Sunny Side Up | March 31
It's "Sunny Side Up" time! We're revisiting your favorite articles and pulling out the funniest, craziest, and most unexpected bits.
Welcome, Subscribers, to Sunny Side Up, and this week, we will explore three important topics: how the Czech Republic deals with people moving there, the problems Czech banks have with managing money, and helpful advice for succeeding in the Czech Republic. Learn more about these interesting subjects to understand better the Czech Republic's way of life.
1. Czech Republic's Response to Migration Crisis
During the 2015 migration crisis, the Czech Republic initially closed its borders but later extended a warm welcome to refugees fleeing the war in Ukraine. This shift highlights the country's adaptability and compassion in times of crisis. Discover more about the Czech Republic's evolving response to migration and its impact in the full article.
2. Czech Banks and Wealth Management Challenges
An interesting aspect about Czech banks is the disparity between inflation rates and savings account interest. While inflation in the Czech Republic exceeds 12%, savings accounts offer minimal interest, causing savers' money to lose value over time. We suggest exploring alternative investment avenues such as stocks or real estate to combat this issue. Discover more insights into how Czech banks manage this economic challenge and potential strategies for wealth preservation and growth in the full article.
3. Tips for Success in the Czech Republic
Explore Andrea Tkačuková's journey as the Co-Founder and CEO of Foreigners.cz, a relocation agency for expats in the Czech Republic. Despite not planning to enter this field initially, her company has thrived for 13 years, assisting over 17,000 clients with a team of 38 professionals across six office locations in the country. In an exclusive video, Andrea shares valuable advice for expats aiming to succeed in the Czech Republic. Her insights, though simple, are profoundly impactful, making this video a must-watch for anyone considering a move to the Czech Republic.
