Retiring to Croatia
Croatia is one of Europe’s youngest countries, created when ethnic conflicts in the Balkans between 1991 and 2001 saw the break-up of the former Yugoslavia. Within a decade, Croatia had come to the fore internationally for a more positive reason and that was when the beauty of this newly independent republic began to attract overseas visitors and investors in search of a good value Mediterranean holiday home.
As emerging property markets in central and eastern Europe began to capitalise on the appetite of foreign buyers for low-priced property overseas, Croatia found a new following as an unspoilt, relaxed and safe destination with crystal clear sea, charming fishing villages and beautiful stone buildings. It became known as the ‘new Tuscany’ – but the non-euro version, as despite being a member of the European Union, Croatia retains its own currency, the kuna (HRK).
The draw for most foreigners is its long Adriatic coastline, which runs from the Istrian peninsula to Dubrovnik and along to the Montenegrin border.
Of huge appeal to the sailing fraternity, the Croatian coast also encompasses more than 1,000 islands, 48 of which are inhabited. Among them are Brac, one of the largest, fashionable Hvar, routinely voted one of the world’s most beautiful islands by the likes of Conde Nast Traveller and Forbes, and Korcula, which – like Hvar – is known for its colourful festivals, centuries-old wine-making traditions and landscapes of olive groves and quiet coves.
The cost of living in Croatia compares favourably with many other European cities: 55% cheaper than London, 45% cheaper than Paris, 23% cheaper than Florence, 20% cheaper than Barcelona. It is even deemed to be 10% cheaper than Lisbon, which is one of the cheaper European capitals to live in…
Until the UK exits the EU, British citizens are entitled to the same rights as any other EU citizens in Croatia, and they do not require a visa to live, work or retire there.
Non-EU nationals must have a visa in order to retire to Croatia. They will also need a temporary residence permit, for which they will need a stated reason for wanting to live in Croatia – whether that is family, study, an investment or a property rental or purchase…
See our ‘Brexit Update’ pages for how your retirement to Croatia may be affected as the UK leaves the EU.
‘Retiring to Europe‘ provides you with the key information you need to consider when planning your retirement to any of the most popular countries in Europe. The following subjects are comprehensively covered for each destination:
Cost of Living
Retiring to Europe
Europe remains a popular retirement destination for Britons. But where best to retire in Europe? The full-colour, 264-page book ‘Retiring to Europe’ considers the pros and cons of the popular options. It examines in detail climate, lifestyle, language, travel connections, the affordability of property, access to healthcare and the tax and other financial implications of residency in ten European countries.
It focuses on the areas of Mediterranean Europe that Britons prefer to retire to: France, Spain, Italy, Portugal, Cyprus, Malta, Greece, Turkey and Croatia. It also looks at the UK as a retirement option.