Jules999
Welsh expat in Bulgaria
Forum posts
298
Contacts
10
About me
Welsh
Lives in Simeonovo, Yambol
Speaks English Trying hard to learn Bulgarian
Registration: 24 October 2016
About
My expat journey
Simeonovo, Yambol, Bulgaria
Buckley, Wales
Activity
Selling a property via company by Jules999
Hi Does anybody know if you sell your property via company ownership as the director ( my husband ) can the funds received be deposited into any Bulgarian bank account nominated by him? Or will the notary insist that he has a business bank account ...
@janemulberry I'm glad you raised that question Jane as my husband and I were only discussing that this morning! Our resale is vastly different because the house is unrecognisable as it's former self. Read More
Selling a property via company by Jules999
Hi Does anybody know if you sell your property via company ownership as the director ( my husband ) can the funds received be deposited into any Bulgarian bank account nominated by him? Or will the notary insist that he has a business bank account ...
@JimJ Thanks, I knew nothing about dividend tax! Read More
Selling a property via company by Jules999
Hi Does anybody know if you sell your property via company ownership as the director ( my husband ) can the funds received be deposited into any Bulgarian bank account nominated by him? Or will the notary insist that he has a business bank account ...
@JimJ Thanks Jim. Yes we're aware of the tax implications 🙄 and also we insisted on the price we paid being the declared price with the Notary ( obviously this is vastly different now anyhow ). We did think the tax on the property was 10% ... Read More
Selling a property via company by Jules999
Hi Does anybody know if you sell your property via company ownership as the director ( my husband ) can the funds received be deposited into any Bulgarian bank account nominated by him? Or will the notary insist that he has a business bank account ...
@SimCityAT Thank you for your response 👍 it's much appreciated. Read More
Selling a property via company
Hi Does anybody know if you sell your property via company ownership as the director ( my husband ) can the funds received be deposited into any Bulgarian bank account nominated by him? Or will the notary insist that he has a business bank account ... Read More
Capital gains tax when selling property by Jules999
Apologies if this subject has been covered in a previous post. We are hoping to sell our house which is company owned. One agent informed us that there would be no tax to pay because we have lived in the property for over 10 years, and the most ...
@JimJ Thanks again Jim, I'm sure it'll be a useful thread for others finding themselves in a similar situation in the future too. Read More
Capital gains tax when selling property by Jules999
Apologies if this subject has been covered in a previous post. We are hoping to sell our house which is company owned. One agent informed us that there would be no tax to pay because we have lived in the property for over 10 years, and the most ...
@JimJ Thanks Jim, I'll be very interested to hear how you progress. It is definitely a minefield & makes my head spin thinking about it! Read More
Capital gains tax when selling property
Apologies if this subject has been covered in a previous post. We are hoping to sell our house which is company owned. One agent informed us that there would be no tax to pay because we have lived in the property for over 10 years, and the most ... Read More
Cost of moving by Jules999
Hi It's been quite some years since we purchased a property in Bulgaria & we've never sold one. Could somebody advise what the current costs involved to buy are.......as well as the costs involved in selling, via an agent. Any recommendations ...
@Zooldrool To sell the one we are currently in, and move into the other that we bought quite some time ago. Read More
Cost of moving
Hi It's been quite some years since we purchased a property in Bulgaria & we've never sold one. Could somebody advise what the current costs involved to buy are.......as well as the costs involved in selling, via an agent. Any recommendations ... Read More
Banking with Wise - update by cyberescue1
For those who use Wise and have a Bulgarian UBB Account, transferring money between Wise and UBB just got a whole load better.The last time I transferred money, it took a couple of days. However, I transferred money today and it arrived within 30 ...
I use wise and bank with FIbank, transfers used to take days previous to the introduction of the Euro, now it arrives in an instant here too. Read More
Current flights to UK? by jeanmandredeix
My husband has to go back to UK to collect his Visa (a very annoying point) and apart from Sofia am I doing something wrong as I can find no direct flights. Luton or Stansted would be best. Varna would have been better as it’s 5.5hrs drive to ...
Yes, Burgas resumes it's summer flights again during May, (usually you can fly all year from Burgas to Luton though, but the airport closed this year for runway reconstructions) Jet2 open their flights from Burgas to Stansted on the 4th May ... Read More
Changing company account to Euros by Jules999
Is it true that now we are in the Euro currency, any company accounts ( even non trading ) must be changed & registered as a Euro currency account? There seems to be some confusion within my circle of friends.
Thanks all for replying, it looks as though I somehow missed that thread! Thanks for the link Jane, that's really useful. Read More
Changing company account to Euros
Is it true that now we are in the Euro currency, any company accounts ( even non trading ) must be changed & registered as a Euro currency account? There seems to be some confusion within my circle of friends. Read More
Company with no business activity: reporting and filing obligations by MountainLife
Hi all — I’m a foreign citizen living in Bulgaria who set up a Bulgarian company so I could buy and own a house. I’m trying to understand, at a big-picture level, what company reporting and filing obligations I (as company ...
I second what Jane says . Read More