Are foreign citizens allowed to buy real estate in the Republic of Croatia?
Starting with February 1st, 2009 the Stabilisation and Association Agreement became valid, which stipulates that the same standards are used both for all citizens of the European Union and for Croatian citizens, which removes previous administrative obstacles, such as reciprocity (meaning that Croats were expected to have the same rights when buying real estates as the citizens of that country have in Croatia), and there is no longer a need for an approval issued by the Croatian Ministry of Justice). For citizens of non-EU countries, the regulations remain the same as they were before (the reciprocity condition and the need to obtain an approval from the Ministry of Justice). Conditions are different for individuals and for legal entities. It is easier for foreign companies to acquire a real estate here. It suffices to establish a subsidiary in Croatia, which automatically enables them to buy all the real estate that is available to Croatian citizens.
