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-   -   Coming to France as permanent resident - help needed. (http://archives1.twoplustwo.com/showthread.php?t=511238)

Akimka 09-28-2007 11:15 AM

Coming to France as permanent resident - help needed.
 
I am moving along with my wife to permanent residence to France. I am professional poker player and wondering about some issues
1) Is it legal to play poker online in france now? What is current state of things?
2) Is is taxable?
3) What banks say if I will withdraw my winnings to my bank account? Is it ok?
4) Is poker profits can be good as matter of income? I mean real estate loans etc?

If anyone has some time and can talk with me about issues on AIM/ICQ I will be more than thankfull. ty

Chillee 09-29-2007 06:25 PM

Re: Coming to France as permanent resident - help needed.
 
1) Yes.*
2) Yes if its your only/main source of income.
3) If its a big amount they may report it to the irs but if you pay taxes on it no problem.
4) This probably will be a problem as poker player is not really considered a a real profession around here.

* The situation is a bit complicated as online poker room are forbidden from advertising in France because of the monopoly of a French company on money games. But the situation should change soon as this monopoly is illegal for the European commission.
No one as ever been arrested or sued for playing online poker i think.

Chillee 09-29-2007 06:29 PM

Re: Coming to France as permanent resident - help needed.
 
BTW welcome to france [img]/images/graemlins/smile.gif[/img]

GrumpyB 09-30-2007 11:27 AM

Re: Coming to France as permanent resident - help needed.
 
Akima,

I hope you make it because France really is a great place to be. But the paperwork is a nightmare.

Fortunately, (as a non-French resident) I work for a large French company and have a permanent contract. But without proof of a steady income you are likely to find even just renting very problematic.

But good luck. It's worth the effort [img]/images/graemlins/laugh.gif[/img]

adi 10-01-2007 10:06 AM

Re: Coming to France as permanent resident - help needed.
 
i thought this thread made it clear there are no taxes on poker in france?

http://forumserver.twoplustwo.com/showfl...=0#Post10954694

http://doc.impots.gouv.fr/aida/Apw.fcgi?...docFiscale.html

Akimka 10-01-2007 11:29 AM

Re: Coming to France as permanent resident - help needed.
 
My wife will have contact in university at Nantes so there will be no problem. I hope there no laws that limit %% of salary going to renting? Because we want to rent a condo and my wife will have only 2500euro as salary as postdoc.

About no taxes for playing poker - that's very interesting, I will look into this threads.

And another problem - my frends telling me about high criminal rate at France. Is it true? I hope not [img]/images/graemlins/wink.gif[/img]



<font color="green">Oups, i wanted to quote your post i edited it. Back as before i think </font>

Chillee 10-01-2007 02:57 PM

Re: Coming to France as permanent resident - help needed.
 
[ QUOTE ]
i thought this thread made it clear there are no taxes on poker in france?

http://forumserver.twoplustwo.com/showfl...=0#Post10954694

http://doc.impots.gouv.fr/aida/Apw.fcgi?...docFiscale.html

[/ QUOTE ]

-You have a job and you win 10 millions in a poker tournament = you pay no taxes

-Poker is your job and you make 15000€/year you pay taxes.

The whole point is if its a game you practice for fun, beside a job or studies, or if its your only source of revenue.
In the first case it is true that whatever you win there are no taxes.

Chillee 10-01-2007 03:07 PM

Re: Coming to France as permanent resident - help needed.
 
[ QUOTE ]
My wife will have contact in university at Nantes so there will be no problem. I hope there no laws that limit %% of salary going to renting? Because we want to rent a condo and my wife will have only 2500euro as salary as postdoc.

[/ QUOTE ]

Don't know about this king of law but usually owners will require a salary mush superior to the rent, with guaranties etc.. Maybe Nantes is nicer in this department as Paris is hell for renting.

[ QUOTE ]

About no taxes for playing poker - that's very interesting, I will look into this threads.

And another problem - my frends telling me about high criminal rate at France. Is it true? I hope not [img]/images/graemlins/wink.gif[/img]


[/ QUOTE ]

Yeah there are lot of tax criminals [img]/images/graemlins/wink.gif[/img]

Wylke 10-01-2007 08:00 PM

Re: Coming to France as permanent resident - help needed.
 
I think that some players asked to their taxes controllers if they could have declare their benefits from the poker. All the differents cases haven't been exposed but I think that even if you're a professionnal poker player, you can't declare your winnings, because poker is considering as a hazard game in France. So you probably wouldn't have to pay taxes on your winnings, but you're not considering as a worker, you don't have any job.
I hope that you wouldn't have any problems to stay in France with your wife, but it is not as easy as you could think, in particular with our current governement.

Welcome to France

Seb86 10-03-2007 02:17 AM

Re: Coming to France as permanent resident - help needed.
 
[ QUOTE ]

4) Is poker profits can be good as matter of income? I mean real estate loans etc?


[/ QUOTE ]

I am willing to pay to see your banker face when you tell him you are a professional gambler.

Welcome to France [img]/images/graemlins/smile.gif[/img]

Also if you think NL 1/2 is soft in Vegas try the 2/4 or even 5/5 in some parisian cardroom, you will see what soft games are.


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