Slovakia Business Residence

To qualify for the Slovakia Residence for the Purpose of Business, applicants must meet the following requirements:

Business Registration:

Applicants must establish a business in Slovakia, such as a sole proprietorship, limited liability company, or another legal entity, and provide proof of business registration with the Slovak Commercial Register.

Proof of Sufficient Financial Resources:

Applicants must demonstrate that they have sufficient financial resources to sustain themselves during their stay in Slovakia. The required amount depends on the type of applicant:

For Individual Applicants:

Applicants must show funds amounting to 20 times the monthly subsistence minimum for living expenses.

• Current subsistence minimum: €273.99 per month.
• Required amount: 20 × €273.99 = €5,479.80.

For Company Representatives:

Applicants representing a company must prove they have 100 times the monthly subsistence minimum.

• Required amount: 100 × €273.99 = €27,399.00.

For Business Operations (if applicable):

Proof of sufficient funds is also required for the business itself. The amount depends on the type and scale of the business:

• €20,000 for sole proprietors.
• €100,000 or more for limited liability companies.

Financial resources must be demonstrated through bank statements, balance confirmations, or other financial documents showing the required amounts.

Accommodation Evidence:

Applicants must provide proof of suitable accommodation in Slovakia, such as a lease agreement, property ownership document, or a statement from a host.

Proof of Health Insurance:

Applicants must provide documentation of valid health insurance covering the duration of their stay in Slovakia.

Clean Criminal Record:

Applicants must submit a criminal record certificate from their country of origin and any country where they have resided for more than 90 days in the last three years.

Valid Travel Document:

A photocopy of a valid travel document, such as a passport, is required.

• Low cost of living;
• High safety;
• Path to citizenship;
• No minimum investment;
• Enhanced access to large economies;
• Freedom of movement (but not settlement) in Schengen.

Recent Photos:

Applicants must submit passport-sized photos (3×3.5 cm) taken in the last six months.