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Investing money earned abroad in Poland


Investing money earned abroad in Poland – purchasing and renting real estate

One of the best ways to invest money earned abroad is to purchase real estate in Poland. Real estate prices in Poland are still relatively lower than those in the Western European Union countries and that is why more and more Poles who live abroad benefit from this form of investment. Most properties are bought with the view of renting them out, either for commercial or residential purposes. Before making this decision, it is worth to consider how to properly account for revenue from such a lease. Polish tax regulations provide several options ranging from a flat tax rate of 8.5% to progressive rates of 18% and 32%. Each of these solutions has its advantages and disadvantages that should be taken into account when making a decision. It is also possible to recover VAT when purchasing real estate in Poland. We would like to provide you with assistance in choosing the taxation method related to the lease and in the completion of all tax-related formalities.