Bulgarian Residency for Tax Purposes

The biggest single factor in determining how you will be treated by the tax authorities in any country is whether you are resident in the country for tax purposes. This concept of tax residence causes a great deal of confusion and can have different meanings in different countries.

Taxation in Bulgaria and Bulgarian properties taxation

All tax systems are complicated, and the Bulgarian system is no exception. Fortunately, most people will only have limited contact with the more intricate parts of it. Many owners of holiday homes in Bulgaria only have minimal contact with the system.

It is helpful to have some sort of understanding about the way in which the system works and the taxes that you might face. You also need to be particularly careful about words and concepts that seem familiar to you but which have a fundamentally different meaning in Bulgaria from in Britain.