Wish to transfer to Czech Republic_ A brand new digital nomad visa hopes to draw expert employees

Expert distant employees from eight international locations can apply for this new distant work visa in Europe.

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The Czech Republic has simply launched a digital nomad visa aimed toward extremely expert distant employees.

The brand new visa, which launched in July 2023, permits freelancers and distant workers to work from the nation for one 12 months.

It’s hoping to draw expert IT professionals and is offered to nationals of eight international locations: Australia, Canada, Japan, New Zealand, South Korea, Taiwan, the UK and the USA.

Right here’s the way it works and who can apply.

What’s the Czech Republic’s digital nomad visa?

The Czech Republic’s new digital nomad visa gives an accelerated path to a long-term keep.

It hopes to deal with the nation’s lack of extremely certified IT professionals and enhance the economic system.

Candidates can both be employed by a international firm that permits them to work remotely or they are often self-employed as a freelancer.

Freelancers should apply for a Czech enterprise licence that permits them to supply providers to corporations within the Czech Republic on a contract foundation.

The visa prices CZK 2,500 (€104) and initially lasts for one 12 months. After this it’s essential to apply for a residence allow granting an additional two years and full an adaptation-integration course. Visa purposes are processed inside 45 days.

When you keep within the nation for greater than 183 days in a one-year interval, you’ll be thought of a Czech tax resident. If you’re additionally a tax resident in your house nation, the quantity you pay will rely in your nation’s double taxation guidelines.

Earlier than the digital nomad visa launched, the one-year ‘zivno’ enterprise visa was the perfect route for self-employed foreigners within the Czech Republic. Nevertheless, it requires candidates to acquire a commerce licence and have 124,500 CZK (€5,160) of their checking account.

Who can apply for the Czech Republic’s digital nomad visa?

The Czech Republic’s new digital nomad visa is offered to eight nationalities: Australian, Canadian, Japanese, New Zealander, South Korean, Taiwanese, British and American.

Candidates will need to have a college diploma or greater in science, know-how, engineering or maths or three years of labor expertise within the IT trade.

Distant employees employed by a international firm should meet the minimal earnings requirement of CZK 60,530 (€2,507) monthly. That is 1.5 occasions the gross common wage within the Czech Republic. Their firm should even have no less than 50 workers.

Spouses, registered companions, and minor and dependent kids of any nationality can get a residence allow too when making use of with a qualifying digital nomad visa applicant.

Is the Czech Republic a very good place to be a digital nomad?

The Czech Republic regularly makes high 10 lists of the perfect locations to be a digital nomad. Final 12 months, it got here ninth on journey search engine KAYAK’s Work from Wherever Index.

This was primarily due to its reasonably priced residing prices, with long-term condo rental simply €389 monthly on common and the price of a one-way prepare ticket beneath €1.

Though the capital, Prague is costlier, it nonetheless gives a excessive lifestyle at an reasonably priced price. Low cost beer, nice nightlife and an abundance of museums, galleries and parks are different perks of residing within the metropolis.

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Whenever you need to escape into nature, the placing rock formations of The Bohemian Switzerland Nationwide Park are lower than a two-hour drive away.

Prague can be properly related with the remainder of the nation and Europe by prepare – together with an evening prepare to Zurich by way of Frankfurt and Basel.