Hi
Equinus here again
The aspect of when buying property in Bulgaria seems to be creating a little confusion to us as some estate agents seem to indicate that it is necessary to form a company before you can buy a house and others seem to imply that forming a company is not necessary.
As Bulgaria became part of the EU in 2007 I am wondering what is now correct as some people have implied that estate agents are indicating that it is necessary to form a company just to get money from you.
If forming a company is required is an estate agent/solicitor/lawyer able to set it up on your behalf if you give them power of attorney. Some sites imply that you need the company formed before you can go ahead and purchase, so it would be necessary that it be set up before the final step of selling up here to buy out in BG occurs.
Equinus