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.
Investments or business activities conducted through a registered slovak company with creation of new jobs.
Business visa / long term residence permit
After 5 years of legal residence
After 8 years of living