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It is possible for Foreign Nationals to
own any number of properties in BG however the land upon
which they are built must be owned by a Bulgarian
Company. The set up and running of your company in BG is
one of the services we offer.
All transactions are in the Bulgarian Language together
with any legal documents that are required (e.g. Title
Deed). As in any legal transaction in a country that is
not in your native language we advise that a full
service of interpretation and translation be undertaken.
Bulgaria has official translators and interpreters who
are licensed to provide complete cover of the legal side
of your property purchase. Their name and registration
number is recorded on your Title Deeds and Company Set
up.
A Notary - a government appointed lawyer - oversees the
work of the buyer and sellers solicitors and formally
agrees the sale usually about one month after the
deposit is made.
The cost of securing your second home will include:
10% deposit to secure purchase
Solicitor and Notary fees for BG Company Set-up
Government Tax for BG Company Set-up
Official translation BG Company Set-up
Setting up of your Bulgarian company to own the land on
which your property is situated to include the Bank
deposit of 3750 leva to establish your company bank
account (remember that this money is fully accessible
after your purchase is complete) plus the legal and
administration costs (non-refundable).
Cash over 8000 Leva must be declared to Bulgarian
Customs at your Port of Entry. There are no costs
involved but heavy fines should you not make the
declaration.
Once the Preliminary Contract has been signed, and the
deposit paid, we will remove the price of your property
from our web site and it will appear as SOLD SUBJECT TO
CONTRACT.
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Bulgaria, in the south-eastern
corner of Europe has just the right balance of
contrasts from the high mountain ranges to the Black Sea
coast. An astonishing diversity of landscapes and wildlife
with many old villages and towns with fascinating
architecture. Modern facilities are in place yet the roads
are empty and the people amazingly patient and helpful to
foreigners.No description of
this hidden jewel would be complete without reference to the
European Blue Riband beaches on the Black Sea coast
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