Vasilev
Bulgarian citizen
Forum posts
126
Contacts
22
About me
Bulgarian
Speaks Bulgarian and English
Registration: 22 July 2020
Activity
List of Initial Costd by jeanmandredeix
Is there a thread on here relating to the general costs of buying, for example, setting up company for land, buyers costs, notary costs etc so that we can get a rough idea of our costs above the purchase price. Thanks.
@S25 - Sean Fell free to contact me anyhow. Read More
List of Initial Costd by jeanmandredeix
Is there a thread on here relating to the general costs of buying, for example, setting up company for land, buyers costs, notary costs etc so that we can get a rough idea of our costs above the purchase price. Thanks.
@S25 - Sean Hello, I am located in Plovdiv, bit I can be everywhere if it's necessary. Read More
List of Initial Costd by jeanmandredeix
Is there a thread on here relating to the general costs of buying, for example, setting up company for land, buyers costs, notary costs etc so that we can get a rough idea of our costs above the purchase price. Thanks.
@S25 - Sean I would say about 10%.My experience shows that if you hire a lawyer to represent you for the deals it is possible to avoid % for the real estate agent. Read More
List of Initial Costd by jeanmandredeix
Is there a thread on here relating to the general costs of buying, for example, setting up company for land, buyers costs, notary costs etc so that we can get a rough idea of our costs above the purchase price. Thanks.
@jeanmandredeix Hello, I think there is not a list, bit I will try to outline the most important information briefly:- creating a company - from 180 BGN ( some shady DIY websites) to more than 1200 EUR for a ready-made ( if you are not in Bulgaria) ... Read More
Company devoted to flats renting by Boris-Gleb
My partner and I are looking for investment property and rent it to get additional income in Bulgaria. Therefore two options are to be considered, either to buy under name of the two owners, each holding 50% of the property, for instance, or first ...
@Boris-Gleb I think real estate investment in Bulgaria is still a right choice with huge potential. Just make a good research.Think about a good property not only as a tool which you will give you some % ROI, bu5 as a stable place where you can save ... Read More
TRO vs Freelance visa for non EU by VladanC
Hello community 👋I was looking for some information about Bulgarian visas and was very happy to find this forum.I’ve been exploring options for obtaining either a TRO or a freelancing visa in Bulgaria, and I’ve realized that both ...
Yes, I have experience with sole traders all over the world. Just need to present a proper registration from somewhere + comoany/ VaT or other registration number. Read More
TRO vs Freelance visa for non EU by VladanC
Hello community 👋I was looking for some information about Bulgarian visas and was very happy to find this forum.I’ve been exploring options for obtaining either a TRO or a freelancing visa in Bulgaria, and I’ve realized that both ...
@VladanC Thanks for sharing your thoughts.I will be very brief, regarding my professional experience. TRO is still one of the best 3and cheap options for residence permit. Unfortunately noone knows which amendments will accept the Bulgarian National ... Read More
What to get first, residency or bank account? by Alex_123
Hello everyone, I'm a bit confused as to how I can get my residency and bank account. Sometimes, I hear I need the residency to get the bank account, other times I hear I need the bank account to get the residency.How should I do it when I decide to ...
@Alex_123 Hello, Alex. Which is your District where you live? I think most of the Migration offices only need a copy of your Debit or credit cards as proof of fundings. So, it is not necessary to have a bank account (unless you don't need it).I hope ... Read More
What to get first, residency or bank account? by Alex_123
Hello everyone, I'm a bit confused as to how I can get my residency and bank account. Sometimes, I hear I need the residency to get the bank account, other times I hear I need the bank account to get the residency.How should I do it when I decide to ...
Hello, Alex. Which is your District where you live? I think most of the Migration offices only need a copy of your Debit or credit cards as proof of fundings. So, it is not necessary to have a bank account (unless you don't need it).I hope I was ... Read More
Seat in Trade Representative Office by capncrunch
Hi thereI’ve been reading about the Trade Repesentative office visa option and there seems to be some very knowledgeable people on here. Someone mentioned that if a person was going the TRO route, as it benefits 3 people, they could ...
@gwynj Yes, you are completely right. Our government plans also to make some amendment in the Foreigners Act not only for the economic part, but to increase the number of possible representatives from 3 to 2. Read More
ltd company in Bulgaria by kikkoman tokyo
i am looking for an accountant to run a ltd company in Bulgaria. Currently we are exploring the feasibility.One aspect is the manager social contributions in case the manager will not be eu resident. what is the situation in this area?also, the ...
@kikkoman tokyoAs I am Corporate lawyer it was easy for me to understand your idea.I would not call providing you a salary "reinvoice", but you are right. Sometimes small part of salary and then dividends can be better strategy. Read More
ltd company in Bulgaria by kikkoman tokyo
i am looking for an accountant to run a ltd company in Bulgaria. Currently we are exploring the feasibility.One aspect is the manager social contributions in case the manager will not be eu resident. what is the situation in this area?also, the ...
You need a corporate lawyer for the establishment, and then accountant to proceed forward after the registration.Almost catch your idea of the strategy, but you are using wrong terms. :) Read More
Trade Representative Office/Overseas Company Representative by JimJ
I don't know just how correct this information is, but I noticed on another forum a discussion about a statement from the BG Bar Association that the BG Ministry of the Interior is supposedly moving to close the bogus Trade Representative loophole ...
This shouldn't be so frustrating.Actually TRO option is made for people using their own business/or the business they work for to reside in Bulgaria and continue to work for that business as they perform researches and other activities, related to ... Read More
Bansko apartment investment? by frazer2022
I am considering buying an apartment for investment. I was thinking either Bansko or the coast near to Burgas.Does anyone have experience of this for holiday rentals and what is your experience?I am really interested to find out if there are any ...
Hello,Bankso is a nice location with still affordable prices, compared to your ROI. Also you can rely on yearly long term rents or almost full short term rents. I personally use one Bulgarian management company, but if you search you can find any ... Read More
Registering a business in Bulgaria by BenBen23
Hi all, I would like to start an online business (a consultant) in which everything will be done online (via emails & phone). Since I will be dealing with clients credit cards and must issue invoices, I have to register a business, and Bulgaria ...
@Dejan DobrsekPrices for accounting may be rise a little, but opening a company + VAT Registration + bank account are lower.But your user experience depends if you are non-EU or EU citizen. Read More