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Posts by mcm1  

Joined: 14 Apr 2012 / Male ♂
Last Post: 26 Mar 2016
Threads: 2
Posts: 81

Speaks Polish?: no

Displayed posts: 83 / page 1 of 3
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mcm1   
26 Mar 2016
Real Estate / Interior Architect Prices in Poland [13]

Sorry, but I thought this was a genuine request for advice.
It would appear that it is just an advertising campaign, judging by the website it needs all the help you can get.
mcm1   
26 Mar 2016
Real Estate / Interior Architect Prices in Poland [13]

I am pleased someone has given you a more realistic idea. I was just going through some paperwork here for work we have had done and it appears that we have expensive tastes.

For kitchen works, built to order (including fitting) it came out at just over 5850m2
Bathrooms were average. 2850m2
mcm1   
17 Mar 2016
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.
mcm1   
15 Mar 2016
Law / Moving to Poland with Business [8]

I dont think you have been told correctly, only partially correct.
The double taxation does not mean you are only taxed in the UK and nowhere else. It means if you have paid tax in the UK you will not pay that amount of tax twice-but there may well be a balance to pay elsewhere (Poland).

Why not seek guidance from HMRC as well?
mcm1   
15 Mar 2016
Real Estate / Buying property in Poland [41]

As a cash buyer 3 years ago I can confirm that our initial deposit was refunded in full, the seller stated that the new property was connected to mains drainage, this was not in fact the case as we found out from our lawyers/ surveyors. The seller and developer tried to have us agree to pay just 50% of the required 'septic tank' installation.

We refused, our deposit was refunded by the seller whilst we were in the developers office the same day.
You can have anything you want written into the contract so long as both partys agree and they are legal.
mcm1   
14 Mar 2016
Law / File complaint against Poland's police [97]

Adrian, likewise I feel for you.

You need to be realistic on the valuations though.......3.8million! it wasn't worth even 10% of that in livable condition.IMO of course.
As to the $1M to put the land back as it was!
Here is a part list of our landscaping last year.
hard landscaping took 2 months and involved moving 100's of tonnes of earth covering 16000m(heavy machinery)..cost 100,000PLN
planting of 1000x 2m tall rooted willow and hazel trees..........cost 11000PLN
planting of 100x 2m rooted fruit trees (mainly apple variety)..................cost 6600PLN
The fruit trees will take another 6 years to grow to their full potential.

Why the heck hasn't your lawyer sent a complaint to Skanska H Q?
mcm1   
22 Nov 2015
Law / British living in Poland - tax treaty with the UK? [30]

I am not sure where you gained this information but it is wrong.

Point 1- the figure you have quoted is 'near enough' IF you will recieve your state pension before April 2016, for anyone else you would be on the new state pension. This is calculated on the years of paying into the system amongst other criteria. My wife has just recieved her pension forcast and it states currently it will be £197.20 (subject to change in the next 5 years)

Point 2- is wrong in its entirety. A UK citizen moving to Poland will still get any increases that you would get as if living in the UK.

Also it has been confirmed that the winter fuel payment will be payed to us.
All the above is subject to change of course!
If you aged 55 or over any UK person can get a pension forcast from the GOV.UK website.
mcm1   
31 Oct 2015
Law / American travelling to a non-Schengen country while still waiting for TEMPORARY residence card in Poland [20]

Not quite as straightforward as some may think.
"Note: The aforementioned stamp does not entitle the foreigner to travel to other Schengen countries or EU Member States. Pursuant to the stamp in the passport the foreigner may leave for their country of origin, although they may not return to Poland with the stamp - in order to re-enter Poland, the foreigner should obtain a visa".

It depends on where you intend to travel to if, as stated outside the EU then you might have to convince an immigration officer of your intentions.
mcm1   
28 Aug 2015
Life / Canadian Moving to Poznan, Poland - what to bring over, areas to avoid, school for a child. [54]

You are clearly speaking from experience not knowledge.
Nowadays there are climate control units that are so much better and create a more pleasant environment, you can set the temperature and more importantly the humidity.

I can assure you that allthough the weather is what I would concider very warm in Poland right now it is in my experience not unusual during the summer months.

Any fool can sit there and be uncomfortable........I dont intend to!
Even the small portable units reduce the temperature but they are not made for long time frames, a couple of hours in the bedroom before bedtime even allows the kids to get off to sleep in relative comfort.
mcm1   
5 Aug 2015
Real Estate / SUROWY DOM IN POLAND - UNFINISHED HOMES FOR SALE - COST TO COMPLETE THE BUILD? [16]

From my experience I would suggest anything from 500k-800k depending on your finishes. not including sanitary ware or kitchens.
Our place is about 475m2 of livable area and the cost was substantially more but we did choose quality fixtures.
As for the heating-we have a gas boiler and a solid fuel system so can use either or both together. As we dont actually live there permanently we just have the gas boiler running to keep the property at 19C- 24/7. Our predicted cost for gas is about what we thought, 15,000PLN per year.
mcm1   
18 Mar 2015
Real Estate / Valuation of Inherited Real Estate in Poland for tax purposes? [14]

I thought I was clear..........in your situation I believe it will be option 'b'
You will pay 19% of the agreed value of the property when sold- within 5 years of inheritance, there are no deductions.
It might be possible to use your own permanent country of residence if the tax regime is to your benefit, prepare to pay heavily for legal advice, ours has cost about £8000 plus £1600 for the two wills to minimise our future UK tax situation, this will change to Polish rules once we have owned the property for 5 years.
mcm1   
17 Mar 2015
Real Estate / Valuation of Inherited Real Estate in Poland for tax purposes? [14]

My understanding is the Capital Gain would be the current market value of the property when sold......not what it is actually sold for. No doubt several estate agents would give you an idea of what the property is worth, this then goes to 2 different local council departments to see if they agree.