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phillo

phillo

Member

English citizen

Forum posts

2

About me

English

Lives in Manchester

Registration: 15 August 2013

Activity

phillo replied to a thread
12 years ago
Pw

Retirement in Bulgaria by Pw

Thinking about retiring somewhere warm with a low cost of living? Bulgaria would be a good place to start, well so it seems according to the press. So what is the big attraction for retirement in Bulgaria? A very low cost of living is a major ...

phillo

Hi Ron, Perhaps you may want to look in to this. Apparently BG has the lowest income tax in the EU. If you spend more than 6 months there, your domicile for tax purposes is in Bulgaria and it is a flat 10% ...which may or may not be beneficial to ... Read More

phillo replied to a thread
12 years ago
Pw

Retirement in Bulgaria by Pw

Thinking about retiring somewhere warm with a low cost of living? Bulgaria would be a good place to start, well so it seems according to the press. So what is the big attraction for retirement in Bulgaria? A very low cost of living is a major ...

phillo

Hi, I would be interested in your experiences regarding tax on your pensions when you became residents in BG. I am approaching retirement age and I understand that there is a flat rate tax of 10% on any income received in BG. As there is a double ... Read More