At
the end of 2008 prices for Bulgarian property were up 11.7% from a year
earlier and whilst this would be good growth in any other market, for Bulgaria
it was a rapid slowdown. Prices rose 27% in 2007,
16% in 2006 and 37% in 2005 as Europeans and Russians rushed in to buy,
prior to the accession of Bulgaria into the EU. The main areas attracting
foreigners were on the Black Sea coast and in Bulgaria’s ski resorts, with
the resorts of Bansko, Pamporovo and Borovets attracting a lot of overseas
buyers. But as with most other countries, demand for property in Bulgaria
is slowing. At the end of 2008, building permits were down 15% compared
to a year earlier and in January of this year around 5% of Bulgaria’s real
estate agencies shut down. In 2007 Bulgaria was the fourth most popular
destination for British overseas buyers and the number one destination
for Russians, because of the countries strong economy it was also the destination
of choice for a number of multinational companies who’s employees also
helped push up prices. Things are different now and there is a definite
cooling down of the economy and Bulgarian property prices are predicted
to drop around 10% this year, mainly due to low demand. - Real
Estate in Bulgaria - A good time to buy ? ~
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Living
In Bulgaria: What You Should Look Out For By Simeon Mitropolitski
- Never argue with the Bulgarians over one of the following topics: their
history, medical care in Bulgaria, soccer and international politics. Bulgarians
are sure that they are born with some intrinsic skills in the field of
history, and also in medicine. They believe that they are specialists in
everything regarding soccer and above all they are experts in what concerns
global politics. If you are foolish enough to argue with them over one
of the above-mentioned topics, Bulgarians will look at you like an extraterrestrial,
which has tried in vain to question their territory. As a little compensation,
Bulgarians adore foreigners who express some admiration towards the natural
beauty of their homeland. Tell them that the rolling hills in Bulgaria
look much better than in some far remote country, and they will immediately
trust you and also will think highly of you.
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On
the Road: From Turkey to Bulgaria by Jay Winfrey
- My legs cramped up immediately. This is nothing new to me.
Things in other countries never seem to be built with my size in mind,
much less my comfort. I imagine that there are few seats in any bus
or train or airplane that remain comfortable after 11 hours. Sitting
for that long in claustrophobic quarters is like asking a dog to stand
for 11 hours…attacks are likely. We rode in absolute silence…the only sound
being the driver’s Zippo every half-hour and the sound of his first exultant
exhalation. As the sun slowly disappeared to the west and the clouds
of a cold rain built to the north, I imagined myself in the villages we
passed; growing up with everything planned out, going to the mosque and
playing soccer in the grazing fields. I stared
out the window like this watching the sun smooth out and die as a finished
smoke flung itself out of the driver’s window, and the weather seemed to
grow colder.
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Adventure
Vacation In Bulgaria The Natural Beauty Of Bulgaria by Petya Milkova
- Bulgaria is a popular destination for sea and ski holidays. But the country
has also other charming places yet to be discovered. These are the numerous
mountains, plains, rivers, villages and many more. Here you can practice
many outdoor activities. Among the well developed are trekking and hiking,
horse back riding, bird watching, etc. Other practiced activities are:
caving, paragliding, mountain-biking, rafting and kayaking, photography
tours, botany, etc. The unique geographical location of Bulgaria provides
possibilities for all year round adventure activities. There are 4 snowy
months, a mild and green spring when many flowers blossom, a hot summer
with less rain and a colorful autumn. Bulgaria is one of the few countries
with very well preserved nature: 3 National parks, 9 Nature parks an many
reserves (2 of them included in the UNESCO list). There are eco-trails,
which run through the protected areas and show unique nature wonders.
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The
5 Best Places to Retire in Europe By Susan Beverley
- If you’re concerned about the cost of living in retirement – and let’s
face it, the thought of living on a fixed income makes ‘value for money’
a high priority in many a retiree’s mind, Bulgaria, one of the newest entrants
to the European Union, could be the perfect nation for you to explore.
Bulgaria is in Europe, it’s in the EU, it’s part of NATO, it has a strong
emerging and developing economy – but of critical of importance is the
fact that it does not (yet) use the euro as its currency. This has
had the long-term effect of keeping costs and prices so much lower in Bulgaria
than in equally interesting nations in Europe, such as most of those listed
above for example! Before Bulgaria joined the ranks of the EU back in 2007
there was much speculation that its real estate and tourism economies would
boom. Inward investment by Europe was massive, and speculative investment
from private sources soared. However, Bulgaria never really boomed
as expected, and instead it has managed to maintain its ethnic integrity
and its national identity, and not sell out to become just another tourism
centre in Europe.
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Property
in Bulgaria to get Enforced Facelifts
- Anyone who owns property in the Bulgarian Black Sea resort of Bourgas
will soon be required to restore and redecorate the exterior of their home
– as part of a bid by the Government to improve the city centre. Legal
action will be taken against anyone who fails to comply. The Mayor of Bourgas,
Dimitar Nikolov, has said that the new rules are an essential part of the
area’s restoration and rejuvenation programme and will apply to Bulgarian
properties in the central pedestrian streets particularly along Alexandrovska
and Bogoridi. Some of the first phases of the work will begin in Troikata
Square. Owners will be given a ‘decent time frame’ in which to conduct
the necessary work. In case they fail to do so, the municipality will renovate
the buildings with its own resources, after which it will collect the funds
through legal action, if the owner fails to pay. The completion time for
the refurbishment of Tsar Simeon Street and the area between Bulair and
Cyril and Methodii has been brought forward and new pavements, tarmac,
green belts, alleys and parking spaces are to be completed by the end of
the month.
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Montenegro:
There are places in this world almost too good to write about By Tanja
Bulatovic - Like precious jewels, unpolished
and raw they sit proudly in the quiet knowledge of their own self-worth
without needing to blow their own trumpet. With a surface of only 13 800
Km2 and a population of 600 000, Crna Gora, as the locals call her (meaning
Black Mountain) is the size of a postage stamp. And yet, this UNESCO protected
nature lover’s paradise packs plenty of punch. Diverse landscapes, rugged
terrain, dramatic gorges, spectacular rivers, striking fjords and a picture
postcard coastline. There are 250km of beach (pebbles and sand), National
parks and ski resorts, all complimented by the turquoise hue of the Adriatic
Sea. The average temperature is 25°C in summer, with 230 days of sunshine
per year. While Montenegro, specifically the coast has grown in leaps and
bounds, little is known about its inland charms such as Durmitor National
Park, the Tara River Canyon (the deepest in Europe), Mount Lovcen, Skadar
(the biggest lake in the Balkans) and numerous other lakes, forests, and
hidden gems. -
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Live
In Bulgaria - Live Anywhere - Trade Stocks Offshore - Earn Money WorldWide
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independent of common way. We have in place a system to help you learn
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on OHB can be installed by beginners if they’re willing to put in some
time to follow their simple directions, learn a few new computer skills,
enhance their technology vocabulary, explore new ways of doing things,
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a Real Estate Mogul -
Escapeartist has entered into talks with one of the top real estate franchising
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Expat
Taxes - Offshore Tax Information - Foreign Earned Income Paying Taxes Overseas
- Or, Not Paying Taxes Overseas - Individuals
have been leaving their own land to seek opportunities elsewhere since
the dawn of mankind. But it has only been since the development of the
modern nation-state, and its taxation of the worldwide income of its citizen-residents,
that expatriation has taken on significant tax consequences. One of the
first tax advisors to appreciate the potential tax savings of expatriation
was my friend and colleague, Marshall Langer J.D., a valued member of The
Sovereign Society Council of Experts. Langer is an international tax attorney
and the respected author of several major international tax treatises.
He is also the daring creator of a now out-of-print book, The Tax Exile
Report. This title gained international notoriety when the late U.S. Senator
Daniel Patrick Moynihan (D-N.Y.), red-faced and angry, waived a copy of
the book at a televised Senate hearing, denouncing it as “a legal income
tax avoidance plan.” Also see: Running
Away to Home: Information on Expatriate Taxes and how to handle them -
Links to CPA's who deal with Expat Taxes
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Never
Pay U.S. Taxes Again - Legally - Expatriation:
It’s been called “the ultimate estate plan” and it’s a legal, step-by-step
process that can lead to the legal right for you to stop paying U.S. or
other national income taxes—forever. In sum, it requires professional consultations,
careful planning, movement of assets offshore and acquisition of a second
nationality. When all that’s done (and done exactly right), you must leave
behind your home country and become a “tax exile” with an established domicile
in a low or no-tax jurisdiction. And, for U.S. citizens, this unusual plan
requires, as a final step toward tax freedom, the formal relinquishment
of citizenship. A drastic plan? You bet. And in truth, there are many other
perfectly suitable offshore strategies that The Sovereign Society recommends
that can result in significant tax savings. These include international
life insurance policies (TSI 1/02)5 and offshore investments made
through retirement plans (TSI 7/03).6 But for U.S. citizens and long-term
residents who seek a permanent and completely legal way to stop paying
all U.S. taxes, expatriation is the only option. Also see the article:
Become
a Real Estate Mogul Owning a master franchise
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Get
It Fresh In Our Popular eZine -
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has been online since 1998 - Twelve years of articles in our archives,
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More
Articles On Living & Investing In Bulgaria
- and thousands of articles on living and investing overseas in countries
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but we keep them in an archive so that visitors can access them - -
access is free, and free is a very good prices -
Click
here to visit our relocation reference library - This library is filled
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artist havens & tax havens .... We sincerely hope you make your
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special place in the world that sets your heart on fire... We're
willing to show you the routes
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For Us - We welcome article & eBook proposals
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Partner
With Us! - IS THERE A FIT? Do you have a website, business, or service
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a look!
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Crazy
Joe’s Top Three Picks For Overseas Home Business - Crazy Joe KNOWS
what’s ‘hot and what’s not.’ After living in the basement of EscapeArtist
for 14 years and living on pretzels and sodas, his real joy in life is
attending staff meetings and telling all of us what is trending with network
marketing companies, affiliate programs, franchises and home-based businesses.
In each issue, we will share Crazy Joe’s Top Three Picks so you can take
advantage of money-making opportunities and still have time for a real
life. - Part
of the Overseas Home Business Portal
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Offshore
Securities Broker Private Asset Management Online - Thales Securities
has been on our website for almost a decade and in that decade we have
heard nothing but positive reports about their service. Founded in 1998
Thales Securities is a leading investment brokerage based in the Republic
of Panama.
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Escape
From America Magazine Our Expat Magazine - is
filled with information about living oveseas, much of it written by expats
who have moved overseas. Our magazine provides real information on
what it takes to live abroad, including articles on international real
estate, asset protection, and a wide range of issues related to the international
lifestyle - In addition we have 1,000's of archived articles from
past issues free for the reading...
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World
Without Borders “Offshore Intelligence” - Without Borders is a
unique monthly publication aimed at intellectual adventurers. It
is written for a select group of men and women interested in learning more
about global opportunities they would never encounter anywhere else.
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or becoming a partner of EscapeArtist. Join one of the fastest growing
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