Czech Republic
How Czech Republic performs
Tax
Average taxes. The Czech Republic sits mid-table on tax, 61st of 123. Expect a typical tax bill: neither a reason to move here nor a reason to stay away. Personal income tax 15% or 23%, corporate tax 21%, VAT 21%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Very safe. The Czech Republic is one of the most peaceful and stable countries in the index, 12th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Fairly expensive. Everyday life costs more here than in most countries we cover (87th of 118). Budget for it.
Source: Numbeo Cost of Living Index
Education
Excellent education. The Czech Republic has one of the strongest education and knowledge systems in the index, 21st of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 21% |
|---|---|
| Personal income tax | 15% or 23% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 21% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years3 years of EU national
- Language requirement
- YesProficiency in Czech language
- Investment Immigration Pathway
- Czech Republic Long-term Residence Permit
- Official language
- Czech
- Dual citizenship
- Allows dual citizenship
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina