Czech Immigration Law Amendment Explained

August 2017 brought changes for foreign nationals in the Czech Republic in terms of residency status and running a business. Employment and Business in the Czech Republic after the New Immigration Act Amendment – Kateřina Lenochová from the biggest Czech relocation agency Foreigners.cz explains (http://www.foreigners.cz/). An applicant for renewal of Employee Card has the opportunity

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Ageing Population and Its Impact on the Czech Economy

It is no secret that with better healthcare and living conditions the population in developed countries is growing older. The main problem of aging population is the unmet demand for qualified workforce, weakening of innovative industries, and loss of economic competitiveness. This eventually decreases the tax revenues and the general economic decline ensues. Despite the

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Czech Republic among First 35 Economically Most Competitive Countries

Although once a socialist country 28 years after the Velvet Revolution, the Czech Republic ranks a very admirable position among world’s economies. Among transition countries that had to walk a long way from centralized economy and government to fully developed liberal economy; the Czech Republic positions herself among the best ones. Only Estonia performs similarly as

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