Hi there,
I am wondering if you proceeded with your property quest in the czech republic?
I am looking into property out there myself and I am wondering if its a good deal...I have looked at other places such as Bulgaria, Montenegro and the guar. yeild in the czech ski resort of 7% for 3 years seem to be the best around.
There is also projected property increase of 12-15% per year.
However you go have to set up a limited company to own property out there which costs around 2k. Does anyone have any other information on this?
Capital Gains tax is exempt if you hold onto the property greater than 3 years however you are then caught for corporation tax @ 15%.
Any thoughts on this?