: :inin Kyiv (EET)

Authorities tighten grip on tax evasion in real property deals


In the time of the real estate boom from 2006 to 2008 many nationals of UK, the Scandinavian countries and Russia bought vacation homes in Bulgaria. Demand from nationals of Ukraine and Russia continued even after that. There is no precise statistics about the real properties of foreign nationals in this country, because a few of them – given the constitutional ban on land purchase – would buy real estate through companies. Following growing interest in Bulgarian resorts abroad a few vacation …read more

Source: Radio Bulgaria

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