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GOLDEN VISA BULGARIA - FACT SHEET 2016

Golden Visa for in investors in Bulgaria

Bulgaria is considered by many to be the new land of opportunities in Europe. As a NATO member since 2004, and a full EU member since 2007, Bulgaria is by international standards considered financially and politically stable. Bulgaria ranks 38th in the World Banks Ease-of-Doing-Business index climbing 14th places for one year from 52nd in 2014; higher than all other Eastern European countries members of the EU. Bulgaria also places 28th on the Economic Freedom of the World index; outperforming the Netherlands and South Korea. Bulgaria boasts the lowest corporate and personal income tax rates among all European Union member states. The corporate tax is fixed at 10% flat rate. The personal income tax is only 10% regardless of the amount one earns. The health and pension contributions are the lowest within the whole European Union. Bulgaria has Double Taxation Treaties with 68 countries all over the world. The banking system in Bulgaria is modern and fiscally sound. 100% of all deposits up to EUR 100 000 are guaranteed by the government. Credit interest rates are low. Some of the biggest EU banks are represented in Bulgaria.

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  • If you would like to be put in touch with a lawyer to assist you with buying property in Bulgaria and/or applying for the Golden Visa in Spain, contact De Micco & Friends.

    NOTES:

    *The information provided is intended as general guidance only for those considering applying for the Golden Visa in Spain and is not a substitute for specific legal advice about your specific information. If you would like specific legal advice in relation to Golden Visa Applications from an experienced lawyer, please contact De Micco & Friends at palma@demicco.es.

    **The Schengen area countries in Europe are: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland and Liechtenstein.
    ***EU countries include: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK.

    Last actualisation: May 2018

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