Wise Logo
Wise (formerly TransferWise) is a trusted money transfer service used by millions of digital nomads worldwide.

Save on international money transfers.

Affiliate disclosure
Nomad Score: 72%

Essentials

🏙️ City Prague, the capital city of the Czech Republic, is known for its rich history, stunning architecture, and vibrant culture.
👥 Population Approximately 1.3 million people.
💻 Internet Speed Average internet speed is around 55 Mbps.
💸 Currency & Banking Currency is the Czech Koruna (CZK). As of April 2025, 1 EUR is approximately 26 CZK.
🚰 Tap Water Tap water is drinkable and safe.
🔌 Power Electricity supply is 230V, 50Hz with Type E/F sockets.
📶 SIM Card Major providers include Vodafone, O2, and T-Mobile offering prepaid SIM cards.
💳 Banking for Expats Banks like Česká spořitelna and Moneta Money Bank are popular among expats.
🛌 Accommodation Options include Airbnb, local real estate agencies, and long-term rentals through websites like Sreality.cz.
💳 Cashless Friendly Yes, many establishments accept credit cards and mobile payments.
🏠 Short Term Rentals Available through Airbnb, Vrbo, and Booking.com.
🛏️ Budget Accommodation Hostels such as Hostel One and the Czech Inn offer affordable stays.
🏙️ Best Area to Stay for Tourists The Old Town (Staré Město) is the area with historic charm, shops, and restaurants.
🏙️ Best Area to Stay for Digital Nomads District Vinohrady is popular for its cafes, coworking spaces, and vibrant expat community.

Working and Networking

🏢 Best Coworking Space Café Sova and Impact Hub Prague are highlighted for their excellent facilities and community.
Best Cafe for Work Můj šálek kávy is well-known for its coffee and workspace atmosphere.
💼 Networking Events Meetups and networking events can be found on platforms like Meetup.com and Eventbrite.
🥂 Social Events for Expats Facebook groups such as Expats in Prague organize regular community gatherings.

Transportation

🚕 Best Taxi/Ride App Bolt and Uber are commonly used for rides around the city.
🚲 Bike/Scooter Rental Services like Rekola and Lime provide bike and scooter rentals across the city.
🏖️ Best Beach Nearby Prague does not have a beach but hosts river beaches along the Vltava River, like Žluté lázně.
✈️ Top Regional Airline Czech Airlines (ČSA) operates most domestic and regional flights.
✈️ Top International Airline Air France, British Airways, and Lufthansa have frequent international flights.
🛣️ Highway Access The D1 highway provides major access routes to Brno and further locales.
🚉 Main Train/Transit Hub Praha hlavní nádraží (Main Train Station) is the primary transit hub.
🚍 Public Transport Passes Public transport passes are available for 30 CZK per ride or monthly passes for 550 CZK.
✈️ Regional Travel Regional travel can be accomplished by train and bus services operated by ČD and RegioJet.

Health and Wellness

🏥 Best Hospital Všeobecná fakultní nemocnice is one of the top hospitals in Prague.
🧘 Yoga & Wellness Centers Yoga Movement and La Femme are popular yoga studios.
🏋️ Gyms & Fitness Centers Fitness center such as Holmes Place and Contours offer excellent facilities.
🧺 Laundry Services Laundromats like Wash&Go are available around the city for laundry needs.

Food and Drink

📱 Best Food Delivery App Uber Eats and Dáme jídlo are popular food delivery services.
🍽️ Best Local Dish to Try Try Svíčková, a traditional Czech beef dish with creamy sauce.
🍱 Vegan/Vegetarian Options Restaurants like Moments and Vegan's Prague serve great plant-based dishes.
🍫 Best Dessert Spots Crêperie and Good Food Coffee & Bakery are known for delightful desserts.
🛒 Affordable Shopping Spots Farmers' markets like Náplavka Market offer fresh local produce at reasonable prices.
🛒 E-commerce/Online Store Popular online marketplaces include Alza.cz and Heureka.cz.
🛒 Grocery Delivery Rohlik and Kosik offer grocery delivery services across Prague.
🍸 Bar/Nightlife Area The Vinohrady and Žižkov districts are known for vibrant nightlife.
🍻 Local Brewery Staropramen Brewery offers tours and tastings.
🍷 Wine Bars Kavárna Café Louvre and Vinograf are top-rated wine bars.
🍲 Street Food Stalls Trdelník stands and other street vendors at Old Town Square serve delicious treats.
🍕 Popular International Cuisine Dishes from cuisines such as Italian and Asian can be found at restaurants like Aromi and Daiton.

Culture and Attractions

🎟️ Must-See Landmarks Must-visit sights include Prague Castle, Charles Bridge, and the Astronomical Clock.
🏛️ Museums & Art Venues The National Gallery and DOX Centre for Contemporary Art are notable galleries.
🏰 Historical Sites Historical attractions like the Old Town Square and the Jewish Quarter are must-sees.
🕍 Religious Sites St. Vitus Cathedral and the Old New Synagogue are significant places of worship.
🎉 Annual Events Events like the Prague Spring International Music Festival occur each year in May.
🎨 Cultural Districts The New Town and Jewish Quarter are vibrant cultural areas.
🎭 Theater Venues The National Theatre and Estates Theatre host various performances.
🛍️ Local Markets Havelské tržiště is a well-known local market for souvenirs and local products.
🎼 Music Scene Live music is available in venues like Roxy and Lucerna Music Bar.
🎨 Street Art Explore the vibrant art scene in the Žižkov area with multiple murals.
🧑‍🍳 Cooking Classes Cooking classes are offered at instructional spaces like Chefparade.
👩‍🎨 Art Galleries Independent galleries such as MeetFactory showcase local artists.
🕰️ Historic Buildings Buildings like the Rudolfinum provide stunning architecture and history.
🏴 Local Heritage Czech heritage is celebrated through festivals and events throughout the year.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Prokopské Údolí and Divoká Šárka offer beautiful natural areas for hiking.
🏞️ National Parks Nearby Český ráj (Bohemian Paradise) is a stunning national park accessible by train.
🚲 Cycling/Walking Paths Parks like Stromovka and Petřín provide scenic paths for walking and cycling.
🌄 Scenic Viewpoints The Petřín Hill observation tower offers panoramic views of the city.
🦉 Birdwatching Locations Rhododendron Garden in Prague 6 is a serene spot for birdwatching.
🔥 Bonfire-Friendly Spots Locations like Ladronka Park allow for bonfires in designated areas.

Other Services and Amenities

📦 Parcel Delivery Service Czech Post and PPL provide reliable parcel delivery services.
🛠️ Tech Repair Services Services like iFix and FixServis cater to tech repairs.
🏓 Table Tennis Spots Local clubs and parks in Vltava offer table tennis facilities.
🧑‍🏫 Language Classes Language schools like Czech Language Training offer lessons for expats.
📚 Libraries & Study Spots The Municipal Library of Prague is a great place for reading and studying.
🏘️ Community Centers Café Neustadt and Story Café are excellent community spaces.
🕹️ Gaming Lounges Gaming zones like Game Fan offer a space for gamers.
🎰 Casino & Gaming Halls Casino Atrium offers gaming facilities in a welcoming environment.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,200 per m² (e.g., 40 m² = €128,000).
🏢 Studio Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 40 m² = €100,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,700 per m² (e.g., 60 m² = €222,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 60 m² = €168,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,500 per m² (e.g., 80 m² = €280,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,300 per m² (e.g., 80 m² = €184,000).
💼 Corporate Tax The corporate tax rate is 19%.
💵 Dividend Withholding Tax The dividend withholding tax rate is 15%.
🏦 Tax System Czech tax system is based on the worldwide income basis for residents.
📈 Highest Income Tax Bracket The maximum personal income tax rate is 23%.
🧾 VAT The standard VAT rate is 21%.
🌐 Controlled Foreign Company (CFC) Rules Yes, there are controlled foreign company rules in place.
🏠 Property Tax Property tax is assessed annually based on the property value.
🏠 Property Transaction Tax The property transaction tax is 4%.
💻 Attractive Tax System for Digital Nomads There are benefits available in the tax system for digital nomads under certain conditions.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.