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Move To The Czech Republic: Here’s What You Need To Know About The New Digital Nomad Visa
29.08.2023 - 16:33 / forbes.com / What You Need
Imagine waking up to the chime of a medieval clock, then settling down to work with a thousand-year-old castle as your backdrop.
Welcome to the Czech Republic—a popular place for expats where past and present harmoniously intertwine. Now, with the unveiling of its digital nomad visa, this enchanting country is inviting global adventurers to live there.
It’s an idea that’s been catching on globally. From Barbados to Estonia, countries across the globe have been recognizing the allure of skilled nomads and creating visas that attract these digitally savvy workers who can do their work from anywhere. Canada also developed a new digital nomad program that has created a lot of buzz among remote workers in the tech sector.
The Czech Republic has already been running various visa programs aimed at foreigners, but the new digital nomad visa makes it even easier for expats to live in this country that is often named one of the world’s top best places to live. Last year, Kayak named one of the top 10 places to live in its Work from Wherever Index, while InterNations ranked it number 21 on the Expat Insider 2023, a ranking of the best places to live.
Czech Republic created the new digital nomad visa in a bid to address the shortage of qualified IT professionals and bolster the economy. It’s designed for skilled professionals from eight countries: Australia, Canada, Japan, New Zealand, South Korea, Taiwan, the U.K. and the United States. “This new kind of residence opportunity promises to bring great benefits to the country,” Verona Grajcevci of VisaGuide.World told me in an interview. “Digital nomads, in simple terms, bring money without imposing any burden on local resources.”
To qualify for this visa, applicants need to hold a university degree or higher in science, technology, engineering or mathematics (STEM) or possess at least three years of work experience in the IT industry. Remote workers employed by foreign companies need to meet the minimum income requirement of CZK 60,530 per month (or approximately $2,710). Freelancers must apply for a Czech business license that permits them to provide services to Czech companies on a contract basis.
After the initial one-year period, visa holders must apply for a residence permit, which extends their stay in the Czech Republic for an additional two years. “With the digital nomad visa also being a pathway for permanent residency, it can be an opportunity to test a lifestyle many did not have the chance to try before,” Patricia Casaburi, CEO of Global Citizen Solutions, told me in an interview.
According to Murat Coskun, managing partner of Get Golden Visa, the company has been getting a significant number of inquiries for the Czech Republic digital nomad visa. “The
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