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
Allowed