Legal Aspects of Buying Property in Bulgaria
Saturday, June 13th, 2009Legal Aspects of Buying Property in Bulgaria
By: Nancy Hall
According to Bulgarian law, foreign individuals and legal entities can buy property in Bulgaria property. Purchased the property, you can legitimately to be registered at this address. Non-residents of Bulgaria after the purchase of local real estate on an equal footing with local citizens, can pass the object.
When buying property in Bulgaria is the legislative details, which relate only to land and housing: In order to acquire the ownership of the land on which the property, you must register the entity in the territory of Bulgaria and purchased land in the ownership of the company. Individuals who are not residents of Bulgaria, under the existing legislation does not have the right to purchase land in the property.
