Long-term Residence Permit for the Purpose of Investment
A long-term residence permit for the purpose of investment is intended for third country citizens who are entrepreneurs and want to reside in the Czech Republic to make a “significant investment”, or who are executives in business companies that have such investment plans.
GENERAL INFO
TO APPLY IN CZECHIA
TO APPLY FROM OUTSIDE CZECHIA
EXTENSION
Who can apply for this type of residence permit?
You can apply for a long-term residence permit for the purpose of investment if you are an entrepreneur and a third-country citizen and, at the same time, you are going to make a “significant investment” in the Czech Republic or, if you are an executive in a business company that has such an investment plan.
The invested funds must amount to at least 75 million CZK and, at the same time, it must create at least 20 new jobs for EU citizens or their family members for a minimum period of 2 years. Up to 60% of the aforementioned funds can be replaced with other tangible or intangible assets, including technologies and information know-how.
How long is this type of residence permit valid for?
For a maximum of 2 years.
What does this type of residence permit look like?
What obligations and restrictions does this residence permit mean?
You must fulfil the purpose of your stay for the whole duration of your residence permit. You must also follow the obligations for foreigners stipulated by law.
What does this residence permit enable you to do?
If you hold a valid residence permit, you can leave and re-enter the Czech Republic repeatedly. You can also travel within the Schengen Area without a visa.
Who can apply for a long-term residence permit for the purpose of investment in the Czech Republic?
- Long-term visa holders (except for Leave-to-remain Visas) or
- Holders of a long-term residence permit issued for any purpose (except for long-term Leave-to-remain Residence Permits when the stay is shorter than 3 years).
How and where can you apply?
Only in person at one of the Ministry of the Interior offices.
When do you have to submit the application?
At the latest the last day of your current long-term residence’s or visa’s validity.
During the time when your application is being processed, you are staying in the Czech Republic legally, even if your current residence permit or visa expires (for more information please see the section Fiction of Residence).
What is the administrative fee?
CZK 2,500 in the form of stamps.
What is the time limit to process the application?
30 days; 60 days in especially complicated cases.
STEPS TO FOLLOW IN ORDER TO APPLY FOR A RESIDENCE PERMIT IN THE CZECH REPUBLIC:
1. Prepare the necessary documents
To apply you will need:
- Application form
- Travel document
- Photograph
- Confirmation of registration in the relevant register
- Description of your business plan
- Document clearly showing that you or the business company in which you are a statutory body, a member of a statutory body, an authorised representative or a business partner can move funds in the Czech Republic in order to make a significant investment (upon application, this document cannot be older than 30 days)
- Financial statements (or similar documents containing the applicant’s financial performance) of the business company and the person controlling it for 2 calendar or accounting years prior to the application date
- Declaration that no insolvency decision was taken against you, the business company or the person controlling it in the country you, the business company or the person controlling it have operated so far
- Proof of origin and ownership of other assets (e.g. purchase contracts) including an expert’s report on the valuation of such assets if they should be invested
- Proof of no outstanding debts
- Comprehensive medical insurance (information on children under the age of 18 can be found here)
Upon request provide also:
- Medical Report
- Document similar to an Extract from the Penal Register Record, issued by other states where you have resided for a total of six months during the three years preceding your application.
- Proof of origin of the funds
- Proof of payment for the insurance premium stated on the comprehensive medical insurance certificate (e.g. a tax declaration or a proof of income confirmed by your employer)
If you are applying as a business partner, a statutory body, a member of a statutory body or an authorised representative of a business company, then together with the application you must also provide:
- Proof that the business company has no outstanding debts
- Proof that your activities in the Czech Republic will have a significant effect on the company’s business
- Proof that your share in the business company corresponds to at least the minimum share established by the Czech Government Regulation
Upon application you must pay an administrative fee of CZK 2,500 in the form of stamps.
If you want your application to be processed as soon as possible, you have to provide all the necessary documents already when submitting the application. If your application is incomplete, the Ministry of the Interior can suspend the administrative proceedings, which may lead to prolonging the application processing time (for more information please see the section additions to the application).
However, if there is a time limit for submitting the application stipulated by law and you do not have all the necessary documents yet, submit the application anyway, even though it may be incomplete. As if the time limit expires, your right to reside in the Czech Republic may cease to exist along with it.
Please review the formal requirements that the documents must meet.
2. Fill in the application form
You can fill in the application form online. Then print out the filled-in form and sign it.
You can also download a blank application form, print it out and fill it in by hand – it must be filled in legibly, in block capitals, in Latin characters, and in Czech. You can also collect the form free of charge at one of the offices of the Ministry of the Interior.
3. Make an appointment to go to a Ministry of the Interior office
Make an appointment online or by phone beforehand in order to submit your application. Although a timely appointment reservation saves your time, it is not a necessary condition for submitting the application – with no appointment reservation you have to wait for your turn.
The lack of accessible slots in the schedule of appointments does not justify your failure to submit the application in due time. If the closest accessible date of appointment is after your time limit for submitting the application expires (for example your visa-free stay would already have expired), submit the application without prior reservation. For more details see your office’s opening hours (choose the appropriate office according to the location of your reported address) to find out, which is the earliest permissible date that you can appear in person, without having made a prior reservation.
4. Submit the application
You must submit a long-term residence permit application or an application for a new long-term residence permit (changing the purpose of residence) in person at a Ministry of the Interior office.
Are you not sure whether you must submit the application in person? For more information click here.
If you submit the application in person, you will receive a slip confirming the submission and a reference number assigned to your application. You need to know the reference number, for example, to be able to track the state of your proceedings.
If you have submitted your application within the given time limit, during the time when your application is being processed you are staying in the Czech Republic legally, even if your current residence permit or visa expires (for more information please see the section Fiction of Residence). This is the case, with some exceptions, until a final decision on your application is taken. At the Ministry of the Interior offices you can also apply for a certificate confirming permission for your residence (Bridging Visa). A Bridging Visa allows you, for example, to leave the Czech Republic and return again during the time when your application is being processed.
5. Wait for the decision
The Ministry of the Interior will assess your application in administrative proceedings. If any errors are detected in the attached documents, you will be prompted in writing to remedy such errors. In the notice, the Ministry will explain in detail what the errors are and what you have to do to remedy them. It will also set a time limit for you to do so. When justified and if you apply for it in writing, this time limit can be extended.
The Ministry of the Interior also checks if you meet the requirements to obtain the residence permit you are applying for. In such case you may be invited for an interview.
In the course of the administrative proceedings you can:
- Add additional documents to your application.
- Be represented in the proceedings (a Power of Attorney).
- Ask for access to your file.
- Ask for a stay in the proceedings.
- Withdraw the application (Withdrawal of the Application).
You can track the state of your proceedings online on the website under Status of my Application or in your personal account. If you were prompted to provide documents or to remedy errors, the time limit for processing your application is not running until the errors are remedied or for as long as it is established in the notice.
For more information on the state of your application you can submit a written Application for a Notification on the State of the Proceedings. You can find the most common reasons for why processing may take longer in the Database of Frequently Asked Questions.
6. Learn the result of the administrative proceedings
On the website under Status of my application you can see the following states:
- Being processed: No decision has been taken yet. For more information on what you can do in the course of the administrative proceedings please see the previous section.
- Granted: The Ministry’s decision is affirmative. Please see the following section.
- Rejected: The Ministry rejected your application or closed the proceedings. In such a case you will receive the decision in writing. You can appeal against the decision within 15 days of the date you were notified of the decision.
- The decision to reject the application consists of three basic parts:
- The Statement: It contains specific legal provisions based on which the application was rejected. It may also advise you that you must leave the country, including the time limit in which you must do so.
- The Statement of Grounds: It explains why the application was rejected and what documents and proofs served as grounds for the decision on your application.
- Your rights: It informs you on how to proceed if you wish to appeal against the decision.
- The decision to close the proceedings consists of three basic parts:
- The Statement: It contains specific legal provisions based on which the proceedings were closed.
- The Statement of Grounds: It describes the procedure and grounds that led to the proceedings being closed.
- Your rights: It informs you on how to proceed if you wish to appeal against the decision.
You may have only received a record of the decision to close the proceedings because in your case the proceedings were closed for reasons stipulated by law in which case the applicant does not receive a written decision (Section 169r (2) of Act No. 326/1999 Coll).
7. Make your appointment to have your biometric data taken
If the application is granted, make an appointment by phone to have your biometric data taken. Please note that the appointment date is binding and you must follow the Administrative Procedure Code if you request a reschedule or cancellation.
8. Come to have your biometric data taken
Come to the scheduled biometric data scanning appointment. Take your travel document with you. At the biometric data scanning you will agree on a date to collect your completed biometric card.
9. Collect your residence permit (biometric card)
The final step is to collect your residence permit (biometric card). The time limit for collection is 60 days from the date you had your biometric data scanned.
How and where can you apply?
You can only apply in person at one of the Czech Republic’s diplomatic missions:
- in a country that issued you with a travel document or which you are a national of, or
- in a state in which you have been granted a long-term or permanent residence permit and have been legally residing there continuously for at least 2 years (for EU countries, you can apply only in Dresden visa centre), or
- at any of the Czech Republic’s diplomatic missions if you are a national of one of these countries.
For a list of all the Czech Republic’s diplomatic missions please see the Ministry of Foreign Affairs website.
What is the consular fee?
5,000 CZK paid in EUR, USD or local currency.
For a complete list of consular fees, including exceptions for some countries, please see the Ministry of Foreign Affairs website.
What is the time limit to process the application?
30 days; 60 days in especially complicated cases.
STEPS TO FOLLOW IN ORDER TO APPLY FOR A LONG-TERM RESIDENCE PERMIT FROM OUTSIDE THE CZECH REPUBLIC:
1. Prepare necessary documents
To apply you will need:
- Application form
- Travel document
- Photograph
- Confirmation of registration in the relevant register
- Description of your business plan
- Document clearly showing that the foreigner or the business company in which the foreigner is a statutory body, a member of a statutory body, an authorised representative or a business partner can move funds in the Czech Republic to make a significant investment (upon application, this document cannot be older than 30 days)
- Financial statements (or similar documents containing the applicant’s financial performance) of the business company and the person controlling it for 2 calendar or accounting years prior to the application date
- Declaration that no insolvency decision was taken against the applicant, the business company or the person controlling it in the country you, the business company or the person controlling it have operated so far
- Proof of origin and ownership of other assets (e.g. purchase contracts) including an expert’s report on the valuation of such assets if they should be invested
- Proof that the foreigner has no outstanding debts if he/she has already resided in the Czech Republic
- Document similar to an extract from the Penal Register record, issued by the state of which you are a citizen.
Upon request provide also:
- Medical Report
- Document similar to an Extract from the Penal Register Record, issued by other states where you have resided for a total of six months during the three years preceding your application.
- Proof of origin of the funds
- Proof of payment for the insurance premium stated on the comprehensive medical insurance certificate (e.g. a tax declaration or a proof of income confirmed by your employer)
If you are applying as a business partner, a statutory body, a member of a statutory body or an authorised representative of a business company, then together with the application you must also provide:
- Proof that the business company has no outstanding debts
- Proof that the applicant’s activities in the Czech Republic will have a significant effect on the company’s business
- Proof that his/her share in the business company corresponds to at least the minimum share established by the Czech Government Regulation
Upon application, you must pay a consular fee 5,000 CZK.
Please review the formal requirements that the documents must meet.
2. Fill in the application form
You can fill in the application form online. Then print out the filled-in form and sign it.
You can also download a blank application form, print it out and fill it in by hand – it must be filled in legibly, in block capitals and in Latin characters. You can also collect the form free of charge at a Czech Republic’s diplomatic mission.
3. Contact the diplomatic mission where you want to submit your application
Before submitting the application, contact the diplomatic mission and make an appointment. For a list of all the Czech Republic’s diplomatic missions and their contact details please see the Ministry of Foreign Affairs website.
4. Submit the application
You must submit the application in person. In justified cases a diplomatic mission may waive the obligation to submit the application in person.
5. Wait for the decision
The diplomatic mission will turn your application over to the Ministry of the Interior.
The Ministry of the Interior will assess your application in administrative proceedings. If any errors are detected in the attached documents, you will be prompted in writing to remedy such errors. In the notice, the Ministry will explain in detail what the errors are and what you have to do to remedy them. It will also set a time limit for you to do so. When justified and if you apply for it in writing, this time limit can be extended.
The Ministry of the Interior also checks if you meet the requirements to obtain the residence permit you are applying for. In such case you may be invited for an interview.
In the course of the administrative proceedings you can:
- Add additional documents to your application.
- Be represented in the proceedings (a Power of Attorney).
- Ask for access to your file.
- Ask for a stay in the proceedings.
- Withdraw the application (Withdrawal of the Application).
You can track the state of your proceedings online on the website under Status of my Application or in your personal account. If you were prompted to provide documents or to remedy errors, the time limit for processing your application is not running until the errors are remedied or for as long as it is established in the notice.
For more information on the state of your application you can submit a written Application for a Notification on the State of the Proceedings. You can find the most common reasons for why processing may take longer in the Database of Frequently Asked Questions.
6. Learn the result of the administrative proceedings
On the website under Status of my application you can see the following states:
- Being processed: No decision has been taken yet. For more information on what you can do in the course of the administrative proceedings please see the previous section.
- Granted: The Ministry’s decision is affirmative. Please see the following section.
- Rejected: The Ministry rejected your application or closed the proceedings. In such a case you will receive the decision in writing. You can appeal against the decision within 15 days of the date you were notified of the decision.
- The decision to reject the application consists of three basic parts:
- The Statement: It contains specific legal provisions based on which the application was rejected. It may also advise you that you must leave the country, including the time limit in which you must do so.
- The Statement of Grounds: It explains why the application was rejected and what documents and proofs served as grounds for the decision on your application.
- Your rights: It informs you on how to proceed if you wish to appeal against the decision.
- The decision to close the proceedings consists of three basic parts:
- The Statement: It contains specific legal provisions based on which the proceedings were closed.
- The Statement of Grounds: It describes the procedure and grounds that led to the proceedings being closed.
- Your rights: It informs you on how to proceed if you wish to appeal against the decision.
7. Collect your entry visa at the diplomatic mission and provide your medical insurance document
If the application is granted, come to the diplomatic mission in order to collect your entry visa – visa for a stay longer than 90 days for the purpose of collecting a residence permit (D/VR). A diplomatic mission’s employee will contact you beforehand in order to schedule an appointment with you. You do not need a D/VR visa if you can enter the Czech Republic in another way, e.g. without a visa with a biometric passport.
Before receiving the visa in your passport, you must provide a proof of travel medical insurance:
- covering emergency and essential care for the first 90 days of your stay in the country together with a proof of comprehensive medical insurance for the rest of your stay, or
- directly a proof of comprehensive medical insurance for the entirety of your permitted residence in the country.
The diplomatic mission can also ask you to provide a proof of payment for the insurance. A proof of travel medical insurance is not required in cases stipulated by law (e.g. your medical insurance is provided under an international agreement).
8. Get registered at a Ministry of the Interior office upon your arrival
In case you have been granted a D/VR visa, you have to register at an office of the Ministry of the Interior within 30 calendar days of your arrival to the Czech Republic. If you are able to legally enter the Czech Republic in a different way, for example without a visa while having a biometric passport, you have to register within 3 days of your arrival.
During the registration, the office’s employees will schedule an appointment with you so that you get your biometric data taken.
9. Come to have your biometric data taken
Come to the scheduled biometric data scanning appointment. Take your travel document with you. At the biometric data scanning you will agree on a date to collect your completed biometric card.
10. Collect your residence permit document (biometric card)
The final step is to collect your residence permit (biometric card). The time limit for collection is 60 days from the date you had your biometric data scanned.
Under what conditions can you apply for an extension of the validity of your long-term residence permit?
If you want to continue in the activities you have carried out in the Czech Republic so far. You can extend your long-term residence repeatedly, always with a maximum extension period of 2 years.
How and where can you apply?
You can submit the application to extend your residence permit’s validity at a Ministry of the Interior office, send it by post, Data Box or by e-mail with an advanced electronic signature, or you can submit it through an authorised representative.
When do you have to submit the application?
At the latest the last day of your current long-term residence’s validity, at the earliest 120 days before its expiration.
During the time when the application is being processed, you are staying in the Czech Republic legally, even if your current residence permit expires (for more information please see the section Fiction of Residence).
What is the administrative fee?
CZK 2,500 in the form of stamps.
What is the time limit to process the application?
60 days.
The time limit is not running if the proceedings are suspended or if there is a legal ground for it.
STEPS TO FOLLOW IN ORDER TO APPLY FOR AN EXTENSION OF A RESIDENCE PERMIT’S VALIDITY:
1. Prepare necessary documents
To apply, you will need:
- Application form
- Travel document
- Confirmation of registration in the relevant register
- Proof of no outstanding debts (if you are applying as a business partner, a member of a statutory body or an authorised representative of a business company, you need to provide a proof that the business company has no outstanding debts)
- Proof that you proceed in line with the intention to make a significant investment
- Comprehensive medical insurance
Upon request provide also:
- Medical Report
- Document similar to an Extract from the Penal Register Record, issued by other states where you have resided for a total of six months during the three years preceding your application.
- Revenue tax assessment notice (if you are applying as a business partner, a member of a statutory body or an authorised representative of a business company, you need to provide the business company’s corporation tax assessment notice)
- A proof of payment for the insurance stated on the proof of comprehensive medical insurance
If you are applying as a business partner, a statutory body, a member of a statutory body or an authorised representative of a business company, then together with the application you must also provide:
- Proof that your activities in the Czech Republic will continue to have a significant effect on the company’s business
- Proof that your share in the business company corresponds to at least the minimum share established by the Czech Government Regulation
Upon application you must pay an administrative fee of CZK 2,500 in the form of stamps.
If you want your application to be processed as soon as possible, you have to provide all the necessary documents already when submitting the application. If your application is incomplete, the Ministry of the Interior can suspend the administrative proceedings, which may lead to prolonging the application processing time (for more information please see the section additions to the application).
However, if there is a time limit for submitting the application stipulated by law and you do not have all the necessary documents yet, submit the application anyway, even though it may be incomplete. As if the time limit expires, your right to reside in the Czech Republic may cease to exist along with it.
Please review the formal requirements that the documents must meet.
2. Fill in the application form
You can fill in the application form online. Then print out the filled-in form and sign it.
You can also download a blank application form, print it out and fill it in by hand – it must be filled in legibly, in block capitals, in Latin characters, and in Czech. You can also collect the form free of charge at one of the offices of the Ministry of the Interior.
3. You can send the application or you can make an appointment at a Ministry of the Interior office
You can submit the application at a Ministry of the Interior office, send it by post, Data Box or by e-mail with an advanced electronic signature, or you can submit it through an authorised representative.
If you wish to submit the application in person, please make an appointment online or by phone beforehand. Attention: a lack of free appointment slots will not be considered as a reason for a late application submission. If the offered appointment slot is after your time limit for submitting the application expires, send the application by post, Data Box or by e-mail with an advanced electronic signature, or visit a Ministry of the Interior office without an appointment – with no appointment reservation you have to wait for your turn.
If you are not going to submit your application in person, the date of its posting or the date of its sending by Data Box or email is important for complying with the given time limit. If you post the application at a post licence holder (most commonly a post office) the last day of your current resident permit’s validity, the time limit for submitting the application will be complied with. This applies even in the case that the application is delivered to the Ministry of the Interior after your residence’s validity has expired. We recommend, however, not to leave the submission for the last moment.
If you submit the application in person, you will receive a slip confirming the submission and a reference number assigned to your application. You need to know the reference number, for example, to be able to track the state of your proceedings. If you do not submit the application in person, you can learn the reference number by calling our information hotline. In this case, it is recommended to call the hotline no sooner than a week after the application was sent as it takes a few days to assign a reference number to an application.
If you have submitted your application within the given time limit, during the time when your application is being processed you are staying in the Czech Republic legally, even if your current residence permit or visa expires (for more information please see the section Fiction of Residence). This is the case, with some exceptions, until a final decision on your application is taken. At the Ministry of the Interior offices you can also apply for a certificate confirming permission for your residence (Bridging Visa). A Bridging Visa allows you, for example, to leave the Czech Republic and return again during the time when your application is being processed.
4. Wait for the decision
The Ministry of the Interior will assess your application in administrative proceedings. If any errors are detected in the attached documents, you will be prompted in writing to remedy such errors. In the notice, the Ministry will explain in detail what the errors are and what you have to do to remedy them. It will also set a time limit for you to do so. When justified and if you apply for it in writing, this time limit can be extended.
The Ministry of the Interior also checks if you meet the requirements to obtain the residence permit you are applying for. In such case you may be invited for an interview.
In the course of the administrative proceedings you can:
- Add additional documents to your application.
- Be represented in the proceedings (a Power of Attorney).
- Ask for access to your file.
- Ask for a stay in the proceedings.
- Withdraw the application (Withdrawal of the Application).
You can track the state of your proceedings online on the website under Status of my Application or in your personal account. If you were prompted to provide documents or to remedy errors, the time limit for processing your application is not running until the errors are remedied or for as long as it is established in the notice.
For more information on the state of your application you can submit a written Application for a Notification on the State of the Proceedings. You can find the most common reasons for why processing may take longer in the Database of Frequently Asked Questions.
5. Learn the result of the administrative proceedings
On the website under Status of my application you can see the following states:
- Being processed: No decision has been taken yet. For more information on what you can do in the course of the administrative proceedings please see the previous section.
- Granted: The Ministry’s decision is affirmative. Please see the following section.
- Rejected: The Ministry rejected your application or closed the proceedings. In such a case you will receive the decision in writing. You can appeal against the decision within 15 days of the date you were notified of the decision.
- The decision to reject the application consists of three basic parts:
- The Statement: It contains specific legal provisions based on which the application was rejected. It may also advise you that you must leave the country, including the time limit in which you must do so.
- The Statement of Grounds: It explains why the application was rejected and what documents and proofs served as grounds for the decision on your application.
- Your rights: It informs you on how to proceed if you wish to appeal against the decision.
- The decision to close the proceedings consists of three basic parts:
- The Statement: It contains specific legal provisions based on which the proceedings were closed.
- The Statement of Grounds: It describes the procedure and grounds that led to the proceedings being closed.
- Your rights: It informs you on how to proceed if you wish to appeal against the decision.
You may have only received a record of the decision to close the proceedings because in your case the proceedings were closed for reasons stipulated by law in which case the applicant does not receive a written decision (Section 169r (2) of Act No. 326/1999 Coll).
6. Make your appointment to have your biometric data taken
If the application is granted, make an appointment by phone to have your biometric data taken. Please note that the appointment date is binding and you must follow the Administrative Procedure Code if you request a reschedule or cancellation.
7. Come to have your biometric data taken
Come to the scheduled biometric data scanning appointment. Take your travel document with you. At the biometric data scanning you will agree on a date to collect your completed biometric card.
8. Collect your residence permit document (biometric card)
The final step is to collect your residence permit (biometric card). The time limit for collection is 60 days from the date you had your biometric data scanned.