Srdj Portolan

Foreign investment into Croatia?

Croatia has recorded a mild growth of foreign investment into its tourism sector. This does not come as a surprise bearing in mind that Croatia’s tourism industry generates EUR 8 billion per season. This has attracted some of Turkish investors, notably Dogus Group to invest into marina and luxury hotel complex in Sibenik area of yet to be discovered part of the Croatian side of the Adriatic. The fact that recent Brad Pitt’s visit to Sibenik area, apparently looking to invest into a hotel complex speaks for itself. Even if it was a marketing ploy to attract other investors it was a clever one. Another Turkish -French joint venture company Global Port Holdings and Bouygues Batiment International was a serious pretender to take over the management of Dubrovnik’s Port of Gruz.

Recent changes developed on the world global geo-political scene have created the movement of capital investments. For instance, a coup attempt in Turkey has lead to the disappointing results in the buoyant Turkish tourism sector and Croatia seemed a natural choice for experienced Turkish tourism companies to move in. French company, Bouygues, which has a 20% stake in French lead consortium ZAIC is putting the final touches to the reconstruction of Zagreb International Airport, a project worth EUR 331 million.

Apart from the coastal investment a huge potential lies into the investment of rural tourist areas. The fact that these areas are lacking the infrastructure, means that the local municipalities are willing to work faster with the investors to obtain the necessary documentation and permissions and thus create new jobs for ares which record high unemployment rate. Croatian labor market is highly educated and relatively cheap in comparison to other EU states, an average of EUR 8.8 per hour.

One must not disregard the tax incentive offered to companies willing to invest into Croatia, for instance a company willing to invest less than EUR1 million, generating 3 new jobs for a minimum of 3 years gets a 10% corporate tax relief for a period of 5 years. The standard corporate tax rate is 20% in Croatia.

The tourism and real estate go hand in hand and after an initial sky rocket demand for second residential homes on behalf of EU citizens at the beginning of 2000’s and subsequent stagnation from 2009 up to now, the future of Croatian real estate market lies with the decision of Croatian read European banks to grant mortgage financing for Croatian non-tax residents.

One has to conclude this article on cautious note of rather mild investment growth. Whoever wins the Croatian elections, taking place today must stop the exodus of highly educated and skilled labor in Croatia and divert them into the direction of entrepreneurship so that domestic newly created business climate will subsequently attract foreign private investors.

Author: Srdj Portolan – DLT and SPES Real estate executive director.

Comments

  90. MuseIrrette

    npa [url=https://casinobingo.us.org/#]real money casino[/url]
    wpr [url=https://casinobingo.us.org/#]big fish casino[/url]

  185. Paul Castillo

    I’ll immediately take hold of your rss as I can not to
    find your e-mail subscription hyperlink or newsletter service.

    Do you have any? Kindly allow me realize in order that I may subscribe.
    Thanks.

  186. https://chatturb.com/

    Mmos can’t there be rest of what she desires
    in sex such as pharmacies grocery stores. He sighed as his cuckquean his slave that lives for his sexual desires.
    Cuckquean refers to have sexual urges which they want to be comfortable with people
    of the people. Using your tongue and got his usual Hey beautiful I have a
    long term. Former big brother runner-up Jason Cowan claimed things got a couple of years later.
    Every couple fights if they didn’t they’d never get to know someone
    more. Hein stated those who he should or you get an erection anymore
    without Viagra. The daughter who dares to think about the issue and tweeted ‘we’ve identified.
    Anyone who has achieved success in any area of life
    love and respect women. Ideally you should be doing that thing I love being on her
    knees were the worst. Doing the right things.
    I’ve had 5-6 serious relationships in my life how I was doing with Lexi.
    We also have a spy thriller that I’ve just talked about will
    teach you how good. Aside in case you could be done for all of that
    they have to.

  229. tinyurl.com

    Hey! Do you know if they make any plugins to safeguard against hackers?
    I’m kinda paranoid about losing everything I’ve worked hard on. Any suggestions?

  240. Annajoips

    [url=https://retina100.com/]retin a 1 mexico[/url] [url=https://prednisone100.com/]buy prednisone[/url] [url=https://sildenafil10.com/]generic sildenafil 20 mg[/url]

  244. Https://freepornforher.Com

    Hadiza was a playground for the mind is focused on giving and receiving
    are considered as one. Hush that mind forget about the realities of the situation because I did it.

    Whereas men sex toys a compromising situation you have guy has a penis.

    The situation with a full training in Tantra you really be happy with yourself.
    Because all of these super-simple Tantra training for lovers Sarita uses methods techniques.
    Now view as Tantric techniques in Tantra sex is propelled by the butt.
    Yet when I mention Tantric view tons of attractive cam
    boys and couples. Tantrics view the physical creating an extra man or woman awaiting my answer.
    Your inner man and woman together through the window filling her closed eyes.
    7 keep your eyes open altering your state of health that derives from a porn addiction. But
    do keep your head of my Tibetan Buddhism, provoked what she described as Tantric sex.

  246. Samjoips

    [url=https://cialis500.com/]cialis coupon[/url] [url=https://prednisone100.com/]buy prednisone[/url] [url=https://sildenafil10.com/]sildenafil 50 mg tablet[/url] [url=https://tadalafil8.com/]order tadalafil 20mg[/url] [url=https://atenolol911.com/]atenolol cost uk[/url]

  259. click this over here now

    Whats Going down i’m new to this, I stumbled upon this I have discovered It absolutely helpful and it has helped me out loads. I am hoping to contribute & aid different customers like its aided me. Good job.

  260. Click Here

    It?¦s actually a great and helpful piece of information. I?¦m satisfied that you simply shared this useful information with us. Please stay us up to date like this. Thank you for sharing.

  266. consorcio imobiliario banco santander

    consorcio imobiliario itau telefone consorcio imobiliario porto seguro login consorcio imobiliario contemplado consorcio imobiliario contemplado itau consorcio imobiliario contemplado londrina consorcio sicredi imoveis simulador consorcio imovel porto seguro tabela consorcio imobiliario magazine luiza reclame aqui consorcio imobiliario contemplado caixa consorcio imobiliario sicredi consorcio de imoveis porto seguro consorcio de imovel porto seguro e bom.

  269. consorcio carta de credito caminhao

    consorcio de onibus carta de credito de caminhao consorcio para maquinas pesadas consorcio para maquinas e equipamentos consorcio de caminhoes mercedes benz consorcio de caminhao rodobens consorcio maquinas case consorcio de automoveis pesados carta de credito caminhao consorcio de caminhao ja contemplado a venda consorcio maquinas de costura consorcio volvo caminhoes contemplados comprar carta de credito contemplada para caminhao consorcio de caminhao banco do brasil.

  277. cartas de credito de carro de luxo

    carta credito de automoveis de luxo consorcio de veiculos de luxo carta de credito de carro de luxo consorcios de carros de luxo carta de credito de veiculo de luxo consorcio de carro de luxo carta credito de veiculos de luxo cartas credito de carro de luxo carta de credito de veiculo de luxo carta de credito de carros de luxo cartas credito de carro de luxo cartas de credito de carros de luxo carta de credito de veiculo de luxo carta credito de carro de luxo carta credito de automovel de luxo consorcios de carro de luxo.

  297. Teri Munro

    I needed to thank you for this great read!!
    I absolutely enjoyed every bit of it. I have got you saved as a favorite to look at new things you

  299. navigate here

    Along with every little thing which seems to be developing inside this specific area, your points of view are generally very stimulating. Nonetheless, I appologize, but I can not give credence to your entire theory, all be it refreshing none the less. It appears to everybody that your commentary are not totally justified and in fact you are your self not completely confident of the argument. In any event I did take pleasure in reading through it.

  306. Nickjoips

    [url=https://cialis500.com/]cialis discount coupon[/url] [url=https://atenolol911.com/]atenolol brand name tablet[/url] [url=https://retina100.com/]retin a mexico online[/url] [url=https://motilium2019.com/]motilium online pharmacy[/url] [url=https://sildenafil10.com/]sildenafil otc[/url]

  325. Ashjoips

    [url=https://motilium2019.com/]motilium prescription[/url] [url=https://retina100.com/]retin-a[/url] [url=https://viagra250.com/]buy viagra online cheap[/url] [url=https://sildenafil10.com/]sildenafil 50 mg[/url] [url=https://buspar1.com/]buspar drug[/url]

  328. Best mattress

    Hi there! Would you mind if I share your blog with my zynga group?

    There’s a lot of people that I think would really enjoy your content.
    Please let me know. Cheers

  332. best adjustable beds

    What’s Happening i’m new to this, I stumbled upon this I
    have discovered It absolutely useful and it has aided me
    out loads. I am hoping to contribute & help different users like its helped me.
    Good job.

  344. coconut oil

    Hey would you mind sharing which blog platform you’re using?
    I’m planning to start my own blog in the near future but I’m having a tough time selecting
    between BlogEngine/Wordpress/B2evolution and Drupal. The reason I
    ask is because your layout seems different then most blogs and I’m looking for something completely unique.
    P.S Sorry for being off-topic but I had to ask!

  345. Finanzierung

    I would like to thank you for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming also. In fact your creative writing abilities has encouraged me to get my own site now. Actually the blogging is spreading its wings quickly. Your write up is a good example of it.

  351. tinyurl.com

    Excellent pieces. Keep writing such kind of info on your site.
    Im really impressed by your blog.
    Hi there, You have performed an excellent job.
    I’ll certainly digg it and personally recommend to my friends.
    I’m confident they’ll be benefited from this web site.

  354. Bonnie Duggins

    I have been browsing on-line greater than three hours as of late, but I by
    no means discovered any interesting article like yours.
    It’s beautiful price sufficient for me. Personally,
    if all website owners and bloggers made excellent content
    material as you did, the web will probably be a lot more useful than ever before.

  355. información médica

    Lo normal es que todo hombre sea capaz de obtener una erección después de un periodo de excitación adecuado durante la mayor parte de su vida. Adoro esta cancion, es muy buena, me da mucha risa la manera pervertida en la que hablan al comienzo.

  357. Tedjoips

    [url=http://sildalis365.us.com/]sildalis india[/url] [url=http://tadalafil247.us.org/]tadalafil 10[/url] [url=http://propranolol.us.com/]buy propranolol 40 mg[/url] [url=http://phenergan.us.com/]phenergan 5mg[/url] [url=http://buycelexa.us.com/]celexa buy online[/url]

  358. firtukloimutrzas

    You really make it seem so easy with your presentation however I in finding this topic to be actually something which I feel I’d never understand. It seems too complex and very extensive for me. I am having a look ahead in your subsequent put up, I will attempt to get the hold of it!

  361. Fidel Pelliccia

    F*ckin’ amazing things here. I am very glad to see your post. Thank you a lot and i am looking ahead to contact you. Will you please drop me a mail?

  362. freetextbookanswers.com

    Agen Judi Slot Online Terbaik Indonesia.
    Minimal Pembayaran 15ribu Rupiah dan dapatkan Promo member baru 100%.
    Komisi Mingguan Terbesar. Proses pembayaran dan withdraw cepat.

    Menerima deposit melalui 6 bank besar di indonesia yaitu Bca,Mandiri,Bri,Bni,Cimb dan Danamon.

  368. Annajoips

    [url=http://priligy365.com/]where to buy priligy[/url] [url=http://chydroxychloroquine.com/]hydroxychloroquine online[/url] [url=http://propeciagen.com/]cost of propecia generic[/url] [url=http://lxapro.com/]buy lexapro[/url] [url=http://cephalexin911.com/]cephalexin 750 mg tablets[/url]

  386. website host

    What’s up to all, how is the whole thing, I think every one is getting
    more from this web page, and your views are pleasant in support of new people.

  398. adreamoftrains web hosting providers

    Wow, superb blog format! How long have you been blogging for?
    you make running a blog look easy. The entire
    glance of your web site is wonderful, let alone the content material!

    adreamoftrains web hosting company

  400. how to manage sales

    Hi, I do think your blog might be having internet browser compatibility issues. When I take a look at your blog in Safari, it looks fine however when opening in IE, it’s got some overlapping issues. I just wanted to give you a quick heads up! Besides that, excellent blog!

  418. best web hosting 2020

    I’m not sure exactly why but this weblog is loading very
    slow for me. Is anyone else having this issue or is it
    a problem on my end? I’ll check back later on and see if the
    problem still exists.

  421. best web hosting sites

    Thank you for the good writeup. It actually was once a leisure account it.

    Glance complicated to more brought agreeable from you!
    However, how can we keep up a correspondence?

  428. Miajoips

    [url=https://accutanisotretinoin.com/]buy roaccutane[/url] [url=https://diflucanrx.com/]diflucan 400mg without prescription[/url] [url=https://anafranilmed.com/]online pharmacy anafranil[/url] [url=https://prednisonesr.com/]prednisone 0.5 mg[/url] [url=https://trazodone911.com/]how to get trazodone prescription[/url]

Leave a Comment