Croatia is a member state of the European Union and has a high level of economic development in addition to having a great quality of life. Above it all, it also provides a lot of unique potential business opportunities.
For foreigners who want to relocate here, the Croatia Residence Investor Program grants permanent residence as well as numerous other benefits. You can acquire Croatian citizenship by investment, which has many benefits.
In the European market, Croatia boasts a highly qualified workforce in addition to a tax system that is favourable to investors. An investment of 100,000 EUR is required to apply for citizenship through investment.
Investors who make an investment in Croatia are qualified to apply for a resident visa as long as they fulfill the necessary criteria, which include:
You must arrange the following documents while applying for this visa;
The process of citizenship in Croatia is long and completed in various steps. It can take at least eight years to gain citizenship through investment in Croatia.
Visa Processing Time
Though the process of citizenship can take a few years, the visa does not take long to process. You can have a visa a couple of months after you have submitted your application.
How to Apply
Initially, you may apply for a temporary residence permit. After being in the country for five years, you are eligible to hold a permanent residency status. Permanent residence can eventually lead to citizenship in the next few years. You may have to go through a visa interview along the way, and if it happens, you must be careful to avoid making any mistakes.
Duration
The temporary residence permit to Croatia is valid for a year. But once you have a permanent residence or citizenship status, you may stay there for an indefinite amount of time.
Fees
You are required to pay visa fees on multiple instances if you are applying for citizenship through investment. Initially, you will have to pay around 100 EUR for temporary residence. Almost the same amount will be required to apply for permanent residence later on.
Do we need to extend the citizenship by investment in Croatia?
Once you have citizenship in the country, there is no need to extend it.
Does Croatia offer dual citizenship?
Yes, Croatia is considered among the countries that offer dual citizenship. Thus, you will be able to have two different passports and even buy property in both places.