You need to be well prepared to change your tax residence. Even if you have already moved out, it is worth checking what your situation looks like and whether you have actually taken care of everything by moving your centre of vital interests. The main mistakes during relocation include:
It is important to check where the centre of vital interests is located and what kind of conditions need to be met if you want to be considered a tax resident of a given country.
Obtaining a residence in one country does not automatically result in the loss of the previous one. It is sometimes much easier to acquire tax residence than lose the previous one
Taking into account only the tax conditions and potential benefits of the target destination rather than the global level of taxation, exit tax and terms of the double taxation treaty.
This means that Poland can continue to charge taxes and the preferences of the double taxation agreement are not applied.
Big, fast profits and the desire to cash in on them? You read that in Portugal you will do it tax-free by obtaining the NHR status. You cash in on them and invest your income, for example, in apartments in Poland. All is well, but the Polish tax administration may ask the question of where the money comes from and collect the tax.
Failure to notify banks and other financial institutions of changing tax residence. It ought to be remembered that there exists a system for the exchange of information between banks. As a result, banking data is continuously reported to Poland and the Polish tax office will have information about you.
It is worth remembering that each case may be different, and my team will discuss every detail with you. You will receive a service adjusted to your needs. And if your case requires working with lawyers from the target destination, I will manage the whole process together with the team in Poland, and you will be provided with one point of contact.
EXIT TAX PER MONTH
ABROAD IN A MONTH
I will be happy to introduce to you the possibilities of good organisation and protection of your assets. I operate locally and internationally, adapting the best solutions: legal, tax, business and financial to the individual needs of clients.