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Investors Guide To Bulgaria Article from On Topic Articles and entitled Investors Guide To Bulgaria - By Karl Hopkins. The climate is temperate with cold, damp winters and hot, dry summers. Natural hazards include the possibility of earthquakes and landslides.The largest and most developed of the Bulgarian ski resorts is Bansko. It has recently held legs of the European Ski Championships, and the ski facilities are both state of the art and much more expansive than in the smaller resorts of Borovetz and Pamporovo.Bulgaria now has a free market economy. Largely agricultural, the country is an exporter of wine, vegetables, fruits, and tobacco. It is also known for its yogurt.After a setback in 1996, the economy has been growing in recent years. A 2002 EU report said this was likely to continue, but at a slower rate the an the near 6 per cent achieved in 2000.It identified the main problems for the Bulgarian economy as high unemployment, low domestic investment and high public debt. The International Real Estate Federation put the December 2004 average price of residential property at 6,650 pounds per square metre in London but only 280 pounds in Bulgaria's capital city Sophia. The cost for setting up a shell company is approximately 500 Euros. The property purchase taxes are much more attractive to an investor than in most other countries. The total property purchase costs are 2.34 per cent of the property (compared to much higher percentages in France, Italy, Spain etc.) This 2.34 per cent includes land tax, notary fees and local tax (stamp duty). Lawyers fees cost in the region of 1300 euros.The purchase process usually involves an initial deposit followed by exchange of contract and payment of a further deposit of between 10 per cent and 30 per cent. Transfer documents are then signed in front of a Bulgarian Notary (this can be done overseas in a Bulgarian Embassy).Notary fees are paid on a scale based on the higher of the market price or the book value of the property at varying rates. The net amount may be repatriated by overseas property owners, subject to presentation of a certificate confirming taxes have been paid. Realised capital gains are treated as income.Local annual property taxes 0.15 of the declared value of the property - the tax estimation price is that written into the transfer deed but is often lower than the actual purchase price. Click on the "Copy" button to copy into your clipboard.;On Topic Articles | Investors Guide To BulgariaInvestors Guide To Bulgaria By: Karl HopkinsPart of the Balkan Peninsular, Bulgaria lies at the crossroads of Europe and Asia.

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Sign in to get personalized recommendations. The Blue Guide series does not focus on hotel and restaurant infromation but rather provides detailed information on history, architecture, culture, and geography. That is what the Blue Guide does, and it does it better than anyone else. I recommend the guide be used in concert with another guide such as one of... Read the full review› Published on February 15, 2002 by Ross Henderson ›See more 5 star, 4 star reviews 2 of 6 people found the following review helpful: A lot of history not very much practical information This guide is rather lacking in a many areas. Most notable information on hostels and campgrounds and such. However, it contains a lot of historical background on churches and other areas of intrest in Bulgaria. Unforunately this information dominates most of the guide. If you are looking for a travel guide I recommend Bulgaria a Rough Guide it contains much more... If you are looking for a travel guide I recommend Bulgaria a Rough Guide it contains much more pertinent information for the world traveler. Help other customers find the most helpful reviews Was this review helpful to you? I recommend the guide be used in concert with another guide such as one of the Lonely Planet or Rough Guide series for hotel and restaruant information. To read this book (written long ago in 1998), you'd think that Bulgaria was a.) boring, b.) dangerous, and c.) miserable. Bulgaria, as I discovered on a trip this summer, is none of the above: it is beautiful, warm, fascinating and an incredible amount of fun. Blue Guide should really go out of its way to update this guide to reflect Bulgaria as it truly is now: much more forward thinking, much more westernized, and very tourist friendly, with a ton of fascinating and (still) affordable things to do and to see. Spend your money on a better, recent guide.

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Investors Guide To Bulgaria Part of the Balkan Peninsular, Bulgaria lies at the crossroads of Europe and Asia. A small country, it has a varied and picturesque landscape that embraces ... The climate is temperate with cold, damp winters and hot, dry summers. Natural hazards include the possibility of earthquakes and landslides.The largest and most developed of the Bulgarian ski resorts is Bansko. It has recently held legs of the European Ski Championships, and the ski facilities are both state of the art and much more expansive than in the smaller resorts of Borovetz and Pamporovo.Bulgaria now has a free market economy. Largely agricultural, the country is an exporter of wine, vegetables, fruits, and tobacco. It is also known for its yogurt.After a setback in 1996, the economy has been growing in recent years. A 2002 EU report said this was likely to continue, but at a slower rate the an the near 6 per cent achieved in 2000.It identified the main problems for the Bulgarian economy as high unemployment, low domestic investment and high public debt. The International Real Estate Federation put the December 2004 average price of residential property at 6,650 pounds per square metre in London but only 280 pounds in Bulgaria's capital city Sophia. The cost for setting up a shell company is approximately 500 Euros. The property purchase taxes are much more attractive to an investor than in most other countries. The total property purchase costs are 2.34 per cent of the property (compared to much higher percentages in France, Italy, Spain etc.) This 2.34 per cent includes land tax, notary fees and local tax (stamp duty). Lawyers fees cost in the region of 1300 euros.The purchase process usually involves an initial deposit followed by exchange of contract and payment of a further deposit of between 10 per cent and 30 per cent. Transfer documents are then signed in front of a Bulgarian Notary (this can be done overseas in a Bulgarian Embassy).Notary fees are paid on a scale based on the higher of the market price or the book value of the property at varying rates. The net amount may be repatriated by overseas property owners, subject to presentation of a certificate confirming taxes have been paid. You're allowed to distribute this work according to the Creative Commons Attribution-NoDerivs license.Recent articles in this category:Investors Guide to Cape Verde by Karl HopkinsIndependent since 1975, the Cape Verde islands were previously a Portuguese colony. To be found in Do You Have a Roth IRA Investing Plan? He cann't stop talking about the pUnderstanding The Investment Power Of OTC Stocks by Nir DotanFor someone who is not very well-versed with financial terms and jargon, trying to jump into investWhat Should I Do If I Intend To Invest In Penny Stocks? In any given month, he will be paid $10Real Estate Investment Financing by Parsa Sepahi1. By buying witInvesting - It Is Not As Scary As You Think by Adam MartinMany people want to have more money - OK everyone does. However, most people don't know how to go aHow Do I Know Which Programs Are Scams? The business cycle Pros and Cons of Real Estate by Charles BuchananLike any other profession, there are good and bad things about what are available. Each of the thinThe Fixer Upper by Tyler FawcettReal estate investing has become almost a national pastime.

Guide To Bulgaria Investors

Investors Guide To Bulgaria Free articles provided by ArticlesBase.com - your free articles directory. Find free online articles for your website, eZine or newsletters. The climate is temperate with cold, damp winters and hot, dry summers. Natural hazards include the possibility of earthquakes and landslides.The largest and most developed of the Bulgarian ski resorts is Bansko. It has recently held legs of the European Ski Championships, and the ski facilities are both state of the art and much more expansive than in the smaller resorts of Borovetz and Pamporovo.Bulgaria now has a free market economy. Largely agricultural, the country is an exporter of wine, vegetables, fruits, and tobacco. It is also known for its yogurt.After a setback in 1996, the economy has been growing in recent years. A 2002 EU report said this was likely to continue, but at a slower rate the an the near 6 per cent achieved in 2000.It identified the main problems for the Bulgarian economy as high unemployment, low domestic investment and high public debt. The International Real Estate Federation put the December 2004 average price of residential property at 6,650 pounds per square metre in London but only 280 pounds in Bulgaria's capital city Sophia. The cost for setting up a shell company is approximately 500 Euros. The property purchase taxes are much more attractive to an investor than in most other countries. The total property purchase costs are 2.34 per cent of the property (compared to much higher percentages in France, Italy, Spain etc.) This 2.34 per cent includes land tax, notary fees and local tax (stamp duty). Lawyers fees cost in the region of 1300 euros.The purchase process usually involves an initial deposit followed by exchange of contract and payment of a further deposit of between 10 per cent and 30 per cent. Transfer documents are then signed in front of a Bulgarian Notary (this can be done overseas in a Bulgarian Embassy).Notary fees are paid on a scale based on the higher of the market price or the book value of the property at varying rates. The net amount may be repatriated by overseas property owners, subject to presentation of a certificate confirming taxes have been paid. Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. The price, market capitalization, and the stock exchanges where these stocks are traded vary. This will eventually provide them with essential facts and information that may guide them in investing.Are You Investing 401(k) Money in Real Estate?By: Gordon Hall | 10/10/2008First of all, What is a 401(k)? I will try and give you a shortened version. A 401(k) is an employer sponsored retirement plan run under section 401(k) of the Internal Revenue Code. A 401(k) lets an employee save for retirement and at the same time defers taxes on his savings and the earnings associated with them until he retires.