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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 ...
In Belgium the retirement age is to be increased gradually to 67 years by 2030. [2] [5] [5] "SFPD". </ref> Bosnia and Herzegovina: 65 65 2024 [1] Bulgaria: 64 (and 7 months) 62 (and 2 months) 2024 In Bulgaria the retirement age for women is to be equalized to the retirement age for men (65) by 2037. [2] Croatia: 65 63 (and 6 months) 2024
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%.
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 ...
The Survey of Health, Ageing and Retirement in Europe (SHARE) is a multidisciplinary and cross-national panel database of micro data on health, socio-economic status and social and family networks. In seven survey waves to date, SHARE has conducted approximately 380,000 interviews with about 140,000 individuals aged 50 and over.
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 ...