Slovakia

Located in the heart of Europe, Slovakia’s economic growth is outperforming neighbouring countries and to this end is attracting increasing amounts of Foreign Direct Investment. Since the country’s accession to the EU in 2004, investment into Slovakia has become easier and more appealing with the automotive industry becoming the largest car production per capita in the world.

Its tourist industry has also seen an increase in the number of visitors to both its cities and mountainous regions. UK visitors to Slovakia increased by 38% between 2006 and 2007 with foreign visitors to Bratislava increasing 60% since 2001.

The property market is experiencing high growth Rates as locals become increasingly wealthy and demand higher standards of housing. The mortgage market has rocketed as more and more locals are borrowing and more mortgage products become available. Capital appreciation in Slovakia was an average of 19.18% in 2007.

Click here to download Slovakia facts.

Why invest in Slovakia?

Why invest in Slovakia? Slovakia is a country which has benefited hugely from EU accession in 2004 and now has one of the fastest growing economies in Europe, easily outperforming all its neighbours.
Source: World Bank

Bank Crisis is bypassing Central and East Europe. New members of the European Union in Central and Eastern Europe have. so far avoided much of the upheaval caused by the crisis of confidence in the global financial system.
Source: The New York Times Oct 2008

"It is remarkable how little impact the crisis has had on the region as a whole", Eric Berglöf, the chief Economist of the European Bank for Reconstruction and Development.
Source: European Bank October 2008

Slovakia property undervalued. A recent analysis and comparison of property prices in the CEE and Continental Europe show Slovakia to represent excellent value for money with exceptional growth potential due to a number of economic factors. Source: Property Secrets August 2008 Europe’s Tiger economy of Slovakia currently ranks fourth in the table of GDP growth figures for EU member countries for last ten years and first for the two years 2007/2008 and foreseeable future.
Source: Euro stat Oct 2008