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Why You Should Consider Moving to Slovakia
Israel is a land of great opportunities, but it also comes with significant challenges. The high cost of living makes owning a home a distant dream, while the prices of groceries, insurance, food, clothing, cars, and fuel drive expenses even higher. There’s often little left for leisure or vacations, not to mention the heavy taxes burdening both employees and business owners. Adding to this is the constant tension caused by the region’s political and security instability.
But what if you could choose a life where you can escape the pressure, where your money stretches further, and where you and your family can enjoy the harmony of a quiet and peaceful life?
Welcome to Slovakia
A Country of Stability, Nature, and New Opportunities!
Affordable Housing
Rental and property prices are significantly lower than in Israel, turning homeownership from a dream into a reality. You can even secure a mortgage for a home after residing here for some time.
Cost-Effective Living
Groceries, utilities, transportation – all come at far more reasonable prices compared to Israel, while maintaining a high standard of living.
Beautiful Nature
From the alpine beauty of the High Tatras to lush green forests, thermal springs, and charming towns, Slovakia offers an ideal setting for family life or active recreation.
European-Quality Healthcare and Education
Slovakia has private clinics, schools, and kindergartens that provide excellent services, comparable to those in Israel.
Safety and Peace of Mind
No threats of war or terror here – life flows calmly and comfortably.
Opportunities for Business
A friendly tax system and access to the entire EU market make Slovakia an attractive destination for startups and companies.
Slovakia is a small yet vibrant European country located in the heart of the continent. Although it may be unfamiliar to many Israelis, it’s a hidden gem waiting to be discovered. Slovakia charms with its coziness, safety, and affordable quality of life. Here’s what awaits you
Slovakia is a place that values balance between work and personal life, where you can enjoy peace and comfort while staying at the very heart of Europe with easy access to other EU countries.
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Why Do We Recommend Moving from Israel to Slovakia?
Stable and affordable life
Affordable and Stable Living: Life in Slovakia is significantly more accessible and stable than in Israel. With low taxes, moderate housing, and grocery prices, you can spend less while maintaining a high standard of living.
Member of the EU and NATO
Safety and European Access: As a member of the EU and NATO, Slovakia offers safety, comfort, and access to the opportunities of the European market. Its central location in Europe makes it easy to travel, conduct business, and enjoy nature, culture, and a serene atmosphere.
Growing Business Opportunities
Slovakia provides excellent access to key markets for capital, resources, and sales. This makes it an ideal hub for freelancers, IT professionals, and entrepreneurs. The country facilitates collaboration with EU partners and clients while offering diverse investment and financial opportunities for business growth.
Comparison of Life in Israel and Slovakia
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Criterion
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Slovakia
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Israel
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Cost of Living
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Lower costs for housing, groceries, and services. Average rent for a 3-bedroom apartment in the capital, including utilities, is around €1100-1400 per month.
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High costs. Average rent for a 3-bedroom apartment in central areas is approximately $2500-4000 per month.
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Taxes
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Income tax starts at 10%
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Income tax is 23%
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Healthcare
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Affordable public healthcare. Private clinic insurance costs range from €97-150 per month.
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Expensive private healthcare, 17% contributions for self-employed, and mandatory pension fund deductions.
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Education
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Free public education and affordable private schools (Cambridge, Montessori, British) from €950/month.
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Free public education, private schools of similar quality cost from €1800/month in central areas.
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Business Opportunities
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Transparent tax system, startup support, and access to the large EU market for collaboration.
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High taxes, complex regulations, and a geographically limited market.
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Regional Stability
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A peaceful country with no external threats.
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Constant instability in the Middle East.
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Mortgages
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Up to 80% mortgage availability, favorable terms from developers during the construction phase.
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High household debt, maximum financing at 75%, high interest rates, less favorable developer terms.
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Nature and Ecology
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Clean environment, national parks, easy access to recreational areas.
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Dense urbanization, limited access to nature.
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Accessibility
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1-hour drive to Vienna, 2 hours to Budapest, and only a 3.5-hour flight to Israel, making it convenient for travel across the EU.
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Limited freedom to travel by car outside Israel, high costs of air travel.
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Who Is Life in Slovakia and Relocation from Israel Suitable For?
Relocating to Slovakia is a fantastic opportunity for those who want to improve their quality of life, reduce expenses, and enjoy the benefits of living in Europe. Slovakia is ideal for several key groups of people
Cost Savings
If your income is tied to international markets or the Israeli economy, moving to Slovakia allows you to save significantly on housing rent, utilities, groceries, and daily expenses.
Comfort for Work
High-speed internet and modern coworking spaces provide everything needed for effective work. You can work peacefully from home or rent a place in comfortable business spaces in cities like Bratislava.
Work-Life Balance
Nature retreats—whether in the mountains, at thermal resorts, or by lakes—are available year-round. For those seeking inspiration and a reset, this is the perfect environment.
Freedom to Travel
Slovakia’s central location in Europe makes it easy to travel to Vienna, Prague, Budapest, or any other EU country without visas or restrictions. Additionally, a flight to Israel takes just 3.5 hours, so weekend trips are a breeze.
IT Specialists, Freelancers, and Outsourcing Professionals
Slovakia is becoming a haven for IT professionals, freelancers, and outsourcing specialists due to its location and tax conditions within the heart of the EU, allowing people to work from anywhere in the world.
European Market
Registering a company in Slovakia opens access to the EU market, which includes 27 countries and millions of customers. This is a huge advantage for those wanting to work with European partners and clients.
Low Taxes
Starting in 2025, Slovakia’s corporate tax rate will be as low as 10%, and dividend tax will start from 7%, significantly lower than in Israel. This allows for reduced operational costs and greater investment in business growth.
Ease of Doing Business
Transparent laws, a convenient company registration system, and government support for startups make Slovakia an excellent base for new projects.
Convenient Logistics
Slovakia has a well-developed transport infrastructure that makes it easy to move goods throughout Europe, as well as import and export products efficiently.
Business Owners and Entrepreneurs
Slovakia attracts those who want to manage their businesses efficiently or expand their opportunities.
Peace and Safety
With its low crime rate and friendly population, life in Slovakia is peaceful and secure.
Beautiful Nature
Mountain trails, green valleys, clean lakes, and hot springs are all available for leisurely walks, relaxation, and maintaining health.
Affordable Healthcare
The public healthcare system provides essential services, while private clinics offer high-quality care at reasonable prices.
Social Activities
Slovakia offers numerous opportunities for an active life, from cultural events and excursions to participation in local clubs and social groups.
Affordability
Retirees can rent or buy affordable housing, and the low cost of living ensures they can enjoy their retirement without financial worries.
Retirees Seeking a Peaceful and Vibrant Retirement
Slovakia is a true gem for retirees looking to spend their later years in comfort and safety. To obtain residence, it is sufficient to buy a small property and rent it out, generating income that meets the country’s requirements for visa renewal.
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What issues can we solve for you?
Anyone who moves to a new country may experience loneliness. To address this, we strive to foster a supportive community and vibrant social life for our clients and all residents in Bratislava. Togetthere collaborates closely with the local Jewish community, organizing meetings, workshops, and activities to help children and adults make friends and feel at home in their new surroundings. Our company welcomes new initiatives and event ideas, ensuring that you feel part of a community and surrounded by friends in your new environment. We believe that a rich social life and a sense of belonging are crucial for successful integration into a new country. Togetthere is committed to supporting you at every step, helping you create a happy, fulfilling life in Slovakia.
Reviews
Rivka T.
We spent a long time deciding whether our grandson should study in Israel or abroad. Togetthere recommended a Slovak university. It’s close, the education is decent, and the costs are reasonable. The paperwork was a bit complicated, but the manager helped us with it all. Now our grandson is studying in Slovakia, and we can relax. Thank you for your care and detailed explanations!
Sarah G.
Well, this was an adventure… We decided to move to Slovakia as a family, but had no idea where to start. Togetthere was amazing in helping us. From housing to insurance, they handled everything, though a few things got lost in translation once or twice. But the kids are now in school, and my husband found a job. Thanks for taking care of us!
Yaakov L.
At first, I had no idea how to start a business here. I’m used to doing everything through lawyers back in Israel. But Togetthere laid it all out for me step by step! They set up the company, handled all the paperwork, although I forgot to sign something a couple of times. Now I’m up and running, and the taxes are lower than back home. Thanks for your patience with me!
David C
Well, what can I say… I thought it would be long and painful, like dealing with bureaucracy here in Israel. But these guys from Togetthere really helped! Sure, there was still a ton of paperwork, but the manager explained everything down to the commas. Now I have my residence permit, my wife is happy, and I’m working peacefully. Thank you, but maybe next time a bit faster?
Yael Oh
My husband and I moved to Slovakia a long time ago, but all this time our main dream was to move my parents here. We faced a lot of difficulties - from paperwork to finding a place for them to live. Everything seemed so confusing and we were losing hope. But then we found Togetthere and turned to Alexander for help. He helped us literally every step of the way - from preparing all the paperwork to how best to organize their arrival. Thanks to his professionalism and patience, we were able to move our parents without any problems, and now our family is together again. Thank you so much for your support and sincere care!
Adi Z
I am a freelance photographer and when I moved to Košice, I was faced with the task of how to open a sole proprietorship and work officially. I was threatened with heavy fines, so I decided to get legalized as soon as possible. I didn't know where to start, and honestly - I was shocked. I found a couple of firms on Google and chose Togetthere because I liked their website and the fact that many Israelis use their services. Their team just saved me! Everything was done quickly and without stress: they helped me with the documents, explained all the details and answered all my questions. Thanks to them I can now work calmly and not worry about the legal side of my work.
Jonotan K
When I started my business in Slovakia, I faced some confusing accounting and reporting issues. To be honest, I did not want to get into the local processes, but wanted to find someone who understands the local tax rules. A friend, who has been in Bratislava for over 8 years, advised me to contact Togetthere company, they had set up accounting in his Slovak company and it was a great solution. Their specialists quickly sorted out my situation, put all the documents in order and set up reporting so that I am now confident that everything will be done on time and correctly. Now I don't have any extra headaches related to taxes and reports, and I can go about my business in peace.
Zaytun P.
16/03/2024
Thanks a lot to Alex and his team for the good job, Me and my family successfully moved from India to Slovakia and now we have a Blue card!))))) Thank you again.
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