Citizens of EU states may own property and land in Bulgaria at the same terms and conditions as Bulgarians. Cheap Investment Property Bulgaria: Bulgarian Property: Bulgarian Property Investments: Bulgarian Off Plan Property: Real Estate Bulgaria: Apartments in Bulgaria : ECOLOGICAL LIVING IN BULGARIA: BG-73070. Family reunification in Bulgaria; 6. Because of the speculations, I decided to write this small post. Regulated basically means the land can be developed subject to planning permission. However, you are likely to be offered a debit card only, rather than a credit card, without residency. Call Properties in Bulgaria (a service of easyBG Real Estate LLC) - probably the best UK BG property specialists since 1998. Spend any time checking forums and you’ll find fairly even numbers of British expats extolling Bulgaria’s virtues or hauling it over the coals. Refurbishments are to be expected if you buy, but a common warning on forums is to get local advice and recommendations when it comes to builders and never to pay everything upfront. Bansko, Blagoevgrad. The first things you need to consider when buying land in Bulgaria are current laws. The first things you need to consider when buying land in Bulgaria are current laws. Since 1 st January 2012 EU and EEA citizens are allowed to buy land in Bulgaria, following the expiry of the 5 year prohibition included in the Treaty of Accession of Bulgaria to the EU. For … m. land farm near Vidin, Bulgaria. See houses, villas and apartments from the leading agents in Bulgaria on a map. Sign In (Manage Property) List ... in Yambol region.The property is located in Yambol region and consists of 1000sq.m built up area and 6000sq.m plot of land. The rate of home ownership in Bulgaria is high, at close to 90 percent, with many Bulgarians inheriting land and even a second home. You will need to present proof of your income or pension and that you have a bank account in Bulgaria. Your pension and other incomes will be taxed in Bulgaria at a flat rate of 10 percent, compared to the UK’s 20 – 45 percent. You can choose your GP so most expats tend to choose a local and/or English-speaking doctor. It’s a small town nestled at the foot of the Pirin mountains, with a low cost of living making it attractive to those ski fans otherwise eyeing up France, Italy and Switzerland. New Bulgarian rules require immigrants to demonstrate they can support themselves financially, although the Bulgarian prime minister has publicly welcomed British migrants. Bulgaria is a land full of property waiting to be invested in, that is what you can expect when buying in Bulgaria, Depending on what city in Bulgaria you are choosing to get property in can vastly change the type of property available. In the city has several beaches, lakes with salt water which is used for balneology and mud. Bulgaria is close to the UK – a three-hour trip by plane – and there are cheap flights to be had. Buying land in Bulgaria-current legislation Updated 2011-02-08 11:32 Registering a company in Bulgaria in order to purchase land in Bulgaria is not difficult and time-consuming process now but it is a bit uncomfortable because of the obligations it creates for company management, accountancy, taxes, etc. In the last year or so prices of plots of land on the Black Sea coast, around the beach and ski resorts, around the big cities and towns fell, in some places considerably. Bulgaria has banned foreign investors from buying land plots, despite the lifting of restrictions for its citizens to work and live in the EU. Even then, you may be asked for proof of income being paid into the bank for up to six months. A country house in a remote village could be yours for as little as €20,000 and you could heat it for around £70 a month, half the price it would cost you in the UK. Talk NOW with no obligation to a real person. Just over 15 years ago Bulgaria was firmly under Communist rule and it is only in the past decade that the country has fully opened itself to outside … The LIMA app can help you with traffic and road conditions. I have been looking at cheap agriculture land in Veliko Tarnovo, but I would like a plot of land far from neighbours and would prefer a place with big mountains and nature such as in the south. Remarkably, the price of land is still very low in Bulgaria when compared to the rest of Europe. All rights reserved. Land in Bulgaria is essentially divided between regulated and unregulated. As in any other EU country, in Bulgaria you will need EHIC and an S1 form to get access to the same level of public healthcare as Bulgarian residents. Naturally both states took advantage of this option. If you want to buy a property in Bulgaria, you will need to contact a notary.. Understand your retirement income and pension options. 03339 391922 Local call rate. Bulgaria. It may be useful as a starting point to someone! We strongly recommend renting a property in Bulgaria first, before you buy. The same regulation applies for citizens of countries from the EU and the European Economic Area (EEA). I will try to clear out whether an EU citizen can buy regulated land directly in Bulgaria as from January 2012. You can draw the money out once the paperwork is done, we were informed. Boasting a well developed ski resort and exceptional natural beauty, investors have been buying ski chalets in Pamporovo and apartments in Pamporovo in increasing numbers! We know that buying property in Bulgaria whether it is a villa, chalet or apartment is just the start of your involvement with property in Bulgaria. The land that you buy on the name of the company could be residential, meaning, you want to buy the land to build a house, or industrial, meaning you want some land to build a factory or use it for some industrial activity, or it could be a plot of land that comes with a house. No registration needed! According to (now 10-year-old) figures from think tank the IPPR, some 18,000 Britons have moved to Bulgaria, about half living here for half the year and the other half permanently. House. 35 properties for sale in Balchik, Bulgaria. Clear title is king when it comes to buying property in Bulgaria. Prices in the UK are 82 percent higher than in Bulgaria, according to Numbeo – 214 percent including rent. Land Ownership in Bulgaria. Expatra is published by Expatra Ltd. UK © 2020. Note that in order to buy agricultural land in Bulgaria you will need to have a company which was registered at least 5 years ago. HOW TO BUY SERENELY IN BULGARIA? Right now, Bulgarian laws prohibit foreigners from owning land. There is a lot that goes into buying land in Bulgaria, more so if you are a foreigner. Historically, if you are buying property in Bulgaria you will find that property title is relatively sound. In Bulgaria, you should expect to pay personal income tax and homeowner’s tax, as well as vehicle tax and a fee for rubbish collection. So what is it like to live in Bulgaria and how do you go about moving and settling down there? Buying land in Bulgaria is a straight forward easy process. One can open and register a company in Bulgaria within 4 days. To the west of Sofia is the spa town of Bankya, about 20-30 minutes away. Private health cover is highly advisable and, although plans are expensive in comparison to the cost of state medical treatment, they are still cheaper than in other countries. You all year round restrictions depending where you come from welcomed British migrants (! 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