Bulgaria Residency Programs 2022 (Expats, Nomads, Missionaries, Pensioners, Investors, Business)

Today we revisit with Dimitar Dimitrov our attorney in Bulgaria. We discuss various Residency programs for Bulgaria in effect for 2022, for pensioners, missionaries, nomads, expats and more.

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International Medical Insurance Plans for Expats, Nomads, Students, Missionaries, Groups and Employers. Warren will make a commission if you use this link for International Medical Plans with IMGlobal: https://producer.imglobal.com/international-insurance-plans.aspx?imgac=540642&app_method=2&svi=1

Bulgaria is currently not a member of the Schengen Agreement which makes it a great place for a non Schengen home base.

The Schengen Agreement has ruined the dream for millions around the world to slow travel through Europe. Gone are the days of crossing from Spain to France and resetting your clock in a neighboring country. If your country is not a member of Schengen you have to look at these 26 countries as one, an American can only spend 90 days out of 180 days between all 26 countries. Romania and a handful of European countries including the UK are options to live in to reset your Schengen clock. If you’re an American, Canadian, Australian, New Zealander, or from South Africa a Non-Schengen country like Bulgaria should be in consideration for your investment budget. Even if you’re not choosing residency in Bulgaria, it’s a great place to live 90 out of 180 days if you need to leave the Schengen. There are some residency options available through a few Schengen countries, but most of these require €250,000-€1,000,000 invested in or paid to the country. Italy has some options that are vaguely written and subjective to local decisions that can be inconsistent.

Do you want to live abroad as an Expat or Nomad? Are you looking for affordable and viable options? We are exploring the world to see what it's like to live in a country, and also discover if Residency is an option. We visited with an attorney in Veliko Tarnovo Bulgaria to discover if this Balkan country is an option for you, so if you're a digital nomad, a retiree or thinking of retiring abroad we did this video with you in mind. We needed to edit the video for time and to eliminate redundancy, if there are any questions regarding the information provided please contact Dimitar Dimitrov:

Dimitar Hristov Dimitrov
Lawyer
Email: dimitar@lpc-bg.com
Phone Bulgaria: +359888403752 (WhatsApp & Viber)
www.lpc-bg.com

Regarding fees and costs for some services:
Forming of Bulgarian company - 520 EUR
Property purchase: 3% of the property price, but not less than 500 EUR,
if including enforcement procedure, 3.5%, not less than 600 EUR

Residency:
- for the pensioners - 180 EUR
- with trade representation - 1170 EUR, including the needed
registration in Bulgarian Trade and Economy Chamber;
- NGO - 345 EUR
- Free lancer and labor - 330 EUR
- company and investment - 960 EUR

Video Regarding Americans, Australians, Canadians, etc buying and driving a car in Europe: https://youtu.be/zpDRM9pSGLE

We began our retirement in March of 2020 with the intent to travel the world, spending 1-3 months in a country or location. We want to see what it's like to live there and not simply visit, and we want to share these experiences and the costs with whoever wishes to follow along.

If your looking for a place in Europe to live or retire Bulgaria may be an option, stay tuned and follow along.

If you are interested in our travel luggage here is the suitcase we call Big Blue: https://amzn.to/39RN6zb

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Here is the Selfie Stick used by Warren: https://amzn.to/3txLsui

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