Fleeing Sweden for London

GLGL~~

You have a long way to go..

You'll be better off staying in Sweden, since London is hellishly expensive. $1200 = your rent in a shared flat.

Basically Skatteverket won't ask you for 30% on every pot, it's more what you withdraw and you declare it. There are ways around this to. You could for example use neteller, and their neteller mastercard/visa (they will however screw you on exchange rates etc). But that way skatteverket won't know about it.

If you play on a EU based site, 0% taxes + rakeback.

On November 05 2010 02:43 iop wrote: You have a long way to go.. You'll be better off staying in Sweden, since London is hellishly expensive. $1200 = your rent in a shared flat. Basically Skatteverket won't ask you for 30% on every pot, it's more what you withdraw and you declare it. There are ways around this to. You could for example use neteller, and their neteller mastercard/visa (they will however screw you on exchange rates etc). But that way skatteverket won't know about it. If you play on a EU based site, 0% taxes + rakeback.

The rent in London isn't that expensive when you live in a flatshare with multiple people. I have friends who live there and they do not pay anywhere close to $1200 in rent. However, I know that London is expensive and I don't want to live in Sweden anyway.

From what I've read many people have gotten their ass handed to them because of the taxes. But lets imagine a fantasy scenario where I deposit $1000 and after a couple of months I've made $4000 so I cash out 5k, I only have to pay 30% of 5k then? Because the law doesn't seem very favorable for a ~$2000/mo player, as I have to pay a fuckton of that in taxes. Are the people at skatteverket more reasonable than the horror stories you read about online?

def worth quitting ps and start playing on taxfree sites, youll get higher rakeback and youll probably find the game a lot softer

Depends upon the standard of living you want in the UK - if you want to live in a shithole with a load of people coming and going all day and interrupting your poker then go for a flat share with 20 people by all means.

No you dont pay taxes in the UK on gambling winnings - but before living in London i suggest you have good long term winning record for far more than $2k per month otherwise it will be bar work for you mate!!

play tight and on eu site, play alot. read alot, watch alot of coachingvideos.

repeat

The thing is, if yo're aiming for 2k, it's gonna be somewhere between NL50 and NL100 and you're going to have a really really hard time to move up in stakes, because of the constant cashing out.

My advice to you is, Hit NL100-NL200. Have money set aside for 6 months of living, it will make things a lot easier. But if you're starting out just now, you're in for a bumpy ride and I'm not the slight bit jealous.

My friends who've had skatteverket after them, have all been high stakes players who have donked a big mtt on stars / ftp. Haven't heard of skatteverket caring about 4k. There is x amount that your bank has to notify skatteverket, where the money came from. Not sure if it was 50k SEK or 100k SEK per month. Might be less too

For Swedbank it is 100k SEK, I cant speak for the other ones. You shouldnt focus on max amount to withdrawal though. Like iop said, I think you should wait before you "go pro" and establish yourself at NL200. No need to be "I dont want a job so I START playing poker", you will need a job to pay for expences and to buffer your economy so that you dont have to withdraw so much each month.

gl hf in your endeavours

renalluk, är du helt säker att det är 100k för Swedbank?

On November 05 2010 03:32 SolHeiM wrote: Show nested quote + On November 05 2010 02:43 iop wrote: You have a long way to go.. You'll be better off staying in Sweden, since London is hellishly expensive. $1200 = your rent in a shared flat. Basically Skatteverket won't ask you for 30% on every pot, it's more what you withdraw and you declare it. There are ways around this to. You could for example use neteller, and their neteller mastercard/visa (they will however screw you on exchange rates etc). But that way skatteverket won't know about it. If you play on a EU based site, 0% taxes + rakeback. The rent in London isn't that expensive when you live in a flatshare with multiple people. I have friends who live there and they do not pay anywhere close to $1200 in rent. However, I know that London is expensive and I don't want to live in Sweden anyway.

This means nothing without the location, size of flat and number of people in it.

You can probably get a great deal on a flat in Peckham if you enjoy getting happy slapped by a bunch of chavs everytime you step outside and stairwells that double as a restroom for the local homeless/crackhead population.

Anyway, lets assume you do rent for $1200, you have $800 left per month for

- Food
- Utilities
- Transport
- Internet
- Misc. Expenses

I hope you get a comfortable place to live, because you wont be going out very much, if at all.

London is extremely expensive, and the average wage in London is generally higher than elsewhere because of this and its a lot higher than $2000 per month.

On November 05 2010 04:12 rednalluk wrote: For Swedbank it is 100k SEK, I cant speak for the other ones. You shouldnt focus on max amount to withdrawal though. Like iop said, I think you should wait before you "go pro" and establish yourself at NL200 (or whichever stakes is necessary). No need to be "I dont want a job so I START playing poker", you will need a job to pay for expences and to buffer your economy so that you dont have to withdraw so much each month. gl hf in your endeavours

But wouldn't Swedbank wonder wtf'sup if I withdraw 20k SEK per month and then report me to skatteverket after I've done that for maybe a year? I'd rather not get my ass handed to me.

I'm not expecting to go pro anytime soon. Hell, I'm not even expecting to go pro after one or two years of playing. I'm perfectly happy working a dead-end job for a couple of years until I am good enough to consistently win and make enough to life off of it at NL200. I just don't want to work for my ENTIRE LIFE. I don't want to be bound by a specific location due to being forced to work 9-5.

I'm trying to get an online thing going, but that's not a guaranteed income unless you have lots of visits.

Lmao @ Byrnesam, clearly knows London

All you get for $800 in Peckam is stabbed!!!

Why not go to Spain instead? like Tenerife or Barcelona, the weather is much better and its also cheaper than London and I assume way less depressing.

On November 05 2010 06:21 EvilSky wrote: Why not go to Spain instead? like Tenerife or Barcelona, the weather is much better and its also cheaper than London and I assume way less depressing.

Yeah I'm not excluding those places, however I do want to live in an English-speaking country and I have friends who live in London so it seems like a good choice even if it may be expensive.

i live in england, but not london and i would say $2000 just about covers expenses with very little to spare. In london i imagine you would need closer to $3000 to live at an acceptable standard. Yeah its tax free, which is sweet as a nut considering every1 around me loses at least 20% of their wages!

On November 05 2010 06:21 EvilSky wrote: Why not go to Spain instead? like Tenerife or Barcelona, the weather is much better and its also cheaper than London and I assume way less depressing.

Spain, I can only speak from my experience living in Barcelona. No-one speaks english here, no-one. The tax issues are complicated here, as nothing is clear how much you are supposed to pay, and to whom.

I do love the atmosphere, drinking, eating out is fairly cheap, as is drinking (at least compared to Sweden). I pay just over €1000 for a 60 sqm (1 bedroom, 1 livingroom/kitchen, one washroom, and a small guestroom. I however got lucky, since I had a spanish real estate guy, who was friends with my boss who did all the negotiations with our landlord, and got the price down quite a bit.

So for 2 rooms you'll pay 1200-1800€ from what I've seen.

iop are u still in barcelona ? i live there too, maybe we could meet for one beer (or dozen).
taxes in spain complicated ? what ? i dont pay anything, im not officially here at all ...and those rent is too high what u posted, i pay 400 €/ month for a room in small 4room shared flat with 2 slovakian roommates, however its 20 minutes far from centre(using subway)