According to the Deloitte study the Czech Republic with its 8 weeks needed for the foreigner to get the formalities done places among the European most attractive countries where the process usually takes in between 4 to 8 weeks. Those countries except for the Czech Republic are Belgium Finland, Sweden, Germany and Portugal. One of good policies applied in the Czech Republic is the possibility of “fast track” procedure available for internal employees of foreign investors. On the other hand among the countries where the process is much longer are Italy, Spain, Malta or Austria. The study also shows that major setback for European countries is that they are lacking coordinated union-wide policy. As for single policies for example so called “blue card” didn’t make any difference as it isn’t valid for more than one state. Thus Europe is somewhat losing its competitive fight against such countries as Canada or Australia which are highly attractive for internationally qualified workers coming from Brazil, Russia, India and China.
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5th March 2019