matina
13 Jul 2010
Law / Foreign retirees taxed in Poland? [25]
Nierozumiem makes a good point, there are many beautiful places where anyone, foreigner, or not, are welcome with open arms, anyone willing to move there for as long as they wish without paying tax penalty. As I gather Poland has much more appeal for Polish people who want to return to their roots, family, etc than for anyone else, so when I first got interested in the idea I was expecting the Polish Gov to actually offer some incentives of sort to returning Poles and to other people who'd like to retire in Poland, but it seems the opposite.
I was informed by Treasury Ministry (Wydzial Skarbu Panstwa) representative that any SS from USA, pensions, Roth, etc. once transfered to Poland as such are treaded as any other kind of income, exactly as many of you said. I was also told that there are 2 tax brackets in place.. funds up to 85,000 PLZ (after exchange rate) are taxed at 18% and 85,001PLZ + is taxed at 32%. Anything below 3,000PLZ per year is free from taxes. Go figure.
Nierozumiem makes a good point, there are many beautiful places where anyone, foreigner, or not, are welcome with open arms, anyone willing to move there for as long as they wish without paying tax penalty. As I gather Poland has much more appeal for Polish people who want to return to their roots, family, etc than for anyone else, so when I first got interested in the idea I was expecting the Polish Gov to actually offer some incentives of sort to returning Poles and to other people who'd like to retire in Poland, but it seems the opposite.
I was informed by Treasury Ministry (Wydzial Skarbu Panstwa) representative that any SS from USA, pensions, Roth, etc. once transfered to Poland as such are treaded as any other kind of income, exactly as many of you said. I was also told that there are 2 tax brackets in place.. funds up to 85,000 PLZ (after exchange rate) are taxed at 18% and 85,001PLZ + is taxed at 32%. Anything below 3,000PLZ per year is free from taxes. Go figure.