@PacmanBrunner I'm not black so can't speak like I get it. Poland is a conservative country and you're coming from too far both demographically and culturally. Try intra-company transfer from US if you're not EU.
@@DeusExMachina50 I worked with them in international companies so it was a requirement but the original language is Polish. I don't think it is doable to live there for long not speaking Polish.
@PacmanBrunneras a non-EU foreigner, you’d only receive financial support from the government if you are an EU-citizen’s family member or a permanent resident of the country, so that’s not the right option for you.
Tax code changes in Poland so often, that accountants have problems keeping up with it. And last time when they changed it - called in "New Order" - we haven't known what is going to happen in next tax year when we were choosing tax scheme for that year .... Poland is really 2nd or 3rd world country in terms of taxes.
@@ivanwronsky Not sure about English name. The most important thing is that no one asked me if I want that "New deal". The name does not matter, what matter is that rules of the game was not know to the last day of tax year. Actually I pay a bit less taxes now, but this "New deal" caused that my small business does not invest in itself as much as before (and in the market). Since I was forced to switch the tax scheme, to not pay more I'm not able anymore to deduct my company expenses. So I do not spent the same amount on new tech as before. This means the companies I've been spending money with do not have my money anymore. I guess the same thing is valid for 100k-1m small companies like mine. This caused some stagnation on the market for sure. The people who create tax schemes in Poland has not idea how companies work. So they are creating havoc with all their changes.
I've lived here for nine years and I love it. I came from Singapore and it's no less safe here. Quality of life and purchasing power are slightly lower than when I arrived, but still leagues ahead of most of Europe. And it still looks like Europe, unlike some places.
There are more reasons to live in Poland: low crime rates, excellent infrastructure, and a dynamic job market. I can see many Polish families moving back from London/the UK to Poland because of the quality of life there. In fact, after twenty years in the UK, returning to Poland is quite a bit of a shock. The place looks more modern than the West right now - it's probably due to a complete lack of investment in the UK and other Western countries and massive infrastructure buildout in Poland.
With new govt its going the opposite direction and theres more and more criminal migros with gangs there, safety is basically gone, but still have like a decade before it shits itself to uk/germany level.
I'm russian who opened a small business in Poland some years ago and moved to live. It was the best decision of my entire life. I love the place, I love the ppl, I love the values of society. Even with my "not the best descent" nowadays - nobody cares. Just be a decent human and learn the language, poles will like you! Btw, English is very much accepted here and ppl are happy to speak it even though not everyone can, they'll try to help! Poland is amongst the last EU places with NORMAL human values. WAWA to become the new economic and business capital of EU! 😂🇵🇱🇪🇺
@@IamSovereign Depends what you are looking for. The most popular would be: Warsaw, Gdańsk (tri city), Wrocław, Kraków.. . However some smaller cities like Białystok also offer a lot of peace and some decent business opportunities as there are skilled people there and not everyone wants to move to Warsaw. Depends what is your goal.
I moved to Poland from Canada 3 years ago and it's the best decision I've ever made! (Born in Poland, in Canada since small child). Do it! You won't regret it!! And you are already a citizen! :) Welcome to the good life!
Come back, man. I'm Polish born and bred, pretty young, and I can see my life improving year by year. I can only imagine how much progress we'd make if all the skilled and internationally experienced and worldly Poles resettled here. We'd be unstoppable. And if you speak Polish or your parents were Polish, this is your home after all. It's not perfect but it's getting there. I'm a very "cosmopolitan" and travelled person and I thrive in multiethnic and international environments, and would probably describe myself as center to left on the political spectrum, but I have to admit that the fact our country is a bit conservative is saving us from many of the mistakes that our Western allies have been victim to in the recent years. It's just the conservative wave here is a counterweight to more radical policy changes. I don't like the conservatives here but without them there would be no balance if you ask me and we'd go the way of Spain or France - total political and social mayhem. I like the fact that policy here changes slowly, so it doesn't destabilize our country that much, but the economy is moving really quickly. And the society will eventually move to more progressive ideas, just at its own safe pace.
I've lived in France, Spain, US, Thailand, China, Singapore, South Korea and Poland. Warsaw was the best city where I have ever lived, by far. Poland is amazing.
@@DeusExMachina50 a combination of many factors, long to explain but basically: super safe, friendly people, very well developped, good english spoken, good location for travel, great quality apartments, great food scene, convenient daily life... most people who travel there are shocked to realize how awesome this country has become.
@zino8068 I’m not African , I’m a Black American. I will say that have not had any major issues. Poland is welcoming to all who assimilate and embrace their morals and values. I chose to move to Poland because I believe in the core morals and values that the country still holds. There are quite a few Africans /African women in Poland and it seems like they’re doing well. 🙋🏽♀️❤️🇵🇱
@@IamSovereign Hello 🙋🏽♀️ Polish is somewhat difficult to learn however, the more you immerse yourself in the language and the culture it becomes easier! There’s several reasons why I love Poland over the United States. 1 being Poland is more conservative! 2 It is safer! 3 the food is more wholesome! 4 there is a better worklife balance! 5 I think the government cares a lot more for their citizens than the government in the USA! most importantly, Poland is my happy place❤️🇵🇱
@@simplysonya68 Thank you for your reply, Sonya. Were you able to find a job? Could you please advise how to get a residence permit, so that a Canadian/American can move to Poland?
I’m currently in Copenhagen Denmark but after visiting Poland I’d much much prefer to be living in Warsaw or any city in Poland. Real people, and a sense of freedom there.
Just got married in Poland to a Polish Wife, I am intending to move within the next year to Poznan, I have visited once a month for the past 9 years and have noticed the cost of living has increased markedly especially property, its still cheaper than the UK but the gap has definitely closed. I don't underestimate the difficulty of learning the language, however most major cities English is widely spoken.
As a Polish person, tax heaven is the last thing I'd call my coutry. I think corporate tax rates are chill. Until you come into understanding of so call ''social taxes'', the heritage of the communist era social systems. Not only as an enterpreneur you have obligation of paying health, retirement, and 5 other taxes I can't name. The full entitlement work contract for a worker that makes 5000 euro gross, nets 3000 euros, I'd say a factual tax on that nears 40%. That's not a definition of a tax heaven in my understanding. That being said, Poland has many advantages for when it comes to high economic development rate.
You didn't mention that: 1. You can cash out crypto to USDC without tax (19% tax applies only when you cash out crypto to fiat money). It's like in France. 2. Poland has introduced a new vehicle named "fundacja rodzinna" which allows you to invest in securities (shares, bonds) and real estate without tax if you don't withdraw money from the vehicle (when you withdraw it's 15% tax only). There is no dividend or interest tax under this vehicle. It doesn't cost much to maintain this vehicle (1-3k euro per year). 3. Most of the young people speak fluent English in Poland. 4. There are 5 times fewer crimes in Poland than in Western European Countries.
Why did you use the term "cash out crypto" for converting, for example, BTC or ETH to USDC? Isn't USDC a stablecoin, which is also a crypto? I'm confused.
@PacmanBrunner hahaha. It was not only your ancestors. It was a lot of different people from different persecuted backgrounds. A ot of people got screwed in a lot of different empires. It is how you make lemonade out of lemons, not how you get revenge. If you want a free ride go to Cuba or any other Social/Comm country. Or, just be content with being alive and having basic necessities. Americans are terribly spoiled, it is no wonder it is disintegrating. If you have love, a community, food, shelter, and safety you are better off than 95% of the world.
Some Poles work 12 hours a day. I think you'll feel welcome here just respect our culture, don't impose your religion and don't break the law and you're good to go.
I so enjoy your videos and information. The presenting of options, the possibilities 'out there' makes for What's Next strategy-talking for my family, and this is huge. Blessings to you and to yours, sir.
Dude, you nailed the pronunciation of my hometown, Wrocław. That's rare. Now, just Złoty. It's pronounced with an 'o' like in 'born,' not the 'ah' sound you were using. Anyway, it's good to see you're still posting -- it's been a while. By the way, I used to watch your videos a few years ago when I was thinking of moving my tax residency elsewhere. But then the government here introduced a 5% income tax for folks selling the rights to their IP, which I do, and voila, they gave me the tax rate I was looking for without having to move 🎉
You may ‘save’ tax money in Switzerland but the cost of living is high and home ownership is low due to home prices. My grandfather was Swiss and it is a beautiful country. Another positive, it has a ton of mountain WW2 bunkers if s**t hits the fan and can effectively shut the country off. Unfortunately, I do not believe I can get a Swiss passport as my mother never pursued hers and the process is complicated. I really need to work on potentially getting an Italian passport through my Great Grandfather on my father’s side.
I think with your time passport you can live in Switzerland. I know it's expensive but there are so many positives. You are much more connected to Greater Europe while still being in a protective bubble.
Even better, Polish LLC can pay only 5% Corporate tax if you are selling IP. You personally can establish a Family trust and then pay 0% tax as long as the profits are reinvested. There is 15% tax on distributing money out of the trust
Working with Polish taxes every day, I can say this: Poland is strict in terms of tax solutions, but only if you don't know the system. The most important aspects are the 0% VAT on products sold on a B2B basis within the EU and the absence of VAT when selling services on a B2B basis not only to the EU but to any other country as well. For annual revenues up to 2 million euros, a company pays only a 9% tax on its income. With proper optimization, this means that you can end up paying only 9% corporate income tax without paying personal income tax. There is actually no limit on the number of companies one can own. Of course, there are regulations on related entities and transfer pricing reporting, but only if the companies share revenues with each other. If not, you can scale indefinitely-I know entrepreneurs who own dozen of limited liability companies. As a result, they only pay 9% on income despite their companies' total revenues amounting to even 24 million euros annually.
Everyone that wants to live normal live, work, rise children, have a good time, make some friends is always welcome in Poland. I know that we, the Polish, usually only see the cons of our country, but maybe this is our way to continuous improvement.
So many wealthy people are leaving the UK either for the Islands or totally to tax havens .One of my oldest bosses moved to Monaco ,which he hates,but will put up with for his childrens' sake.
@@DeusExMachina50 The Isle of Man but if you are willing to provide a lot more paperwork and deal with a two tier property market then Jersey or Guernsey.
@@brianhenry7983 Monaco is compact. That's the allure of it, walk everywhere and very few tax to none. It's very wealthy and yes high prices for housing. But once weather all year round and some amazing infrastructure.
@@nadie8093 Switzerland is very close to it, as well as Monaco. Europeans living with other Europeans, that works! Singapore works due to it's totalitarian state 👍🏻 it forces b@rb@r1@ns to live together.
@Glazenbol-uo2ni 30% of Switzerland is immigrant. An even larger number has migration background. Most migrants dont come from Western Europe, but rather Central Europe. Besides, its native population is strongly divided between German, French, and Italian Swiss (many immigrants are slavs). They practice different religions throughout the nation, peak different languages and have radically different views on everything between cantons.
Other than that Poland is tax HELL - for poor people :D VAT at 23%. As 1 person company I pay ~38% taxes even though I optimise my taxes to the max (even my accountant is surprised what trick I pull from my sleeve). Sure if you are rich enough you can pay 0%, but you have to be able to afford Estonian shell company and good layers :D.
@@Johnnie-d9b I'm actually Pole suffering for insane tax rates here in Poland. Also being 1 person company I pay for social security insane amount (for Polish standards) getting nothing in return.
@@saintstyle For someone bringing 100m EUR/USD business here this might make sense, but I guess they do not care about such tax savings anyway. Usually corpos pay 0 tax here. Only tax they pay is the tax for their employees. Other than that with creative accounting billion euro companies pay less corporate tax than I (being 1 person small business) pay ... really.
@@Johnnie-d9b Of course you can maneuver a bit around the VAT, but it depends which tax scheme you have. Actually VAT is the highest tax I pay here, although I rarely spend money on stuff which is not related to my business. But generally 23% VAT is brutal as you said. Plus is that prices in Poland are probably 1/4- half of the prices in US, unless we are talking about tech stuff (like Mac, phones, cameras), then it's 30% more expensive than in states, and we earn 1/4th of the states wage ... brutal.
When you look at Poland take also a look at Romania and Bulgaria. They dont have the lump sum deal but you have very low taxes, below 10%, they are also conservative and have increased their living standards especially in the big cities.
@@delaslightIt’s very low. All the bad guys are in the West doing their thing😂 Where are you from? I lived abroad for the past 22 years, last 16 in the UK, I got family members in various countries and Continents and I’m about to live solely on things that I can do with a laptop and a wi fi connection, by next year I hope I can kind of move back home to Romania but also live in few other countries where I have family. We tend to welcome foreigners and be friendly to them and awesome hosts. As any other place, give yourself at least 3 months to get a feel of a certain place or country.
@@japanluv Hi, I agree. I visited Bucharest for the first time last autumn. Loved it, will be happy to spend more time in the country. I was floored by super quality but sadly empty huge art museums in the capital. In my opinion Romanian painters are seriously underrated, if at all known in the west. ❤❤
Poland has more and more south Asians and Africans coming in. I've been to Poland 5 times over 25 years and I can see the change. The same is happening to Serbia, more and more Muslims are moving there.
Poland is tax heaven for small businesses. LLCs pay 9% of CIT if their revenue is less than 2 million Euro. What's more, as a manager/CEO you may choose to be employed with Management Contract and not with standard Emplyment, and then you only pay 9% health insurance and no other social securities (retirement). Free from PIT is first 45k PLN. Then up to 120k you pay 12%, above that 32% Further more if you are a creative or programmer, you can be paid on Opus Contract (sorry can't find good translation) meaning that you are to provide specific piece of "art" like text, sculpture or a computer program, if you give away authorship rights then you can count 50% of contract amount as a "production cost" making PIT effectively 6%. From such contract there is no required health insurance! Now if you put that together, as a programmer you establish LLC, pay yourself as Opus Contract and your total taxes and socials can be as little as 6% of income😅
I had a business there 15 years ago , it’s growing like crazy but still very affordable. They love Americans and anyone in their 30 s or younger all speak English very well. Many in their 40 s and 50 s speak it reasonable well . Food is clean and excellent very little junk food the women are stunning , and traditional. Very active cultural life as well . They have a relatively underdeveloped Baltic Sea coast line so huge marine based businesses opportunity. Super advanced industrial and high tech companies. Strong banks and well run currency. . 😊
From what I know, there is no property tax in Poland either. So if you want to buy a house, you will not pay taxes on it. Property taxes can be very high in Europe.
Last time I checked, a foreigner is not allowed to own Freehold Real Estate in Poland. Has that changed? I think you might be OK with a leasehold apartment but basically you can'y buy a house. Maybe you can buy through setting up a Polish Company?
Poland is awesome I lived there for 9 years and I’m currently considering moving back. This said, you’ll never learn the language unless you’re from another Slavic country. I promise
I worked with Arabic person who learned Polish quite easily. He was just learning few words every day and practised that's it and his Polish is pretty good. I think If You say yourself its very hard you'll find excuse to drop it but If Youre approach is I can do that You'll find a way. Maybe proffesional teacher!
Exactly. If you want to learn a language, you will do it without any excuses. There are Arab, African or Asian people who can speak Polish but other indo-european speaking people consider they are not able to
6:50 yes you need to speak polish to aquire citizenship but due to mandatory english learning for whole population you can go by with english only, especially in bigger cities. You just can't obtain citizenship and people will be kinder to you when they see that you at least try (we know how hard our launguage is hard, asking for more than trying is cruel 😅)
Poland has made crazy strides and has become really modern and successful. But it's still difficult as a foreigner. The language is bonkers difficult, the people often seem rude, which in many cases are probably just artifacts of cultural and linguistic barriers, so it can feel like a cold distant place for outsiders.
In Poland there is no such a thing like the "smiling culture" in, for example, USA. Typical "Polish face" is 😐 or even 🙁, American- 😁 or at least 😀. And it doesn't mean that someone is rude or sad. This is the zero level, from which You go up or down. Exactly the same thing is about having a conversation. Typical small talk and being nice in American style of speaking, would sound weird in Poland, and specially, in Polish language. Like you'd trying talk to a 5 years old child. Greetings from Poland
@@NeinName I am Swiss and I don't think they are rude, but if you come from another culture, you might think they are because they tend to look a bit grumpy and say things quite directly without filter lol. We here smile, say things rather indirectly, make compliments and behind your back, we might think "f*ck off"... not saying that's better at all. Just cultures are different and need to adapt to eachother.
How is the situation now? Can you tell anything about the possibility Poland going to war? We love Poland and would want to live there long term. Unfortunately these times are crazy for any place to be. 😢
As polish citizen I can add that to register LTD company you need 5000PLN what is about 1200 euro more less. As a sole trader you can pay 5,5% if its construction like brick laying, roofing etc, internal works in construction 8,5% tax... Sole traders need to pay social security and it's not like in other countries. If you earn nothing during the month you still need to pay around 700euros (have of it if you just beginnig your sole trade) If you earn more than 300000pln during the year you need to pay hidden tax around 6000pln it's called health insurance but it's just a hidden tax :) BTW because of you my head opened so maybe I will figure out another passport
Registration of sole trader company is for free. 500 eur is the cost of social insurance (pension). About 50-100 eur accountant, you can do the formal things by yourself also. Taxes with this type of company are ridiculously low. You can be a sole trader and work for company on similar rules like a former employee, but with much lower taxes
Thank you for posting this. As you are no doubt aware the UK have recently elected a Labour government so the country will rapidly be taking a turn for the worse.
Balkans could potentionaly prosper in EU. Central Asia? Kazachstan will be most likely invaded by Russia after their colossal loss in Ukraine, rest of them will be either invaded too or will be more or less same as now, shit hole every developed country uses as big mineral and oil mine, Tajikistan and Turkmenistan are straight up controlled by North Korean style dictator and more or less ISIS like people.
Maybe it's good when you're transferring your company but not for single person (tax immunity etc). At least from my perspective as a native. They are literally taxing everything here now (even childern's sandboxes next to your house) and for some its tax heaven? Minimal wage is rising every year and now almost 30% of working population is earning minimal wage. So the prices are also rising significantly. I remember we've been joking that soon a bread would cost 10PLN. Well, now I am not joking anymore. Electricity bills rising, gas rising, water rising. More taxation of cigarettes and alcohol like every year (the gov is doing all the time - it seems the whole budget is based on those). Of course my salary as an engineer didn't change for 5 years.
Polish expats are returning to Poland in droves given its auspicious economic prospects. However, acquiring Polish citizenship or residency is an arduous journey which requires pesky and doozy red tape.
75000 usd......so you have to make over 750.000 usd/year to have any advantage over Bulgaria or Romania (at 10%). Yes, it is an improvement over Italy or Greece but still a bit high to be attractive for many people. I guess we have to wait for the next country with a better deal. Probably below 50.000 usd/year to become interesting (assuming you also get 'free' medical insurance for at least 2 persons) and a country with a better climate, better food and less drunks on the road.
I watched a video of an Englishman who moved to Poland to work as a fire fighter. He said that when he was learning Polish he was told it was the second most difficult language to learn after the Chinese languages.
Hahaha "the world's largest Polish city" made my day. Especially that it is simply not true. They might have Polish ancestry but they do not even speak proper lingo, at least those who were born there. Not to mention having any tangible idea about Polish history, traditions and culture.
@@SuperWhiteshadow1 Since when having open borders clashes with being sovereign? All countries in the world except perhaps North Korea, accept immigrants.
@@soundscape26 sure, legal immigrants. Not open borders. Lock the borders, good job Poland. You have no idea how open borders cause the lose of sovereignty? Either you are lying, stupid, or have malicious intent.
@@the_aj_system bascially under their leader tusk they will probably end up no better than germany in a years time, do research before u put ur money anywhere
It's so, so overblown by media here. Immigration is very high due to Russo-Ukrainian war, yes, but both main parties support only legal (real) immigration. And as for NATO - Poland outreach 2% of military spending since I remember which is no wonder considering the geopolitical location
Poland is defense spending friendly. Some claim targeted individuals are crazy but there were protest in Poland, so no surprise there. Like the USA there’s some questionable human rights violations. I.e. extrajudicial. Poland was significantly affected by radiation from the Chernobyl disaster in 1986. Polish winters can be very random from very cold to mild with gloomy skies. If a global conflict breaks out it would be a prime target for Russia.
What about the weather? 😂 We have lovely spring and summer. Autumn is colourful and still pretty warm and stable and nowadays during the winter sometimes theres no snow! And not mamy temeratures on -. Its -5 rarely -10.
@@ksieznamusic no offense, I am accustomed to 50-80 degrees F....any place that drops below 30 F regularly (90 days or more per yr) or rises above 90 F regularly (90 days or more per yr) isn't something I would consider good weather to live...
@@cpcreit full year cycle is the way, four seasons over high temperatures and awful humidity, and don't forget about rainy seasons in such hot places. 50-80°F average temp is really high, no country in EU has that weather. South of Turkey got like 66°F average and my brain would melt after living there for a year. Living is a big word, you walk out after the sun goes down, like in Spain nowadays.
@@quadro1337 you must live like a Viking, 50-80 F is high, WTF??? San Francisco is so attractive for so many yrs until the past 15 yrs of rapid decline has much to do w/ its weather, crisp dry cool weather throughout the year, even when it gets up to 80 F, it only stays there 2-3 hrs, then back to 72 to 68 in the evening....
Poland is such a country, but there are more and more immigrants each day, really. And of course modernity arrives so in case someone thinks it is a conservative heaven, not in big cities at least. However, is what everyone says, there is a sense of freedom, great quality of life, even as an expat, or businessmen, with lots of opportunities and very open to innovation (history plays big role here, as whatever that stinks to communism and lack of individual will is not well-seen). Definetely, if you are in your 20s as me, is the best place to start a career.
Poland is a nice country. You really know you live in Poland when you look around. You’re surrounded by real Polish people, talking Polish. So special!🎉
Hey andrew can you explain this to me? submission of a letter from Federal Tax Authority stating that the investor pays the government no less than AED 250,000 (two hundred and fifty thousand) annually Does this means that one has to pay 250k dirhams every year despite paying the 2m dirhams upfront for golden visa???
Conservative in Poland are small tawns and villages in the east of the country. Big cities are not at all... But still ther are not as "woke" as some of the cities in the Western Europe.
Poland is taking many US companies from Netherlands.
I have worked with many Polish people and they were appropriate, hardworking and kind.
@PacmanBrunner I'm not black so can't speak like I get it.
Poland is a conservative country and you're coming from too far both demographically and culturally.
Try intra-company transfer from US if you're not EU.
@@DeusExMachina50 I worked with them in international companies so it was a requirement but the original language is Polish.
I don't think it is doable to live there for long not speaking Polish.
@PacmanBrunner keep your garbage culture in your country.
What kind of house would you like? What kind of maid would your like?
@PacmanBrunneras a non-EU foreigner, you’d only receive financial support from the government if you are an EU-citizen’s family member or a permanent resident of the country, so that’s not the right option for you.
the problem with any country is that it can change its tax code at any time
Tax code changes in Poland so often, that accountants have problems keeping up with it.
And last time when they changed it - called in "New Order" - we haven't known what is going to happen in next tax year when we were choosing tax scheme for that year ....
Poland is really 2nd or 3rd world country in terms of taxes.
@@JoATTech they don't call it "New Order". It was called under previous government a "Polish New Deal"
@@ivanwronsky Not sure about English name. The most important thing is that no one asked me if I want that "New deal".
The name does not matter, what matter is that rules of the game was not know to the last day of tax year.
Actually I pay a bit less taxes now, but this "New deal" caused that my small business does not invest in itself as much as before (and in the market).
Since I was forced to switch the tax scheme, to not pay more I'm not able anymore to deduct my company expenses. So I do not spent the same amount on new tech as before. This means the companies I've been spending money with do not have my money anymore. I guess the same thing is valid for 100k-1m small companies like mine. This caused some stagnation on the market for sure.
The people who create tax schemes in Poland has not idea how companies work.
So they are creating havoc with all their changes.
True
Bingo...
I've lived here for nine years and I love it. I came from Singapore and it's no less safe here. Quality of life and purchasing power are slightly lower than when I arrived, but still leagues ahead of most of Europe. And it still looks like Europe, unlike some places.
There are more reasons to live in Poland: low crime rates, excellent infrastructure, and a dynamic job market. I can see many Polish families moving back from London/the UK to Poland because of the quality of life there.
In fact, after twenty years in the UK, returning to Poland is quite a bit of a shock. The place looks more modern than the West right now - it's probably due to a complete lack of investment in the UK and other Western countries and massive infrastructure buildout in Poland.
Also Poland allows zero illegal immigration.
With new govt its going the opposite direction and theres more and more criminal migros with gangs there, safety is basically gone, but still have like a decade before it shits itself to uk/germany level.
@@raulthepig5821not any more
There is a reason why Poland has a low crime rate. But one cannot say here
also race
I'm russian who opened a small business in Poland some years ago and moved to live. It was the best decision of my entire life. I love the place, I love the ppl, I love the values of society. Even with my "not the best descent" nowadays - nobody cares. Just be a decent human and learn the language, poles will like you!
Btw, English is very much accepted here and ppl are happy to speak it even though not everyone can, they'll try to help! Poland is amongst the last EU places with NORMAL human values.
WAWA to become the new economic and business capital of EU! 😂🇵🇱🇪🇺
Я рад что вам Польша нравится! Поздравлаю из Белостока!
May I as where did you move to in Poland and which other places would you recommend to move to in Poland?
Thank you
@@def6420 Dzięki!
@@IamSovereign heavily depends on what you're going to do.
@@IamSovereign Depends what you are looking for. The most popular would be: Warsaw, Gdańsk (tri city), Wrocław, Kraków.. . However some smaller cities like Białystok also offer a lot of peace and some decent business opportunities as there are skilled people there and not everyone wants to move to Warsaw. Depends what is your goal.
I was born in Poland but grew up in Canada, now I’m considering going back and getting my citizenship.
You may already have it.
Please stay in Canada, Poland doesn’t need canadians to spread their communist ideologies in Poland.
I moved to Poland from Canada 3 years ago and it's the best decision I've ever made! (Born in Poland, in Canada since small child). Do it! You won't regret it!! And you are already a citizen! :) Welcome to the good life!
If you don't have a valid polish document you have to start from scratch. I is going to take you about two years ,unfortunately. Good luck!
Come back, man. I'm Polish born and bred, pretty young, and I can see my life improving year by year. I can only imagine how much progress we'd make if all the skilled and internationally experienced and worldly Poles resettled here. We'd be unstoppable. And if you speak Polish or your parents were Polish, this is your home after all. It's not perfect but it's getting there.
I'm a very "cosmopolitan" and travelled person and I thrive in multiethnic and international environments, and would probably describe myself as center to left on the political spectrum, but I have to admit that the fact our country is a bit conservative is saving us from many of the mistakes that our Western allies have been victim to in the recent years. It's just the conservative wave here is a counterweight to more radical policy changes. I don't like the conservatives here but without them there would be no balance if you ask me and we'd go the way of Spain or France - total political and social mayhem. I like the fact that policy here changes slowly, so it doesn't destabilize our country that much, but the economy is moving really quickly. And the society will eventually move to more progressive ideas, just at its own safe pace.
I've lived in France, Spain, US, Thailand, China, Singapore, South Korea and Poland. Warsaw was the best city where I have ever lived, by far. Poland is amazing.
@DeusExMachina50
They make good sausage and beer.
@@DeusExMachina50 a combination of many factors, long to explain but basically: super safe, friendly people, very well developped, good english spoken, good location for travel, great quality apartments, great food scene, convenient daily life... most people who travel there are shocked to realize how awesome this country has become.
Ohh
I'd like to hear how it was in China and Thailand
@@raphaelolivier9606 man, I agree 💯. I've been to 30-40 countries, and every time I come back to Warsaw, it feels I come back to civilization 🙂
@@sweatnosweat Me?
I love Poland, most people still have values!
Unfortunately, this is all coming to an end and the new government
will be importing africans and muslims who will turn Poland into a shithole.
Sadly it's slowly going woke just like the rest of the now degenerate west atleast in it's big cities!
Exactly. Unlike most others unfortunately by now. I love Poland, greetings and respect ❤
By "values" you mean "conservative backwards ideology" full of sexism, racism and religious bigotry ?
What values does Poland have that others don't, uh?
I absolutely love: and am proud to call Poland home 🇵🇱❤️
@zino8068 I’m not African , I’m a Black American. I will say that have not had any major issues. Poland is welcoming to all who assimilate and embrace their morals and values. I chose to move to Poland because I believe in the core morals and values that the country still holds. There are quite a few Africans /African women in Poland and it seems like they’re doing well. 🙋🏽♀️❤️🇵🇱
@@simplysonya68 Did you find it very challenging to learn Polish language?
Could you please explain why love Poland more that USA?
i hope you will stand in front line defending your "home" from Russians in next few years.
@@IamSovereign Hello 🙋🏽♀️
Polish is somewhat difficult to learn however, the more you immerse yourself in the language and the culture it becomes easier! There’s several reasons why I love Poland over the United States. 1 being Poland is more conservative! 2 It is safer! 3 the food is more wholesome! 4 there is a better worklife balance! 5 I think the government cares a lot more for their citizens than the government in the USA! most importantly, Poland is my happy place❤️🇵🇱
@@simplysonya68 Thank you for your reply, Sonya.
Were you able to find a job?
Could you please advise how to get a residence permit, so that a Canadian/American can move to Poland?
I’m currently in Copenhagen Denmark but after visiting Poland I’d much much prefer to be living in Warsaw or any city in Poland. Real people, and a sense of freedom there.
Could you please explain what did you like about Poland so much that you'd rather leave Denmark for Poland?
Just got married in Poland to a Polish Wife, I am intending to move within the next year to Poznan, I have visited once a month for the past 9 years and have noticed the cost of living has increased markedly especially property, its still cheaper than the UK but the gap has definitely closed. I don't underestimate the difficulty of learning the language, however most major cities English is widely spoken.
poznan is a hidden gem, imo most livable city in poland apart from sopot.
In Poland you can survive with English but living without Polish language is impossible (being alienated, ect.)
@@user-pt2sh1fh8q Krakow
As a Polish person, tax heaven is the last thing I'd call my coutry. I think corporate tax rates are chill. Until you come into understanding of so call ''social taxes'', the heritage of the communist era social systems. Not only as an enterpreneur you have obligation of paying health, retirement, and 5 other taxes I can't name. The full entitlement work contract for a worker that makes 5000 euro gross, nets 3000 euros, I'd say a factual tax on that nears 40%. That's not a definition of a tax heaven in my understanding. That being said, Poland has many advantages for when it comes to high economic development rate.
In other EU states taxes are much higher.
But the tax system is less complicated
40% including social contributions sounds amazing dude. Way less than most of western Europe
Idź do doradcy podatkowego
% wciąż mamy niskie podatki (porównaj do takiej Szwecji np.) ale są one bardzo skomplikowane i jest bardzo duża biurokracja.
You didn't mention that:
1. You can cash out crypto to USDC without tax (19% tax applies only when you cash out crypto to fiat money). It's like in France.
2. Poland has introduced a new vehicle named "fundacja rodzinna" which allows you to invest in securities (shares, bonds) and real estate without tax if you don't withdraw money from the vehicle (when you withdraw it's 15% tax only). There is no dividend or interest tax under this vehicle. It doesn't cost much to maintain this vehicle (1-3k euro per year).
3. Most of the young people speak fluent English in Poland.
4. There are 5 times fewer crimes in Poland than in Western European Countries.
But if you first sell btc or eth , isn't that in itself a taxable event?
@@trembo835 if you sell btc or eth to usdc then no tax.
If you are taxed under this scheme (+/- $75k/yr) does the 19% tax rate still apply?
Why did you use the term "cash out crypto" for converting, for example, BTC or ETH to USDC? Isn't USDC a stablecoin, which is also a crypto? I'm confused.
And the 5% income tax for professionals selling rights to Intellectual Properties. So basically most people in IT among other roles.
What a great option! Hopefully Poland will stay on this positive path. They have been through a lot over the centuries.
America is not sending their best...
@PacmanBrunner try working 70 hrs per week, the way I had to work. Then, maybe you will get ahead.
@PacmanBrunner hahaha. It was not only your ancestors. It was a lot of different people from different persecuted backgrounds. A ot of people got screwed in a lot of different empires. It is how you make lemonade out of lemons, not how you get revenge. If you want a free ride go to Cuba or any other Social/Comm country. Or, just be content with being alive and having basic necessities. Americans are terribly spoiled, it is no wonder it is disintegrating. If you have love, a community, food, shelter, and safety you are better off than 95% of the world.
Some Poles work 12 hours a day. I think you'll feel welcome here just respect our culture, don't impose your religion and don't break the law and you're good to go.
Hello. I fully agree with this video. I am legal and tax advisor from Accace Poland.
Thanks for sharing!
Poland has a bigger GDP per capita than Greece Portugal and soon Spain.
I so enjoy your videos and information. The presenting of options, the possibilities 'out there' makes for What's Next strategy-talking for my family, and this is huge. Blessings to you and to yours, sir.
Dude, you nailed the pronunciation of my hometown, Wrocław. That's rare. Now, just Złoty. It's pronounced with an 'o' like in 'born,' not the 'ah' sound you were using. Anyway, it's good to see you're still posting -- it's been a while.
By the way, I used to watch your videos a few years ago when I was thinking of moving my tax residency elsewhere. But then the government here introduced a 5% income tax for folks selling the rights to their IP, which I do, and voila, they gave me the tax rate I was looking for without having to move 🎉
Thanks for the kind words.
You may ‘save’ tax money in Switzerland but the cost of living is high and home ownership is low due to home prices. My grandfather was Swiss and it is a beautiful country. Another positive, it has a ton of mountain WW2 bunkers if s**t hits the fan and can effectively shut the country off. Unfortunately, I do not believe I can get a Swiss passport as my mother never pursued hers and the process is complicated.
I really need to work on potentially getting an Italian passport through my Great Grandfather on my father’s side.
Definitely try to get the swiss passport, it is pure gold with no cost for you
I think with your time passport you can live in Switzerland. I know it's expensive but there are so many positives. You are much more connected to Greater Europe while still being in a protective bubble.
Even better, Polish LLC can pay only 5% Corporate tax if you are selling IP. You personally can establish a Family trust and then pay 0% tax as long as the profits are reinvested. There is 15% tax on distributing money out of the trust
Ive been to poland. I loved it. I would live there.
Working with Polish taxes every day, I can say this: Poland is strict in terms of tax solutions, but only if you don't know the system. The most important aspects are the 0% VAT on products sold on a B2B basis within the EU and the absence of VAT when selling services on a B2B basis not only to the EU but to any other country as well. For annual revenues up to 2 million euros, a company pays only a 9% tax on its income. With proper optimization, this means that you can end up paying only 9% corporate income tax without paying personal income tax. There is actually no limit on the number of companies one can own. Of course, there are regulations on related entities and transfer pricing reporting, but only if the companies share revenues with each other. If not, you can scale indefinitely-I know entrepreneurs who own dozen of limited liability companies. As a result, they only pay 9% on income despite their companies' total revenues amounting to even 24 million euros annually.
Also compared to western EU Poland is very, very safe.
Everyone that wants to live normal live, work, rise children, have a good time, make some friends is always welcome in Poland. I know that we, the Polish, usually only see the cons of our country, but maybe this is our way to continuous improvement.
So many wealthy people are leaving the UK either for the Islands or totally to tax havens .One of my oldest bosses moved to Monaco ,which he hates,but will put up with for his childrens' sake.
@@DeusExMachina50 The Isle of Man but if you are willing to provide a lot more paperwork and deal with a two tier property market then Jersey or Guernsey.
There's also Sark.
I've seen pictures of monoca, I don't see the allure. It looked basic with ugly buildings and super compact and crowded.
@@brianhenry7983 Monaco is compact. That's the allure of it, walk everywhere and very few tax to none. It's very wealthy and yes high prices for housing. But once weather all year round and some amazing infrastructure.
My grandmother and grandfather were born in Poland and came to USA. I would love to see if I am eligible to have polish citizenship.
Have you checked it yet? I think you need at least one of four grandparents to be Polish to get citizenship.
Affordable real estate is the best thing in Poland.
What is the average house price?
Homogenous countires seem to be the most prosperous and safe.
Who would have thought 🤔
Yeah, we need to get back to that.
Switzerland, Monaco, Singapore?? Not very homogenous
@@nadie8093 Switzerland is very close to it, as well as Monaco. Europeans living with other Europeans, that works!
Singapore works due to it's totalitarian state 👍🏻 it forces b@rb@r1@ns to live together.
@@nadie8093 YT won't let me tell you what doesn't work, think Europe full of the 3rd world, plebs who couldn't even built up their own countries.
@Glazenbol-uo2ni 30% of Switzerland is immigrant. An even larger number has migration background.
Most migrants dont come from Western Europe, but rather Central Europe.
Besides, its native population is strongly divided between German, French, and Italian Swiss (many immigrants are slavs). They practice different religions throughout the nation, peak different languages and have radically different views on everything between cantons.
Other than that Poland is tax HELL - for poor people :D
VAT at 23%. As 1 person company I pay ~38% taxes even though I optimise my taxes to the max (even my accountant is surprised what trick I pull from my sleeve).
Sure if you are rich enough you can pay 0%, but you have to be able to afford Estonian shell company and good layers :D.
Exactly! Anyone interested in Poland should just read about their tax rates especially personal income tax. This video is ridiculous.
@@Johnnie-d9b I'm actually Pole suffering for insane tax rates here in Poland.
Also being 1 person company I pay for social security insane amount (for Polish standards) getting nothing in return.
@@saintstyle For someone bringing 100m EUR/USD business here this might make sense, but I guess they do not care about such tax savings anyway. Usually corpos pay 0 tax here. Only tax they pay is the tax for their employees. Other than that with creative accounting billion euro companies pay less corporate tax than I (being 1 person small business) pay ... really.
@@Johnnie-d9b Of course you can maneuver a bit around the VAT, but it depends which tax scheme you have.
Actually VAT is the highest tax I pay here, although I rarely spend money on stuff which is not related to my business.
But generally 23% VAT is brutal as you said.
Plus is that prices in Poland are probably 1/4- half of the prices in US, unless we are talking about tech stuff (like Mac, phones, cameras), then it's 30% more expensive than in states, and we earn 1/4th of the states wage ... brutal.
@@JoATTech they still have to pay the income tax which is very high.
Greetings from the simpler life in paradise 🏖️🇲🇽
Thanks for sharing 😊
When you look at Poland take also a look at Romania and Bulgaria. They dont have the lump sum deal but you have very low taxes, below 10%, they are also conservative and have increased their living standards especially in the big cities.
@@delaslightIt’s very low. All the bad guys are in the West doing their thing😂 Where are you from? I lived abroad for the past 22 years, last 16 in the UK, I got family members in various countries and Continents and I’m about to live solely on things that I can do with a laptop and a wi fi connection, by next year I hope I can kind of move back home to Romania but also live in few other countries where I have family. We tend to welcome foreigners and be friendly to them and awesome hosts. As any other place, give yourself at least 3 months to get a feel of a certain place or country.
@@japanluv Hi, I agree. I visited Bucharest for the first time last autumn. Loved it, will be happy to spend more time in the country. I was floored by super quality but sadly empty huge art museums in the capital. In my opinion Romanian painters are seriously underrated, if at all known in the west. ❤❤
@@wavemastery1786 Yes, we don’t appreciate enough our own artists. Glad you had a good time.
I never thought I'd see Poland in a context of low taxes
19% on interest, dividends and stocks is great ! its been like this for ages - its a stable policy - no need to "try hard" - its just there
Poland has more and more south Asians and Africans coming in. I've been to Poland 5 times over 25 years and I can see the change. The same is happening to Serbia, more and more Muslims are moving there.
They need to shift their huge overpopulation there due to lack of resources at home.
i just came back from warsaw for a week on a euro trip and i liked it the most out of Berlin, Prague, Stuttgart.
Warsaw is cool, but most certainly does not come close to Prague.
Poland is tax heaven for small businesses. LLCs pay 9% of CIT if their revenue is less than 2 million Euro.
What's more, as a manager/CEO you may choose to be employed with Management Contract and not with standard Emplyment, and then you only pay 9% health insurance and no other social securities (retirement).
Free from PIT is first 45k PLN. Then up to 120k you pay 12%, above that 32%
Further more if you are a creative or programmer, you can be paid on Opus Contract (sorry can't find good translation) meaning that you are to provide specific piece of "art" like text, sculpture or a computer program, if you give away authorship rights then you can count 50% of contract amount as a "production cost" making PIT effectively 6%. From such contract there is no required health insurance!
Now if you put that together, as a programmer you establish LLC, pay yourself as Opus Contract and your total taxes and socials can be as little as 6% of income😅
what about vat?
Like a freelancer ?
That's great! Thanks for the info, it's similar to Colombia's simple tax regime
but u still get the crappy EU policies
U can also serve and invoice all EU clients without bother
I had a business there 15 years ago , it’s growing like crazy but still very affordable. They love Americans and anyone in their 30 s or younger all speak English very well. Many in their 40 s and 50 s speak it reasonable well . Food is clean and excellent very little junk food the women are stunning , and traditional. Very active cultural life as well . They have a relatively underdeveloped Baltic Sea coast line so huge marine based businesses opportunity. Super advanced industrial and high tech companies. Strong banks and well run currency. . 😊
Visiting Warsaw now and as many or more Polish speak English than elsewhere in EU. Modern, affordable, lots of things happening.
Thanks Andrew
From what I know, there is no property tax in Poland either. So if you want to buy a house, you will not pay taxes on it. Property taxes can be very high in Europe.
yes there is, just not the same idiotic amount as in the west
Foreigner can’t buy house with land in Poland without permission. Only flat
@@ggaby89oh no!!
There is a tax but it is super small. I pay 40 euro a year so saying there is no tax is preatty much correct
Last time I checked, a foreigner is not allowed to own Freehold Real Estate in Poland. Has that changed? I think you might be OK with a leasehold apartment but basically you can'y buy a house. Maybe you can buy through setting up a Polish Company?
Poland is awesome I lived there for 9 years and I’m currently considering moving back. This said, you’ll never learn the language unless you’re from another Slavic country. I promise
I worked with Arabic person who learned Polish quite easily. He was just learning few words every day and practised that's it and his Polish is pretty good. I think If You say yourself its very hard you'll find excuse to drop it but If Youre approach is I can do that You'll find a way. Maybe proffesional teacher!
Exactly. If you want to learn a language, you will do it without any excuses. There are Arab, African or Asian people who can speak Polish but other indo-european speaking people consider they are not able to
The biggest problem with Poland is the Polish language. Not exactly easy to pick up.
You can get around with English just fine.
Polish language hard to pick up? ;) compared to what? Hungarian? Finish Language? German grammar? French spelling? :)
@@medialistener Compared to any romance language or English.
@@def6420😢😢
@caustinolino3687
You don't need it in bigger, leftist cities.
6:50 yes you need to speak polish to aquire citizenship but due to mandatory english learning for whole population you can go by with english only, especially in bigger cities. You just can't obtain citizenship and people will be kinder to you when they see that you at least try (we know how hard our launguage is hard, asking for more than trying is cruel 😅)
I'd like to hear more about Bosnia
I am here right now. It's amazing
Poland has made crazy strides and has become really modern and successful. But it's still difficult as a foreigner. The language is bonkers difficult, the people often seem rude, which in many cases are probably just artifacts of cultural and linguistic barriers, so it can feel like a cold distant place for outsiders.
How people are rude? Where are you from?
In Poland there is no such a thing like the "smiling culture" in, for example, USA. Typical "Polish face" is 😐 or even 🙁, American- 😁 or at least 😀. And it doesn't mean that someone is rude or sad. This is the zero level, from which You go up or down. Exactly the same thing is about having a conversation. Typical small talk and being nice in American style of speaking, would sound weird in Poland, and specially, in Polish language. Like you'd trying talk to a 5 years old child.
Greetings from Poland
If you move the country you need to adapt
The Communists destroyed old Polish and other slavic cultures. Excessive smiling or display of emotions was met with suspicion under Communism.
@@NeinName I am Swiss and I don't think they are rude, but if you come from another culture, you might think they are because they tend to look a bit grumpy and say things quite directly without filter lol. We here smile, say things rather indirectly, make compliments and behind your back, we might think "f*ck off"... not saying that's better at all. Just cultures are different and need to adapt to eachother.
We need to talk about the weather… summers are amazing, but apart from those 2-3 months in a year it’s pure misery…
There are more warm tax-friendly countries than cold ones.
Global Warming is making it miserable to live in warm climates
@nomadcapitalist Are you part Polish? of Polish heritage? Your pronunciation was pretty good for a non-Pole.
I think that this grandparent was from Latvia or something like that
Greetings from Poland. I have left UK long time ago....but don't forget about war possibility
How is the situation now?
Can you tell anything about the possibility Poland going to war?
We love Poland and would want to live there long term. Unfortunately these times are crazy for any place to be. 😢
@@Rudelherz it's safe don't read too much mainstream media
war possibility? bro…
Put away the drugs. There's no way possibility
War
Problem is it’s property rights are weaker than Malaysia
As polish citizen I can add
that to register LTD company you need 5000PLN what is about 1200 euro more less.
As a sole trader you can pay 5,5% if its construction like brick laying, roofing etc, internal works in construction 8,5% tax... Sole traders need to pay social security and it's not like in other countries. If you earn nothing during the month you still need to pay around 700euros (have of it if you just beginnig your sole trade)
If you earn more than 300000pln during the year you need to pay hidden tax around 6000pln it's called health insurance but it's just a hidden tax :)
BTW because of you my head opened so maybe I will figure out another passport
Registration of sole trader company is for free. 500 eur is the cost of social insurance (pension). About 50-100 eur accountant, you can do the formal things by yourself also. Taxes with this type of company are ridiculously low. You can be a sole trader and work for company on similar rules like a former employee, but with much lower taxes
Tax friendly, SAFE, and based ☺ With a great president who prioritises good people.
Thank you for posting this. As you are no doubt aware the UK have recently elected a Labour government so the country will rapidly be taking a turn for the worse.
Me : looking for a lower PIT than 12%
the video : my country is a tax heaven
Spróbuj niemcy 😂 Ci to mają dopiero przejebane
Big fan sir
opinions on balkans and central asia, future predictions?
Balkans could potentionaly prosper in EU. Central Asia? Kazachstan will be most likely invaded by Russia after their colossal loss in Ukraine, rest of them will be either invaded too or will be more or less same as now, shit hole every developed country uses as big mineral and oil mine, Tajikistan and Turkmenistan are straight up controlled by North Korean style dictator and more or less ISIS like people.
I'm afraid changes are coming
This is very timely, Andrew.
Why, you are quite "speedy" with this video.
I can buy an awful lot of Kielbasa for $75,000 a year...
😂
With the new government there it can change anytime
For the worse as the new prime minister is a german spy
I can help with organising LLC in Poland or in any residence challenge :)
Maybe it's good when you're transferring your company but not for single person (tax immunity etc). At least from my perspective as a native.
They are literally taxing everything here now (even childern's sandboxes next to your house) and for some its tax heaven? Minimal wage is rising every year and now almost 30% of working population is earning minimal wage. So the prices are also rising significantly. I remember we've been joking that soon a bread would cost 10PLN. Well, now I am not joking anymore. Electricity bills rising, gas rising, water rising. More taxation of cigarettes and alcohol like every year (the gov is doing all the time - it seems the whole budget is based on those).
Of course my salary as an engineer didn't change for 5 years.
Make Poland Great Again!!!
❤ it already is
great, now only if I have a billion dollars in savings/investments so I can go to Poland.
Polish expats are returning to Poland in droves given its auspicious economic prospects. However, acquiring Polish citizenship or residency is an arduous journey which requires pesky and doozy red tape.
@hungo7720
You get residency quickly and automatically. You don't need citizenshit.
My mother is Polish, it took me like 1 year and 6 months
sure, great but its freezing in winter. i’d rather pay tax and be warm
There are more warm tax-friendly countries than cold ones.
@@nomadcapitalist looking at relocating with my family out of the UK, somewhere warm and crypto tax friendly in 2-3 yrs.
Doesn’t matter we aren’t moving buying or going anywhere, Homie
75000 usd......so you have to make over 750.000 usd/year to have any advantage over Bulgaria or Romania (at 10%). Yes, it is an improvement over Italy or Greece but still a bit high to be attractive for many people. I guess we have to wait for the next country with a better deal. Probably below 50.000 usd/year to become interesting (assuming you also get 'free' medical insurance for at least 2 persons) and a country with a better climate, better food and less drunks on the road.
I watched a video of an Englishman who moved to Poland to work as a fire fighter. He said that when he was learning Polish he was told it was the second most difficult language to learn after the Chinese languages.
Hungarian is worse...
It is
Kevin Aiston?
And a side-bonus for single guys: Polish women are GORGEOUS!
I'm Polish, I'll add...arrogant, demanding, golddigging divas. I'll take Asian, Indian or Latin any day.
I'm on vacation there right now. Makes me think god I'm born a man
Agree, my first two loves in my life were women of Polish descent.
That means you pay $6250 per month on taxes. This fix tax approach is not for us lean FIRE folks 😄
Based Poland.
... TAX HEAVEN?! Residents wouldn't agree. It's great for big business
What about the the personal exit tax if you leave after staying over 5 years?
I grew up in Chicago, the world's largest Polish city. The Polish people are wonderful, kind, hardworking.
Hahaha "the world's largest Polish city" made my day. Especially that it is simply not true. They might have Polish ancestry but they do not even speak proper lingo, at least those who were born there. Not to mention having any tangible idea about Polish history, traditions and culture.
Andrew, the hangover period is not the best time to come up with a new theme for the video.🤣
These Days Tax Freindly Doesn't Seem to Last Any where.
Keep the border closed, keep it Polish.
Not the best advice if you want to attract foreign investment or digital nomads.
Poland is part of the Schengen agreement anyway.
@@soundscape26 wrong. You could still invest and not give up your countries sovereignty.
@@SuperWhiteshadow1 Since when having open borders clashes with being sovereign? All countries in the world except perhaps North Korea, accept immigrants.
@@soundscape26 sure, legal immigrants. Not open borders. Lock the borders, good job Poland. You have no idea how open borders cause the lose of sovereignty? Either you are lying, stupid, or have malicious intent.
Looking on countries like Sweden or France it's better to be safer and less rich than nonstop in danger and more rich 😉
Poland has recently given in to EU and NATO demands; immigration, taxation, etc are subject to radical change.
That's unfortunate, could you please elaborate? Thinking of buying property there and maybe moving over there.
@@the_aj_system bascially under their leader tusk they will probably end up no better than germany in a years time, do research before u put ur money anywhere
It's so, so overblown by media here.
Immigration is very high due to Russo-Ukrainian war, yes, but both main parties support only legal (real) immigration.
And as for NATO - Poland outreach 2% of military spending since I remember which is no wonder considering the geopolitical location
So basically pay 75000 a year to live there? That seems extremely steep
I think that’s the price to attain permanent residency. I believe most countries will not tax you at all if you stay there for under 6 months a year.
@@JRRob3wn Better to just marry a local women
@@stevenobinator2229 marriage will cost you more in the long run..
@@medialistener not is your wife isn't a whore
My wife is Polish, I am South African, and we live in South Africa.
If we go to Poland... do I automatically get a residence permit?
Most EU countries have some sort of family reunion residence program, yes you’ll likely be given a residence permit.
Lump sum is epic
Good luck learning Polish
Kurwa bobr ja perdole. Easy 😂
If Arab, African or other non-info-european are able to, probably info-european can also try
Poland is defense spending friendly. Some claim targeted individuals are crazy but there were protest in Poland, so no surprise there. Like the USA there’s some questionable human rights violations. I.e. extrajudicial. Poland was significantly affected by radiation from the Chernobyl disaster in 1986. Polish winters can be very random from very cold to mild with gloomy skies. If a global conflict breaks out it would be a prime target for Russia.
POLSKA GÓROM
given Ukraine's War trajectory, not so sure about this one....and the weather, not so sure again....
What about the weather? 😂 We have lovely spring and summer. Autumn is colourful and still pretty warm and stable and nowadays during the winter sometimes theres no snow! And not mamy temeratures on -. Its -5 rarely -10.
@@ksieznamusic no offense, I am accustomed to 50-80 degrees F....any place that drops below 30 F regularly (90 days or more per yr) or rises above 90 F regularly (90 days or more per yr) isn't something I would consider good weather to live...
@@cpcreit full year cycle is the way, four seasons over high temperatures and awful humidity, and don't forget about rainy seasons in such hot places. 50-80°F average temp is really high, no country in EU has that weather. South of Turkey got like 66°F average and my brain would melt after living there for a year. Living is a big word, you walk out after the sun goes down, like in Spain nowadays.
@@quadro1337 you must live like a Viking, 50-80 F is high, WTF??? San Francisco is so attractive for so many yrs until the past 15 yrs of rapid decline has much to do w/ its weather, crisp dry cool weather throughout the year, even when it gets up to 80 F, it only stays there 2-3 hrs, then back to 72 to 68 in the evening....
@@cpcreit I was saying about annual average temperature, there are no countries in Europe that got such a nice weather all year.
I think this is only for corporate taxation, no? So you still have to pay potentially high taxes on dividends received as an individual tax payer.
Hungary
Poland is such a country, but there are more and more immigrants each day, really. And of course modernity arrives so in case someone thinks it is a conservative heaven, not in big cities at least. However, is what everyone says, there is a sense of freedom, great quality of life, even as an expat, or businessmen, with lots of opportunities and very open to innovation (history plays big role here, as whatever that stinks to communism and lack of individual will is not well-seen). Definetely, if you are in your 20s as me, is the best place to start a career.
There is one big issue with Poland -- its neighbour.
Yep, little bit too close to comfort
which one? :D
Germany 😂
Poland is a nice country. You really know you live in Poland when you look around. You’re surrounded by real Polish people, talking Polish. So special!🎉
Well, my wife is from Thailand so there aren't many options for her or me in that case. Malaysia is on the list though
Poland has always been an underestimated underdog in the EU but things are changing and their GDP will soon takeover germany.
@samuelzev4076
Hahaha!
USA maybe?
I would rather go to Cyprus or Georgia
what a surprise Mr. "Devidze" :D
Both countries are shitholes compared to Poland. But you pay less taxes yes. I also move to Cyprus because of the nondom regime.
I WANT TO GO TO A DIFFERENT PLANET!
Hey andrew can you explain this to me?
submission of a letter from Federal Tax Authority stating that the investor pays the government no less than AED 250,000 (two hundred and fifty thousand) annually
Does this means that one has to pay 250k dirhams every year despite paying the 2m dirhams upfront for golden visa???
Please speak to our specialists for detailed information on this requirement. You can reach out to them through this link: nomadcapitalist.com/apply/
Conservative in Poland are small tawns and villages in the east of the country. Big cities are not at all... But still ther are not as "woke" as some of the cities in the Western Europe.
I can’t find information on that anywhere in the media :x am I blind or what? And I do speak Polish, for the record.