How to buy in Croatia
1.) You can purchase property either as a private individual or you set up a Croatian company.
The company route is quicker - six weeks as opposed to at least six month for individual buyers who need permission from the Ministry of Foreign Affairs.
2.) The costs of setting up a Croatian company are as follows:
notary and translators fees: ca. 1.000 Euro
court fees: ca. 300 Euro, depending on the number of registered activities
company s capital to be paid in: 2.800 Euro ( 20.000 Kuna )
annual costs of the company:
various taxes and fees: aprox.: 300 Euro
and from 50 to 150 Euro monthly depending on whether the company is " dormant " or active.
3.) Taxes: There are no annual property taxes, but purchase tax is levied when buying real estate.
Payable by the buyer, this tax is 5%.
If a property in private ownership gets sold within three years, capital gains tax is levied at 35%.
After three years, you re not liable for capital gains tax.