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  • About
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  • Home
  • About
    • Website Rules
    • Website Regulations
  • Our Services
  • Our prices
  • Contact

VOLEN CZ accounting services in Prague

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October 2022
Home 2022 October
02 October
Analytics, reviewsCzech RepublicLegislationNewsPayroll

Czech Government Raises Living Expense Standards: Impact on Residence Permit Renewal

by VOLEN CZ 0 Comments

 

For the fourth time this year, the Czech government is updating the living expense standards due to a sharp rise in inflation, which increased from 2.2% to 9.9% as of July 1, and by September 12, 2022, had reached 17.2%.

This means that for those needing to renew their residence permit after October 1, 2022, they will need to consider that the income amount required for renewal will increase.

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