Prague, Czechia
Retire in Prague
Last updated on Apr 22, 2023
Summary: Retirees are attracted to Prague, Czech Rep for its rich culture, vibrant nightlife, and stunning architecture. The weather in Prague is generally mild, with temperatures ranging from an average low of 32°F (0°C) in the winter to an average high of 73°F (23°C) in the summer. There are several retirement communities in Prague, offering a variety of amenities such as swimming pools, fitness centers, and social activities. The cost of a nice 2 bedroom home in Prague is typically around $200,000 USD, while a nice 3 bedroom home can cost around $300,000 USD.
What is it like to retire in Prague?
"Retirees in Prague and its surroundings enjoy a vibrant and active lifestyle. There is a large expat community in the city, offering retirees the opportunity to meet people from all over the world and make new friends. Prague is home to a wide variety of cultural attractions, from the historic Old Town Square to the modern Dancing House. There are plenty of recreational activities to enjoy, such as walking along the Vltava River, visiting the many parks and gardens, or taking a boat ride on the river. For those looking for a night out, there are plenty of bars, clubs, and restaurants to explore," commented one retiree living in Prague, Czechia.
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What advice do overseas retirees have for others considering retiring abroad?
"Retirees in Prague advise others considering retiring abroad to research the cost of living in the area, as well as the availability of healthcare and other services. They also suggest getting to know the local culture and customs, as well as learning the language if possible. Additionally, they recommend finding a community of like-minded people who can provide support and friendship. Finally, they suggest taking advantage of the many cultural and recreational activities available in Prague, such as visiting museums, attending concerts, and exploring the city's many parks and gardens," said one retiree in living in Prague, Czechia.
"Start small. Don't invest too much money before you get a feel for the new country. Consider renting a home in the area to test it out before making any major decisions. Research the taxes and costs of living thoroughly, as these can vary depending on the country. Be sure to look into residence and work permits, as well as any currency exchange and banking regulations. Prioritize your needs and check out the amenities available in the area to make sure it suits you. Make sure to plan for health insurance - many countries require a coverage plan as a condition of residency. Don't forget to factor in possible trips back home - having a sturdy plan for financing these visits should be a priority. Finally, take the time to familiarize yourself with the local language and culture, as doing so will make settling into your new home much easier," explained a retiree in Prague.
What are the most challenging aspects of retiring in Prague?
"One of the most challenging aspects of retiring in Prague is the language barrier. Although English is widely spoken, Czech is the official language and many services and activities may require knowledge of the language. Additionally, the cost of living in Prague is relatively high, making it difficult to live comfortably on a fixed income. Furthermore, the healthcare system in Prague is not as comprehensive as in other countries, and it can be difficult to find quality medical care. Finally, the cultural differences between Prague and other countries can be difficult to adjust to, and it may take some time to become accustomed to the local customs," explained one retiree living in Prague.
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What are the most rewarding aspects of retiring in Prague?
"Retiring in Prague offers a unique opportunity to experience the city's rich culture and history. With its cobblestone streets, stunning architecture, and vibrant nightlife, Prague is a great place to spend your retirement. The city is also home to a wide variety of restaurants, cafes, and shops, making it easy to find something to do. Additionally, Prague is known for its affordable cost of living, making it a great place to retire on a budget. Finally, the city is well-connected to the rest of Europe, making it easy to explore the continent during your retirement," explained a retiree in Prague.
What are healthcare services like in Prague?
We asked retirees if they have access to good medical care in Prague. They wrote:
"Healthcare services in Pragueublic are of a high standard. The city has a number of public and private hospitals, clinics, and medical centers that offer a wide range of medical services. The public healthcare system is free for all citizens and is funded by the government. Private healthcare is also available and is often more expensive than public healthcare. Prague also has a number of specialized medical centers that offer specialized treatments such as fertility treatments, plastic surgery, and dentistry. In addition, there are a number of pharmacies and health stores that offer a variety of over-the-counter medications and health products," remarked one retiree in Prague.
How do I meet people in Prague?
When we asked people living in Prague about club and activities where newcomers can meet others, they responded:
"Expats in Prague often join clubs and activities such as language exchange groups, international book clubs, and outdoor activities like hiking and biking. Expats can also meet people by attending events such as concerts, art exhibitions, and festivals. Additionally, many expats find it helpful to join online forums and social media groups to connect with other expats living in Prague. Finally, attending networking events and joining professional organizations can be a great way to meet people and build relationships," explained a retiree in Prague.
What is life like in Prague?
When we asked people living in Prague what life is like and how people spend their time, they said:
"Prague is a popular destination for expats and digital nomads due to its vibrant culture, affordable cost of living, and excellent public transportation system. The city is full of interesting sights, activities, and events, making it an ideal place to explore and experience the local culture. Expats and digital nomads can find a wide range of accommodation options, from shared apartments to luxury apartments, to suit their budget and lifestyle. The city also offers a variety of job opportunities, from freelancing to full-time positions, making it a great place to start a career. With its excellent infrastructure, Prague is a great place to live and work, and many expats and digital nomads find it easy to settle in and make friends," said one retiree in living in Prague, Czechia.
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What do I need to know before retiring in Prague?
When we asked people what advice they would give someone preparing to move to Prague, they said:
"Before retiring in Prague, expats should familiarize themselves with the local language, Czech. Although English is widely spoken, it is beneficial to learn some basic Czech phrases to make daily life easier. Additionally, expats should research the cost of living in Prague, as it is higher than in other parts of the Czech Republic. It is also important to research the healthcare system in Prague, as it is different from other countries. Finally, expats should consider the climate in Prague, as it can be quite cold in the winter months," explained one retiree living in Prague.
What type of recreational activities are there in Prague?
"1. Letná Park: Letná Park is a large green space located on a hill overlooking the Vltava River, offering stunning views of the city. It is a popular spot for picnics, jogging, and outdoor sports like tennis and skateboarding. 2. Riegrovy Sady: Riegrovy Sady is a spacious park in the Vinohrady neighborhood, featuring large grassy areas, playgrounds, and a beer garden. It is a popular spot for locals and tourists to relax, sunbathe, and enjoy outdoor activities. 3. Stromovka Park: Stromovka Park is a vast, leafy park in the Bubene? district, offering a peaceful escape from the city. It features walking and cycling paths, ponds, and playgrounds, making it an ideal spot for families and nature lovers. 4. Pet?ín Hill: Pet?ín Hill is a popular recreational area with beautiful gardens, walking paths, and panoramic views of Prague. It is home to the Pet?ín Lookout Tower, a smaller replica of the Eiffel Tower, and the Mirror Maze, a funhouse attraction. 5. Prague Zoo: The Prague Zoo is a world-class facility located in the Troja district, featuring over 5,000 animals from around the world. It offers a range of exhibits, educational programs, and interactive experiences for visitors of all ages. 6. Aquapalace Praha: Aquapalace Praha is a large indoor water park located just outside of Prague, featuring a variety of water slides, pools, and wellness facilities. It is a popular destination for families and visitors looking for a fun day out. 7. Vltava River: The Vltava River is the heart of Prague, offering a range of recreational activities such as boat tours, paddleboarding, and riverside walks. Visitors can also enjoy scenic views of the city's historic landmarks from the riverbanks or the many bridges that cross the river. 8. Divoká Šárka: Divoká Šárka is a beautiful nature reserve located on the outskirts of Prague, featuring rugged cliffs, forests, and a picturesque lake. It is a popular spot for hiking, rock climbing, and swimming during the summer months. 9. MeetFactory: MeetFactory is a contemporary art and cultural center located in a former industrial building in Prague's Smíchov district. It offers a range of exhibitions, performances, and workshops, as well as a skate park and outdoor graffiti wall for visitors to enjoy. 10. O2 Arena: The O2 Arena is a multi-purpose venue in Prague, hosting a variety of sporting events, concerts, and other performances. It is one of the largest and most modern arenas in Europe, offering a range of entertainment options for visitors to the city," remarked one retiree in Prague.
Where will I buy groceries and do other shopping in Prague?
"Expats in Prague can buy groceries and do other shopping at various places around the city. One popular option is Billa, a supermarket chain offering a wide range of products, including fresh produce, meat, and dairy. You can find Billa stores throughout the city, and their website is available at https://www.billa.cz/. Another option for grocery shopping is Albert, another supermarket chain with a good selection of products at reasonable prices. Their website can be found at https://www.albert.cz/. For those looking for organic and health food options, Country Life is a popular choice. They have several locations in Prague and offer a variety of organic and vegetarian products. Their website is https://www.countrylife.bio/. In addition to supermarkets, expats can also shop at local farmers' markets, such as the popular Naplavka Farmers Market, which takes place every Saturday along the Vltava River. Here, shoppers can find fresh produce, homemade goods, and artisanal products. More information can be found at https://www.farmarsketrziste.cz/en/naplavka-en. For other shopping needs, expats can visit the Palladium Shopping Center, located in the city center. This mall features a variety of international and local brands, as well as restaurants and entertainment options. Their website is https://www.palladiumpraha.cz/en/. Another popular shopping destination is Nový Smíchov, a large shopping mall located in the And?l neighborhood. It offers a wide range of shops, restaurants, and a cinema. More information can be found at https://www.novysmichov.eu/en/," said one retiree in living in Prague, Czechia.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
