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New tax in Bulgaria?

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Maybe yes Maybe no. Ofc Bulgarians people has mainly low income, but in Hungary it's not too too much higher. And 0 problem to cash in / out almost any amount (7figures+). I dont think it's linked with the country itself (poor or rich). It's more related about the banks itself, verification, what they accept or not, if local currenty (leva, hungarian forint?) or in Euros / USD.. and ofc your links with the bank.
Central Europe is globally still very lax with this topic. Probably much more than western or richest countries. I don't have experiences with all banks, but I can say in HU and SK, very lax. I don't know well Bulgaria (just went few times, but no business or banking either). Just curious about if someone has a similar experience there.
In my previous post I mentioned it can raise red flags. I don't just mean with the bank. You might not notice it when you're there but BG is largely run by the mafia. They hold all the govt postitions, are on the boards of the banks, etc...
When large sums of money start moving around don't be surprised if you'll catch their attention.
By large sums , I mean relative to BG so 200k+. Just something to keep in mind.

Personally, I like how BG runs vs HU which last time I was there was a shithole especially the Pest side. HU isn't at least openly corrupt. In BG a little bit of money can change almost every situation.
 
In my previous post I mentioned it can raise red flags. I don't just mean with the bank. You might not notice it when you're there but BG is largely run by the mafia. They hold all the govt postitions, are on the boards of the banks, etc...
When large sums of money start moving around don't be surprised if you'll catch their attention.
By large sums , I mean relative to BG so 200k+. Just something to keep in mind.

Personally, I like how BG runs vs HU which last time I was there was a shithole especially the Pest side. HU isn't at least openly corrupt. In BG a little bit of money can change almost every situation.

Ok good to have your feedback. In HU (or SK) you can pass much more than the amount you said, since years (and still until now). Never any pb/trouble.

I know a bit BG but not too well. I am not against to pay a bit (or more) to solve some situation. But please dont compare Sofia and Budapest (at least for the Architecture, building, and development).. Sofia is faraway behind.

Ofc i am not talking about mindset.. HU people are (very often) always sad and bad mood. not really happy. But girls are quite good and open minded there ;)
 
But girls are quite good and open minded there

qRk9mr.jpg


It's not only the mind that's quite open there.
 
Ofc i am not talking about mindset.. HU people are (very often) always sad and bad mood. not really happy. But girls are quite good and open minded there ;)
And that is the most important part of the entire thread ?:eek:
 
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qRk9mr.jpg


It's not only the mind that's quite open there.
Lol I literally was thinking about this map when he wrote that.

Ofc i am not talking about mindset.. HU people are (very often) always sad and bad mood. not really happy. But girls are quite good and open minded there ;)
It's the people that make the city. Ultimately I go back to places with nice ppl. In BG everyone I met is nice, happy and open and they try to make an effort to help. Even if they are poor they smile and act pleasant besides for the gypsies there. EVERYTIME I went i had the same experiences there. That's rare.

You can easily find hot, smart and pleasant girls there if that's what ur looking for. They are extremely easy to talk to. I don;t care much for a few buildings of architecture n Budapest that u can find in most european cities if the people are garbage. They are cold, unwelcoming, angry , and always in a crappy mood. They don't bother talking to you and don't care about trying to communicate in english. It's so overrated for no reason. Overall I always had bad experiences there and even cut my trip short bc I couldnt take the level of their rudeness. If you want architecture go to Florence. I'll give you, that the girls I met in HU were easy and chill.
 
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Lol I literally was thinking about this map when he wrote that.


It's the people that make the city. Ultimately I go back to places with nice ppl. In BG everyone I met is nice, happy and open and they try to make an effort to help. Even if they are poor they smile and act pleasant besides for the gypsies there. EVERYTIME I went i had the same experiences there. That's rare.

You can easily find hot, smart and pleasant girls there if that's what ur looking for. They are extremely easy to talk to. I don;t care much for a few buildings of architecture n Budapest that u can find in most european cities if the people are garbage. They are cold, unwelcoming, angry , and always in a crappy mood. They don't bother talking to you and don't care about trying to communicate in english. It's so overrated for no reason. Overall I always had bad experiences there and even cut my trip short bc I couldnt take the level of their rudeness. If you want architecture go to Florence. I'll give you, that the girls I met in HU were easy and chill.

Yes BP and Praha are well know to be since a while the 2 European P**N capital.

Well, partially agree and not agree with you.

- The 'angry' side is typically (and almost the same) in all 'visegrad' countries (HU/CZ/PL/SK). Maybe the less angry in Prague if we compare with the others.
- Not agree for English, they speak usually more and better english than western / mediterranean European countries (like better than In Italy, France, Spain or Greece), except ofc the 'basic' employees people or low class (post office, cashier, some workers, construction etc, and countryside yes).
- Well, if you talk about architecture, you dont have lot of cities in Europe beautiful as BP (and I am french and I really love Italy). Firenze is historically beautiful yes but ONLY tourists there, make everything crappy and scam. I prefer Toscana region and countryside, but not Firenze itself. really not authentic feeling there (at least my opinion).
- I had the experience of living 'full' time in BP (10years ago), since a while just 2/3 months max per year and it's the best way for me. Just taking the good part, and you can optimize a lot there, and easy banking. Also was incredibility cheap real estate for an european capital 10years ago. Was almost same price as Sofia, and even cheaper than Bucarest, and once again you really cannot compare these capital. was really underrated at this time. Now real estate almost x3 since 2013 (depend the area), and inflation in Hungary is the WORST from far in EU. So less interesting, at least from this side.
My 2cts.
 
@blancmon229 Interesting that you find the Bulgarian people to be friendly. In most comments I read people found them rude. Thanks for sharing your perspective! Are you permanently living in Bulgaria? You also said its largely run by Mafia. How does that show and does it impact a normal online business?
 
It's a stable Bulgarian and it's part of the EU - so it's probably only a matter of a very short time before everything becomes thoroughly regulated, and there's no room for the Mafia either - on the other hand, I know very well that it thrives in Italy and many other Eastern European countries.

Maybe the EU doesn't intend to take on the Mafia at all, or maybe the EU is the Mafia - I don't know.
 
It's a stable Bulgarian and it's part of the EU - so it's probably only a matter of a very short time before everything becomes thoroughly regulated, and there's no room for the Mafia either - on the other hand, I know very well that it thrives in Italy and many other Eastern European countries.

Maybe the EU doesn't intend to take on the Mafia at all, or maybe the EU is the Mafia - I don't know.
Italy and Mafia are interchangeable. One cannot be without the other.
 
If you submit tax return for 500k€ gain will it put you on radar of BG mafia? Anything to be worry about? Money would be kept out of country.
Let's hope so, maybe someone is able to answer this question?
 
Let's hope so, maybe someone is able to answer this question?
Read my previous posts, 500k gain are rookie numbers in this country.. even you make 10 million gain no mafia will be busy with you.
 
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