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| RESIDENCE PERMIT OF THE CZECH REPUBLIC |
| ADVANTAGES OF ‘CZECH RESIDENCE PERMIT’
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Residence Permit of the Czech Republic will offer opportunities for a secure life to your family and prosperous future to your children in the Europe.
Czech Residence Permit holders are legally entitled to live, work full time or part time in any job sector, study, do business and even buy property in the Czech Republic.
Czech Residence Permit holders do not require visa to travel within the 25 Schengen zone countries and are entitled to stay upto 90 days in any Schengen zone country.
Czech Residence Permit holders can legally buy a residential or commercial property in their name without having to buy and own via the s.r.o type of company.
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| ADVANTAGES OF ‘CZECH PERMANENT RESIDENCE PERMIT’
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A Czech Residence Permit holder can obtain the Czech Permanent Residence Permit after five years of ‘continuous legal stay’ in the Czech Republic without violating the residence permit rules. Czech Permanent Residence Permit holders are entitled to the same legal rights as of Czech nationals with the ‘exception’
to vote in any election, to stand in any election and to join the Czech military or police. The Czech Permanent Residence Permit has following advantages:
Czech Permanent Residence Permit holders don’t require visa to travel within the EU and Schengen zone countries and are legally entitled to stay more than 90 days.
Czech Permanent Residence Permit holders are entitled to live, work full time or part time in any job sector, study, do business and buy property in any EU country.
Czech Permanent Residence Permit holders are entitled to get ‘social aid and support’ in the event of unemployment, disability, unable to work due to an accident, raising children, paying rent to a flat and tax relief.
Czech Permanent Residence Permit holders, who are retired, pregnant or with a child below 7 years of age or two children below 15 years of age are entitled to get free ‘Health Insurance’ to obtain free medical treatment and to buy prescription medicines.
Czech Permanent Residence Permit holders can get upto CZK18,000 as social aid for giving birth to a baby in the Czech Republic and Czech Permanent Residence Permit mother can get upto CZK8,000 per month as ‘social aid’ for not being able to work due to child birth,
child care and child welfare.
Czech Permanent Residence Permit holders and their children are entitled to get free education in schools, colleges and universities provided the study language is Czech.
Czech Permanent Residence Permit parents can get aid for textbooks when their child starts schooling.
Czech Permanent Residence Permit holders can legally buy residential or commercial property in their name without having to buy and own via the s.r.o type of company.
Czech Permanent Residence Permit holders are legally entitled to get ‘state pension’ after retiring. The pension amount is determined based on the salary earned and your contribution to the state pension system.
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| ADVANTAGES OF ‘CZECH CITIZENSHIP’
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Czech citizenship is the highest level of legal residence status that can be attained by a Non-EU national. Compared to Czech Permanent Residence Permit,
which entitles to majority of the legal rights as of a native born Czech national, the Czech citizenship offers much more significant advantages as below:
Czech citizenship entitles a Non-EU national to get passport of the Czech Republic.
Czech passport holders don’t require visa to travel within the EU and Schengen zone countries and are legally entitled to stay more than 90 days in any EU country.
Czech passport holders are legally entitled to live, work full time or part time in any job sector, study, do business and buy property in any EU or Schengen country.
Czech passport holders don’t require visit visa to travel to several Non-EU countries including the USA, Canada, Australia and New Zealand.
Czech passport holders are entitled to vote in any election, to stand in any election and eligible to join the Czech military or Czech police.
Czech passport holders are entitled to get the Czech identity card ("občanský průkaz")
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| BUSINESS IMMIGRATION
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Would you like to start your business in Europe?
Would you like to buy a business in Europe?
Would you like to invest in a business in Europe?
Would you like to access the European Business Market?
Would you like to do ‘Visa Free’ business travel in Europe?
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If you have answered YES to any of the above questions,
You can legally immigrate and start business in the Czech Republic
The Czech Republic is a EU member country
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If you wish to immigrate to the ‘Czech Republic’ to start your business, on behalf of you, we will register limited liability company, known as s.r.o (Společnosts Ručením Omezením) in the Czech Republic. We will prepare and provide necessary documents for you to apply for Residence Permit of the Czech Republic at the Czech Embassy in your home country on the basis that you hold a legally ‘registered s.r.o’ in the Czech Republic and would like to move to the ‘Czech Republic’ to live and start doing the business.
We will guide you through the immigration process with understanding and attention to details of your documents and individual circumstances.
To start your business in the Czech Republic, the company laws do not require you to have large sum of capital, business plan, business experience, minimum number of Czech citizens to be employed in the business and a Czech Citizen to be a ‘Sleeping Partner’ as required in the Middle East and some EU countries.
This legal freedom is very important in starting your business in the Europe. No other country in the Europe can provide this freedom other than the Czech Republic.
The Czech Republic offers tremendous business opportunities in Central Europe. The Czech Republic has a tradition of manufacturing industries, developed infrastructure, relatively low production costs and favourable geographic location in the EU for fast distribution of product and service. After the Czech Republic’s accession into the EU, many multinational and European companies are starting ‘business operations’ in the Czech Republic. Since 2004, there has been major influx of foreign direct investments into the Czech Republic as the investors appreciate the fall of Czech trade tariffs and quotas. This favourable business climate in the Czech Republic has led to
the sound growth of trade between the Czech Republic and the EU countries as well as many Non-EU countries such as China, India, Vietnam, Malaysia and Japan.
After obtaining the ‘Czech Residence Permit’, you are legally entitled to live and do business in the Czech Republic. With a registered Czech company,
you can sell goods or provide services to general public, businesses and companies.
You should be prepared to adapt and manage the demands of your new life in a new country. It will help you to enjoy the way of life in the Czech Republic.
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| BUSINESS OPPORTUNITIES IN THE CZECH REPUBLIC
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Large Scale: Electrical, Electronics, Automotive, Plastic, Chemicals, Pharmaceutical, Computer Hardware, BioTechnology,
Genetical Engineering, Software Development, Data Maintenance, BPO Call Centers, Mortgage and Financial Services.
Medium Scale: Hotels, Motels, Resorts, Apartments, Offices, Industrial Buildings, Conference Centers, Warehousing,
Logistics, Import and Export Services, Customs Clearance, Financial Planning and Accounting Services.
Small Scale: Restaurants, Cafes, Pubs, Takeaways, Pizza Parlours, Outdoor Catering, Apparel Shops, Jewelry Shops,
Convenience Stores, Newspaper Marts, Gas Stations, Auto Service, Ethnic Grocery Stores, Travel Agents and Organic Vegetable Shops.
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| COST ADVANTAGES OF DOING BUSINESS IN THE CZECH REPUBLIC
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Rental Cost: The cost of renting a commercial property or office space is ‘affordable’ when compared with other EU countries.
Also, due to the property development, you could expect state-of-the-art facilities and business services in the Czech Republic.
Employee Cost: When compared with other EU countries, employee wages are very much reasonable in the Czech Republic. There will be no problem in recruiting highly
skilled and skilled workers with required qualifications and experience. It does help you to provide better service at affordable price than your competitors.
Administrative Cost: It can be deducted before pre-tax profit. You can buy a car on behalf of your company and the costs such as petrol, insurance, road tax, service and even
parking fees will be considered as expenses of the company. It will help you to reduce the tax on profit to be paid to the government.
Travel Cost: The Czech Republic is conveniently located at the centre of Europe and you can easily reach other EU countries. Within 2-4 hours, you can reach Germany, Austria, Poland and Slovakia. Within 4-6 hours, you can reach Italy, Switzerland,
France, Spain, Belgium, the Netherlands, Hungary and Romania. Within 6 to 8 hours, you can reach Asia by air! It will be of help to market and develop your business.
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| TAX ADVANTAGES OF DOING BUSINESS IN THE CZECH REPUBLIC
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As per the laws, a registered company doing business in the Czech Republic should fulfill the following requirements every year:
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Record and maintain account books as required by the company laws.
Submit annual report and pay required tax on profit to the tax office.
Reply official letters and inquiries made by the government offices.
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If your company makes profit by doing business, your company must pay 20% tax on gross profit. However, there are legal ways of reducing tax and maximize your profit. For example,
you can include your house rent and expenses as benefits offered by the company in a contract and enable you to reduce the tax to be paid on gross profit.
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PROPERTY INVESTMENT
Would you like to buy an apartment in Europe?
Would you like to buy a holiday home in Europe?
Would you like to buy a retirement house in Europe?
Would you like to do property investment in Europe?
Would you like to do ‘Visa Free’ travel in Europe?
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If you have answered YES to any of the above questions,
You can legally immigrate and buy property in the Czech Republic
The Czech Republic is a EU member country
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With safe political system, promising economy, modest inflation and low interest rate, the Czech Republic offers fabulous ‘investment’ opportunities for
property investors, homebuyers and even those who like to buy holiday house or retirement house in the Europe. Surely, this fabulous investment opportunity
must not be missed.
If you wish to immigrate to the Czech Republic to invest or buy property, on behalf of you, we will register limited liability company, known as s.r.o
(Společnosts Ručením Omezením) in the Czech Republic. We will prepare and provide necessary documents for you to apply for Residence Permit of the Czech Republic
at the Czech Embassy in your home country on the basis that you hold a legally ‘registered s.r.o’ in the Czech Republic and would like to move to the Czech Republic
to live and buy property. We will guide you through the ‘immigration process’ with understanding and attention to details of your documents and individual circumstances.
PROPERTY INVESTMENT OPPORTUNITIES
Apartments, Houses, Bungalows, Villas, Studio, Country Houses, Retirement Houses, Offices, Shopping Malls, Hotels, Motels, Resorts, Agricultural Land and Industrial Plots.
Also, Property Development and Construction Projects can be performed.
STUDY IMMIGRATION
If you are thinking or even preparing to study abroad, you may be planning to study in the US, UK, Canada, Australia or New Zealand. Do you know that you can study the same course in the Czech Republic for half of the cost? After joining the European Union (EU), the Czech Republic offers world-class education and research facilities at affordable cost with rich cultural, social and historical heritage to create unforgettable studying experience. Besides, no Non-EU country can match the living experience of Europe that will enrich your life as a student.
If you don’t have outstanding academic background, big financial resources and high proficiency in English, you will stand no chance of securing admission in a college or university in the US, UK, Canada, Australia or New Zealand. Unlike mind-boggling admission procedures of universities and colleges in the US, UK, Canada, Australia or New Zealand, the universities and colleges in the Czech Republic offer uncomplicated admission criteria. Also, these days, getting a ‘student visa’ to the US, UK, Canada, Australia or New Zealand has become very cumbersome and quite similar to winning lottery. Your student visa application to the USA, UK, Canada, Australia or New Zealand can possibly be refused by the embassy for whatsoever reason without giving you any specific explanation in writing!
Majority of the aspiring students, who plan to study in the US, UK, Canada, Australia or New Zealand are hoping to get a job and work permit to legally live and work after completing their courses. In the process, they pay huge tuition fee and feel uncertainty about their future even before the course completion. The local ‘job experts’ predict a sluggish economic growth for next decade in the US, UK, Canada, Australia or New Zealand. It will make matters worst for the aspiring students as they may not get a job and work permit to live and work in the US, UK, Canada, Australia or New Zealand.
However, if you are eligible, you can apply and obtain the ‘Czech Residence Permit’, which will entitle you to legally live, work and study in the Czech Republic. You can pursue your higher education by paying a reasonable tuition fee, low cost of living and enjoy the freedom to work full time or part time. The Czech Republic is interested in attracting Non-EU students, who are eager to live and work after studying due to the booming economy, aging population and people retiring from the work force.
According to ‘Organisation for Economic Co-operation and Development (OECD)’, education in the Czech Republic rank 15th best in the world. The Czech Republic has one of the ‘developed education system’ in the Europe. Majority of the colleges and universities in the Czech Republic teach in the Czech and English. Charles University in Prague is one of the prestigious universities in Europe and recognized worldwide for its Medicine and Engineering courses. Graduating from a college or university in the Czech Republic will help you to get a ‘suitable job’ in the Czech Republic and in any EU country as the courses are well recognized in the Europe and worldwide.
If you wish to study abroad, it is better to immigrate and study in the Czech Republic. You are not required to learn Czech language to be able to enrol into the courses, but it still remains as an option, as studying in Czech language is free of all tuition fees. In the last few years, studying Medicine, Dentistry and Engineering courses in the Czech Republic is gaining popularity among the Non-EU students from South Asia and India after the Czech Republic has become a member country in the enlarged EU in 2004.
There are many universities and international colleges in the Czech Republic offer the higher education, which is grouped into Bachelors, Masters and PhD courses. Some colleges and universities in the Czech Republic may conduct an entrance exam to test the academic knowledge of prospective students prior to the admission. It is possible to prepare for such entrance exams well in advance.
STUDY OPPORTUNITIES IN THE CZECH REPUBLIC
Medicine: M.B.B.S, B.D.S, B.P.T, B.O.T, B.Pharm, B.Sc.-Nursing, M.D.S, M.P.T, M.O.T, M.Pharm, M.Sc.-Nursing and Post Graduation Courses.
Engineering: Aeronautical Engineering, Auto Engineering, Biomedical Engineering, Chemical Engineering, Communications Engineering, Civil Engineering, Electrical Engineering, Electronics Engineering, Genetic Engineering, Mechanical Engineering.
Bachelor’s, Master’s and PhD or Doctoral Programmes: Physics, Chemistry, Mathematics, Botany, Zoology, Microbiology, Bio-technology, Bio-informatics, Law, Information Technology, Visual Communication, Economics, Journalism, Hotel and Catering Management, Business Management, Fashion Designing and Sociology.
World Class Education at Affordable Cost: In the Czech Republic, the approximate course fee for studying ‘Medicine’ is €10,000 (Rs.7 Lakhs) per year, for studying ‘Engineering’ is €6,000 (Rs.4.2 Lakhs) per year and for doing ‘PhD’ is €3,000 (Rs.2.1 Lakhs) per year. Students from all over the world come to study various courses in the Czech Republic as the course fees are reasonable and courses are well recognised.
Once you are in the Czech Republic, you can go to university or college, study Czech language and do part time job or work full time during the weekends and holidays. It will help you to gain the work experience, learn Czech language, pay your course fees from the earnings and even save money. You must be prepared to adapt, work hard, learn, save as you can and cope with the demands of student life in a new country.
SECOND RESIDENCY
‘Residence Permit’ of the Czech Republic can be obtained and used as your ‘Second Residency’ Permit. ‘Second Residency’ means that you can acquire the legal right to visit and live in the Czech Republic without having to relocate to the Czech Republic from your home country.
It is possible for you and your family members to obtain the Czech Residence Permit and use it as a ‘Second Residency’ Permit under the following personal circumstances or business preference:
You want to obtain the ‘Czech Residence Permit’, and continue to live in your home country without entirely relocating to the Czech Republic to live and work.
You want to obtain the ‘Czech Residence Permit’, but don’t want to live in the Czech Republic for more than couple of weeks in a year.
You want to obtain the ‘Czech Residence Permit’ to visit the Czech Republic as and when you want without having to obtain the ‘Czech visa’ every time.
You want to obtain the ‘Czech Residence Permit’ to visit Schengen member countries as and when you want without having to obtain the ‘Schengen visa’ every time.
You want to obtain the ‘Czech Residence Permit’ for the purpose of ‘visa free’ leisure travel within the Schengen countries. (Currently, 25 countries including Switzerland)
You want to obtain the ‘Czech Residence Permit’ to visit Schengen member countries as and when you want for your business purpose without having to obtain a visa.
You want to obtain the ‘Czech Residence Permit’, and think that it is your advantage over others to get a suitable ‘job position’ and desired ‘salary’ in your home country.
You are working in the Information Technology (IT) industry and want to obtain the ‘Czech Residence Permit’, which will help you to travel to any Schengen member country as and when required for ‘On-Site Job’ without having to wait for a visa.
ADVANTAGES OF HOLDING ‘SECOND RESIDENCY’
The ‘Second Residency’ can give you and your family a complete peace of mind and sense of security if you are a citizen of a country, where the government is unstable and day-to-day life is lawless.
The ‘Second Residency’ can directly help you to reduce your tax and indirectly save you huge amount of money, if you are a citizen of a country, where ‘taxation’ is high.
Czech Residence Permit holders do not require visa to travel within the 25 Schengen zone countries and are entitled to stay upto 90 days in any Schengen zone country.
‘Czech Residence Permit’ holders can legally buy residential or commercial property in their name without having to buy and own via the s.r.o type of company.
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