I was wondering if anyone had taken out the recommended savings plan by Noble Bank. Apparently all money is invested in BNP Baribas and is tax free in Poland. Noble Bank were not able to provide much in the way of back up data on past performance but verbally stated 15% per annum which could then be used to help pay off mortgage debt , maturity period 5 years.
I was wondering if anyone had any more data to back this statement up , I guess the Polish economy is doing well and so returns on finance equities will be higher than more mature economies.
So far I have not sufficient data to make an informed decision to proceed. The other issue I guess is that even though not liable to Polish tax I would be liable to UK tax on any profits thereby reducing the benifit
Regards
Paul
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