Selling property in Poland as a non-resident

Can a non-resident of Poland buy or sell property? In today's blog post we look into the rules on property transactions by people who do not have resident status in our country. What rules govern the sale of property by a non-resident? What obligations do they have? Find out!

Can a foreigner sell property in Poland?

The short answer is yes. A person who is not a Polish citizen can sell a property they own in the same way as a Polish citizen can. The purchase of property by a person from another country who is not a Polish citizen is a more complex matter.

If, as a non-resident of Poland, we plan to buy property in Poland, we must remember to settle the relevant tax matters with the Polish tax office. We will, however, cover this topic in the next part of this article.

A foreigner wants to sell property in Poland – income tax

When selling property, an important matter is paying income tax. This tax must be paid when the property was acquired or built less than 5 years before its sale. So if we acquired (or built) the property in 2011 and sell it in 2017, we do not have to pay income tax on the resale.

If the period between acquisition and sale falls within 5 years, a person who is not a resident of Poland must also pay income tax on this. The tax is currently 19% and is included in the annual tax return (which must be filed by 30 April of the following year).

A GUIDE TO RENTING OUT A FLAT TO FOREIGNERS

Selling property in Poland as a non-resident – what you need to know

Preparing properly to sell a property as a non-resident of Poland requires a good knowledge of Polish tax regulations and of the bodies with which you need to settle accounts. Representatives of the REMAX Gold estate agency will not only help you carry out the whole sale process correctly, but will also help you prepare a listing promoting the property that will attract many buyers.

SEE PROPERTY LISTINGS IN ZABRZE!