Residence Permit in Slovakia Through Real Estate Investment
The program for obtaining a residence permit (residency) in Slovakia through real estate investment has undergone significant changes. Previously, purchasing a specific type of property was enough to qualify for permanent residence. However, the requirements for obtaining a residence permit have now become stricter. How can you now obtain a residence permit in Slovakia through real estate investment? Togetthere consultants offer a comprehensive solution. We will assist you in acquiring profitable real estate, establishing and managing a sole proprietorship, and meeting all the conditions for renewing your residence permit. Rented property will provide you with a steady income that can be used to cover living and business expenses. A residence permit grants the right to live and work in Slovakia and access all social benefits. If certain conditions are met, you may also apply for Slovak citizenship. It is important to note that to maintain your residence permit, you must stay in Slovakia for at least 183 days per year and generate an annual income of at least €7,100 from entrepreneurial activities. Contact Togetthere and trust the professionals to guide you through the process.
Why is it safe to apply for a residence permit with us?
The Togetthere service is your go-to place for comprehensive support in purchasing real estate and subsequently obtaining a residence permit in Slovakia. Our specialists possess legal expertise and extensive experience in the Slovak market, allowing them to handle all bureaucratic procedures on your behalf. We will find a property tailored to your personal or commercial needs, ensure the asset is safe for purchase, and prepare all necessary documents for registration under your name or company.
After the purchase, we will also assist in gathering and submitting documents for your residence permit card. We specialize in all categories and will prepare a complete package of certificates and confirmations tailored to your goals, ensuring you successfully obtain approval for relocation.
Questions and Answers
One of the options for moving to a European country is obtaining a residence permit (RP) in Slovakia through property purchase. What is this category, what opportunities are available for obtaining such a format of RP, and other aspects of the procedure – we describe in detail below.
How to Obtain a Residence Permit in Slovakia Through Property Purchase?
The mechanism for this procedure involves registering documents for legal residence in the country based on the purchased real estate property. This can be residential or commercial property, depending on whether you are buying it as an individual or for a company. This is allowed under the country’s laws, and any foreigner or company can acquire apartments, houses, villas, other buildings, or plots of land. However, agricultural and forestry lands are not permitted for purchase.
You can obtain an RP in Slovakia through property purchase in two ways:
- Purchasing an apartment or other housing as an individual and immediately processing the documents for the residence card.
- Registering a company, purchasing property under its name, and declaring rental income as profit. Over time, at the right moment, you can relocate and obtain an RP.
An important note – obtaining the card requires not just owning property but having a specific purpose for relocation. Owning an apartment or house will be considered an additional advantage when applying for a residence permit.
What Purposes Allow Obtaining an RP in Slovakia Through Property Purchase?
A residence permit in Slovakia through property purchase can be issued to individuals applying for a card with the purpose of:
- working in the Republic;
- organizing entrepreneurial activities;
- studying at universities;
- family reunification;
- conducting research and scientific activities.
An RP in Slovakia through property purchase may also be granted to those with an EU Blue Card or members of the civilian component of the armed forces.
Why Slovakia Is a Good Option for RP: Real Estate and Reasons to Buy
If you are considering Slovakia for an RP, purchasing property here is beneficial for the following reasons:
- a stable European market, ideal for investment;
- property ownership provides a residential address or legal address for various bureaucratic procedures;
- renting out property in Slovakia can generate steady income.
When applying for an RP, property ownership in Slovakia can facilitate obtaining the card. Moreover, you will not only have the opportunity to reside in the country but also freely travel within the Schengen area.
At our company, we provide comprehensive assistance in achieving your goals. We offer consultations on all aspects of the procedure, help you select and safely purchase property in Slovakia, and handle all the paperwork. Additionally, we assist with preparing the necessary documents for obtaining an RP. We support our clients through each step, tailored to their individual needs and objectives. Contact us by submitting your request on our website, and get all your questions answered about acquiring real estate and residence permits.