Moving to Prague – International Relocation

Moving to Prague

Prague the capital of the Czech Republic, was once known as the Heart of Europe. It is a venerable city of golden domes, palaces, haunting castles, archaic bridges, churches, spires that seem to brush the heavens, and about 1.2 million people.

Today it is vibrant, changing with the times, and taking its place as one of Europe’s most beautiful and cultured cities.

Prague at Night

Much of the city’s architecture dates to the reign of Charles IV, who ruled the Holy Roman Empire during the mid-1300s. Charles doted on his Czech lands in the time known as the “golden age of Bohemia,” establishing Prague as his political capital and beautifying it to fit the role. Fittingly, Charles built the first university in Central Europe as part of a plan to make Prague the region’s cultural centre.

Spared destruction during World War II, Prague continues to preserve its rich heritage with periodic bursts of scaffolding and restoration. The Old Town section is especially well preserved, displaying examples of architecture from the Middle Ages to the early 20th century.

Of all the city’s medieval nooks and crannies, towering vistas and cathedral perches, perhaps the best place to absorb the ancient architecture is at night from the 14th-century Charles Bridge – a favourite nocturnal gathering place of folk musicians, artists, and lovers inspired by the moonlit glimmer of the Old Town.

The Czech Republic’s population traditionally has been somewhat homogeneous, but business opportunities have attracted expatriates from around the world to Prague, changing the face of the city. Please use our relocation visa and immigration services which you may find invaluable

Accommodation in Prague

Prague in particular has historically had the highest rental prices, mainly driven by expatriate demand. However, as the Czech economy has matured and the country shifted to a more western European standard, more and more local employees have become cost-effective alternatives to foreign management.

Typical Housing In Prague Czech Republic

As a result, there is an oversupply of luxury rental properties vacated by the expat managers, meaning that top-end apartments have dropped as much as 70 percent in value since 2000.Please take advantage our relocation home finder services.

Healthcare in Prague

The health care system in the Czech Republic is on par with the basic standards of western European care, with medical professionals being usually adequately equipped and well trained.

Primary health care is provided by the state, including general medical care, maternal and child health, dentistry, gynaecology, emergency medical services and preventive services such as immunization and screening. Secondary and tertiary care is also provided, including nearly all modern specializations.

Cost of living in Prague

The Czech Republic’s cost of living and taxation system is in line with western European norms, with a few indicators slightly cheaper than the average.

The income tax rate for individuals’ income is a flat rate of 15 percent, automatically deducted at source on a monthly basis. Self-employed individuals will have to prepay annual taxes, which will be offset upon making a tax return.

Tram In Praugue

A foreign resident who is employed in the Czech Republic pays tax only on income earned in the Republic.
The standard Value Added Tax (VAT) rate in the Czech Republic is 20 percent and in accordance with the European Union VAT regime. VAT is reduced to ten percent on selected item categories such as food, books and the supply of some services. Financial and postal services are also exempt from Czech VAT

Schooling in Prague

The Czech Republic, and particularly Prague, offers a wide range on international schooling options, with most major western curriculums available. British, French, American, German and Japanese international schools provide expat children with education contiguous with the school environment that they have come from or are going to return to.

Prague University

Prague also offers specialized schools, such as the International Montessori School, the International Christian School and the International Music School.

Please use our invaluable school search services.

Interdean Prague offices

We have our own offices in Prague making sure we are with you every step of the way.