Expat Community > Poland

rsbukowski
Joined 2015
Posts: 2

Purchasing a Flat

9 years ago

Hello everyone,

I was curious if any expats have experiencing purchasing a home. My wife is Polish and we live in the USA. After another year of saving we are hoping to purchase a flat in Rzeszow to live/work permanently. We have already inquired a bit with Polish banks and they will not lend money unless one individual is earning PLN and paying Polish taxes. From my understanding its a new law that went into affect 2014.

Alior Bank officially gave us a mock up of 4.4% + LIBOR then another 2.2% until the building is finished on top of many fees and a 2.5% commission. I don't believe this included insurance for the property or ourselves. Its a lot more then we anticipated but they are the only bank willing to entertain the idea of lending to nonPolish residents

We spoke with a BNP Paribas and an agent in Rzeszow said it might be possible. He has not responded to our email.

Citibank and Deutsche Bank give the impression that they will offer you a loan but I don't believe the front line phone agents are familiar with this. My wife read on another forum that a nonPolish resident did get approved for a Deutsche Bank loan. The reps we spoke with said this was not possible.

Does anyone have any success stories to share?

thank you
Robert

AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

Living in Poland Guide

Find out about where expats live, how important it is to learn Polish, and even where some of the best places are to enjoy a beer in Poland. Information on Warsaw, Krakow, Tricity and other areas are also covered in this introduction to expat life in Poland.

Poland Forum
Join our Poland forum to meet other expats and talk about living in Poland.

Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Poland.

Best Places to Live in Poland

If you're dreaming about living in Poland, here are the 15 Best Places to Live in Poland in 2023.

60 Expats Talk about Healthcare & Health Insurance in Poland

Expats living in Poland talk about their own experiences with healthcare, hospital visits, emergencies, finding a doctor, buying health insurance in Poland and more.