Property and Luxury Villa Sales and Rentals in Bulgaria

Get information about holiday villa rentals, property sales and property rentals in Bulgaria

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Thursday, 09th of September 2010

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INHERITANCE TAX

As with the U.K. and most other Global Countries bulagria has an
Inheritance tax.
Upon the death of someone who owns a Bulgarian property, Close Relatives
are levied an inhertance bill of 7% of the value of the said property.
Non close relatives the levy is 10%. The threshold of Inheritance tax under
Bulgarian Law is 250,000 Bulgarian Leva, 107,000 GBP, 127,800 Euro. You would
obviously need to check these above exchange rates as they do fluctuate
according to world markets and trends on a daily basis.

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