Helping You Build a Life Overseas

Financials

 

How much does it cost to buy a property in Bulgaria? How much does it cost to maintain
a property in Bulgaria? How can you finance the property? What about employment,
claiming your pension in Bulgaria, or finding other sources of income? And what is the
biggest financial mistake that Bulgarian property buyers make? Find answers here…
 

Costs associated with buying in Bulgaria

There are a range of hidden costs and taxes associated with buying property in Bulgaria. Today the Bulgaria Buying Guide outline them for you... We imagine that when you are sat around browsing what type of property you can afford in Bulgaria, you will be positively startled at just how cheap some things on the market are. Before you get carried away planning the multitude of ways that you can fritter away the rest of your budget – new skis, golf clubs,  More...


Banking and finance in Bulgaria

Sorting out your banking and finances will be one of the primary things to take care of when you buy property or make the move abroad. Today the Bulgaria Buying Guide take a look at things to consider when setting up your overseas bank account... When you move abroad or purchase property, you will need to have a Bulgarian bank account set up in order to start your new life. The majority of banks around the world will operate in similar ways  More...


Choosing your new bank

When making the move abroad or purchasing a holiday or investment property, you will have a million and one tasks on your ever-growing to-do list. Perhaps one of the most pressing will be setting up a bank account. In a number of places, you won’t be able to carry out a house purchase unless you have an account set up there so it is an absolute necessity. If you are emigrating for good, you may be tempted to close all accounts and shut off all ties with the UK. Although  More...


Transferring money abroad – the important facts

Maybe you have just made the decision to make the big move to Bulgaria, perhaps you’ve just decided that you would like to spend a considerable portion of the year there or maybe you are in the process of buying an investment property. Presumably you have sorted out all the essentials - where you will live, a job should you need one. The next step is transferring your funds abroad. The automatic reaction for people who have neglected to conduct any research in the best  More...


Day to day living costs

When starting your new life in Bulgaria you will need to take the time to monitor your day to day living costs in order to be able to budget for the future. As with any country around the world, if you move to a large city or town, you can expect things to be much more expensive than if you were to move to a remote area. Cities such as Sofia, Plovdiv and Varna will be more expensive across the board than lesser-known places that the masses are yet to discover. When working out your day to  More...


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