Frequently asked questions

Banks grant loans to persons of foreign origin who earn income in Poland. Our task is to help the client prepare the documentation and find banks in which he will be able to obtain the cheapest mortgage.

We do not charge customers commissions for granting loans. We offer financial intermediation services for our clients. We charge commission only to the financing party, i.e. banks. We have additional paid legal and support services. Their price is determined individually based on the client's situation.

POLASSETS Sp. z o.o. is the agent of ANG Spółdzielnia. ANG Spółdzielnia, within the meaning of the Mortgage Loan Act, is a related intermediary and acts on behalf of and for the benefit of financial institutions:

MORTGAGE

a) Alior Bank SA
b) Bank BGŻ BNP Paribas SA
c) Bank Handlowy w Warszawie SA
d) Bank Millennium SA
e) Bank Ochrony Środowiska SA
f) Bank Pekao SA
g) Bank Pocztowy SA
h) Bank Zachodni WBK SA
i) Credit Agricole Bank Polska SA
j) Deutsche Bank Polska SA
k) Eurobank SA
l) ING Bank Śląski SA
m) mBank Hipoteczny SA
n) mBank SA
o) Pekao Bank Hipoteczny SA
p) PKO Bank Hipoteczny SA
q) PKO Bank Polski SA
r) Raiffeisen Bank Polska SA

KREDYT GOTÓWKOWY / KONSUMENCKI

a) Alior Bank SA
b) Axcess Financial Poland Sp. z o.o.
c) Bank Pekao SA
d) Bank Pocztowy SA
e) Deutsche Bank SA
f) EuroBank SA
g) ING Bank Śląski SA
h) mBank SA
i) Mogo Sp. z o.o.
j) Nest Bank SA
k) Raiffeisen Bank Polska SA.

The range of mortgage offers is available at: www. angkredyty.pl/pl/produkty/partnerzy-i-ich-oferty.

Most banks accept income earned abroad. It should be a fixed income, preferably from a full-time contract of employment or its local counterpart. It should be remembered that the bank, when examining the ability of an applicant who receives income abroad, will take into account the higher costs of maintaining a household to calculate creditworthiness than in the case of borrowers living in Poland. Our task is to thoroughly examine the client's situation, estimate creditworthiness and prepare the offer of banks that will be able to provide financing. Then we will complete all the required documents and take care of the entire process. The client may be represented by our representative in Poland.

You can only take out a housing loan in the currency in which you earn the income. An applicant working abroad will therefore be able to apply for a loan in the currency in which he receives remuneration. If the applicant obtains income from several sources in several currencies, the loan currency determines the predominant income. In Poland, banks provide loans in currencies whose issuers are countries that are popular among Poles working abroad. Our task is to thoroughly examine the client's financial situation and evaluate the application in terms of funding opportunities in a given currency.

The time needed to carry out the loan process depends on several factors. The first is where the bank conducts the loan process. Banks inform about the current waiting time for a credit decision. Another factor is the purpose of financing. If it is a mortgage loan, the process is short and should not take more than 2-3 weeks. In the case of a loan for building a house, the waiting time is longer due to the greater number of documents and risk factors that the bank has to assess. Our task is to match the banks' offer to the client's needs considering how much time the client can spend on the loan process.

The basic cost of the loan, which must be borne before granting it, is a bank commission. An additional and mandatory cost is also bridging insurance activated in the initial loan period until the mortgage entry becomes valid in the land and mortgage register, which secures the loan. If the client has a smaller own contribution than 20% of the value of the investment, he is insured with a low contribution. Depending on the bank's offer, the loan installments also include insurance premiums or the costs of running a bank account. Our task is to provide the customer with all costs in the banks considered and help in finding the cheapest option.

There are several ways to increase your creditworthiness. The basic way is to increase income and reduce loan commitments that the client is able to pay off earlier. There is also an option for an additional borrower who will support the client with their income. Our task is to examine the possibilities that the client has, help in the development of the action plan and verification of persons who could help the client to improve their ability.

It is possible to take a loan with a partner who is not married to the applicant. It is important, whether these people run a joint household. If not, the bank will take into account the higher maintenance costs when examining applicants' creditworthiness, treating them as two separate holdings.

Each client has the right to pay off the whole loan in advance or partially overpay it. Some banks use commissions charged in the case of repayments made in the initial loan period. Our task is to present to the customer the principles of early repayment in the banks considered and assistance in developing a plan of overpayments, which will reduce the interest cost of the loan.

Yes, of course they can. There are no regulations prohibiting foreigners from investing in Poland. However, it is necessary to take into account the internal procedures of specific financial institutions, tax regulations and issues of reporting financial products. This applies in particular to US citizens. Our task is to make it easier for clients to invest their capital and assist with all related procedures.

Investing in each asset class is characterized by volatility. After each upward wave, the adjustment of results comes. While some investments make money, others can bring losses. There are asset classes that are more volatile than others, which can result in higher profits or greater losses. Our task is to know the client's situation, and to propose solutions that will suit his needs, and meet his expectations in terms of profitability, access to resources and security.

The interest rate on bank deposits is a derivative of interest rates established for the entire economy. Their are being set by NBP - Polish central bank. Currently - for several years - we have dealt with record low interest rates. The rate of the basic NBP reference rate is currently 1.50%. As a result, bank deposits have similar interest rates per annum. Our task is to find the best investment solution for the client that meets his expectations in terms of profitability, access to funds and security.

Investing in real estates can take one of many forms. Their selection depends on the amount of capital the client has. With several thousand PLN, you can acquire investment units based on commercial real estate or buy shares or bonds of developers. This form of investment is, however, passive because the investor has no real impact on the course of the investment or the decisions of the managers. With an amount of over one hundred thousand zlotys, you can buy real estate and choose one of several strategies. You can renovate a flat and sell it at a profit, i.e. make a filip, or keep it for rent. Renting may be of a long-term nature, where tenants are people working or students or a short-term character, where customers will be tourists and people staying in the flat for a few days. Of course you also take the advantage of rising value of your property. Our task is to choose the right investment strategy, find a bargain property and help customers generate a profit at a satisfying level.

You can earn on real estate in two ways: by increasing their value over time and regularly received rent from a lease. Real estate is characterized by stable profits and low investment risk, although it should be borne in mind that it also involves risks. Well prepared strategy should bring you no less than 8-9% per annum from rent only. Plus additional increase of the value which may vary from the region but is very dynamic. Our task is to provide clients with investment opportunities in the form of ready-to-let flats and provide them with regular rent payments, without having to deal with housing.

A ready-to-let flat is a property that is prepared for a specific investment strategy. It is completely equipped, and often even has agreements with tenants. It may be an apartment in which tenants pay a regular rent, or a commercial premises, where the tenant is a commercial network. Our task is to offer the investor the right property, so that he does not make any efforts and from the very beginning he began to make money on rent payments or on quick sales with profit, i.e. on the so-called flip.

Yes, every foreigner with legal capacity can purchase real estate in Poland, regardless of the legal relationship between him and Poland. For the purchase of residential premises (except for apartments located in the border zone) no additional formalities are required. Simplifying, in the case of buying a home and buying an apartment in the border zone, the permit of the Minister of Interior and Administration is required. This does not apply to citizens of the European Economic Area and Swiss citizens. Our task is to represent the client at every stages of the transaction and organize the documentation and help in passing all necessary formalities, leading to the successful acquisition of real estate.

Citizens of countries belonging to the European Economic Area and Switzerland do not need a permit to purchase real estate in Poland. In the case of citizens of other countries, permission to acquire real estate by a foreigner is required in case he wants to buy a commercial property or a house. This means that it is not required to purchase a flat. In addition, a foreign national with the exception of EEA and Swiss citizens who wants to buy any property located in the state-border area, regardless of its nature, will need a permit. The state-border area covers the area of ​​communes adjacent to the state border. The permit to purchase real estate by a foreigner is issued by way of an administrative decision by the Minister of Interior and Administration. However, such permission is not required from persons who have lived in Poland for at least 5 years from granting them a permanent residence permit or a long-term resident's EU residence permit. A foreigner who is married to a Polish citizen and has been living in Poland for at least 2 years since granting him a permanent residence permit or long-term resident's EU residence permit, who wants to purchase a house that will constitute a statutory property community of spouses, is also released from the obligation to obtain a permit. Our task is to compile relevant documentation, as well as coordination of activities resulting in the issuance of a permit to purchase real estate by a foreigner.

The purchase of real estate takes place by signing a purchase contract in the form of a notarial deed. If the buyer can not appear in person at the notary, he may appoint his representative. The power of attorney is also issued in the form of a notary deed by indicating the appropriate person who is to complete all formalities related to the purchase of the property on behalf of the buyer. The power of attorney may be issued during a visit to Poland prior to the procedures related to the purchase or even abroad. In this case, the notarial deed issued in another country must have the appropriate "apostille" clause. Our task is to appoint an attorney in the person of our legal counsel and make it efficient and safe to achieve the buyer's goal.

In order not to expose yourself to unnecessary risks, and consequently to the unpleasantness and costs associated with the purchase of real estate, you should check it before making a transaction. The legal status of the premises will help to establish a land and mortgage register, which is mandatory for each property. It is publicly available on the internet, so everyone has an insight into it. All you have to do is know the number you can get from the seller. The obligation to determine the actual legal status of real estate rests with the notary who signs the purchase contract in the form of a notarial deed. When determining the technical condition, a professional will be helpful to prepare an inspection report with a list of elements that the developer should improve. On the secondary market, they will be the basis for possible price negotiations with the seller. Our task is to involve a legal adviser, notary and technical specialist in order to minimize unnecessary risks so that the transaction runs in a safe way for both parties.

The cost of buying an apartment depends on whether the flat is new or used. With new apartments purchased from the developer in the primary market, you should go to a notary public twice. The first time in order to sign a development contract, and the second time - after receiving the apartment - to sign a contract to buy a flat. The cost depends on the price of the property and on the notary's fee applied by the notary public. The maximum amount of a notary fee is, however, regulated by law. If you buy a used flat, you only need one visit at the notary's to sign a purchase contract. However, one should take into account the fact that on the secondary market it is necessary to pay tax on civil law transactions. It is 2% of the transaction value. There is no tax on the primary market. Our task is to supervise the purchase of a flat to avoid any hidden costs associated with the transaction.

A large part of entrepreneurs have external financing associated with debt instruments, and most often with a bank loan. In addition to a bank loan, the company may be supplied with money from loan funds, private loans or even from bond issues. However, leasing is a popular financing method, usually associated with vehicle financing. This mechanism can be successfully used to acquire many other company assets, such as machines, equipment or even real estate. The fact that the company is increasingly popular in filling liquidity is factoring, which allows you to quickly obtain money for invoices issued to recipients of the company's products and services. At some stage of development, you can invite companies of subsequent partners by issuing shares or selling shares. Our task is to select the optimal method of financing the company depending on the stage of its development and investment needs. We minimize the costs associated with the entire operation while securing the interests of the entrepreneur.

Leasing is a tool beneficial for the entrepreneur. It allows you to keep the necessary cash in the company, which will help you acquire and service new contracts in a fast and efficient way. Vehicles, machines, technical equipment or even real estate can be leased by paying monthly installments without freezing capital. An additional benefit is the tax shield, which is associated with the booking of leasing installments. Our task is to choose the right financing tools and find the cheapest leasing on the market.

Corporate bonds are a financial instrument by which companies can borrow from investors money for business development or repayment of other liabilities. The company may issue bonds as an alternative to a bank loan. The advantage is high flexibility, because unlike the loan, the company itself and not the bank determines the conditions under which he wants to borrow money. Without the need to prepare complicated documentation, you can obtain capital of up to 1,000,000 Euro per year from this source. If the borrowing needs of the company exceed this amount, with the involvement of the brokerage house and preparing the prospectus, much larger amounts can be obtained. Our task is to properly recognize the client's capital needs and cooperation in preparing the issue of bonds, which will bring the expected level of financing.

Acquiring financing for entrepreneurs is a task that requires knowledge, contacts and experience. We effectively share our strengths, efficiently raising money for our clients to develop their business. The remuneration for our work is fair to each of the parties. We settle accounts with the client on the basis of a brokerage contract, making the level of our remuneration dependent on the amount of funding obtained and the level of complexity of the case.