Real Estate Purchases

The division of interest between the founders of the charter capital, the registration entity will directly reflect their share in the transaction of real estate purchase. That is, simple words, the percentage of share ownership entity will be equal to the percentage of market value at the time of purchase or at the time of its sale. Requirements for Czech banks working with foreign citizens of the mortgage lending: 1. There is a legal entity in the Czech Republic (the best of the new, zero-balance sheet) 2. Residence in the Czech Republic (annual or biennial multi visa number 65) 3. Gains documented by the country that is permanently registered foreign national (income statement, employment contract, cash disbursement vouchers). Proof of income received in the Czech Republic, no required, but when considering the issuance of a mortgage, they can affect positive decision.

The maturity of a mortgage loan to be entered into contract with the bank depends on the age of founders firm on which the property is issued. If you wish to obtain a mortgage for a period of 30 years of age of the founders should not exceed 40 years. Indirectly, the decoration for a foreigner in the Czech mortgage bank, will have a value: 1. Availability Higher education received at home and confirmed (nostrify) in the Czech Republic. 2. Seniority, which may be reflected in the employment contract, and in the workbook. 3. Position in organization, which confirmed the income of the citizen. 4. The two-year multi visa number 65 on the basis of information received, the bank decides to grant a mortgage, and if the positive decision, the bank defines "interest group" for the mortgage entity.