Slovakia
How Slovakia performs
Tax
On the high side. Taxes here are heavier than in most countries we cover (78th of 123). Worth taking tax advice before you move. Personal income tax 19% - 25%, corporate tax 10% - 24%, VAT 23%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Slovakia is safer and more stable than most countries we cover (27th 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 (76th of 118). Budget for it.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Slovakia is 32nd of 120.
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 | 10% - 24% Applicable tax rate varies based on the amount of income earned |
|---|---|
| Personal income tax | 19% - 25% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 23% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 8 years
- Language requirement
- YesProficiency in Slovak language
- Investment Immigration Pathway
- Slovakia Temporary residence (business purpose)
- Official language
- Slovak
- Dual citizenship
- Allows dual citizenship
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina