Learn more about Croatia and other countries in our daily postcard e-letter. Finding the right financial advisor that fits your needs doesn’t have to be hard. This retire in Croatia guide analyze the mains aspects of moving to this European nation, a full EU member with stable society and wonderful nature. If you earn any money outside of the U.S., you can use a few different provisions to reduce your U.S. taxable income. There is no specific residence category for retired persons. This is only slightly behind the United States, which ranks 37th, according to the World Health Organization. If you plan to spend your retirement working in Croatia, you will also need to apply for the work permit or the business permit. This retire in Croatia guide analyze the mains aspects of moving to this European nation, a full EU member with stable society and wonderful nature. Croatia is also an excellent place to visit by sea. The country is definitely one of the most attractive places to retire in Europe, together with Montenegro, Bulgaria and Portugal. Another advantage of having a bank account in Croatia is the European deposit insurance scheme. Banking in the country will bring a number of advantages for those willing to retire in Croatia. Overall banking conditions in Croatia are pretty good in most cases. The U.S. State Department has therefore given Croatia the lowest possible travel advisory level. Even if requirements may change from bank to bank, they usually do not require more documents than these. available here (Croatian Government website), Where to Stay in Bratislava, Slovakia? The put-put-put of their motors is no competition for the evening choir of cicadas. Croatia is currently one of the best places to live in Europe, and in this post we will analyze its key advantages. a revenue stamp of HRK 20.00 if the application is submitted in the Republic of Croatia. Hrvatska Poštanska Banka Every twist and turn of the coastline serves up grandstand views of secret coves, little harbors, and calm turquoise waters. 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. Since Croatia is part of the European Union, the requirements to live in Croatia are quite different, depending on your country of citizenship. News and Articles for Expats and Travelers. In the U.S., visas are issued by the following: Embassy of the Republic of Croatia in Washington, D.C.; Consulate General in New York, Los Angeles, and Chicago. That distinction goes to the Roman Emperor Diocletian (AD 245-316), the only Roman emperor ever to retire. Every major metropolitan area has large hospitals available for both locals and foreigners. Zagreb receives the highest number of regular flights in the country, mostly operated by flag carriers. Food and transport costs are especially cheap in Croatia. They will ask you for a copy of your U.S. passport, two passport photos, a birth certificate, evidence of health insurance, evidence of your housing in Croatia, proof of adequate funds, and a background check report. Since Yugoslavian time, the Croatian seaside was an attractive tourism sport in Southern Europe. Therefore, if you are simply retired and collecting on your pension or money earned in the United States, then you will not have to pay taxes in Croatia. Numerous U.S. and British companies provide health insurance for retirees living in Croatia. Société Générale-Splitska banka Privredna banka Zagreb As you plan to move, one of the biggest factors you will consider is housing. Coastal cities like Dubrovnik, Split and Pula also have a sizable air traffic. Croatia has direct train connections to Slovenia, Hungary, Austria, and other countries. It is also useful for real estate purchases, paying utilities and domestic transfers. The following documents are usually required to apply for a residence permit in Croatia: More information on Croatian residence permits is available here (Croatian Government website). You can call these offices or visit their websites to begin your visa application process. The registration process is simple, and does not require much documents. This means that the most common ailment of tourists and expats in Croatia are severe sunburn, heatstroke, and dehydration. 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. As a U.S. resident, you must file taxes in the United States each year. Zagreb is the best served with a large general hospital, Sveti Duh. Retire in Croatia. If you’d like to forecast your tax burden more specifically, you may want to consult with a tax expert who is familiar with both U.S. and Croatian tax laws. Croatia seems to have a little bit of something for everyone, especially retirees. Subscribe to the Magazine Today and Save 35%. Croatia has much lower violent crime rates than the united states, and overall crime levels are exceptionally low. When we compare these cities with New York City, where one-bedroom apartments cost about $3,326 per month in the city center, Croatia is very affordable. If you are traveling to Croatia by air, the best options are flying to the capital Zagreb and to Dubrovnik, in the south of the country. The OIB is the person’s identification number in Croatia, necessary for most bureaucratic process in the country. Since Croatia joined the European Union, banking in the country became easier, faster, and in many situations cheaper. Out in the Adriatic Sea, a galaxy of islands–1,185 of them–shimmer like a cache of emeralds. Learn how to relocate to Croatia, its cost of living and the paperwork to get your residence permit in the country. Firstly, you can get funds in Croatian Kuna, the local currency. To open a bank account you will usually need to show your passport. Photo credit: ©iStock.com/sorincolac, ©iStock.com/vidka, ©iStock.com/Rita Fodorne Mate, Bank of America® Travel Rewards Visa® Credit Card Review, Capital One® Quicksilver® Cash Rewards Credit Card Review, 7 Mistakes Everyone Makes When Hiring a Financial Advisor, 20 Questions to Tell If You're Ready to Retire, The Worst Way to Withdraw From Your Retirement Accounts. That is specially the case in places like Dubrovnik, Split and the center of Zagreb. Compare the Top 3 Financial Advisors For You. If you spend more than 183 days per year in Croatia, you will be considered a resident for tax purposes. It’s tough to plan for your retirement if you aren’t sure what kind of costs you’ll have when you actually retire. How Much Do I Need to Save for Retirement? You’ll need various documents and a stated reason for wanting to live in Croatia. Croatia has one of the most affordable cost of living in the European Union, especially if we consider the countries with a good climate. The Diocletian Palace was declared a UNESCO World Heritage site in 1979 and it remains at the heart of Croatia’s second-largest city. Sign up for our free daily Postcard e-letter and we’ll immediately send you a free research report to help you find your perfect place to live better, for less, overseas. While the residency permit application process typically takes less than a couple of hours at a local police department, you can expect the approval process to take a couple of weeks. Sign in to access your subscriptions and subscriber-only content. It is considerably easier to get a residence permit in Croatia than in most Western European countries. This can be due to anything from mooring your boat in a Croatian port to wanting to live there or invest in real estate. The average apartment rental in Split is $443 per month for a one-bedroom. When you apply for your Croatian residence permit, you will be required to register for and pay into the state health system. If you don’t enjoy beaches, plenty of people also choose to live in Zagreb, the capital city. Additionally, it is relatively easy for Americans to get visas to stay in Croatia long-term. You will also be considered a resident if you lease or own a home for your exclusive use in the country, regardless of how many days you spend there per year. Getting an OIB is rather easy, and they are issued by the Croatian Ministry of Finance. If you want to retire somewhere that is cost-effective, safe, and beautiful, Croatia should make your shortlist. The road infrastructure improve drastically in the country during the past years, especially due to EU funding. Outside those areas you can still find good bargains. Each day we uncover some of the most desirable-and cheapest-retirement havens on earth. Croatia enjoys one of the best locations in South Central Europe, with great connections to other European countries by land, air and sea. In almost all cases you will be also required to provide a Croatian OIB. Although many Americans 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. Sberbank. Zagrebačka banka The legendary Frenchman Jacques Cousteau, esteemed biologist and oceanographer, once described Croatia’s waters as the cleanest and clearest in the world. International Living can’t claim to have been the first to recommend the Dalmatian Coast as a retirement destination. Some banks will require you to have a Croatian address (even if you are not a resident). Let’s analyze the cost of living in Croatia including costs with groceries and internet, transport and real estate. These conditions are all avoidable, but if you do suffer from one of these issues, the Croatian healthcare system meets American standards. The country got independent from the now dissolved Yugoslavia, in conflict that resulted in the creation of several countries in the Balkan peninsula. The Bottom Line. Traveling to Croatia by land is also quite easy and comfortable. Croatia is easily accessible from most European countries, and its Adriatic coast is an excellent option if you like sailing and traveling by sea. In case your bank becomes insolvent, up to a certain amount, you will not lose your funds. proof of justified reasons for temporary stay, consular fees in compliance with Tariff number 78.c of the Administrative Fees Act if the application is submitted at a diplomatic mission/consular post of the Republic of Croatia, or. 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. If you plan to purchase in Croatia, the national average cost of an apartment in the city center is about $261 per square foot. Croatia has much lower violent crime rates than the united states, and overall crime levels are exceptionally low. There are many English-speaking doctors in Croatia, and the standard of medical care is high, ranking at the 43rd best system in the world. One of the advantages of Croatia is that you can apply for your residence permit directly in the country. Or, if you’re a city person, maybe you dream of the markets in Zagreb. If you are planning to stay in Croatia for more than 3 months a year, or buy real estate in the country, opening a Croatian bank account is a good idea.