Business
- Property Transaction Tax
- 0% (Abolished in 2020)
- Studio Purchase Price (City Center)
- Approx. 180,000 CZK per m² (e.g., 30 m² = 5,400,000 CZK)
- Studio Purchase Price (Outside City)
- Approx. 130,000 CZK per m² (e.g., 30 m² = 3,900,000 CZK)
- 1-Bedroom Purchase Price (City Center)
- Approx. 170,000 CZK per m² (e.g., 50 m² = 8,500,000 CZK)
- 1-Bedroom Purchase Price (Outside City)
- Approx. 120,000 CZK per m² (e.g., 50 m² = 6,000,000 CZK)
- 2-Bedroom Purchase Price (City Center)
- Approx. 160,000 CZK per m² (e.g., 75 m² = 12,000,000 CZK)
- 2-Bedroom Purchase Price (Outside City)
- Approx. 115,000 CZK per m² (e.g., 75 m² = 8,625,000 CZK)
- Corporate Tax
- 21% (Effective 2024)
- Dividend Withholding Tax
- 15%
- Tax System
- Worldwide income for residents, 183-day rule
- Highest Income Tax Bracket
- 23% (on income exceeding 36x average wage)
- VAT
- 21% standard; 12% reduced rate
- Controlled Foreign Company (CFC) Rules
- Yes, EU-compliant rules in place
- Property Tax
- Yes, calculated based on area and location (generally low compared to WE)
- Attractive Tax System for Digital Nomads
- Trade License (Živnostenský list) with 'Flat Tax' (Paušální daň) starts at ~7,500 CZK/month covering tax, health, and social
Essentials
- City
- Prague, Hlavní město Praha, Czech Republic
- Population
- 1,350,000
- Internet Speed
- Average 100-250 Mbps (Fiber widely available)
- Currency & Banking
- Czech Koruna (CZK). 1 EUR ≈ 25.30 CZK, 1 USD ≈ 23.40 CZK
- Tap Water
- Safe and drinkable; high mineral quality
- Power
- 230V, 50Hz, 🔌 Type C/E sockets
- SIM Card
- O2, T-Mobile, Vodafone (500-800 CZK for 10-20GB)
- Banking for Expats
- Raiffeisenbank, Česká spořitelna, Revolut, Air Bank
- Accommodation
- Sreality.cz, Bezrealitky.cz, Flatio, Airbnb
- Cashless Friendly
- Yes, contactless payment is standard everywhere except small rural pubs
- Short Term Rentals
- Flatio (specialized for nomads), Airbnb, The Fizz
- Budget Accommodation
- Hostel One Prague, Sophie's Hostel (~500 CZK/night)
- Best Area to Stay for Tourists
- Staré Město (Old Town), Malá Strana
- Best Area to Stay for Digital Nomads
- Vinohrady (Prague 2) and Letná (Prague 7)
Working and Networking
- Best Coworking Space
- Impact Hub Prague (Drtinova 10), WeWork (Národní 135)
- Best Cafe for Work
- Café Du Monde (Vinohrady), EMA Espresso Bar (Florence), Kavárna co hledá jméno
- Networking Events
- StartupBeer Prague, Prague Entrepreneurs Meetup
- Social Events for Expats
- Expats.cz community events, Internations Prague Chapter
Transportation
- Best Taxi/Ride App
- Bolt, Uber, Liftago
- Bike/Scooter Rental
- Rekola (pink bikes), Nextbike, Lime
- Best Beach Nearby
- Žluté lázně (Riverside beach club), Lhota Lake (45 mins drive)
- Top Regional Airline
- Smartwings
- Top International Airline
- Czech Airlines (CSA), Ryanair, Lufthansa
- Highway Access
- D1 (Brno), D5 (Munich), D8 (Dresden)
- Main Train/Transit Hub
- Praha hlavní nádraží (Main Station)
- Public Transport Passes
- Lítačka card (550 CZK/month for unlimited Metro, Tram, Bus)
- Regional Travel
- RegioJet and Leo Express trains to Vienna, Berlin, Budapest
Health and Wellness
- Best Hospital
- Nemocnice na Homolce (Expats center), Motol University Hospital
- Yoga & Wellness Centers
- Yoga Movement (Smíchov), Prague Yoga Collective (Letná)
- Gyms & Fitness Centers
- Form Factory (multiple locations), John Reed Fitness
- Laundry Services
- Laundryland Prague, Andy's Laundromat (Korunní 14)
Food and Drink
- Best Food Delivery App
- Wolt, Foodora
- Best Local Dish to Try
- Svíčková na smetaně, Guláš with dumplings
- Vegan/Vegetarian Options
- Chutnej (Vinohrady), Palo Verde Bistro, Loving Hut
- Best Dessert Spots
- Cukrář Skála (V Celnici), Angelato (Ice cream)
- Affordable Shopping Spots
- Lidl, Penny Market, Albert
- E-commerce/Online Store
- Alza.cz, Mall.cz, Rohlik.cz
- Grocery Delivery
- Rohlik.cz, Košík.cz
- Bar/Nightlife Area
- Dlouhá Street (Nightlife), Vinohrady (Wine bars)
- Local Brewery
- Pivovar Národní, Vinohradský Pivovar
- Wine Bars
- Veltlin (Karlín), Vinotéka Noelka
- Street Food Stalls
- Manifesto Market (Anděl/Florence)
- Popular International Cuisine
- Sansho (Asian fusion), Las Adelitas (Mexican)
Culture and Attractions
- Must-See Landmarks
- Charles Bridge, Prague Castle, Old Town Square
- Museums & Art Venues
- National Museum, DOX Centre for Contemporary Art
- Historical Sites
- Vyšehrad Fortress, Jewish Quarter (Josefov)
- Religious Sites
- St. Vitus Cathedral, Loreto
- Annual Events
- Prague Spring International Music Festival, Signal Festival (Light art)
- Cultural Districts
- Karlín (Industrial cool), Letná (Artistic)
- Theater Venues
- National Theatre (Národní Divadlo), Estates Theatre
- Local Markets
- Náplavka Farmers Market (Saturdays), Jiřího z Poděbrad Market
- Music Scene
- Lucerna Music Bar, MeetFactory, Jazz Dock
- Street Art
- Lennon Wall (Malá Strana), Tesla Mural (Dejvice)
- Cooking Classes
- Ola Kala (Vinohrady), Chefparade
- Art Galleries
- Leila Antakly, Hunt Kastner
- Historic Buildings
- Municipal House (Obecní dům), Dancing House
- Local Heritage
- Bohemian glass blowing, Puppetry tradition
Nature and Outdoor Activities
- Nearby Nature Escapes
- Divoká Šárka, Průhonice Park
- National Parks Nearby
- Bohemian Switzerland (České Švýcarsko) - 1.5 hours
- Cycling/Walking Paths
- Vltava River path (A2 route), Stromovka Park
- Scenic Viewpoints
- Petřín Lookout Tower, Riegrovy Sady (Sunset spot)
- Birdwatching Locations
- Troja Basin Vltava islands
- Bonfire-Friendly Spots
- Stromovka (designated public BBQ/fire pits)
Other Services and Amenities
- Parcel Delivery Service
- Zásilkovna (Pickup points), PPL, Czech Post
- Tech Repair Services
- iOpravna (Apple certified), PC Express
- Table Tennis Spots
- Palác Akropolis, Various tables in Riegrovy Sady
- Language Classes
- Czech Courses (Vinohradská), CZLT
- Libraries & Study Spots
- National Library of Technology (NTK) in Dejvice
- Community Centers
- Skautský institut (Old Town Square)
- Gaming Lounges
- SkillZone (Letná)
- Casino & Gaming Halls
- Casino Ambassador, Rebuy Stars Savarin