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Czech & Tax

Discussion in 'Buying Overseas Property' started by Bonzo, Sep 1, 2008.

  1. Bonzo

    Bonzo New Member

    Hello all,

    Are there any investors out there who have invested in the Czech Republic?

    I purchased an off-plan a few years back which I have now managed to rent out since March this year. I have not managed to do anything regarding the tax situation and have no idea if I need to find an accountant in Cz or the UK or where to go....or maybe just leave it and hope for the best! Anyone have any advice?

  2. soabu

    soabu New Member

    I have bought in Prague 7 and also just south of Prague - the way the market has moved over the past year and with the current maturity of finance and currency markets in Czech, I doubt there is a better place to invest in the world!

    I paid a lump sum to a company (i-property assets), who in turn source the best management/lettings firm and also sort any furnishings etc.. - a one stop shop. I am pretty sure all tax issues will be done through the management firm also.
  3. Magellan

    Magellan New Member

    I would assume you have to pay taxes on rental income in CZ
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