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Czech Republic

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The Czech Republic is located at the very heart of Central Europe. This small nation boasts a host of spectacular cultural treasures and a varied, rich tapestry of natural wonders. Thanks to increased exports, the interest of foreign investors and the drive of domestic businesspeople, the economy continues to experience growth.

Capital city: Prague

Language: Czech

Religion: pretty generally lack lustre Christian

Currency: Koruna

Climate temperate: hot summers with rain and very cold winters

Time zone: CET (UTC+1) - Summer (DST) CEST (UTC+2)

Getting there: Ruzyne Airport - located about 10km west from the centre of Prague is a hub of Czech national carrier - CSA Czech Airlines. Other international airports are in Brno- with flights to London, Munich and Prague. There are dozens of low cost airlines going to/from Prague. Ryanair is flying to Brno. Trains and buses an option.

BUYER’S GUIDE

Since the Czech Republic joined the European Union in 2004 the property buying process and related rules and regulations for foreign freehold ownership of real estate in the Czech Republic have been streamlined and simplified. Having said that, the property buying process in the Czech Republic remains complicated and the ongoing property ownership rules can also be rather trying. DO consult a qualified solicitor.

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