Czech Republic approved conditions to obtain residence permit for investors-foreigners.

On the 10th of July Czech government approved conditions to obtain residence permit for investors-foreigners not from the countries of the European Union.
Now businessmen and head of companies can get residence permit for 2 years without processing of business visa (vízum za účelem podnikání). Processing period for applications is from 30 to 60 days. Now this period is up to 90 days.
New residence permit will be granted for those businessmen who can provide business plan of the capital standing project.

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