Who is your Landlord? The official definition of the word Landlord states, that a landlord is the owner of the house, apartment or other real estate, which is rented or leased to another individual (tenant). In case you’re renting out the apartment or a house directly from the owner, you’ll probably meet him/her at least […]
Month: March 2016
Czech Republic vs. Europe
Czech Republic has joined the EU more than 10 years ago, in 2004. Back then, Czech population seemed to be happy with this political step, celebrations taking place all around the country. Nowadays, Czechs aren’t so impressed by EU membership, by all means trying to protect their sovereignty. What advantages the Czech Republic has, that […]
Easter in the Czech Republic
Women rewarding men for being whipped and doused with cold water – no it’s not a Fifty Shades of Gray sequel, it’s Easter in the Czech Republic!
Know What You’re Paying For
Rent in Prague Average monthly rent in Prague is between 15’000 – 20’000 CZK (40-60 m2 apartment). The price depends on the location, condition of the apartment (furnished or not, renovated or not). The most expensive districts are Prague 1 – Old Town, Mala Strana and Prague 2 – Vinohrady. Some luxury apartments can cost […]
Benefits of Buying Property in Prague
In a fast-changing world, it’s significant to create a secure and stable environment. Making money is important, however, making the money work for you is even more crucial. And what’s the optimal way to increase your wealth is to make a smart investment. While there are different options for your future invesment – such as investing […]
Czech Tax Declaration
If you have owned Czech trade license in 2015 (e.g. you were self-employed), you are obliged to file a tax declaration for 2015. Deadline for filling in your tax report is the end of March 2016. By the 31st of March 2016, you need to give the report to your local tax office (district of […]
Czech Employment Laws
Employment in brief Working hours: 40 working hours maximum / per week Days off: minimum 4 weeks per year vacation Salary: minimum wage 50.60 czk / per hour if paid hourly. Or 8500 czk per month. Maternity leave: a female employee is entitled to 28 weeks’ maternity leave. – In order to test you as […]