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Living in Poland without working? - Your opinion


opts 10 | 260  
30 Jul 2006 /  #1
In your opinion, how much money, in dollars or euros, should a 50 years old person bring with him to Poland, so he can live in Poland without working?

How/where would you invest in Poland? Would you invest in Poland?
bolo 2 | 304  
30 Jul 2006 /  #2
It depends how long you're going to live :).
mmm  
30 Jul 2006 /  #3
It depends if you assume you already have a place to live or you first have to buy a house/apartament. Also if you're going to stay single or not. Regarding investment - hmm, probably real estate (but nobody knows how long it's going to take for the real estate in Poland to increase significiantly - it may be 10 or 50 years so investing money for the future is not that good idea).
Shelley  
31 Jul 2006 /  #4
It depends how long you're going to live

from the previous postings - not very long by the sounds of it! So probably a couple of hundred dollars!
Wujek_Dobra_Rada  
31 Jul 2006 /  #5
How/where would you invest in Poland? Would you invest in Poland?

I you don`t want to do absoloutely anything for the next 35 years - and buy a house.. as well as you want to have c.a. 5000 PLN at your disposal each month - which would guarantee you a good living here.. and if you take the inflation, the lowering of the price of the $ to the PLN.. the intrest rates and the alternative costs - you`d need around 800K-1000K dollars.

If you`d like to live just like an average pearson here - and do nothing having c.a. 2500 PLN per month, you`d need c.a. 400K-500K dollars.
lef 11 | 478  
31 Jul 2006 /  #6
Sorry opts Treat this information with a grain of salt, perhaps somebody living in poland who knows what he is talking about could give you a better picture.
Tlum  
31 Jul 2006 /  #7
So probably a couple of hundred dollars!

You mean a week or a day? :)
rafik 18 | 589  
31 Jul 2006 /  #8
lets put it that way.if you want to live in a big city like warsaw-it will cost you a lot but if you want to live in a small town or village thas much less.

lets put aside cost of buing a house/flat.
it also depends if you like eating out or cooking at home,if you like travelling ,flashy cars ect.
if you are thinking of living a simple life in a small town 2500-3000 zl a month would do but this doesn't include extra costs like lets say eating out and holidays abroad.

another question is if you have a big family or you are alone.
i am not sure about a cost of living in big cities-probably 4000-5000zl would be enough

The mass exodus of Poland's best and brightest young people to Britain - about half a million are estimated to have come here - is beginning to cause alarm back home.

i read it already but what it has to do with the question asked by opts?
he doesn't ask about how much polish people earn but how much to take to live a good life in poland WITHOUT struggling
lef 11 | 478  
31 Jul 2006 /  #9
i read it already but what it has to do with the question asked by opts?
he doesn't ask about how much polish people earn but how much to take to live a good life in poland WITHOUT struggling

Thats the question, and I think someone living in poland should give the best answer.

A primary school teacher earns 900zl a month and now I am hearing that you need 5000zl to live a comfortable lifestyle,

From the previous post, living in poland seems to be more expensive than living in Australia.

From what I know, You would probally need to have about 450,000zl to buy a home in the country regions and between 1m zl to 2m zl in city areas.

Cost of living per month (excluding medical insurance)
probally about 3000zl a month.(couple)
like I say, that is my experience.
rafik 18 | 589  
31 Jul 2006 /  #10
probally about 3000zl a month.(couple)

is it not what i said?
for warsaw it is not enough for a couple to live a good life.you can't do anything apart from surviving.of course it is possible to survive for 1500zl/per month but this is not the point

A primary school teacher earns 900zl a month and now I am hearing that you need 5000zl to live a comfortable lifestyle,

mind you the cost of renting a flat in warsaw used to be about 1000zl/month( i am not what it is now) so to survive two people must work.

if you are thinking of living a simple life in a small town 2500-3000 zl a month would do but this doesn't include extra costs

there you go
lef 11 | 478  
31 Jul 2006 /  #11
there you go

rafik are you aware how much a retired persons receives ie from government or from private pension scheme.

On the figures of 2500 to 3000zl, poland is a very expensive place to retire in;
OP opts 10 | 260  
31 Jul 2006 /  #12
Thank you all. I appreciate your input. Great Job. :)
Wujek_Dobra_Rada  
1 Aug 2006 /  #13
..Hmmm. Just for the record - unlike this troll (lef) - I`m Polish and I`m living in Poland.

..this BBC "report" has been posted here some time ago - and it is a sensation seeking bullshit - cose that 900 PLN is obviously the amount that the teacher earns after tax - and only junior teachers in provincional small towns earn that amount of money.

If we would compare that 900 PLN to the earnings in the US then this would look the following:

- the teacher earns 1200 PLN before taxation (which incloudes his health insourence as well as the cost of education for his children).. 1200 PLN is $390 ..the cost of living in a provincial small town in Poland are about 30%-40% (depends on what kind of province we`re talking about) of the average costs in the US.. so this $390 in the US would be comparable to 390/0,3 = $1300; 390/0,4 = $975

..in other words this teacher is able to live at a similar level in Poland as a pearson in the US who earns between $12000-$16000 per year - which is not much - but as said we`re talking here about a junior teacher. Teachers who work many years earn much more.

------------------------------------

This 5000 PLN and 2500 PLN per month guarantee a good and average living in cities above 200.000 people. If you`d live in the country you`d need less - but it`s better to have more - cose you can not predict how the value of your money will look like in 30 years from now.
Shelley  
1 Aug 2006 /  #14
..in other words this teacher is able to live at a similar level in Poland as a pearson in the US who earns between $12000-$16000 per year

so thats about - between 6K - 8K sterling?? but I suppose it's all relative really
Dee - | 11  
1 Aug 2006 /  #15
$12000-$16000 is considered to be poverty level in the states and these people earning that type of money find it very difficult to live on this amount, let alone raise a family.
Shelley  
1 Aug 2006 /  #16
Dee

It's all relative - the cost of living in Poland is somewhat lower than that in the UK, that's not saying that the standard is lower I would say far from it
Wujek_Dobra_Rada  
1 Aug 2006 /  #17
so thats about - between 6K - 8K sterling?? but I suppose it's all relative really

Yes - something around that.

$12000-$16000 is considered to be poverty level in the states and these people earning that type of money find it very difficult to live on this amount, let alone raise a family.

Those are only the earnings of a junior teacher - in the first year. After 10-14 years he earns twice as much:

and here are the most common (median) teacher incomes in the bigger cities
Wujek_Dobra_Rada  
1 Aug 2006 /  #18
It's all relative - the cost of living in Poland is somewhat lower than that in the UK, that's not saying that the standard is lower I would say far from it

The $12000-$16000 is the yearly earning of a teacher in his firs year if there would be no differences in living costs and the teacher who`s living in a small town would be an average pearson (he would be the average pearson - which would allow him to be comparable to an average American)

But as said, after 10-14 years this average teacher is earning double as much.
hello  
1 Aug 2006 /  #19
But as said, after 10-14 years this average teacher is earning double as much.

Possibly, but in 10-14 years the money he makes (even double) would in fact be worth not 100% but 60% more.
Wujek_Dobra_Rada  
1 Aug 2006 /  #20
No.. It`s simple:

If you`re a new teacher then during the first year you`re reciving 1200 PLN per month.

And if you`re a teacher with a 10-14 years of experience you`re earning almost twice as much.
leg  
1 Aug 2006 /  #21
$12000-$16000 is considered to be poverty level in the states and these people earning that type of money find it very difficult to live on this amount, let alone raise a family.

That sort of money for a person living in poland would be excellent.
Wujek_Dobra_Rada  
1 Aug 2006 /  #22
Well, I know that reading is a very hard thing for some people, but this is exacly what a Polish teacher - with 0 experience - earns during his first year if you`d take out the differences of the costs of living between Poland and the US.
mmm  
1 Aug 2006 /  #23
But they have practices in school so it's not exactly "0 experience".
Wujek_Dobra_Rada  
1 Aug 2006 /  #24
Ok - then I will put it this way: "0 experience (if you don`t count the practices they had during their study to become teachers)"
lef 11 | 478  
1 Aug 2006 /  #25
Getting back to the original question, it seems a person returning to live in poland would need to bring back over 1m us dollars... now folks thats a lot of money which most people living in the west would'nt have...does this mean that it is too expensive to return to poland?
sernik  
7 Sep 2006 /  #26
can someone please tell me the current exchange rates on these in PLN or zloty?

Australian $1.00 =

US $1.00 =

Sterling Pound =

Euro =
Tlum  
7 Sep 2006 /  #27
Australian $1.00 = 2.40 PLN

US $1.00 = 3.10 PLN

Sterling Pound = 5.85 PLN

Euro = 3.95 PLN
TzimmisP  
14 Sep 2006 /  #28
hello everybody! i am greek and i am going to go to Lodz with the erasmus program.I will have accomondation for free to a friend where.As a student how much money i need per month to have a good living?
bolo 2 | 304  
14 Sep 2006 /  #29
Depends on your needs. Do you party a lot? :) I would say per one person a month in Lodz -- 2000 zl or 100 a day for comfortable living.
TzimmisP  
14 Sep 2006 /  #30
yes i want party a lot!with 2.000zl and free accomondation it wiil be good?

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