Can US citizens retire in Bulgaria?

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Can US citizens retire in Bulgaria?

Bulgaria allows every retired national to reside in its territory as long as he meets all the legal requirements. Eu-nationals will find the process relatively easy and straightforward. No visa is required for the first 90 days.

Is Bulgaria a safe place to retire?

Bulgaria is generally safe for expats. Foreign citizens, businesses or organizations are rarely targeted. Most occurrences of crime are restricted to the large urban areas. Most locals will maintain that they have experienced one type of crime or another, but these are rarely violent or serious crimes.

What is the state pension in Bulgaria?

The minimum amount of pensions for periods of social insurance and old age is determined every year and is BGN 300 for 2021.

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Can I retire to Bulgaria after Brexit?

Persons who want to enter Bulgaria starting with 2021 after the Brexit transition period is over do not need visas if their stay here will not exceed 90 days in a period of 180 days. They will only need their valid passport.

Can US citizens buy property in Bulgaria?

Bulgarian law allows non-EU citizens to buy property in Bulgaria with some limitations. All non-EU natural or legal persons can buy apartments in Bulgaria on their own names, provided that the apartments don’t come with ideal parts of the land on which the apartments were built.

How do I become a resident of Bulgaria?

To obtain a permanent residence one must spend 5 years in Bulgaria according to the long-term stay conditions. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. You will also be able to enter and leave the country as many times as you wish without visas.

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Can a US citizen live in Bulgaria?

U.S. citizens may stay in Bulgaria for a total of 90 days within any six-month period without a Bulgarian visa. This law is strictly enforced. Travelers who have been in the country for 90 days and then leave will not be able to re-enter Bulgaria before the six-month period expires.

Can I retire in Bulgaria if I am not a citizen?

If you are not an EU citizen however, the process to get your residence permit involves some more paperwork. The advantage is the requirements to live in Bulgaria are much lower than most EU countries. Compared to retiring in France or Italy, retiring in Bulgaria can be several times cheaper.

What are the requirements to live in Bulgaria?

Since Bulgaria is part of the European Union, the requirements to live in Bulgaria are quite different, depending on your country of citizenship. If you a citizen of the European Union or the EEA you will have an automatic right to reside in Bulgaria.

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Why retire abroad in the EU?

Retiring abroad in the European Union can be an ideal way to spend your golden years. Traveling around Europe can be exciting and streamlined. You could spend your retirement visiting different countries and cultures and having new experiences. Let’s talk about retirement in Bulgaria.

Is Bulgaria a good country for expats?

Currently Bulgaria is a great destination for foreign tourists willing to enjoy a pleasant climate, beautiful mountains and the Black Sea. Bulgaria offers attractions for expats year round, and as if this wasn’t enough, it is one of the most affordable countries in Europe.