| Conditions
and criteria needed to buy Czech Real estate
For EU member state individual citizens and companies:
As a private individual all you need is proof of being an EU citizen such as an EU passport.
Once you have this - you can buy Czech real estate.
As a company,
you either have to open a branch of your existing company (existing
in your EU country) in the Czech Republic - or register a new
company in the Czech Republic.
With either of these implemented - you can buy Czech real estate.
For NON EU member state individual citizens
and companies:
For NON EU members - citizens or companies
from most other countries that are not part of the European Union,
the standard procedure is to open a company in the Czech Republic,
usually an s.r.o company.
If both an individual person or business
entity from outside the EU (with a few exceptions) want to buy
Czech property - then a company inside the Czech Republic must
be formed. Having done this, property on Czech soil can be bought.
That's it.
On the following link is perhaps one of
the most concise explanations, written in english and in non-legalese
language that we have been able to find and serves to offer a
yet more indepth view on the legal aspect of buying Czech real
estate.
The article also deals with non EU citizens and the few exceptions.
Czech
Ministry of Finance on Real Estate Legislature
But do read the next section:
Companies buying real estate
in the Czech Republic
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