An assessment of whether countries are considering the benefits of relocation to Croatia given the thriving currency within the European country.
The recently published version of the ‘Fastest Growing Currencies’ report, from Post Office Travel Money, shows that Croatia has trumped its European rivals for the third year running in the race to attract UK tourists.
The Croatian Kuna is the only currency to have featured in the annual Post Office ‘Fastest Growing Currencies’ table for the past three years - this year moving up to fourth place after a 15% sales increase for June-August 2011 compared with last summer.
As the report reveals, the Croatian Kuna sales for June-August 2011 were 54% higher than purchases of the Bulgarian Lev. As a result, Croatia (no.7) has moved well ahead of Bulgaria (no.9) in the main bestsellers list.
The news suggests that Brits are beginning to wake up to the benefits of holidaying in Croatia.
However, it may also indicate that UK tourists are becoming aware of other benefits such as the possibilities of investing in the country.
Considering the fragility of economies all over the world, there are not many currencies which can be described as ‘fast growing’.
Refreshingly, the Croatian Kuna appears to buck this trend.
With this in mind, businesses around the world may look to take advantage of the thriving currency by relocating staff to the area.
If you are a CEO who is considering sending a small (or large) group of staff to Croatia, have you considered the amount of work involved with a potential relocation.
Factors such as tax/immigration laws and property searches all come into play and it may be a good idea to enlist the services of an international relocation service to help with any outstanding issues.
This will allow your staff to concentrate on hitting the ground running in their new environment.

