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Croatia
Dubrovnik - The Pearl of the Adriatic
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Croatia is a relatively small country, but it has a spectacular 6,000 km coastline on the Adriatic Sea with more than 1,100 islands, of which only 66 are inhabited. This coast is considered to be the most beautiful in Europe with innumerable bays, inlets, coves and beaches. There are also many historic places such as Pula, Split, Korcula, Hvar, Trogir,
Dubrovnik. On the Adriatic coast alone there are four historic places which are listed as World Heritage sites by UNESCO. |
Most islands receive more than 2,600 hours of sun a year. Croatia is divided between the Latin-influenced coast and an interior which is more Central European.
The official language is Croatian, although English is spoken widely, particularly in larger cities. The capital is Zagreb with about 800,000 inhabitants.
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Croatia was
the second largest state in the former Yugoslavia. When
Croatia declared independence in 1991, a four-year war
with Serbia followed. Although most of Croatia remained
untouched by the war, this nevertheless distracted attention
from the Croatia's clear seas, over 1,000 islands, romantic
fishing villages, beautiful beaches, vineyards, Roman
remains and medieval towns. Croatia is now a sovereign
state and in 1992 became a full member of the United
Nations. Elections in January 2000 brought in a new
free-market-oriented government determined to attract
foreign investment. The political, social and economic
situation is rapidly improving.
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The Constitution of
the Republic of Croatia, which came into effect in 1991, establishes
Croatia as a parliamentary democracy and guarantees the right
and inviolability of private property. Also, rights acquired
through c apital investment are constitutionally guaranteed.
Free transfer and repatriation of profits and capital are guaranteed
to foreign investors. Asset forfeiture is possible only following
a final court decision.
Before separation
from Yugoslavia, Croatia had a well-developed tourist industry
attracting about 10 million visitors annually. While the industry
is now recovering, Croatia offers excellent opportunities before
the crowds return.
Some of the many
advantages of Croatia include:
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Most beautiful coastline
in Europe with unspoilt nature and rich culture |
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Certain income may
be received 100% tax-free |
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Use of offshore structures
is possible for tax planning and privacy |
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Possible fiscal incentives
for substantial investments |
To establish yourself
or your business in Croatia will require securing relationships
with key partners such as government officials, bankers
and corporate professionals. You need experienced consultants
to build a network of contacts and help you to become established
in your new environment.
The specialised
services of Henley & Partners are a resource and complement
to major law and consulting firms. We can help other firms and
their clients with the unique and specific details required
by the business relocation process and related
tax planning.
  
Further Information
Through its well-established
Croatian office in Split, on the Dalmatian coast, Henley
& Partners assist foreign individuals in real-estate
purchase transactions, real-estate structuring, and advise about
all aspects of investing and doing business in Croatia. Please
contact us
for more information or to arrange for an initial personal consultation.

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