Real Estate /
Changes to mortgages for EU citizens in Poland with foreign income. [34]
Have you tried using a mortgage broker. We did a few years ago and were accepted by GetIn Bank for a mortgage (the only bank that would allow us). It was a very lengthy and expensive exercise but allthough we didnt actually need a mortgage due to our financial position it will be beneficial to our tax position in the future.
We have one bank account with ING bank where we have both Zloty and Sterling accounts, other banks we have only Zloty accounts.
This part you dont wish to hear but I feel you should be aware of, a UK Gov't pension (police,army etc.) is allways taxed first in the UK-no exceptions, now some countrys will not tax you again on this pension, Poland has not adopted this policy yet. You are therefore liable to Polish tax on this pension but as the UK has allready taken tax you will be allowed that amount to deducted from what is owed in Poland. this is the double taxation agreement.
All other pensions i.e. state and private can be taxed at source or payed net-you do not get to choose which, HMRC will decide with the country you have decided to retire to-eventually!
The letter of law states that your 'centre of economic interest' in your case is Poland therefore you will be liable to tax in Poland on any monies earned on your whole worldwide income-pensions are regarded as income.
We have spent a good deal of money to get factual advice from one of the top tax companies with offices worldwide, I also work for the UK Gov't.
I say this merely because it might have a financial effect on what you do next.
I forgot to add you can get a decision in writing from the Polish tax office of your own individual case, this is legally binding. Our tax advisors had this paperwork on our case because it is rather more complicated.