IndexPolitics in the Czech RepublicEconomy of the Czech RepublicBuying and renting property in the Czech RepublicSchools in the Czech RepublicWeather in the Czech RepublicThe Czech Republic is one of the most developed and industrialized economies in Central Europe. That the country is not only a popular tourist destination, but is also growing as a destination for expatriates, this will be discovered by expats moving to the Czech Republic. The Czech Republic, a small landlocked country, is the western part of the former Czech and Slovak Federal Republic (Czechoslovakia), which split to form two separate states in 1993. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Prague, the country's commercial, social and cultural capital, attracts hundreds of tourists who flock to admire its historic buildings and natural beauty, the center of which is the city's imposing castle. There are more historical monuments to see outside the capital; there are over 2,000 castles, fortresses and ruins, many of which are UNESCO World Heritage Sites. The population of the Czech Republic is made up of a majority of Czechs. other ethnic groups include Slovaks, Germans, Roma, Vietnamese and Poles. The main language is Czech. Older generations may not be able to converse in English, especially outside of the larger cities, while much of the younger Czech population is able to speak English, as it is taught in most schools. Prague, which is the European headquarters for many international companies, is where most expats will find themselves living. Politics in the Czech Republic In the Czech Republic, the President is the head of state and the Prime Minister is the head of government and the Czech Republic itself is a unitary parliamentary constitutional republic. The government of the Czech Republic exercises executive power and reports to the Lower House of Parliament. With the Chamber of Deputies (Poslanecká snemovna) composed of 200 members and the Senate (Senát) composed of 81 members, the Legislature is bicameral. The Parliament of the Czech Republic consists of both chambers. The political system of the Czech Republic is a multi-party system. Since 1993 the two largest parties are the Czech Social Democratic Party (CSSD) and the Civic Democratic Party (ODS). In early 2014 this pattern changed with the rise of the new political party ANO 2011 which led to the weakening of both major parties. The Czech Republic was classified as a "flawed democracy" in 2016 by the Economist Intelligence Unit. Economy of the Czech Republic The Czech Republic, with a GDP per capita rate equal to 87% of the European Union average, has a developed, high-income economy. Although the Czech Republic is the most stable and prosperous of the post-communist states, it recorded growth of more than 6% annually in the three years before the outbreak of the recent global economic crisis. Exports to the European Union, particularly Germany, and foreign investment drove growth while domestic demand recovered. Including banks and telecommunications, most of the economy has been privatized. In 2013 foreign owners were paid dividends of 300 billion Czech crowns. Since 1 May 2004 the country has been a member of the Schengen area having abolished border controls, completely opening its borders with all its neighbors (Germany, Austria, Poland and Slovakia). on December 21, 2007. On January 1, 1995, the Czech Republic became a member of the World Trade Organization. Buying and renting properties in the Czech RepublicRather than buying.