Through a scheme called “Croatian Citizenship by Investment,” international nationals can become citizens of Croatia by making a sizeable investment there. This program was launched in 2021 to entice international investment and boost the nation’s economy.
Who is eligible?
A person must invest at least €2 million in Croatia in order to be eligible for citizenship by investment. There are several ways to invest, including:
- Business investment: Purchasing stock in a Croatian corporation or establishing a new enterprise there
- Investing in real estate: Buying a home in Croatia
- Government securities: Purchasing Croatian government securities
What is the process?
The following steps are normally involved in the citizenship by investment process for Croatia:
- You must invest at least €2 million in Croatia and fulfill other requirements, such as having a spotless criminal background, in order to qualify for citizenship by investment in Croatia
- Make the investment: After deciding on the kind of investment you want to make, you must transfer the money to a bank account in Croatia and show proof of the transaction
- The next step is to apply for a temporary residency visa in Croatia, which you will need to do after making the investment. This license can be renewed for an additional two years
- You can apply for citizenship by investment once you have held a temporary residency visa for at least five years and satisfy all other requirements. A background check and the submission of various papers, including proof of residency and investment in Croatia, are necessary for this application
- Attend an interview: After completing your application, you may be asked to appear for an interview with the Croatian Ministry of Interior Affairs and address any queries they might have
- If your application is processed and has been accepted, you will be notified of the result and given Croatian citizenship and a Croatian passport