Frequently Asked Questions

.: What are the fees and commissions charged by ForSale In Bulgaria Ltd.

        Please read about our charges here.
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.:What are the regulations for the import and export of currency by foreigners?

       In general case, resident and nonresident physical persons shall fill in and file with the customs authorities a foreign exchange customs declaration in accordance with the sample form approved by the Minister of Finance, when the sum of exported or imported by them Leva (BGN) and foreign exchange cash, including traveler's checks, exceed BGN 5,000 in total. Non-resident physical persons may import unlimited amount of Leva (BGL) and foreign exchange cash declaring the sum of the imported money and the type of currency before the customs authorities, provided that the total amount exceeds 5 000 BGL. Non-resident physical persons may export BGL and foreign exchange, as follows: Up to 5 000 BGL or their foreign exchange equivalent - without declaring them, and from 5 001 to 20 000 BGL, including traveler's checks, - after declaring their total amount and the grounds of their acquisition with the customs authorities; Over 20 000 BGL or the equivalent in foreign exchange - free export after declaration before the customs authorities, in case the amount of the exported BGL or foreign exchange does not exceed the amount of the imported and declared funds; Beyond the cases under items 1 and 2 - after obtaining a permit by the Bulgarian National Bank (BNB). For more information, we recommend you to visit the Web site of the Bulgarian National Bank [www.bnb.bg], where you can find a full text of the Foreign Exchange Law and of the Regulation No. 30 of 9 December 1999 on the Export and Import of Leva and Foreign Exchange Cash, Precious Metals and Precious Stones.
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.:Who and how may obtain property rights over real estate in Bulgaria?

       Foreign nationals and foreign legal entities may acquire ownership title over buildings and limited ownership rights over property in the Republic of Bulgaria.
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