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Not allowed to acquire land in Bulgaria
- As of January 1 st 2021, the British citizens and companies are not allowed to acquire land in Bulgaria (including agricultural land, forests and forest land), except by inheritance. The reason for the ban is that after the United Kingdom left EU, they grant the status of citizens of third countries of the European Union.
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Mar 22, 2013 · This guide sets out essential information for British nationals considering buying property in Bulgaria, including obtaining legal advice, how to submit any complaints and more.
Aug 11, 2021 · Can foreigners buy property in Bulgaria? EU citizens can buy property and land in Bulgaria under the same conditions as residents. For everyone else, restrictions will apply. This includes not being able to buy property with land, such as a house with a garden or a plot to build on.
Purchasing Real Estate In Bulgaria: Step-By-Step Plan For Foreigners. Favorable investment conditions, low tax rates, and affordable prices make purchasing real estate in Bulgaria a lucrative option for foreign citizens. Familiarize yourself with legal and tax implications to ensure a safe deal.
Oct 7, 2024 · This comprehensive guide provides a detailed overview of the process of buying property in Bulgaria as a foreigner. Learn about the legal and financial requirements, taxes, and other important considerations for foreign buyers. Get the most up-to-date information to make a successful purchase.
Aug 1, 2024 · Foreigners can purchase property in Bulgaria. The rights of foreign property owners in Bulgaria are largely similar to those of local citizens. Residency in Bulgaria is not a prerequisite for buying property, making it an attractive option for investors or those looking for holiday homes.
Jan 6, 2021 · UK owners of properties in Bulgaria – What you should be aware of after Brexit. As of January 1 st 2021, the British citizens and companies are not allowed to acquire land in Bulgaria (including agricultural land, forests and forest land), except by inheritance.
The 5-year term has now finished and since 1st January 2012 all EU persons are allowed to buy land in Bulgaria. This applies to houses with gardens, all plots that are within the zoning of the settlements, apartments coming with ideal parts of the land, offices and other commercial properties.