THE CURRENT SITUATION OF THE RESIDENTIAL REAL ESTATE MARKET IN THE CZECH REPUBLIC AND SLOVAKIA – WHAT ARE THE RISKS? The excellent economic performance of the Czech economy has resulted in high demand for residential real estate assets and prices are accordingly on the rise. In contrast to Slovakia, where this trend is country wide, in the …
DOES THE CZECH REPUBLIC HAVE A REAL ESTATE BUBBLE? Read More…
THE PLZEŇ (PILSEN) PROVINCE IN THE CZECH REPUBLIC The Plzeň Province borders Germany to the west and is famous thanks to the Plzeň beer manufactured in it. The province includes 7 regions: Domažlice, Klatovy ,Plzeň-město Plzeň-jih, Plzeň-sever, Rokycany, and the Tachov region. The Plzeň province is renowned as the leading industrial zone in the Czech …
PLZEŇ – AN EXCELLENT SITE FOR INVESTMENT IN CZECH REAL ESTATE Read More…
Many Czechs spend their weekends and vacations in village cottages and in vacation homes, which are considered an inseparable part of life in the Czech Republic. Nonetheless, those who seek relaxation from the din of the great cities must now invest far more efforts than was previously the case. In fact, the rise in apartment …
PRIVATE HOME PRICES IN THE CZECH REPUBLIC ARE ON THE RISE Read More…
In early October 2018 new regulations will come into play in regard to mortgages in the Czech Republic. The Central Czech Bank published an official announcement that the purposes of these regulations is twofold: preventing the generation of a real estate bubble and preventing the development of future problems in the financial system that might …
While it is true that the unemployment rate in the Czech Republic has slightly risen in July due to seasonal fluctuations, the labor market is still thriving, and the number of available positions is at an historical all time high. This rise derives from various seasonal factors that recur every year, such as low recruitment during the …
The business friendly environment of the Czech Republic has led it to assume a position as one of the top 30 economies in the world. That is what the 4th annual edition of the Soft Power 30 Index, launched by Portland, a strategic media consultancy firm in collaboration with the Center for Public Diplomacy in the …
THE ECONOMY OF THE CZECH REPUBLIC IS AMONGST THE TOP 30 ECONOMIES IN THE WORLD! Read More…
Hotels in the Czech Republic and other hospitality locations have reported full occupancy in May 2018. The data published by the Central Bureau of Statistics in the Czech Republic reveal that tourist occupancy in this moth broke all previous records – over 1.365 tourists, most of whom (60%) are foreigners. This represents a rise of …
CZECH REPUBLIC HOTELS REPORT FULL OCCUPANCY IN MAY 2018 Read More…
According to the data of a survey performed by the Eurostat Company it turns out that the Czech Republic is a relatively affordable country to live in, at least in comparison to the European Union average. The data of the survey, which examined the prices of over 2400 consumption products and services concluded that prices in the …
Czechs who are foreign residents are liable for taxation only on their Czech derived income. Couples with at least one child may choose a common tax calculation subject to certain conditions. Czechs who are foreign residents may utilize tax deductions, provided that they derive 90% of their income from Czech sources. INCOME TAX IN THE …
The Central Czech Bank is about to tighten its regulatory policy in the field of mortgages. According to the Ihned.cz news site, a number of banks in the Czech Republic have confirmed that they are expecting new regulations from the Czech Central Bank. These regulations are about to be published in the middle of the Month of …
HURRY UP: CZECH MORTGAGES ARE ABOUT TO BECOME FAR LESS ACCESSIBLE… Read More…
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