Property News
Fundamental Financial Advice For People Moving To Live Abroad 12/05/2008There is SO much to get organised once a decision has been made that you want to relocate to live abroad. Trust us, having done it we know what it takes. In fact, we have ants in our collective pants and are forever moving from one country to another and we still find the whole thing complicated, time consuming and stressful. But, as you are no doubt aware, (or at least clinging to the hope of!), it is worth the hassle in the end. So, the one thing you don’t want to be worrying about when you’re organising new schools, new jobs, new accommodation and a whole new life are the financial aspects of your future life. However, if you’re a regular reader of this site you’ll know that the one thing we go on about ad nauseum is the fact that financial failings are the number one reason why...
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Bulgaria | Purchase Process 18/03/2008 Bulgaria: Purchase Process Below is the standard purchase process in Bulgaria and issues that may affect that purchase: * As a non-Bulgarian national is currently not permitted to own land in Bulgaria, it is still necessary to form a Bulgarian limited company that can own land. * The preliminary contract of sale will be drawn up by the purchaser's chosen lawyer, at which stage the purchaser will be expected to lodge a 10% deposit. * The purchaser's lawyer will conduct the necessary checks on title documents, licenses and permissions, debts on title, and terms of contract. * The purchaser must pay the balance of the purchase price as well as land tax and the relevant fees, amounting to around 5% of the purchase price. On payment of these costs, the property...
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