Living in Czech Republic
After the fall of the Iron Curtain, more people come to stay and work in Czech Republic. A thriving economy and high living standards are to be expected in this country. It is not only popular as a tourist destination but also as a expat destination. Expatriates make up 6% of the country’s population. Visa is not required for citizens of the EU and from countries such as Australia, Canada, and the USA. There are two types of Visa, the short-term and the long-term.
Most expats live in Prague, the capital city of the Czech Republic. The city’s economic structure has changed from industrial to service-oriented, which attracts expats looking for employment. Fields in finance, IT, pharmaceuticals, printing, food manufacturing, and business development are the common work of the expats in Prague. Because it is a small city, it is considered as comfortable for the expatriates living there. The living standards are similar to the Western countries.
A foreigner may be able to work under two conditions. One is that the employer is allowed to employ foreigners. The permit is available from the Labor office. Second is that the employee has permission to work in the country. The work permit is valid to no longer than two years, but it is renewable.
To get a job in the Czech Republic, it is always an advantage to learn the Czech language. Expats are encouraged to know the language in order to converse with the locals. Native speakers of English and German are also in demand. Probation period must not exceed three months or six months for managerial employees. Working hours is up to 40 hours a week which means 8 hours daily. Every employee is entitled to four weeks of annual paid leave. The salary of the foreigner is similar to the citizen of the Czech Republic in similar positions.
Everybody who works in the country must pay taxes. The tax rate for nationals and non-nationals is at 15%. Foreigners are taxed on earnings. Health care is free to all citizens, and it is offered by compulsory contributions to insurance funds. The access to health care by the expats depends on the status of their residency. Additionally, Czech Republic has health agreements with other countries so expatriates should know their options. 45% of an employee’s salary goes to social and health insurance, 34% of which are payable by the employer. However when a foreigner is an EU citizen, there is an exemption from Czech social security contributions provided the person continues to pay in the normal country of residence.
Expat Finance Services in Czech Republic
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Education Services in Czech Republic
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