The Czechs rank second to last across Europe in the availability of their own housing. After Slovakia, housing is the most expensive in relation to wages. For a 70 m2 flat, Czechs need the equivalent of 13.3 average gross annual salaries. The Czech Republic has long been one of the European countries with the least affordable housing.
The Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors of the Czech Republic has dealt with changes to the VAT Act in connection with new construction regulations. The changes will be effective from 1 January 2024 and concern the construction industry and the supply and lease of real property.
AmCham Intel on Wage and Workforce Availability: Czechia should focus on attracting the talent that can drive value-added output
AmCham held an Intel session on wage and workforce availability in Czechia, providing fresh data and practical insights.
The CzechInvest government agency has published a report on investment climate in English, a basic comprehensive marketing material about the Czech Republic. This publication offers an overview of the country's economic and political environment and highlights the key benefits, incentives and opportunities available to investors looking to settle in the heart of Europe.
AmCham Big Bets: We all understand the urgency and the importance, and the need to take major, well-calculated risks
AmCham met with representatives of Technology Agency of the Czech Republic (TA ČR) to discuss how we can drive up the value of private investments in technology development, and how we can make the magical triangle of innovation between government, universities and business generate more value for every crown invested.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Read the documents in English and Czech.
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.