Buying in Czechoslavakia

[thomsk]

Can anyone advise as to whether it is necessary to have a document known as an SRO, if wanting to buy in Czech?
I know that this has something to do with setting up a company, and am not sure whether this HAS to be done or not.
Has anyone gone through the buying process before - and if so, are local banks very strict on their lending criteria, or is it best to try and get an overseas mortgage? Wondered what sort of LTV can be acheived, also.

 

[z105]

Hi thomsk,

Worth taking a look here http://en.wikipedia.org/wiki/Czechoslovakia if you are thinking of investing in the Czech Republic

Worth looking here too - [broken link removed] i'm sure they can point you in the right direction if they can't help you

 

[jhegarty]

Buying in Czechoslavakia....

First thing to do is check is the country still exists.... nope, not since 1992...

 

[ClubMan]

I don't think that Czechoslavakia, whatever about Czechoslovakia, ever existed as a country.

 

[thomsk]

Re: Buying in Czech Republic

Cheers, Havealaugh - some informative stuff there on Republic of Cheque.

 

[Gecko]

Make sure you double Czech next time

 

[Guest119]

Wherever you are investing, always check, mate.

 

[hythorn]

Czech word play hilarity aside

sro is not so much a document as a Czech private limited company.
sro means ltd.
in which case the document to which you are referring to would be the articles of association from your new Czech company.
opening a Czech limited company is an easy way to buy property.
there is another way through obtaining a residence permit but there is far more administration involved. For example obtaining a residence permit requires two visits to the Czech Republic