June 21, 2022
According to a survey by the Czech National Bank (NB), the Czech Republic is becoming a less appealing location for international investors, with many preferring Poland or other surrounding nations. At the same time, Czech enterprises and citizens choose to invest their excess funds in foreign stocks rather than domestic securities.
“The Czech Republic’s low attractiveness for new direct investment is becoming increasingly clear,” the National Bank of the Czech Republic (NB) writes in its 2021 balance of payments report.
The Czech Republic’s chances of attracting foreign investment have been hampered by a mix of unfavorable conditions, according to the central bank.
The NB study also stated that a large amount of capital was leaving the Czech Republic. Investments by Czech enterprises overseas increased about fourfold between 2010 and 2020, with more than half of the investments coming in the form of loans to foreign subsidiaries.
Source: Expats.cz news
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