- April 27, 2017
- Posted by: CIP Journal
- Category: Golden visa
Czech republic may soon offer a golden visa to very wealthy foreign investors who invest CZK 75,000,000 (€ 2.75 million euro) and create 20 local jobs. The investment can be one single investor or group of five investors.
Investors and immediate family members qualify for two year residence permit in the country which then later extended. It is possible to naturalize for czech citizenship after 10 years of living and speaking czech language.
Czech republic joined the European union in 2004 and has schengen membership. The capital Prague is a beautiful city visited by over a million tourists every year attracting big investment projects.