| ▲ | rafaelmn 3 days ago |
| As a Croatian citizen working remotely - this would have been a much better deal pre-covid. Ever since we entered the eurozone and the EU funds started pouring in the prices skyrocketed (even compared to the rest of Europe, not just global inflation). Still worth looking into, but not a nobrainer like it was. Quality of life you used to be able to get for the mentioned 3.5k eur/month income was hard to get elsewhere in EU, but nowadays prices rose faster then the rest of Europe and quality of life stayed the same, a lot of other places in EU are competitive. |
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| ▲ | johnny_reilly 3 days ago | parent | next [-] |
| I've just come back from my first trip to Croatia, and this rings true. It's a beautiful place but the prices are high! To quote one of the taxi drivers I chatted to "all the prices have gone up, but is okay; wages have stayed same" - deadpan |
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| ▲ | silisili 3 days ago | parent | next [-] | | In fairness, you could make the same glum joke in most if not all of the developed world over the last 5 years. | |
| ▲ | rafaelmn 3 days ago | parent | prev | next [-] | | Depends on what you are looking at - but yes. Wages also rose considerably, below inflation, but still I think thats the same story as everywhere else. I think the main difference is that (in my opinion) Croatia used to be unbeatable for the price/quality of life ratio, nowadays it's probably slightly overpriced, but depends on what you value. | | |
| ▲ | willvarfar 3 days ago | parent [-] | | Is the cost of living inflation relative to income fuelling the current shift to the right in Croatian politics? This was on the international news yesterday: https://www.bbc.com/news/articles/cz60nyp3714o | | |
| ▲ | Aeglaecia 3 days ago | parent | next [-] | | if you want to travel down this conversational path you should probably choose a better example than people going to a rock concert of the country's biggest rock star , regarding the given example there are a few cans of worms to unpack that would result in massive deviation from the question at hand | |
| ▲ | rafaelmn 3 days ago | parent | prev [-] | | Not really - there is no right shift, Croatia is very catholic and right leaning since the civil war. But at the same time the I would say it's mostly performative and not really that extreme as painted in the article. |
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| ▲ | hopelite 3 days ago | parent | prev [-] | | It is something that is not well understood about the Euro, it is a deal with the devil, with all the hallmarks of looking like a wonderful idea where wishes and imagination blind one to the details and the tricks one opens oneself up to. It immensely benefits the ruling class and the upper class, and even foreigners at the expense of the working and middle class and the indigenous. It was also that way for the Germans who are accused of having benefited at the expense of others, when that was really more an effect of national scale, not all Germans individually. The Euro has had an odd distorting and perverting effect all across Europe; but it has always generally been excellent for the ruling and upper class that have gained access to an overflowing trough of other people’s money at the EU. The Euro has been a kind of wealth transfer mechanism to the ruling, upper, and even foreign classes, just as it has been a tool to restore the aristocracy just as it had in the USA; the aristocracy gets the money, the people get the inflation and debt that fuels the fraud. We shall see if it all goes off the rails and the people establish legitimate democratic rule, or if the authoritarian aristocracy can fully entrench itself again. | | |
| ▲ | yread 3 days ago | parent [-] | | FWIW Warsaw or Prague also got ridiculously expensive (esp. housing) without a Euro | | |
| ▲ | FirmwareBurner 3 days ago | parent [-] | | You ain't seen nothing yet. Wait till they join the Euro. Housing is gonna get even more expensive. But hey at least imported knickknacks are gonna get cheaper. |
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| ▲ | brna-2 3 days ago | parent | prev | next [-] |
| Still not to bad, don't scare people off. Here are some comparisons of cost of living - to Vienna, but you can choose what to compare. For example living in Split is cca 26% cheaper than Vienna. https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou... https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou... https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou... |
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| ▲ | rafaelmn 3 days ago | parent | next [-] | | Yeah but you can't compare living in Vienna and Split - Vienna is a top tier city - huge regional capital with so many things going on and offerings. Split is a C tier city dead outside of tourist season, like the rest of the coast. 26% is kind of ridiculous when you compare the standard of living. Again depends on what you value, some might find it worth, just saying the equation was much more in Croatia favor 5 years ago. | | |
| ▲ | keiferski 3 days ago | parent [-] | | This is not a good comparison. Split has great weather for much longer than Vienna, and people are almost certainly spending time there to be next to the sea, islands, etc. – of which Vienna has none. | | |
| ▲ | rafaelmn 3 days ago | parent | next [-] | | I didn't pick Vienna as a comparison, I just said that cost of living and living standards between two are very much out of proportions. But you can compare to cities in Italy, Spain, Greece, etc. the choice is nuanced and based on what you value. It used to be a clear win for Croatia a while back. | | |
| ▲ | keiferski 3 days ago | parent [-] | | “Living standards” includes things like access to the sea and better weather. Not everyone cares about having access to the urban amenities that Vienna has. Split is also a pretty nice place, even off-season (I once lived there for 3 months February-April.) That is why the costs of living between the two are not as disparate as you might expect. | | |
| ▲ | rafaelmn 3 days ago | parent [-] | | Yes but you can also live in other cities in Europe on the coast with similar or lower prices and different tradeoffs. This is my entire point - this was not the case a few years ago - I would say all the comparable coastal regions in the EU were more expensive. |
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| ▲ | throwaway290 3 days ago | parent | prev [-] | | Some people care about sea and islands but others care about culture and arts and Vienna wins on that? If sea and islands is what you want, most of south Asia is loads cheaper than Croatia! |
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| ▲ | closewith 3 days ago | parent | prev [-] | | And much cheaper in real terms, as the Croatian digital nomad residence permit provides an exemption from income tax on earned income. | | |
| ▲ | techcode 2 days ago | parent [-] | | There are other tax exemptions in Croatia that might still make it worth it - especially in FIRE setting. While say The Netherlands taxes your investments such as Stocks/ETFs (not their earnings/capital-gain/etc but literally just owning stocks/ETFs/etc) - in Croatia those are not taxed after you've held them for 1 or 2 years (don't recall if 1 or 2). Similar (owning stocks/ETFs not taxed) in Serbia, Malta, Cyprus ...etc. |
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| ▲ | pjmlp 3 days ago | parent | prev | next [-] |
| As Portuguese, I can relate as I have seen what the euro has brought, positive and negatively as well. For example 1 euro = 200.482 escudos, and when euro came we had stuff happening like 50 cents escudos becoming 50 cents in euro, I bet something similar has happened in Croatia. Those 50 cents across coins are naturally not the same value, especially when the income wasn't suffered the same valuation across monetary systems. |
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| ▲ | rafaelmn 3 days ago | parent | next [-] | | Yes I believe Portugals and Croatias stories are very similar, your capital being a coastal city probably makes it even worse with regards to tourist inflation. | | |
| ▲ | pjmlp 3 days ago | parent | next [-] | | Unfortunally tourist inflation, digital nomads, and foreign pensionists have driven house prices sky high, prevented the usual system of house renting for university students and people unable to buy houses, with crazy rents, as landlords rather profit from foreigners, thus that is how we end with a mostly right goverment, the far right having a large majority, with my parents and many others having fought the dictatorship for nothing. | |
| ▲ | FirmwareBurner 3 days ago | parent | prev [-] | | Zagreb isn't a coastal city. | | |
| ▲ | rafaelmn 3 days ago | parent [-] | | But Lisbon is, which is why Portugal situation is likely even worse (that was what I was trying to say). I can only imagine Zagreb prices if it was on the coast. |
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| ▲ | raverbashing 3 days ago | parent | prev [-] | | This happened even in Germany though the DM/E rate was 2 Marks = 1 Euro but some things magically went from 2 DM to 2 Euro | | |
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| ▲ | techcode 2 days ago | parent | prev | next [-] |
| Not sure it's just those EU funds. As Serbian/Dutch with wife from Croatia - I can definitely say that prices didn't rise only in Croatia. Basically same % rise in (non-EU) Serbia, and The Netherlands. Possibly elsewhere too - but NL/CRO/SRB is where were have family and spend enough time to really know. |
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| ▲ | rafaelmn 2 days ago | parent [-] | | Croatian price increases are topping the EU stats for years now and it accumulates, especially in real-estate. There are some comparable situations in EU, but overall I would say comparable countries like Italy, Spain, Greece did not have nearly as much price growth in the same period. For example - personal opinion disclaimer - if Spain had better tax scheme for small business (not really sure on the nomad status there, but I am more interested in long term) I would probably move because the coastal cities in Spain are much better for similar prices, I would rather live in Valencia than Split/Rijeka/Zadar/Dubrovnik/Pula. | | |
| ▲ | techcode 2 days ago | parent [-] | | Our house in The Netherlands is now 3x more expensive than 13 years ago - from ~€200k to ~€600k. We got lucky to move to NL and then buy house just around the time when post 2008 crisis was at the lowest point. Some houses are only 2x more expensive than back then. Meanwhile apartments in Belgrade Serbia are now similar to price of apartments in Amsterdam/Amstelveen/etc from 10-15 years ago. From what I've heard from friends and family - more of the same across France, Germany ...etc. |
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| ▲ | cyrillite 3 days ago | parent | prev [-] |
| This appears to coincide with the rapid rise of my wealthier friends taking extended holidays in Croatia. It wasn’t the cool thing to do, now suddenly it’s a must-see place. I didn’t get the memo about that, apparently. I wonder if it’s having an impact or if it’s just a local phenomena that feels far larger to me |