Monday, December 23, 2024

Croatian Citizenship by Investment

Croatia has the most beautiful coastline in Europe with unspoiled nature, rich culture and mild Mediterranean climate. Croatia is a Full Member of European Union but does not have schengen membership.

Under article 12 of the Citizenship Act grounds for facilitated naturalisation to foreigners whose contribution is considered to be “of interest” by a competent ministry.

Article 12 A foreign citizen whose admission to Croatian citizenship would be of interest for the Republic of Croatia, can acquire Croatian citizenship by naturalization although he or she does not meet the prerequisites from Article 8, paragraph 1, points 1-4 of this Law.Croatian citizenship can be acquired by the spouse of the person from paragraph 1 of this Article who has acquired Croatian

It is possible to get ‘temporary’ residence status in croatia by investing atleast USD 200,000 in a business activity and creating 5 jobs. Citizenship after holding permanent residence of  least five years of continuous residence in Croatian territory. In accordance with Article 78 of the Law on Citizenship, a permanent residence status may be granted to an alien (foreigner) who, at the time of submitting the application, had received  a 5 year temporary residence status.

In 2017, Croatian passport is ranked 21st in world passport rankings with visa free travel to 153 countries in the world, according to Visa restrictions index.

The Republic of Croatia recognizes dual citizenship.

 

 

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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