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Investor Presentaiton

Government programs for economic migration As one of ways to support the development of international business, the Czech Ministry of Trade introduced three types of so-called government programs for economic migration. They are divided by the character of work performed by the employee, salary conditions and country of origin as follows: Qualified Worker, Highly Qualified Personnel and Key and Research Staff. Every company must comply with certain rules and conditions set forth by the Czech government to be successfully enrolled and benefit from it. Participation in any of the existing government programs significantly facilitates the overall process of relocation to the Czech Republic. Being enrolled into one of the government programs guarantees that the applicant is granted with the option of submitting the Visa/Residence Permit application at Czech consulates and in some cases can significantly shorten the approval period. Changes due to Brexit Since 1 January 2021, the rights and benefits conferred by European Union legislation, and guaranteed by the Withdrawal Agreement, no longer apply for U.K. nationals and their family members, unless their stay in the Czech Republic commenced before 2021. U.K. nationals and their family members entering the Czech Republic after the transition period with no history of previous stay in the country are treated as third country/territory nationals. U.K. nationals assigned to work in the Czech Republic even prior this date were also affected given that they were not covered by the Withdrawal Agreement. Newly, they are required to hold a valid Work Permit for the performance of working activities in the Czech Republic as of January 2021. 115
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