Relocating to Slovakia

0% TAXATION FOR PENSIONERS

If you are a private-sector retiree, you have many good reasons to relocate to Slovakia:

• Permanent 0% taxation rate;
• Low cost of living;
• Residence permit issued once a rental contract or a hosting rental agreement is signed by the landlord (which can even be just a room, e.g., €100/month);
• Tax return required only for income from stocks and/or bonds not taxed in the source country.

If you want to learn more and start planning your relocation to Slovakia in retirement, contact us now!

To relocate to Slovakia and get the tax incentives on your pension as provided by law, you must have:

• A private-sector pension;
• A year-long housing contract or hosting rental agreement;
• A valid passport.

Life in Slovakia

Slovakia is a parliamentary republic and has a population of about 5 million, covering an area of about 49,000 square kilometers.

Its capital is Bratislava: a flat, not-too-large city of quaint squares and alleys, full of bars, restaurants, and services of all kinds.

Bratislava has attracted many expatriates due to its role as Slovakia’s business and economic center, the presence of international companies, and its proximity to Vienna and other European capitals.

This EU-member country is located in the center of continental Europe and is an OECD member that has used the euro since 2004.

Finding a house for rent in Slovakia

To obtain tax residence in Slovakia, you can either sign a long-term rental contract or opt to rent a single room via a hosting rental agreement.

The trip to Slovakia to find housing

This is a trip taken as a future resident. On it, you will evaluate long-term rentals (with a contract of at least one year), which is a prerequisite to begin your relocation paperwork.

Our on-site professionals will assist you step by step as you make your relocation a reality: from house hunting to the essential information you need to get around independently and safely, in each of our locations.

REFRAMED can also book airline tickets and local lodging for you.

Transferring residency

Our Relocation package includes end-to-end logistical and bureaucratic support to achieve your relocation to Slovakia as a retiree.

The possibility of obtaining a tax-free private pension in Slovakia is based on:

1. The bilateral agreement between your country and Slovakia, which is a treaty to avoid double taxation. This agreement stipulates that private-sector pensions can be transferred and made taxable only in the country of residence. However, public-sector pensions usually are excluded in almost all treaties.
2. Tax exemption: pensions in Slovakia are exempt from income tax.

If you would like to learn more and plan your relocation to a low-or-no-tax foreign country as a retiree, contact us!