BULGARIA - THE BEST PLACE FOR INVESTMENT AND LIVING Legend has it that when God was giving lands to the peoples of the world he forgot the Bulgarians. To set things right he took a piece of Heaven and gave it to them. Founded on the crossroad between West and East, North and South civilizations and cultures, the key word for Bulgaria is variety. High mountains with endless ski runs, lakes and rivers, green forests, grassy foothills, sea coast bays and long sandy beaches, SPA resorts combining balneotherapy with climatic treatment, can still be discovered unspoiled...    Find out more

At the present moment our company sales apartments in our already completed projects Hill Tower 1 and Hill Tower 2, as well as in our newest project – Hill Tower 3 in Sveti Vlas. For the serious property investors buying an apartment in construction could be a real value for money: - first of all, the price of such property is lower than the price of the already completed properties. - Secondly, the opportunity to choose is much bigger than in completes complexes where most of the apartments (usually the best ones) are already sold. - Third, there is still possibility to make...    Find out more

Generally property viewing trips are free of charge if you purchase at least one of the properties you view through the agency that is offering the property. We as a developer do not charhe fee for viewing trip. Having decided that you would like to see any of the properties built and offered by our company you can arrange your trip to Bulgaria. We may arrange meeting you at the airport and get you to your hotel as well as showing you our properties. If you need any assistance for your flights, money exchange, legal advice and many other services that will help you arrange your...    Find out more

V.A.T. is currently 20% and although a reduction has been rumoured there are no firm plans. The Socialist Party has said that if it wins the june 2005 elections it will reduce V.A.T. on some products, namely those of primary importance. V.A.T. is declared and paid on a monthly basis, the last deadline being the 14th of each month. There are hefty fines for late submissions and payments. All incomes in Bulgaria - private and company - such as perosnal incomes, capital gains, etc. are being taxed 10% flat tax rate Personal Income Tax Bulgarian tax residents are all individuals who have...    Find out more

Residence Permit All foreigners staying in the territory of Bulgaria for more than 30 to 90 days require a residence permit. This depends on their nationality and the purpose of their stay. The residence permits are valid for 12 months and can be renewed at the end of its validity. The holder’s dependants are also granted a permit. There are different types of residence permits issued according to the applicant’s employment status such as employee, pensioner, and freelance professional. Applicants must obtain a short or long stay visa in their home country to...    Find out more

Permanent Residence Permit A permission for permanent stay shall be possible to receive the foreigners: 1. of Bulgarian ethnic origin; 2. five years after the marriage with a foreigner staying permanently in the country; 3.  small or below age children of a foreigner with permanent stay in the country and who have not been married; 4. parents of Bulgarian citizens when they provide the due legally established support, and in the cases of acknowledgement or adoption – upon expiration of 3 years from the acknowledgement or adoption; 5. stayed on...    Find out more

Visa Information As from 1st of January 2007 the Republic of Bulgaria applies the Common Visa Policy of the European Union under the terms of the Treaty of Accession to the European Union. According to the article 4 of the Act concerning the conditions of accession of the Republic of Bulgaria and Romania and the adjustments to the treaties on which the European Union is founded, the provisions of the Schengen acquis, listed in Annex II, are binding on and applicable in Bulgaria from the date of accession to the European Union. The Schengen acts not referred to in the annex,...    Find out more

Bulgarian embassies abroad ALBANIA, TIRANA     Embassy of the Republic of Bulgaria     Ruga Skenderberg, 12     Tirana     Tel.: (00355 42) 3 29 06, 3 31 55     Tel./Fax: (00355 42) 3 32 72     E-mail: bgemb@icc.al.eu.org  ALGERIA, Algiers     Ambassade de la Republique de Bulgarie     13, bd. Colonel Bougara, El-Biar     1600 Alger     Tel.: (00213 2) 23 00 14, 23 01 21     Fax:...    Find out more