Czech Republic: New Investment Visas In The Czech Republic

Last Updated: 13 February 2018
Article by Monika Rutland and Lenka Morávková

Rutland Je~ek, law firm based in the Czech Republic on a new important institute of the Czech Immigration law.

The President has recently signed a new amendment to the Czech Immigration law, which substantially changes the current legislation. This law shall become effective 15 days after it has been officially published, which shall occur in the following days.

Among many other changes the new immigration legislation introduces the possibility to obtain a long-term residence permit for investors (hereinafter the "Investment visa"); whereby the term investor (the "Investor") also includes shareholders or directors of a company which fulfills the criteria described below. Such instrument has been missing in the Czech immigration laws so far and it might be of interest to those who seek to obtain a visa within the Czech Republic via an investment.


There are several conditions, which need to be fulfilled for getting the Investment visa; the most important are the following:

  1. The Investor has to create at least 20 full-time jobs (for EU-citizens) and keep them operating at least for the duration of the Investment visa;
  2. The Investor has to make an investment in the amount of at least CZK 75.000.000 (approximately EUR 2.850.000 or USD 3.250.000), whereby the whole amount does not have to be invested in cash, up to 60 % of this amount can be provided through assets (tangible or intangible)– e.g. machinery, real property, know-how etc.
  3. The Investor has to propose a business plan regarding the investment.

There are some other basic conditions, which the Investor needs to fulfill such as proving indebtedness clearance; have a clean criminal record; provide its financial statements for the last 2 fiscal years and other requirements; mostly formal; in order for it to obtain Investment visa in the Czech Republic.

In case the Investor fulfills the criteria described above, then, regardless of its legal form, its executive directors and shareholders are entitled to receive the Investment visa. However, executive directors of a company which would have more than 5 executive directors; or shareholders of a company who would hold less than 30 % share on such company need to prove that their presence in the Czech Republic shall have a substantial impact on the business of the respective company. This is to prevent the misuse of the Investment visa.


Since the above-mentioned requirements are rather strict, one might ask if the Investment visa is "worth it". The investment visa indeed has many advantages over the usual long- term visa for purposes of business.

First of all, the process of applying for the Investment visa is at least twice shorter than if applying for long-term visa for the purpose of business. It shall take no longer than between 30 to 45 days to get an Investment visa (as opposed to 120 days when applying for a long- term visa for the purpose of business). It also applies to passive shareholders and its validity can last up to 2 years.

Additionally, unlike applicants for long-term residence permit for the purpose of business; the applicant for the Investment visa does not need to reside in the Czech Republic prior to the filing the application (e.g. based on long-term visa for the purpose of business).

Another important advantage is the fact that the family members of the applicant can immediately obtain the long-term residence visa as well (for family reunification purposes). Even though the family members of the holders of employee cards or long-term business visas can also obtain such reunification permits, they are not able to obtain them immediately and need to wait at least 6 or 15 months respectively, before being able to apply for long-term residence permit.

The applications for the long-term residence permits of the family members of the Investment visa holders shall be also issued faster compared to other types of family reunifications. The long-term residence permit for the purpose of family reunification is valid for up to 2 years and shall be issued within only 90 days as opposed to 270 days in cases of family members of holders of long-term residence permits for the purposes of employment or business.


Many other countries in the EU offer residence via investments, for example Hungary offers residence to those who buy at least EUR 300.000 worth of state-issued bonds. Greece offers residence for an investment in real property exceeding EUR 250,000.

Spain offers a residence called "golden visa" for those who invest over EUR 500,000 (via either state-issued bonds or a real property). Residency in Portugal may be obtained by real estate investment of EUR 500,000.

Unfortunately compared to those options Czech Republic conditions are rather strict and are suited mostly for big investors who have specific reasons to invest here (i.e. buying commercial real estate or industrial enterprise).

In case you do not fulfill the financial criteria to obtain the Investment residence permit, do not give up, you can still obtain business visa for mid-size and small-size entrepreneurs, although be advised that obtaining a business visa in the Czech Republic is not an easy task, but may work for example in case of buying an existing small business with Czech employees.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

Some comments from our readers…
“The articles are extremely timely and highly applicable”
“I often find critical information not available elsewhere”
“As in-house counsel, Mondaq’s service is of great value”

Practice Guides
by Mondaq Advice Centres
Relevancy Powered by MondaqAI
Related Topics
Related Articles
Up-coming Events Search
Font Size:
Mondaq on Twitter
Mondaq Free Registration
Gain access to Mondaq global archive of over 375,000 articles covering 200 countries with a personalised News Alert and automatic login on this device.
Mondaq News Alert (some suggested topics and region)
Select Topics
Registration (please scroll down to set your data preferences)

Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaq’s use of your personal data can be found in our Privacy and Cookies Notice):

  • To allow you to personalize the Mondaq websites you are visiting to show content ("Content") relevant to your interests.
  • To enable features such as password reminder, news alerts, email a colleague, and linking from Mondaq (and its affiliate sites) to your website.
  • To produce demographic feedback for our content providers ("Contributors") who contribute Content for free for your use.

Mondaq hopes that our registered users will support us in maintaining our free to view business model by consenting to our use of your personal data as described below.

Mondaq has a "free to view" business model. Our services are paid for by Contributors in exchange for Mondaq providing them with access to information about who accesses their content. Once personal data is transferred to our Contributors they become a data controller of this personal data. They use it to measure the response that their articles are receiving, as a form of market research. They may also use it to provide Mondaq users with information about their products and services.

Details of each Contributor to which your personal data will be transferred is clearly stated within the Content that you access. For full details of how this Contributor will use your personal data, you should review the Contributor’s own Privacy Notice.

Please indicate your preference below:

Yes, I am happy to support Mondaq in maintaining its free to view business model by agreeing to allow Mondaq to share my personal data with Contributors whose Content I access
No, I do not want Mondaq to share my personal data with Contributors

Also please let us know whether you are happy to receive communications promoting products and services offered by Mondaq:

Yes, I am happy to received promotional communications from Mondaq
No, please do not send me promotional communications from Mondaq
Terms & Conditions (the Website) is owned and managed by Mondaq Ltd (Mondaq). Mondaq grants you a non-exclusive, revocable licence to access the Website and associated services, such as the Mondaq News Alerts (Services), subject to and in consideration of your compliance with the following terms and conditions of use (Terms). Your use of the Website and/or Services constitutes your agreement to the Terms. Mondaq may terminate your use of the Website and Services if you are in breach of these Terms or if Mondaq decides to terminate the licence granted hereunder for any reason whatsoever.

Use of

To Use you must be: eighteen (18) years old or over; legally capable of entering into binding contracts; and not in any way prohibited by the applicable law to enter into these Terms in the jurisdiction which you are currently located.

You may use the Website as an unregistered user, however, you are required to register as a user if you wish to read the full text of the Content or to receive the Services.

You may not modify, publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, link, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in these Terms or with the prior written consent of Mondaq. You may not use electronic or other means to extract details or information from the Content. Nor shall you extract information about users or Contributors in order to offer them any services or products.

In your use of the Website and/or Services you shall: comply with all applicable laws, regulations, directives and legislations which apply to your Use of the Website and/or Services in whatever country you are physically located including without limitation any and all consumer law, export control laws and regulations; provide to us true, correct and accurate information and promptly inform us in the event that any information that you have provided to us changes or becomes inaccurate; notify Mondaq immediately of any circumstances where you have reason to believe that any Intellectual Property Rights or any other rights of any third party may have been infringed; co-operate with reasonable security or other checks or requests for information made by Mondaq from time to time; and at all times be fully liable for the breach of any of these Terms by a third party using your login details to access the Website and/or Services

however, you shall not: do anything likely to impair, interfere with or damage or cause harm or distress to any persons, or the network; do anything that will infringe any Intellectual Property Rights or other rights of Mondaq or any third party; or use the Website, Services and/or Content otherwise than in accordance with these Terms; use any trade marks or service marks of Mondaq or the Contributors, or do anything which may be seen to take unfair advantage of the reputation and goodwill of Mondaq or the Contributors, or the Website, Services and/or Content.

Mondaq reserves the right, in its sole discretion, to take any action that it deems necessary and appropriate in the event it considers that there is a breach or threatened breach of the Terms.

Mondaq’s Rights and Obligations

Unless otherwise expressly set out to the contrary, nothing in these Terms shall serve to transfer from Mondaq to you, any Intellectual Property Rights owned by and/or licensed to Mondaq and all rights, title and interest in and to such Intellectual Property Rights will remain exclusively with Mondaq and/or its licensors.

Mondaq shall use its reasonable endeavours to make the Website and Services available to you at all times, but we cannot guarantee an uninterrupted and fault free service.

Mondaq reserves the right to make changes to the services and/or the Website or part thereof, from time to time, and we may add, remove, modify and/or vary any elements of features and functionalities of the Website or the services.

Mondaq also reserves the right from time to time to monitor your Use of the Website and/or services.


The Content is general information only. It is not intended to constitute legal advice or seek to be the complete and comprehensive statement of the law, nor is it intended to address your specific requirements or provide advice on which reliance should be placed. Mondaq and/or its Contributors and other suppliers make no representations about the suitability of the information contained in the Content for any purpose. All Content provided "as is" without warranty of any kind. Mondaq and/or its Contributors and other suppliers hereby exclude and disclaim all representations, warranties or guarantees with regard to the Content, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement. To the maximum extent permitted by law, Mondaq expressly excludes all representations, warranties, obligations, and liabilities arising out of or in connection with all Content. In no event shall Mondaq and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use of the Content or performance of Mondaq’s Services.


Mondaq may alter or amend these Terms by amending them on the Website. By continuing to Use the Services and/or the Website after such amendment, you will be deemed to have accepted any amendment to these Terms.

These Terms shall be governed by and construed in accordance with the laws of England and Wales and you irrevocably submit to the exclusive jurisdiction of the courts of England and Wales to settle any dispute which may arise out of or in connection with these Terms. If you live outside the United Kingdom, English law shall apply only to the extent that English law shall not deprive you of any legal protection accorded in accordance with the law of the place where you are habitually resident ("Local Law"). In the event English law deprives you of any legal protection which is accorded to you under Local Law, then these terms shall be governed by Local Law and any dispute or claim arising out of or in connection with these Terms shall be subject to the non-exclusive jurisdiction of the courts where you are habitually resident.

You may print and keep a copy of these Terms, which form the entire agreement between you and Mondaq and supersede any other communications or advertising in respect of the Service and/or the Website.

No delay in exercising or non-exercise by you and/or Mondaq of any of its rights under or in connection with these Terms shall operate as a waiver or release of each of your or Mondaq’s right. Rather, any such waiver or release must be specifically granted in writing signed by the party granting it.

If any part of these Terms is held unenforceable, that part shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties, and the Terms shall continue in full force and effect.

Mondaq shall not incur any liability to you on account of any loss or damage resulting from any delay or failure to perform all or any part of these Terms if such delay or failure is caused, in whole or in part, by events, occurrences, or causes beyond the control of Mondaq. Such events, occurrences or causes will include, without limitation, acts of God, strikes, lockouts, server and network failure, riots, acts of war, earthquakes, fire and explosions.

By clicking Register you state you have read and agree to our Terms and Conditions