Tax Conditions For Property Investors In Bulgaria
Bulgaria offers one of the best taxation laws in Europe to stimulate economic activities, foreign business and property investment. The country is now part of the EU and all EU citizens benefit from special taxation treatment. They are taxed as local persons and can take advantage of the attractive taxation in Bulgaria. Here we explain how.
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Claim a VAT Refund on Your Bulgarian Property
Since the beginning of the year the Government has implemented a number of changes in the procedures of VAT refunds, all of which have intended to facilitate the process and make it a more effective one.
Bulgarian Property Sales by Public Auction
What are public sales? The answer to this question is really simple.
Insuring your Bulgarian Motor
It can be a difficult task making the right decision with regard to your Bulgarian motor insurance cover. There are four types of motor insurance available, namely: Motor Third Party Liability, Motor Casco (which covers damage to your own vehicle), Roadside Assistance and Legal Aid and Passengers’ Seats Accident insurance, which covers you for any accidents to your passengers.
The only compulsory cover in Bulgaria is the Motor Third Party Liability (TPL) and the rest of the above mentioned covers are optional. Third party liability covers bodily injury as well as material damages up to the following limits according to local legislation:
Overseas Residents Prefer to Bank at Home
Two thirds of British expats believe that UK banks are better than those available, in their country of residence and that sterling will prove a better bet than the Euro, according to a major new survey out this week from Lloyds TSB Bank.
Expat`s Working in Bulgaria
Thousands of expats are forced to return to their home countries every year.
Winter Fuel Allowance For British Pensioners in Bulgaria
The last thing on your mind on a hot Bulgarian summer’s day is an article about winter fuel payments...
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Not insuring your Bulgarian holiday property?
The real example: Bansko. Bansko is one of the most beautiful and well developed ski resorts on the Balkan Peninsula. With its nature, time honored trees, ski paths and great customer service Bansko attracts many tourists from different nationalities – Bulgarian, British, Russians, German, Chinese, Greeks, Romanians, Turkish and others.
Making your property rental pay
The economic crisis has ensured that we are all more focused on spending less and controlling household budgets. This has meant that those who have holiday homes in Bulgaria are looking carefully at costs and holiday rental returns.