Working in Slovakia for a corporation in Costa Rica
Can I live in Slovakia and work remotely for a company in Costa Rica?
Yes, it is possible, however we usually recommend double-checking the following points:
- You will be required to have a valid passport, a valid visa for Costa Rica and an active working permit for Slovakia.
- You will be required to have a bank account in Costa Rica.
- You will be required to have a contract signed by your employer in Costa Rica.
- You will be required to have a Costa Rican health insurance.
- You will be required to have a Costa Rican driving license.
- You will be required to have a Costa Rican tax number.
- You will be required to have a Costa Rican work permit.
- You will be required to have a Costa Rican cell phone plan.
- You will be required to have a Costa Rican bank account.
How to find remote work in Costa Rica while living in Slovakia?
Usually, it is feasible to get remote jobs in Costa Rica even though you are located in Slovakia. For that we ’ll give you some tips on how to find remote work in Costa Rica while living in Slovakia.
What is remote work?
Remote work is work done from a remote location. In remote work, the worker is not physically present at the workplace. This is different from working from home, where the worker is physically present at the workplace.
Why is remote work a good option for you?
You have the possibility to work from anywhere in the world.
You can work from a comfortable place with a good internet connection.
You can work when you want.
You can work in your free time.
How to get paid in Slovakia when working remotely for a corporation in Costa Rica?
You can get paid in Slovakia even if you are working for a company in Costa Rica, however , the process is not easy. You will need to open a bank account in Slovakia and a company in Costa Rica, which will make the process even more complicated.
You can get paid in Slovakia even if you are working for a company in Costa Rica, however, the process is not easy.
How do taxes work in Slovakia if I’m working remotely for a company Slovakia?
When working remotely in Slovakia for a firm based in Costa Rica, taxes might be tricky, therefore you need to make sure that you are paying the right amount of tax on your income.
Slovakia is a low tax jurisdiction, and therefore, the tax rates are not too high. However, the tax system in Slovakia is very complex and can be quite confusing to many foreigners, as it is quite different from the UK.
If you are working remotely in Slovakia for a company based in Costa Rica, taxes might be tricky, therefore you need to make sure that you are paying the right amount of tax on your income.
The Slovak tax system is not that complex, but it is not as simple as it might seem. You need to know the laws of the country where you are working, as it can be very different from the Slovak one.
What are the tax rates in Slovakia?
The tax rates in Slovakia are relatively low, and the system is simple. The flat rate income tax in Slovakia is 20% on the first €1500 of your income. After this, the rate increases gradually up to 50% on the income of over €10,000.
What are the tax rates in Slovakia if I’m self-employed?
If you are self-employed, you need to pay a tax rate of 28% on your income. However, if you are an entrepreneur, you need to pay an additional tax rate of 19%.
