If you want to own freehold property in Bulgaria you need to own a limited company. The company must not necessarily be actively engaged in any kind of trade. It is simply a tool enabling you to buy and own properties in Bulgaria. The limited company is registered with all relevant Bulgarian Institutions – The District Courts Registry, BULSTAT and the Tax Office. Since the company is a Bulgarian Business Entity it is required by law to pay taxes to the Bulgarian Tax Authorities. The most appropriate types of companies for carrying out business in Bulgaria are.

The most common form of company set up by individuals is a Private Limited Company. A private limited liability company may be founded by one or more persons, including foreign, natural or legal persons. The minimum foundation is 5000 BGN, at least 70% of the capital must be paid up on foundation. Contribution to the foundation capital maybe paid in cash or in kind.

A single person private limited liability company is called EOOD. It is owned by a natural or a legal person, the sole shareholder exercises the powers of the general meeting and the Managing Director or the board of Directors is appointed to run the company.
A private limited company must prepare a balance sheet and a financial statements each year.
The legal fee for registering company is 600 euro.

Other things to consider

Setting up Bank Accounts
There are a host of banks that will allow foreigners to set up an account which can be in Sterling or Euro. These are useful for transferring money from UK or anywhere else outside Bulgaria. In order to set up a bank account, you simply need your passport and a second ID. The whole process can be undertaken in a day.

Notary Fees
The notary fees are paid on the higher of the market price or the book value of the property at varying rates specified in a special chart and is around 0.5+% of the price. In addition 2% of the tax value of the property is paid to the municipality where the property is located.

Property Taxes
The property taxes for your own property in Bulgaria is very low. For example the annual property taxes in a big Bulgarian city or holiday resort are 50-70 Euro per year.

Listing your property on shanepetersrealtor.com is the great solution for selling your property West USA. This site offers a customized solution made to maximize the success of your property transaction process. Promoting your home for sale might be a stressful, time consuming and also challenging task. That is why ShanePetersRealtor.com is an ideal approach to sell your property easy and fast! Today’s more competitive market requires better position with better visibility and successful selling strategies.

Determining this approach, ShanePetersRealtor.com created an effective listing method which boosts overall performance, accelerates the process and increases their customers’ satisfaction. Until now, the ShanePeters MLS Package uses a method of listing a property for sale for a one-time Flat Fee.

This is your great method for selling your home successfully allowing you to list your property on the MLS by owner and give a boost to its visibility. When listing your property on ShanePetersRealtor.com you get instant access to real estate agents who work to connect sellers and buyers as a result increasing your home for sale visibility.

If you hire Shane Peters Realtor to help you find your dream home for sale in West USA, then they also provide a MLS search on ShanePetersRealtor.com, and homebuyers can also perform MLS search on their own.

The most effective way to perform a MLS search is to know very well what you are searching for. If you are not familiar with the area, then take the time to have a look at the various neighborhoods. Compare the price ranges in every neighborhood, in which they are situated in your workplace, and which education center are the best. Other people search only by price, and others try to find some kind of space, acreage, bedrooms, etc.

By doing this, when a new property that meets your requirements is included, you certainly will learn about it immediately. Visit ShanePetersRealtor.com who can assist you through each step of buying your new home in West USA, which include the most convenient way to perform a MLS search.

Shane Peters, REALTOR
(623) 707-9292 Mobile

Website : www.Shanepetersrealtor.com
email      : shanepetersrealtor@gmail.com

The real estate market in Bulgaria is unexplored and offers unbelievable investment opportunities. The prices of the properties in Bulgaria are increasing with about 25% each year. With NATO membership and full EC membership scheduled for 2007, the time to invest in Bulgaria is now. We specialize in property sales of apartments, houses, regulated and unregulated plots and land. Our best properties are around the seaside town of Burgas situated on the Black Sea cost. Take your time and browse our pages to find more info about our services.

About Bulgaria
Bulgaria is a politically and religiously stable country, and its economy has been stabilized since the introduction of a currency board in 1997.
Bulgaria is well-known for its beautiful nature, fine cities, lovely mountain regions, and the golden beaches of the Black Sea.

Low prices
Bulgaria is famous for its low prices and low cost of living. Average monthly salaries are in the 200 – 300 Euro range. And that is why most people from UK will find Bulgaria quite inexpensive. Of course there is a selection of rip – off bars where the prices are not different from UK prices.

But in general Bulgaria is very inexpensive. Eating and drinking in a good Bulgarian restaurant will cost you an average of 5-7 Euro.
A bottle of beer costs less that a Euro and a bottle of good Bulgarian wine cost around 4 Euro.
Prices of petrol are about what they are in UK, maybe a little cheaper.
Taxis are very cheap almost everywhere in Bulgaria.

Currency
The official currency in Bulgaria is “lev”.The Lev is pegged to the Euro at a rate of 1.95 leva for one 1 Euro. One can easily change cash in one of the numerous small exchange offices, usually for no commission. But it’s best to change in the banks. Travelers” cheques can be used only in the banks and the bank usually charges a commission of around 5 – 6 percents. ATMs are a common sight everywhere in Bulgaria. But it’s still best to bring plenty of cash to Bulgaria.

I began blogging about a year and a half ago. VERY slowly at first but it has picked up (slightly) as I learn more of the benefits for myself and for my clients. Yes, my clients. You see, I have never been a “writer.” (many will probably attest to that) BUT, for the past 15+ years, I have been a REALTOR. It is in my blood, it is what I do. Currently, the percentage of agents that have a blog is very small but I promise you, that percentage has begun to change. My clients benefit from my real estate endeavors (blogging) in several ways. The more successful I have become, the more people I meet.

The more people I meet, the better chance they will be interested in what I have to offer. Everything we do is geared towards providing the best information possible to customers, clients and consumers. Blogs help people get to know you, they help with search engine optimization and they help drive traffic to your web sites. It is easy to sit back and rely on the “old school” way of doing things but, it makes more sense (to me) to change with the times. Heck, many of our clients have no idea what a blog is.. That’s ok too. Blogging just seems to create more opportunities to reach modern consumers. Everything is “Googled” these days.

In addition to the benefits of my business, I have made many friends while blogging. Some have been through the AZ Real Estate Blogging Network and others from reading other blogs, participating in social networks etc. I have met some great people and have learned a lot. Of course, I have a TON more to learn but it is time well invested in my business. For agents, lenders, inspectors, title companies and any business owner, blogging can be a great way to reach a whole new audience. This network was designed to help people achieve their blogging goals.

Parc Botania is groundbreaking condo constructed by the joint venture of Wee Hur Holdings Limited and Sing Holdings Limited. The condo is situated along Fernvale Road, District 28, Singapore. The location is adjacent to Thanggam LRT station and The Parc Botannia floor plan have been drafted that consists four blocks of 735 units and offers 4 types of units ; 1 bedroom, 2 bedroom, 3 bedroom and 4 bedroom apartments .

Parc Botaina features relaxing and rejuvenating to a well-balanced and new way of life. Workout with extra dynamic energy in the luxurious pool, gym and spa, have a party with your loved ones at the BBQ pits or dining places, or enjoy yourself with a fresh atmosphere with the large peaceful greenery.

The location and the surrounding area are not the only things to choose the Parc Botannia as a prospective future home. Parc Botannia price is also really competitive. The construction of this condo follows the latest standards and not only beautiful and luxurious, but also comfortable. It marches on delivering a convenient and comfortable lifestyle while getting surrounded by wonderful finishes and premium furnishings. As I have said before, staying here will enable you to be surrounded by lavishness, as the condo also offers a stunning swimming pool at the leisure time of its residents, a gym which can help you enjoy a healthy lifestyle, and a luxurious pavilion in which you may enjoy family or even business gatherings.

Some units of Parc Botannia have already been sold over the couple of days. The Starting Price of Parc Botannia from $5XXk. Don’t miss this opportunity to buy a unit now. Specified floor plans are provided for perusal to guide prospective buyers in picking which of the condos is best suited for them. Parc Botania offers the most competitive investment for those trying to get a foothold in one of the finest areas in Singapore.