia will allow you to enjoy your retirement in a truly unique environment
If you’re planning on permanently retiring to Croatia, then you must have a visa. In the foreign countries, visas are issued by the following: Embassy of the Republic of Croatia in those countries or Consulate General. You’ll also need to apply for a temporary residency permit. You’ll need various documents and a stated reason for wanting to live in Croatia. This can be related to an investment, a business, family, employment, study, or real estate rental or purchase. Having a yacht moored in a Croatian marina also qualifies as a reason for being granted a residency permit.
All major population centers have decent health care facilities. Zagreb is the best served with a large general hospital, Sveti Duh.
Your health insurance usually does not travel with you beyond borders. You will probably need to buy private health insurance in Croatia. Numerous U.S. and British companies provide health insurance for retirees living in Croatia.
Best Places to Retire Abroad
There are plenty of other great countries for retirees. Here’s a look at a few that just missed our list.
We haven’t included all the world’s countries that may be fine candidates for retirement. For the sake of sun-loving boomers, we focused mainly on warm-weather locations. Even so, there are other affordable countries that prospective expat retirees might find appealing, such as the Croatia…
Along with it’s rich history, beautiful and untouched nature and friendly people, Croatia has another trait to boast: it is becoming one of the hottest trends in the summer festival scene!
Just imagine it, warm Mediterranean sunshine, wonderful beaches and crystal clear sea, great crowd and the prices… do you know how cheap alcohol is in Croatia? (especially when comparing with $12 beer in Ibiza) There is no surprise why Croatia is becoming huge, every year new, successful festivals are emerging and now, with the biggest dance festival franchise moving to Croatia exclusively for 5 years, it’s only becoming bigger!
On July 12th, 2013, the city of Split exploded with over 103,000 attendees of this mega-popular dance festival – Ultra Europe. Over 75 countries were represented and it is safe to say, from our Croatian real estate / tourist agency point of view – the business was good. There was not a single bed left in Split that evening (and the following night) and there was more than enough people wishing they had thought of booking an apartment in Split earlier.
With all other attractive festivals emerging and performing excellently, it is more than certain that each following year will be more successful for the (mainly British, Italian and American) organizers. Croatia is the top festival destination in the years to come!
Having that in mind, Luxury Croatia Real Estate Agency and it’s brand: Adriatic Traveller have prepared a top list of the 10 Hottest Summer Festivals in Croatia. Hopefully, with you attending some of them, we might help you plan your trip, organize your itinerary and/or book your accomodation for the duration of the festivals or longer (trust us, you will fall in love with the country).
Widely recognized as Europe’s largest bass music and sound system culture festival. Located in an abandoned Istrian fort this festival offers one of the best experiences of the summer.
By the creators of Hideout Festival, The Warehouse Project and Field Day, the Uknown Festival offers some of the most forward thinking music and a hedonistic and immerse experience.
A splendid mix of artists of rock, dance, pop and more… IN Music is one of the most successful Croatian festivals conveniently located in the capital of the country.
What started as a modest “eco-fest” celebrating eco awareness soon exploded as one of the biggest and most fun festivals in the region. Highly recommended!
It is final, the world’s biggest festival franchise has moved to Croatia for 5 + more years. Enjoy the biggest names of the industry and meet the biggest crowd. Ultra Europe!
The team behind Time Warp and Fade In has created a new brand – Sonus Festival, a platform for the best underground electronic music scene.
Electronica cutting edge! Thrilling beachside festival with three stages of music and numerous boat parties spreading on over four days of extreme fun.
Eight years old and still provides one of the best experiences of house, disco, soul and funk music.
Dubbed as the instagram heaven, located on the island of Pag, makes sure you party on the beatuiful beaches with chic clubbers and with tons of boat parties and cheap drinks.
Providing a different experience from the electronic side of Croatian Festivals, Fresh diggs more into the hip hop music spread through three beachside stages.
Since 2000, Croatia has been one of Central Europe’s fastest growing economies, so investing in Croatia is naturally on the rise. Its main foreign trade partners are Italy and Germany. Although Croatia’s history is ancient, on the economic front, it’s still pretty much a new country. It wasn’t even awarded investment grade rating until 1997.
Today, much further progress has been made toward implementing structural reforms, though the pace of reform has been slow. Nearly two-thirds of the Croatian economy has now been privatized, and around 90% of bank assets are privately owned, mostly by strategic foreign investors.
Around 60% of the country’s GDP is generated by the services sector: Tourism is absolutely vital for Croatia, as it’s this aspect of the service sector that creates the most income and employment. Tourism is Croatia’s largest source of foreign revenue, but it currently accounts for only a small segment of foreign direct investment. The main interest in investing in Croatia comes from Europeans. Italian banks have been major participants in banking privatization, and the Germans and Austrians have a stake in the banking sector, too. Other sectors attracting interest include manufacturing, cement, pharmaceuticals, power, and telecoms. Again, prominent investors come from Germany and Austria, as well as the Netherlands, Italy, and other European countries, including Slovenia and Hungary. It’s as well to bear all the caveats in mind, but many opportunities exist for foreign companies in a range of sectors. These include major infrastructure projects in railways, roads, power, water, oil, gas, telecommunications, tourism, shipbuilding, health care, medical equipment, consumer goods, and construction materials.
Croatia is an open market for foreign investors and those who come here to do business. Foreign investors are not subject to any special laws or regulations. You can carry out business under the same conditions as local business structures. In addition, foreign investors have some guarantees that aren’t available to domestic investors. The Croatian constitution provides for the free repatriation of profits or capital upon termination of an investment.
With an unspoiled natural environment, a celebrated cultural and historical heritage, and so much emphasis on Croatia as a tourism destination, it’s worth investigating some of the investment possibilities offered in this sector.The Croatian Chamber of Economy suggests the future lies in “selective tourism.” The country certainly has great possibilities for anyone looking to carve out a niche market. Increasing numbers of holidaymakers are seeking vacations that involve more than simply lolling on a beach. Take the water: Croatia is perfect for nautical tourism, dive tourism, cruising on small boats, and fishing tourism. Inland, you could offer equestrian tourism, biking tourism, adventure tourism, ecotourism, or hunting tourism. (Regardless of your own views on the subject, many Italians regard Croatia as a great hunting location.) If you’re interested in a health tourism venture, where better than a country with so many natural spas? And a cookery school would fit in anywhere.
Predicting tourism trends is never easy, though, and deciding on a suitable investment will involve careful study. Where in Croatia do the tourists go? Why are some areas more popular than others? Are there developing trends? Some of these questions can be answered easily. The Croatian Bureau of Statistics publishes tourism figures on a regular basis. Data are available monthly, quarterly, and yearly. This information will certainly be helpful in showing you the most popular areas, and to a certain extent what type of accommodation tourists are staying in.