Posts by globetrekker

globetrekker

12 Jun 2017

Life / Settle in Poland, which city is best? [30]

@delphiandomine

I suggest you read the Convention carefully. Your were talking about the Polish income for UK resident, not the UK income for Polish resident. They are different.

Polish income for UK resident:
"Polish tax payable under the laws of Poland and in accordance with this Convention, whether directly or by deduction, on profits, income or chargeable gains from sources within Poland (excluding in the case of a dividend, tax payable in respect of the profits out of which the dividend is paid) shall be allowed as a credit against any United Kingdom tax computed by reference to the same profits, income or chargeable gains by reference to which the Polish tax is computed."

UK income for Polish resident:
"Where a resident of Poland derives income which, in accordance with the provisions of this Convention is taxed in the United Kingdom, Poland shall, subject to the provisions of sub-paragraph (b) of this paragraph exempt such income from tax."

globetrekker

12 Jun 2017

Life / Settle in Poland, which city is best? [30]

@DominicB

I'm EU citizen so I don't need visa to retire in Poland. I never planed to learn Russian in Poland, only Polish in Poland. But I will travel very often to Ukraine and Russia to learn Russian. I feel Poland is most similar to Russia within EU overall more about the culture/values and people not the language. I've been to Baltics, the Russian community there is very segregated from main stream society, similar like China town in London, but the mainstream society is very different from Russia. Long term I wish to settle in Russia after mastering the language. As once the language barrel is cleared, there will be much more possibility to get Russian residency to settle in Russia. But right now, I think Poland is very good place as a bridge for my long term plan, and the geolocation is very good as a base hub to travel around the world.

globetrekker

12 Jun 2017

Life / Settle in Poland, which city is best? [30]

As my savings and investment are all in the UK, there is UK/Poland double tax convention in place, so I would not be taxed in Poland no matter I'm tax-resident or not. I think the Convention also protects so many Polish making money in the UK to avoid being taxed again if they choose to go back to Poland.

Also the Convention says the taxed income in the UK is exempted to be taxed in Poland, not saying the tax paid in the UK can offset the tax in Poland in the form of tax credits.

globetrekker

12 Jun 2017

Life / Settle in Poland, which city is best? [30]

@Ziemowit
As I said, I like to travel, so I doubt I would be able to spend time in Poland more than 6 months a year to become tax-resident. Also there is UK/Poland double tax convention, income taxed in the UK is exempt from tax in Poland even one becomes tax-resident in Poland.

gov.uk/government/uploads/system/uploads/attachment_data/file/500343/uk-poland-dtc_-_in_force.pdf

I choose Lublin because it's close to both Ukraine if I travel eastwards and Warsaw (if I travel worldwide). And it also has a lot of universities for me to learn the language. But I wish to hear if there are any better choices.

globetrekker

12 Jun 2017

Life / Settle in Poland, which city is best? [30]

Maybe you misunderstood my post. I'm essentially planing to retire in Poland although I'm still very young and I have savings and income elsewhere. I don't understand why you think I would take advantage of Polish taxpayers as I will actually net contribute to Polish economy by bringing my money into Poland.

According to this, you never pay tax twice on same income from other EU countries in Poland.
europa.eu/youreurope/citizens/work/taxes/income-taxes-abroad/poland/index_en.htm

globetrekker

12 Jun 2017

Life / Settle in Poland, which city is best? [30]

I plan to settle in Poland, my situation is, I don't plan to work or earn money in Poland, so I don't care about the economic prosperity of the city, but I want to live in a city with more relax atmosphere, better natural environment, more traditional culture and nicer people. I like to travel worldwide, so I need to be close to major transportation hub, I also specifically like Ukraine and Russia, but right now I don't have residency of either of them and have no way to settle there, so Poland is as close I can to have similar feeling within EU. But I still want to access Ukraine and Russia easily and frequently from Poland. Although my ultimate goal is to master Russian language one day, I still need to learn Polish language while living in Poland, so the city should also have convenient facility for me to learn the language.

So far I have filtered my candidate city to Lublin, but I want some advises to make sure it's the best choice or maybe there are better choices I missed.