Property Investment Croatia | Croatia opened for Russians and Ukrainians

Posted on July 29, 2012

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Croatia’s tourism is one of country’s top branches of economy and many politicians are concerned that the crisis will not have a good effect on the tourist income this season.

That is why officials have started discussing some measures that could boost the season and bring in new guests. These measures include scrapping some fees on hoteliers imposed by local communities, but they also include one interesting proposal which could make many Russian and Ukrainian tourists and other foreign investors very happy.

Tourist officials noticed the statistical data that showed an increasing number of travelers visiting Croatia from these two former Soviet countries during the past couple of years, despite the fact that the visa requirements were quite rigid. Everybody knows that guests from Russia and Ukraine are good spenders and that the price isn’t a real problem for them, even during the crisis. This of course does not yet mean the real estate market in Croatia is opened for buyers from the east as it is for European buyers, but the number of Russians dealing with property investment in Croatia has also been growing for the past couple of years, so this information about the new Croatian visa regime can only benefit future business for eastern real estate investors in Croatia, not to mention the benefits for Croatian tourism.

If we take into account that the current situation on the real estate market in Croatia is not so bright, it is not hard to realize that some fresh money could do wonders, especially when we are talking about rich eastern businessmen who mostly buy expensive villas and other exclusive properties in Croatia.

via Property Investment Croatia | TRASA Real Estate Croatia – Part 7.

Posted in: Croatia