Czech Republic is the result of Velvet Divorce of January 1993, when the erstwhile Czechoslovakia was divided into two sovereign nations – the Czech Republic and the Slovak Republic. The Velvet Revolution started in 1989 with the installation of democratic government under the leadership of President Václav Havel in place of the communists.
The country is better known for its immense cultural heritage enriched by classical composers, like Dvořák, and writers, like Kafka. The capital city of Prague is a culture-lovers’ paradise with some of the best museums, and art galleries that host concerts and other events throughout the year. Czech Republic also hosts a number of UNESCO World Heritage Sites, including Český Krumlov, Litomyšl Castle and the Pilgrimage Church of St. John of Nepomuk at Zelená Hora. Several mystic castles and architecturally brilliant churches dot the landscape of Czech Republic. The early settlements in Kutná Hora are a must-see for the history lovers.
A day trip to places, like the great western spa town of Karlovy Vary and Mariánské Lázne, is worth every penny and every second spent. Some of the other magnificent hotspots in the country include the river valleys of the Labe (Elbe) and Vltava (Moldau), Šumava Mountains of south Bohemia known for their beautiful skiing resorts, a heavenly view of country’s hilly landscape, and mesmerizing scenery throughout the Czech Republic.
In the northeast of the country, the Bohemian Paradise (Český Ráj) offers some of the best hiking and climbing opportunities. Eastern Czech Republic is popular for its agricultural region of Moravia that has some marvelous wooded highlands to explore. The region also has expansive vineyards, princely castles, and plenty of folk art to keep the visitors interested. The relaxed pace of life in this area is perhaps, the most sought after attraction for the urban dwellers. Another great spot in this region in Brno that acts as a base for the visitors keen to visit historically significant towns of Olomouc, Telc, and Kromeríz.
The country has recently witnessed a period of inflation, but prices are comparatively still lower and Czech republic is definitely an attractive investment destination.