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Taxes: Retirement income is subject to taxation in Bulgaria. The country’s personal income tax rate is a flat 10% . Real Estate Restrictions: Expats can purchase property in Bulgaria, but they ...
The American retirement dream is increasingly slipping away for many older workers hoping to hang up their hats. Savings are dwindling, Social Security isn't enough to get by, and healthcare costs ...
Michael Wallace, CEO and Tax expert at Greenback Expat Tax Services, said expats hoping to retire in Africa should consider other financial factors besides the cost of living, such as tax rates.
Other places that attracted Bulgarian immigration are Australia, New Zealand, South America (especially Argentina and Brazil), South Africa, and some expats in United Arab Emirates. The numbers of Bulgarians living abroad has been reported in vastly different numbers by varying groups such as the government and various NGOs, leading to some ...
All income earned in Bulgaria is taxed on a flat rate of 10%. [1] Employment income earned in Bulgaria is also subject to various social security insurance contributions. In total the employee pays 13.78% and the employer contributes what corresponds from 18.92% to 19.62%. [2] Corporate income tax is also a flat 10%.
Bulgarian Americans include persons born in Bulgaria, in the United States, and in other countries with ethnic Bulgarian population. Because some Bulgarians are not American citizens, others are dual citizens, and still others' ancestors moved to the U.S. several generations ago, some of these people consider themselves to be simply Americans ...
A retirement destination must have enough security to make an elderly person feel comfortable enjoying their endless leisure at home or outdoors, according to Brady Bridges, owner of Reside Real ...
The U.S. has also signed a similar agreement with Romania and the U.S. military units deployed to both Bulgaria and Romania will be known as Joint Task Force East. [2] Joint US-Bulgarian military bases established according to the 2006 Defense Cooperation Agreement between the United States and Bulgaria: Bezmer Air Base in Yambol Province