Investment in the Czechia

Czech real estate has once again become a major focus for foreign investors. The relatively stable political circumstances, together with the artificially weakened currency and the rise in property prices, are only some of the reasons. Nonetheless, there are several mistakes made by foreign investors time and again, which significantly reduce their returns on investments …

THE FOUR MOST COSTLY MISTAKES BY FOREIGN INVESTORS IN THE CZECH REPUBLIC Read More…

Over our decade on the Czech Republic real estate market, we’ve employed a variety of investing strategies. Here, we list those we consider to be essential to our success on the extremely competitive Prague real estate market. Further we describe practices and software tools we use on daily basis to improve our sourcing and analysis of …

DISCOVER TOP 7 STRATEGIES WE USE DAILY TO FIND AND WIN BEST REAL ESTATE DEALS IN PRAGUE Read More…

In the Czech Republic, revenues from long-term rental of properties are taxable. Both foreign (non-Czech) property owners and Czech residents are subject to this tax under these two conditions: In this case, the tax charged will be 15% of the tax base, which includes all revenues (i.e., rental fees) less the expenditures (costs involved in …

CZECH TAXATION OF REVENUES FROM PROPERTY RENTAL Read More…

Education in the Czech Republic is considered to be extremely high quality in a number of aspects: First, the infrastructure in the state in the field of education is amongst the most modern in the world. Second, the Czech Republic educational institutes meet all European Union regulations, considered extremely stringent and rigorous. Finally, Prague, the …

ACADEMIC STUDIES IN THE CZECH REPUBLIC Read More…

As is well known external financing is often an attractive way of leveraging your capital and transforming a good investment into an excellent investment. Until a year ago international investors, including Israelis, enjoyed the possibility of securing extremely generous morgatges from Czech Republic banks. However, about a year ago the Czech banks completely cut off …

IN A NEW DEVELOPMENT, INTERNATIONAL INVESTORS CAN NOW RECEIVE UP TO 60% FINANCING FOR THE PURCHASE OF CZECH REAL ESTATE! Read More…

On January 2019 the minimum wage in the Czech Republic will rise by 1150 Korunas to 13,350 Korunas. This rise is projected to influence many financial obligations such as income tax deductions, the income tax rate and tax benefits for working parents. The rise in the minimum wage is expected to jeopardize the statues of …

MINIMUM WAGE IN THE CZECH REPUBLIC RISES AGAIN Read More…

Summer in the Czech Republic does not last long and heating systems in private and apartment buildings are a critically important element. The homes are heated from as early as September to May and even June. The heating systems in the Czech Republic are diverse and change in accordance to the history of the structure, …

COMPREHENSIVE REVIEW OF HEATING SYSTEMS FOR RESIDENTIAL HOMES IN THE CZECH REPUBLIC Read More…

I woke up, feeling wetness in my bed. Since I had celebrated my second birthday a long time ago, this seemed a bit odd to me… what the hell was going on here? I rose from my bed and turned on the light and was more than a little concerned by what I saw – …

HOME INSURANCE IN THE CZECH REPUBLIC Read More…

The city of Pilsen is divided into ten urban zones – 10 different quarters. Each of them has its own unique history, composition of residents and distinct characteristics unlike any you might find elsewhere in the Czech Republic. Pilzen is the fourth largest city in the Czech Republic and a little over 180,000 people reside …

THE DIFFERENT DISTRICTS OF PILSEN – CHARACTERISTICS AND ATMOSPHERE Read More…

The Czech Republic and Israel share nearly 30 years of Diplomatic Commercial and Tourism Relations. Furthermore, the State of Israel views the Czech Republic as one of its closest friends. Those were the words of the Israeli Ambassador in the Czech Republic, Daniel Meron, in an interview to the Czech Newspaper Prague Daily Monitor. The President …

ISRAEL’S AMBASSADOR IN THE CZECH REPUBLIC, DANIEL MERON, PRAISES THE FRIENDSHIP BETWEEN THE TWO COUNTRIES Read More…