CLOSE X

Register - if you don't have an account

Yes! Sign me up for Global Property Guide's fortnightly email newsletter.


Login - for registered users

Forgot Password?
Explore destinations
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean

 


Financial Overview

Directory

Property Search

Global Statistics

Regional Statistics






Sep 11, 2013

Effective tax rates are
moderate in Croatia


INDIVIDUAL TAXATION

Nonresident individuals are taxed on their Croatian-sourced income. Married couples are taxed separately.

INCOME TAX

Personal allowances extended to both domestic and foreign taxpayers are not applicable to property income.

Rental Income Tax

Rental income from property is taxed at 12%, with allowed deductions fixed at 30% of the incurred expenses.

Local Surcharges

Surtax is levied on top of the tax due from taxpayers by local authorities at the following rates:

  • Maximum of 10% for communities
  • Maximum of 12% for cities with the population of less than 30,000
  • Maximum of 15% for cities with the population of more than 30,000
  • Maximum of 30% for the capital city, Zagreb

CAPITAL GAINS TAX

Croatia Primosten luxury properties

Capital gains from the sale of immovable property are subject to a flat withholding tax rate of 25%. Allowable deductions are the acquisition cost of the property as adjusted by inflation and the fees incurred in the transfer.

The sale of real estate is exempt from capital gains tax if (1) the sale took place more than three years from the date of purchase, or (2) if the property was used as the residence of the taxpayer and/or dependent members of the taxpayer’s family, (3) or the sale was directly connected with a divorce or an inheritance.

VALUE ADDED TAX (VAT)

VAT is waived on the leasing of housing premises.


PROPERTY TAX


Tax on Holiday Homes

Tax on holiday homes are payable by owners of holiday homes in Croatia. The tax is levied on the useful area of the property. The tax is HRK5 (€0.71) to HRK15 (€2) per square meter, depending on the municipality or town where the property is located.

   





Comments


Be the first to comment on this article!



Login or Register to submit a comment!

In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.



Baltic property back! Q1 2014 - NewsecBaltic States Capitals 2014 - Ober Haus
Compare Countries



Free Newsletter

Fortnightly updates from the global property arena directly to your inbox.


Email Address:





Connect to professional advice in Croatia



PROPERTY RECOMMENDATIONS

 
Download free Global Property Guide reports

Our Newsletter

 
Fortnightly updates from the global property arena directly to your inbox.

Manage subscriptions
Chinese property buyers and Asian buyers, there is great property for high net worth Chinese buyers on Juwai.com

Which parts of the world are most attractive for property investment today?

Click here to download our FREE Property Recommendations Reports!

Close Me