Hi Everyone,
I am in the U.S. and recently retired. Besides my savings/retirement accounts, my only income is from my monthly Social Security benefits. I've done a lot of research and have friends who have spent time in Bulgaria and I trust their judgement that I'd love it there. My question is providing I'm able to acquire a D- visa for residency, and able to live in Bulgaria, I'd like to know if I would be required to pay taxes in Bulgaria on my S.S. income, and if so, would anyone have any idea what the tax rate or percentage would be? This seems to be a very difficult question to get a definitive answer. Even if you don't know the answer, does anyone know who would be the best place to contact to find out? Someone suggested to me that I contact the Bulgarian Embassy in Washington D.C., but I'm not sure who I'd speak to there or if that is something they would necessarily have details on. Any ideas, or suggestions would be much appreciated, so thank you in advance! Cheers, John