One of the legal requirements in Slovakia regarding a residence permit is that you need to prove your financial independence during your residence in Slovakia. It does not matter if you apply for residence permit to make business or work or study in Slovakia.
If you apply for residence permit in Slovakia to make business you shall prove by bank statement that shows enough finance to make business in Slovakia and the second bank statement that shows enough finance for your personal stay in Slovakia.
You can make business in Slovakia as a legal entity or as a sole trader. We described the basic difference in one of our articles.
Regarding finance, the law requires higher finance amount on the bank estrait for legal entity than for sole trader.
In case you apply for work residence permit in Slovakia, your employer undertakes the obligation to pay you the agreed amount given in the employment contract. At this type of application, the draft of employment contract or employer´s promise is enough.
If you apply for student residence permit in Slovakia you need to have finance for your stay and for all situations you cannot rely on the social help of the state.
This is the basic requirement to provide full documentation regarding your application for residence permit in Slovakia.
Then, there are additional costs that you need to pay such as your accommodation in Slovakia and insurance fee, fee for renting an office ( if you make business), medical certificate, etc.
Don´t hesitate to contact us for further information.