fbpx

Articles

One-time investment vs. regular investment

Many clients who approach me with the intention to invest have saved up a long-term reserve in their bank account which they do not intend to spend …

 Read More

Pension - Employee vs. Entrepreneur

The Slovak pension scheme is based on three separate pillars. Mandatory public pillar (1st pillar), old-age pension saving system (2nd pillar) and …

 Read More

Mortgage for SZČO - self-employed Person

How do banks assess the income of self-employed individuals (SZČO) in terms of a mortgage application? Is it necessary to pay high taxes? What …

 Read More

Mortgage requirements for Expats

Banks can and do lend to foreigners as well. However, the conditions are stricter compared to local nationals and are internally set by each bank. …

 Read More

What is a mortgage cross-sell?

Over the past few years, banks’ revenues from mortgages have been on the decrease. It is due to an intense competition between banks as well as the …

 Read More

Mortgage in Slovakia - general requirements

As far as applications for a loan product (including mortgage loans) are concerned, each bank has its own (internal) methodology, while being …

 Read More