Why Slovakia?
Slovakia is the best choice to get a residence permit in Europe. First, this is advantageous irrespective of your plans. You can move to the country temporarily or constantly, solely or together with your family, or you can use your residence permit in Slovakia to run a business or travel across Europe. For each of these options, legislation, location, and many other features of this state create comfortable conditions for achieving your goals.
Second, this is easy. Slovakia is friendlier towards the newcomers than any other state of the European Union. Most of these states, already overcrowded with immigrants, tightened their laws on issuing visas and documents legalizing the foreigners’ stay on their territory. On the contrary, in Slovakia, it is still possible to get a residence permit and then a permanent residence permit. If you plan to move to a European state, we advise you to make use of this opportunity while it exists. Moreover, Slovakia has not one but four options to get a residence permit. For each of them, we provide well-qualified support.
Opening a business in the Slovak Republic is one of the grounds for obtaining a residence permit
The Slovak Republic issues residence permits to those who run a business in the country, and opening a business here is quite easy. The forms of participation vary: individual entrepreneurship or SRO (Slovak version of a limited liability company), establishing a new business, or buying an existing one.
Our experts will assist you with any option you choose and at every organizational stage:
- Initial registration of your company or private entity in the Chamber of Commerce.
- Support of the opening and getting necessary licenses and permits to run your business.
- Submitting documents to the police to get a residence permit.
- Obtaining a plastic card – the residence permit – in 3 months.
- The final registration of you and your business in the Chamber of Commerce and in the Commercial register.
- Getting medical insurance.
It is also possible to purchase an already existing Slovak entity. In this case, you shall be registered not as a labor contract party or as a founder, but as a director of your own company. There may be several directors, but based on our experience, we advise you to have no more than two co-directors.
There are many reasons to invest in a business in Slovakia
The top 10:
- The advantageous location in the middle of Europe and comfortable traveling and business trips across the whole EU.
- Political and economic stability, the government protects business.
- Affordable credit terms.
- Loyal authorities and public servants.
- The highest GDP growth within Middle Europe in recent years.
- Low tax rates compared to Western Europe.
- Well-qualified and efficient staff on the labor market.
- Slovakia was one of the first countries to adopt the euro instead of the local currency in 2009.
- The well-developed infrastructure of industrial parks, building sites, office premises for sale and rent.
- Possibility to get investment subsidies from the state.