Nomad Score: 75%

Essentials

🏙️ City Prague is the capital and largest city of the Czech Republic, known for its picturesque old town and vibrant culture.
👥 Population Approximately 1.3 million.
💻 Internet Speed Average download speed is around 59 Mbps.
💸 Currency & Banking Currency is the Czech Koruna (CZK), with an exchange rate of approximately 1 EUR ≈ 25.5 CZK.
🚰 Tap Water Drinkable and safe to consume.
🔌 Power 230V, 50Hz, with Type C/E sockets.
📶 SIM Card Local providers include O2, T-Mobile, and Vodafone.
💳 Banking for Expats Banks like Česká spořitelna and UniCredit are commonly accepted, and online services like Revolut are widely used.
🛌 Accommodation Options include Airbnb, local rentals, and serviced apartments in areas like Vinohrady and Žižkov.
💳 Cashless Friendly Yes, cards are accepted widely in shops and restaurants.
🏠 Short Term Rentals Platforms like Airbnb and Booking.com offer various options across the city.
🛏️ Budget Accommodation Hostels such as the Czech Inn and Mosaic House are popular for budget travelers.

Working and Networking

🏢 Best Coworking Space Cocoon is a popular coworking space with great community events.
Best Cafe for Work Café Louvre is known for its work-friendly atmosphere and fast Wi-Fi.
💼 Networking Events Prague Coffee Festival hosts various networking opportunities for remote workers and entrepreneurs.
🥂 Social Events for Expats Meetup.com offers various groups like 'Czech Expats' where locals and expats connect.

Transportation

🚕 Best Taxi/Ride App Bolt and Uber operate effectively in Prague.
🚲 Bike/Scooter Rental Services like Rekola and Lime provide bike and scooter rentals around the city.
🏖️ Best Beach Nearby Prague is landlocked, but the closest artificial beach is Žluté Lázně, a 15-minute metro ride.
✈️ Top Regional Airline Czech Airlines is the main domestic carrier.
✈️ Top International Airline Air France and Lufthansa operate frequent flights from Václav Havel Airport.
🛣️ Highway Access Major access via D1 motorway connecting to Brno and beyond.
🚉 Main Train/Transit Hub Praha Hlavní Nádraží (Main Train Station) is the primary transport hub.
🚍 Public Transport Passes Monthly pass for public transport is around CZK 550.
✈️ Regional Travel Trains and buses provide connections to nearby cities like Český Krumlov and Karlovy Vary.

Health and Wellness

🏥 Best Hospital Motol University Hospital is the largest and most renowned in the city.
🧘 Yoga & Wellness Centers Yoga movement offers a variety of classes for all levels.
🏋️ Gyms & Fitness Centers Fitness Oasis and World Class gyms are popular options.
🧺 Laundry Services Coin-operated laundries like Pralinky are available throughout the city.

Food and Drink

📱 Best Food Delivery App Dáme jídlo is a popular food delivery service in Prague.
🍽️ Best Local Dish to Try Svíčková (marinated beef in creamy sauce) is a must-try.
🍱 Vegan/Vegetarian Options Lehka Hlava and Moment are popular vegan restaurants.
🍫 Best Dessert Spots Cukrárna Myšák offers delicious traditional Czech pastries.
🛒 Affordable Shopping Spots Havelske Trziste market is a great place for local and affordable products.
🛒 E-commerce/Online Store Alza is the leading online store for electronics and more.
🛒 Grocery Delivery Supermarket delivery via Rohlik.cz offers quick options for groceries.
🍸 Bar/Nightlife Area The neighborhoods of Vinohrady and Žižkov are known for their vibrant nightlife.
🍻 Local Brewery Staropramen Brewery offers tours and tastings of their famous beer.
🍷 Wine Bars Vinograf is a popular spot for wine lovers.
🍲 Street Food Stalls Lokál serves traditional Czech street food.
🍕 Popular International Cuisine Restaurants like Pasta Fresca offer a great range of Italian cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Prague Castle and Charles Bridge are iconic must-visit attractions.
🏛️ Museums & Art Venues The National Gallery and DOX Centre for Contemporary Art are well-known.
🏰 Historical Sites Old Town Square, featuring the Astronomical Clock, is a major historical site.
🕍 Religious Sites St. Vitus Cathedral is a stunning example of Gothic architecture.
🎉 Annual Events The Prague Christmas Markets draw visitors from around the world every winter.
🎨 Cultural Districts The art district of Vršovice is home to many galleries and studios.
🎭 Theater Venues National Theatre hosts opera, dance, and drama performances.
🛍️ Local Markets Farmers' markets like Jiřího z Poděbrad offer fresh local produce.
🎼 Music Scene Prague hosts numerous music festivals, including Prague Spring International Music Festival.
🎨 Street Art The John Lennon Wall showcases colorful graffiti and messages of peace.
🧑‍🍳 Cooking Classes Chefparade offers interactive cooking classes focusing on Czech cuisine.
👩‍🎨 Art Galleries Francis Gallery presents contemporary art exhibitions.
🕰️ Historic Buildings The Municipal House is a stunning example of Art Nouveau architecture.
🏴 Local Heritage The Czech flag symbolizes the country's rich history and independence.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Divoká Šárka is a nature reserve offering hiking trails and scenic views.
🏞️ National Parks Nearby Bohemian Switzerland National Park is approximately 2 hours away by train.
🚲 Cycling/Walking Paths The Vltava River path provides picturesque routes for walking and cycling.
🌄 Scenic Viewpoints Petrin Hill offers panoramic views of the city.
🦉 Birdwatching Locations Prokopské údolí Nature Reserve is ideal for birdwatching.
🔥 Bonfire-Friendly Spots Cyclists’ Camp in Troja allows for bonfires and outdoor gatherings.

Other Services and Amenities

📦 Parcel Delivery Service DHL and PPL provide reliable parcel delivery services.
🛠️ Tech Repair Services Techrepair offers high-quality gadget repairs.
🏓 Table Tennis Spots Several community centers offer table tennis facilities across the city.
🧑‍🏫 Language Classes Czech language courses are available at Charles University and local language schools.
📚 Libraries & Study Spots The National Library of the Czech Republic is a great place for studying.
🏘️ Community Centers Café non-stop hosts various community events and workshops.
🕹️ Gaming Lounges Gaming Lounge offers PCs, console games, and a social atmosphere.
🎰 Casino & Gaming Halls Casino Prague is a popular venue for gambling and entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,700 per m² (e.g., 40 m² = €148,000).
🏢 Studio Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 40 m² = €100,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €4,000 per m² (e.g., 60 m² = €240,000).
🏠 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. €2,200 per m² (e.g., 80 m² = €176,000).
💼 Corporate Tax 19%.
💵 Dividend Withholding Tax 15%.
🏦 Tax System Czech tax residents are liable for worldwide income tax.
📈 Highest Income Tax Bracket 15%.
🧾 VAT 21% standard rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, there are strict regulations.
🏠 Property Tax Annual property tax based on area and value.
🏠 Property Transaction Tax 4% standard rate.