FORMALITIES

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Due to various constitutional restrictions, foreigners are not allowed to buy land in Bulgaria. Therefor a legal construction is needed. The foreign person can act as a local person by establishing a company whose private owner of the capital is himself / herself

The most felicitous form is the LLC (Limited Liability Company). In this way the buyer is the owner of the land and the property, and can act through his company as a Bulgarian person

This procedure is common and widespread in Bulgaria.

The expenses of creation are limited.

I used a real estate agent who can organize transaction

 

 

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