Financials

A simple way to save money

23rd February 2012 - 05:53
Moving to Bulgaria and needing to exchange currency from the UK to your new home can often have consequences that are very confusing – and costly. Many people simply use their high street bank to move money and end up losing money through fees and bad exchange rates. When you need to transfer money between the UK and Bulgaria, you could lose money through various means; bank charges, poor exchange rates and bad timing. Don’t despair! These losses can be avoided or  more...

Claiming your pension in Bulgaria

24th November 2011 - 04:26
The thought of retiring used to be one of excitement and relief; looking forward to relaxing and spending your hard earned money on enjoying life. However, these days that picture has been tainted for many by debt, rising costs of living and low pensions. So much so, that many people are continuing to work well past their retirement age simply so that they can afford their soaring day-to-day bills.   It is no wonder then that Bulgaria continues to attract UK  more...

Tax planning for a move to Bulgaria

12th October 2011 - 02:36
When moving to Bulgaria there will be lots of things to organise and think about but some things are of greater importance than others. Tax is something that can get complicated and also leave you with less money to spend so it is important that you work out exactly what you can expect to be paying once you live and earn in Bulgaria. The current tax in Bulgaria is a flat rate of 10 per cent for anybody who has an income. There may be special exemptions for those with  more...

Cost of living in Bulgaria

31st August 2011 - 04:19
The general cost of day-to-day living in Bulgaria is inexpensive. In fact, so low is the cost of living that it is amongst the lowest world wide. Eating and drinking in particular are very cheap, with a meal costing around €6 and a bottle of beer costing less than €1. Petrol is cheaper then the UK, as are most other foodstuffs, services and products. Prices do tend to vary from town to town, and the larger cities will be more expensive to live in, however overall you  more...

Financing a property in Bulgaria

21st July 2011 - 04:37
When moving to Bulgaria you will need to think about a lot of things, including how you plan to finance your property as well as your move. Your finances will be a top priority and it is well known that moving house is one of the most stressful and expensive things we go through. So every penny really does count. You may well be fortunate enough to be able to purchase your property outright, however, the majority of people will not be lucky enough to be in that sort of financial  more...