How much do you need to live comfortably in Bulgaria?

What is a good salary in Bulgaria?

What is the average salary in Bulgaria? The average salary in Bulgaria is $18,987.68 (33,747 BGN)/year, $1,582.17 (2,812 BGN)/month or $9 (16 BGN)/hour as of 2019. Wages are highest in cities of Sofia and Plovdiv at an annual average of $22,161.58 (39,388 BGN) and $21,376.12 (37,992 BGN) respectively.

Is living in Bulgaria cheap?

Comparative analysis describes Bulgaria as relatively cheap and a much more affordable place to live when compared to most other countries in the European Union. However, the prices of some basic foodstuffs and electricity are constantly rising, which adds to the cost of living.

How much money do I need to retire in Bulgaria?

The cost breakdown is less than $1,200 per month. $1,156 per month on average. It costs me ~2000 leva per month to live in Sofia. The most expensive city in Bulgaria has affordable living costs on par with renowned “cheap” cities like Medellin or Manila.

Can a foreigner buy a house in Bulgaria?

According to Bulgarian law, foreign citizens of EU countries or the European Economic Area (EEA) have the right to buy property in the country, including land. This also means that foreigners can invest in property in Bulgaria – either through a local legal entity or personally.

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Is it safe to live in Bulgaria?

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.

Is Bulgaria cheaper than Spain?

Bulgaria is 42.1% cheaper than Spain.

Is Bulgaria more expensive than Turkey?

Bulgaria is 57.9% more expensive than Turkey.

Is Bulgaria poor?

Bulgaria has a well-educated workforce, but it is considered the poorest nation in the European Union. Among the challenges it faces are perceived problems of corruption and organized crime.

Is Bulgaria a nice place to retire?

Once the visa D is issued (for non-EU residents) the retired foreigner must submit to the Migration Office at the place of his future residence new documents in Bulgarian language confirming the reason for the foreigner to obtain a residence permit.

Is it expensive to live in Bulgaria?

A single person estimated monthly costs are 496$ (860лв) without rent. Cost of living in Bulgaria is, on average, 45.96% lower than in United States. Rent in Bulgaria is, on average, 78.65% lower than in United States.

By City in Bulgaria.

Rank City Cost of Living Index
3 Plovdiv 37.44
4 Burgas 35.90

What is the quality of life in Bulgaria?

The country performs best in the categories “Economy” – 28th place with 40 points and in “Governance” – also 28th place with 38 points. The worst performance is in the “Quality of Life” category, where this country ranks 30th with 29 points. … When it comes to inequality, Bulgaria ranks 34th out of 35 countries.

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Can I live in 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.

How long can a UK citizen stay in Bulgaria?

you can travel to Bulgaria for up to 90 days in any 180-day period without a visa. This applies if you travel as a tourist, to visit for family or friends, to attend business meetings, cultural or sports events, or for short-term studies or training.

Is Bulgaria a good investment?

Bulgaria still has some of the lowest real estate prices in all of the European Union. While prices are currently rising, the time for investing is now. … The capital city, Sofia, and some of the other big cities, such as Varna, Plovdiv, Ruse, and Burgas, are among the other preferred investment locations.