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The amount is indexed twice a year alongside the living minimum

Prechodný pobyt
— podnikanie in Slovakia

Financial security is calculated as a multiple of the životné minimum: 20x for sole traders (€5,904.40) or 100x for LLC directors (€29,522). The residence permit is issued for up to 3 years.

Sole trader from
€5,904/yr
LLC director from
€29,522/yr
Stay requirement
up to 3 years
Living minimum (2026)
€295.22/mo

Three security levels — by activity type

The financial requirement rises with the level of liability: a personal account for residence, separate higher amounts for running a business.

SCENARIO
MULTIPLE OF ŽM
2026 AMOUNT
Personal account (residence over 1 year)
MULTIPLE OF ŽM12x ŽM
€3,542.64
Sole trader (self-employed business activity)
MULTIPLE OF ŽM20x ŽM
€5,904.40
Commercial company director
MULTIPLE OF ŽM100x ŽM
€29,522

What the process consists of

Proof is a bank statement at a Slovak or foreign bank in the applicant’s name, separate from administrative fees.

COST ITEM
RATE
APPLIES TO
Residence permit application fee
RATE~€165
per applicant
Business registration (živnosť/s.r.o.)
RATEdepends on the form
per business
Bank statement legalisation (if foreign bank)
RATE~€50–100
per applicant

How the process runs

01
Choosing an activity form
Sole trader (živnosť) at 20x ŽM, or director of an s.r.o. (LLC) at 100x ŽM.
02
Preparing financial proof
A bank statement in the applicant’s name, at a Slovak or foreign bank.
03
Registering the business in Slovakia
Setting up the trade licence or founding the company before filing for residence.
04
Filing for Prechodný pobyt
With business and financial-security documents.
05
Receiving the permit for up to 3 years
With renewal available while the business and financial indicators are maintained.

A good fit if

You plan to operate as a sole trader (živnosť) with security from €5,904.40/year.
You plan to found/lead an s.r.o. (LLC) with security from €29,522/year.
You have a bank statement in the applicant’s name confirming the required amount.
You are prepared to check the current amount before filing — the living minimum is revised twice a year.

A poor fit if

Your security is below what your chosen activity form requires — sole trader and LLC director have different, non-interchangeable thresholds.
You are relying on an outdated living-minimum figure — it is officially indexed on 1 January and 1 July each year.
You want plain residence without running a business — this route is specifically for business activity, not a general residence permit.
You cannot register a business in Slovakia before filing — business registration is a prerequisite step, not a consequence of obtaining residence.

Who runs this programme

Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.

No matching firms in the directory for this category yet — the list is curated by hand and grows over time.

This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.

Frequent questions

Why is the amount expressed as a "multiple" of the living minimum?

Because Slovak law uses the životné minimum as a calculation base — an official government figure revised twice a year, rather than a fixed euro sum that would go stale.

How often does the living minimum change?

1 January and 1 July every year, set by the Ministry of Labour (MPSVR SR). The figure on this page is current for the period from 01.07.2026.

What is the difference between the sole-trader and LLC-director thresholds?

A sole trader (self-employed activity) requires 20x ŽM; a commercial company director (s.r.o.) requires 100x ŽM — five times more. The difference reflects the different level of corporate liability.

Can funds be confirmed via a foreign bank account?

Yes — a statement is accepted from either a Slovak or a foreign bank, in the applicant’s name.

How long is the residence permit valid?

Up to 3 years, with renewal available while the business and the corresponding financial security are maintained.

Do I need to register the business before filing for residence?

Yes — registering the trade licence or founding the company is a prerequisite required before filing for Prechodný pobyt.

Sources

Figures are for reference only. Verified against official sources on 27 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.