Skip to forum
Best place to play ...
 
Notifications
Clear all

Best place to play poker in Europe (tax free)

62 Posts
47 Users
1 Reactions
35.8 K Views

sLOVEEEEEEEEEEEEEEEnia!!!


Reply
Quote
bennisboy
Joined: 11.04.2011

Hey guys, not sure where I saw it, but apparently Slovenia is alright?


Reply
Quote
UPAY4DINNER
Joined: 28.09.2009

Originally posted by bennisboy
Hey guys, not sure where I saw it, but apparently Slovenia is alright?


Reply
Quote

If you look from all perspectives Slovenia is far ahead :)


Reply
Quote
danutz123
Joined: 03.05.2006

Shark/fish ratio is very important.


Reply
Quote
lood88
Joined: 26.09.2010

Slovenia and girls? :facepalm:
Hungary and Croatia are far far ahead in that matter.

You have to understand that all former yugoslavian countries are paradise for money laundering, corruption, all drug business. Actually for mostly all criminal activities.

In Croatia, most tax problems can be avoided just by using moneybooker's or something similar. As far as they can't track where you get money from, you can avoid any questions. Also, next year Croatia will be in EU, so you will be able to get MB plastic card and will be able to get cash from all ATM's.

Live games in Zagreb are extremely soft. Most common are €1/1, but there is casino in center that runs €2/5 almost every night, sometimes more.


Reply
Quote
CoreySteel
Joined: 25.10.2006

Originally posted by Gusano21
Thanks for the answers.

Im not sure about Slovenia. There is a law where they say that it is tax free for poker winnings? Or it's just that there isnt any law, like in the most of the countries in Europe?

It sounds good your description of Slovenia :)

Thanks!

There's no law for online poker per se, but for poker in general.
Players do not pay taxes, only casinos have to. Ergo, no taxes here.

On the other hand, it's not allowed to advertise (online) gambling products, if you do not have a license. That's why ISPs had to blocked websites bwin.com and pokerstars.com. Which is no big deal really :)

Not sure if Slovenia is the best option for you, but it surely isn't bad.
non-EU countries would be my first pick if I were you. Thailand? Mexico? Costa Rica?
I presume online poker is your bread and butter, not live, right?


Reply
Quote

What are the implications of a country not having a tax law regarding poker?

Sure there may be no taxing, but as far as earning that money while playing poker in one country, then taking that money to another country there may be some issues?

As for countries, I'm currently hopping around a bit, trying to find the best place for a more long term stay.

Went from Sweden to Holland to Bulgaria (where I'm currently staying and will stay throughout the summer at least)


Reply
Quote

Hi,

have you considered the location of our own HQ, Gibraltar?

Poker is 100% legal and tax free here and the weather is much nicer than in London ;)
Cost of Living in Gibraltar itself is quite high (though still considerably cheaper than London I guess) but you'd be close to Spain which you obviously must know quite well, this of course brings some saving opportunities for shopping, recreation etc.

Actually there's already quite a vivid community of poker players from all over the world here on "The Rock" and everyone seems pretty happy with their choice to me. ;)
And there would be no language barrier for you at all, with basically everyone here speaking english and spanish.

So unless political reasons prevent you from considering this territory (although my impression is that most Spanish people don't really care about Gib's political status), you may wanna add this to your list to check out.

You can contact us anytime if you'd like more info on this particular location! :)

Kind regards,
Hergen


Reply
Quote
Krimica
Joined: 23.04.2010

Personally I always say that Croatia and Montenegro are very good destinations. I guess Bulgaria is also pretty good for low cost. For example in Croatia the avg. salary is under 800 euros not to talk about Montenegro where 500 euros a month is way enough. You have beaches, places to go out, a lot of stuff. Although in the winter is not much going on. So basically in the winter grind like a mad man and then enjoy summer. Both of them have no taxes on poker winnings.


Reply
Quote
Swish29
Joined: 06.04.2009

On Malta officially people should be paying taxes. Your money will be sparkling white as long as you pay 5% of taxes. You need to set up a company though.


Reply
Quote
hacacare
Joined: 01.04.2009

As it goes now, online poker is becoming officially tax-free in Hungary for players (the bill is being discussed at the parliament these days). I am not sure how many sites will be left after the bill is accepted though, since they will have to pay a large sum as concession fee.


Reply
Quote
AfonsoMagalhaes
Joined: 03.12.2009

What about Portugal? Near spain, no legislation about online poker so its kinda free tax.


Reply
Quote

Originally posted by belthazorrrr
In greece poker is tax free for sure. On average with 1.2k dollars you will make a comfortable life so i guess we are cheap too

Other destinations i guess are Bulgaria, Czech Republic and Malta

I m not sure that in Greece is tax free m8. Have you any trustworthy source to confirm this? I m asking cause I m from Greece and I can' t find any particular information about the subject, apart from some general information stating that gambling in general is taxed here. If you know sth more please share it with us cause I m interested on this subject too.


Reply
Quote

On Malta officially people should be paying taxes. Your money will be sparkling white as long as you pay 5% of taxes. You need to set up a company though.

It doesn't make sense that regular residents pay up to 35% tax, and if you own a company you can withdraw the money at a total of 5% tax only?

Why doens't all the residents open up their own companies then? Although I've read some stuff about it, I can't find any detailed information about it.

If it is true that you'll end up with only paying 5% tax, then Malta is defo an interesting option.


Reply
Quote
TwiceT
Joined: 15.07.2007

Malta:
5% Corporate Tax effectively for your company only applies for non Malta citizens / shareholders. I could forward everybody interested tax consultants/experts from Malta if needed.

Austria:
Poker is not as clearly regulated like in UK, Gib or Malta but for a non-regulated-profession-country its probably a good tip ;) I could forward everybody interested to tax consultants/experts specializing in gambling if anybody considers Austria. Also, Vienna obv being the future world domination HQ ...

Those are the countries I have my best tax consulting networks right now.


Reply
Quote
double2
Joined: 04.11.2008

Portugal is a strong choice for sure. Not regulated (for now, probably next year, but you never know with politics).

Cost of living is low, specially if you avoid Lisbon. There so many nice cities, really safe and really cheap (Aveiro, Viseu, Coimbra, Braga, etc). Nice weather too.


Reply
Quote
belthazorrrr
Joined: 12.02.2011

Originally posted by DukeXIII

Originally posted by belthazorrrr
In greece poker is tax free for sure. On average with 1.2k dollars you will make a comfortable life so i guess we are cheap too

Other destinations i guess are Bulgaria, Czech Republic and Malta

I m not sure that in Greece is tax free m8. Have you any trustworthy source to confirm this? I m asking cause I m from Greece and I can' t find any particular information about the subject, apart from some general information stating that gambling in general is taxed here. If you know sth more please share it with us cause I m interested on this subject too.

Do you pay any tax when you withdraw from pokerstars or any other gambling site?


Reply
Quote

Originally posted by belthazorrrr

Do you pay any tax when you withdraw from pokerstars or any other gambling site?

Nop. The amount I want to withdraw is the exact amount I get. So I guess if I was paying taxes they would keep automatically some money on each withdraw I make?


Reply
Quote
sandraardnas
Joined: 11.01.2012

Hey, if in giblartar (and other countries with regulation) there are no taxes, and if tax office has no problem with source of your money then its great. But what if you broke your leg or got cancer? Can I pay some monthly health insurance to the goverment and have provided free health care for any kind of accident?
And what about job, do I need to work or I can just say that I play poker and nobody will care?

From myself I can say that in Poland poker is free of taxes, cause there is no regulation about that. So if goverment institution find out that you are playing poker and god forbid arent working (and you dont paying taxes and social security contribution) then you are in trouble.
You can pay, but then someone gonna ask why you have money if you dont work.
So if you don afraid of health problems and your retirement and jail, you can choose Poland:)
I think only one good thing in playin pro in this country is cost of living-about 600$ for flat and eating.
And in casinos you can play only tournaments.
And sea is cold here.
I recommend Poland only if like to figuring things out.


Reply
Quote