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Post by Madgolfer on Sept 19, 2012 21:36:34 GMT 1
MH the new tax is not designed for primary residences that people live in, its designed for empty, second or third properties or holiday homes.
Any land that you can prove you are using should be OK but unused farmland will be taxed.
I agree with you about the government, but removal or replacement is for Croatians to decide, us foreigners just have to accept and abide by whichever team gets picked. If Croats pick a bunch of complete naive, corrupt idiots that's their prerogative although we all suffer
Obviously being a real estate agent and property developer I completely disagree with your position on Croatians "selling off assets to foreigners".
If it wasn't for foreigners many Croatians would be stuck with property or land they cannot get rid of because other Croatians don't want to buy it.
I don't think Ive ever heard of a Croat complaining when the wicked capitalist foreign cash is in his pocket. (just kidding)
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Post by zagzag on Sept 20, 2012 7:07:04 GMT 1
Property prices continue to fall, honestly? I've recently phoned about a few properties advertised in Zagreb. The price per sq mtre was just the tip of the iceberg, then they say "plus parking space/garage, plus spremište, plus blah blah blah". The advertised price is rarely the full price IMO. Perhaps this is just Zagreb? The cheapest way seems to be to buy a new apartment off the plan i.e. before it's built, as once it's finished they then recalculate & adjust the price upwards to take into account additional expenses etc. In Zagreb anyhow, my experience is that 2000 euro per sq mtre seems to be the price of most decent apartments.
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Post by justapixel on Sept 20, 2012 8:27:48 GMT 1
A few months ago, my gf's parents bought a 68m2 apartment in Novi Zagreb for only 1000€/m2. Initial price was around 10% higher, but they managed to reduce it by offering cash and promising quick purchase. For their money, they had intended to buy a 40-50m2 apartment, and now they still can't believe how lucky they are.
The prices didn't fall as much everywhere in Zagreb, but obviously some less attractive locations are pretty cheap now.
Meantime, on the coast... I'm still trying to complete the sales of my house for 3000€/m2. ;D
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Post by mh on Sept 20, 2012 11:56:27 GMT 1
5. Good on you, JustPixel for targeting 3K€/m2! I wish there are more like you!! So, when you eventually sell, do you expect to pay any tax in form of the profit or income tax and do you think that hard working Croats (like the folks battling to buy small place to live at N Zagreb) deserve slice of your profit?
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Post by justapixel on Sept 20, 2012 12:19:27 GMT 1
3k€ is not my price, we had no intention of selling our house until a buyer appeared out of nowhere offering 3k€ - so we suddenly changed our mind. ;D Then again, it seems that in the meantime the buyer has also changed his mind or at least became very reluctant, so I'm not really sure now that the sale will go through. Never mind, if/when the house is sold, for 3k€ or less, we (or is it the buyer ) get to pay 5% sales tax. And I wouldn't call selling one's home profit(eer)ing, either, because that's not creating something from nothing, but selling his own property for what it's worth on the market. .
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Post by mh on Sept 20, 2012 13:47:18 GMT 1
Sorry, but you invested, you made a profit, so it is more then reasonable to pay a tax on profit you made. This is not 5%, it is difference between the purchase price and new price, minus expences.
I think that all Croats have equal right to share the wealth. They invested in roads, infrastructure, not to mention heroic and bloody fight against agression. So, part of the gain you made should be shared with the rest of community.
I am sure all foreign investors will share and support my view.
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Post by justapixel on Sept 20, 2012 14:32:30 GMT 1
Sorry, but you invested, you made a profit, so it is more then reasonable to pay a tax on profit you made. This is not 5%, it is difference between the purchase price and new price, minus expences. Sorry, I didn't invest anything, the property is inherited. In Croatia and majority of other countries, there's no tax paid on inherited property and there's no tax paid on selling own home. I think that all Croats have equal right to share the wealth. They invested in roads, infrastructure, not to mention heroic and bloody fight against agression. So, part of the gain you made should be shared with the rest of community. What gain? I didn't make any. As for the taxes, I already give almost 50% of the money I earned for income tax, while the rest is taxed 25% on everything I buy, plus a few other taxes (car tax, road tax, community tax...). All in all, I only get around 40% of what I earn, the rest is "shared with Croats". Giving how much of my money would make you happy, 70%, 90%, 100%? I am sure all foreign investors will share and support my view. I'll have some popcorn. ;D .
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Post by Karl on Sept 20, 2012 14:34:18 GMT 1
Experience tells me that the foreigners do not object to paying the relevant taxes when selling their properties, locals on the otherhand.................
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Post by mh on Sept 20, 2012 22:07:52 GMT 1
I disagree, justpixel - you made a profit and you invested - did it come from inheritance or not, it is irrelevant. (afterall, everything we have is inherited - the Earth, air and water included. You are outraged about the taxes you pay - and you are right. But all other Croats also pay taxes and the large majority is not lucky to sell anything for 3000€, not even a kidney.
And about you Karl - I agree - foreigners are happy to pay no taxes because they are given a free run in Croatia. Croatia is atax heaven for all foreigners. Just read the justpixel post. I think the government should tax foreigners more. Much, much more.
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Post by justapixel on Sept 21, 2012 0:07:16 GMT 1
I disagree, justpixel - you made a profit and you invested - did it come from inheritance or not, it is irrelevant. (afterall, everything we have is inherited - the Earth, air and water included. You can't disagree on a fact. Inheritance is simply not an investment, as is not winning lottery, getting salary or having some other kind of monetary gain. Of course, both lottery and salary are taxed, but their taxes clearly differ from investment taxes. You are outraged about the taxes you pay - and you are right. But all other Croats also pay taxes and the large majority is not lucky to sell anything for 3000€, not even a kidney. Actually, majority of Croats are property owners and they are free to sell their homes whenever they want. In most cases, they are exempt from tax and many homes are pretty valuable. In that case, would you tax them all? Do you think that current tax burden is not large enough? Personally, I'm not too concerned if such exemption didn't exist, or real estate sales tax rate rose to, for example, 10%, but as a principle, I'm deeply against adding more taxes to the already overburdened society without reducing other taxes by the same amount, primarily income tax. Besides, raising the tax or removing exemption would substantially slow down already sluggish housing market. And about you Karl - I agree - foreigners are happy to pay no taxes because they are given a free run in Croatia. Croatia is atax heaven for all foreigners. Just read the justpixel post. I think the government should tax foreigners more. Much, much more. I think I'll get more popcorn. And a coke, too. ;D .
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Post by Madgolfer on Sept 21, 2012 9:44:54 GMT 1
Croatia is atax heaven for all foreigners. Just read the justpixel post. I think the government should tax foreigners more. Much, much more. ;D ;D ;D ;D ;D ;D ;D ;D ;D You're just trying to wind me up MH aren't you? TAX HAVEN? TAX HAVEN? THAT'S A JOKE IF EVER I HEARD ONE. Well I shall rise above your comments as I sit in my diamond encrusted and gold plated luxury villa built on the sweat and labour of my down trodden Croatian workers I pay just a few lipa for a 23 hour day.
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Post by gobrea on Sept 21, 2012 12:11:31 GMT 1
I disagree, justpixel - you made a profit and you invested - did it come from inheritance or not, it is irrelevant. (afterall, everything we have is inherited - the Earth, air and water included. You are outraged about the taxes you pay - and you are right. But all other Croats also pay taxes and the large majority is not lucky to sell anything for 3000€, not even a kidney. And about you Karl - I agree - foreigners are happy to pay no taxes because they are given a free run in Croatia. Croatia is atax heaven for all foreigners. Just read the justpixel post. I think the government should tax foreigners more. Much, much more. If obvious troll is obvious, then, is obvious troll, obvious? I sincerely hope you are trolling cos the level of insight you bring here is....WOW I mean words cant describe just WOW.
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Post by gobrea on Sept 21, 2012 12:20:19 GMT 1
JP pass the popcorn and coke.... its too bad Mambo isnt here for this one!!
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Post by crojoe on Sept 21, 2012 16:03:34 GMT 1
Croatia is atax heaven for all foreigners. Just read the justpixel post. I think the government should tax foreigners more. Much, much more. ;D ;D ;D ;D ;D ;D ;D ;D ;D You're just trying to wind me up MH aren't you? TAX HAVEN? TAX HAVEN? THAT'S A JOKE IF EVER I HEARD ONE. Well I shall rise above your comments as I sit in my diamond encrusted and gold plated luxury villa built on the sweat and labour of my down trodden Croatian workers I pay just a few lipa for a 23 hour day. May I second that! Paid plenty of tax and even import duties which I am still waiting for a refund on. Talking about the tax system, seems to me that certain blessed Croats don't pay to much either and amassed great wealth in a very short period of time. I think this is media hype style news stuff about foreigners they rehash out once in a while to turn the peoples attention away from them being fleeced by their own people. I know I pay council tax, TV tax, water bills with 25% tax, yearly 550 Kuna for a visa, fuel tax and go shopping like any Croat which has 25% tax added on most items. I don't see how me being a foreigner is robbing Goran to pay pavel? In fact, we foreigners have to cross our T's and dot our i's more so then Croat citizens as we don't always fully understand the system and are easy targets. I'll go out on a limb here and say that I get asked a lot by Croats if I can pay them in cash, so who is really avoiding the tax? Lastly, Croatia is a not a tax haven, at least the one I live in.
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Post by Kaskader on Sept 21, 2012 17:14:31 GMT 1
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