Slovakia is a high income economy in central europe. Slovakia joined the European Union in 2004 and the Eurozone on 1 January 2009 and also a schengen zone member. The country adopted the euro at the beginning of 2009 and the capital Bratislava is a major financial center. Cheap and skilled labor, a 19% flat tax rate for both businesses and individuals, no dividend taxes, a weak labor code, and a favorable geographical location are Slovakia’s main advantages for foreign investors. Slovakia is slowly becoming one of the world leaders in the automotive industry.

Investment name

Business investment

Minimum investment

no limits

Qualifying investments

Investments or business activities conducted through a registered slovak company with creation of new jobs.

Visa type

Business visa / long term residence permit

Permanent residence

After 5 years of legal residence

Slovak Citizenship

After 8 years of living

Dual nationality