How much money do you need to live in Bulgaria?

Summary: Family of four estimated monthly costs are 1,886$ (3,446лв) without rent. A single person estimated monthly costs are 541$ (988лв) without rent.

Is it expensive to live in Bulgaria?

The cost breakdown is less than $1,200 per month. $1,156 per month on average. It costs me ~2000 leva per month to live in Sofia. The most expensive city in Bulgaria has affordable living costs on par with renowned "cheap" cities like Medellin or Manila.

What is a good salary in Bulgaria?

A person working in Bulgaria typically earns around 3,300 BGN per month. Salaries range from 840 BGN (lowest average) to 14,700 BGN (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Why is it so cheap to live in Bulgaria?

Reasons why in Bulgaria cheap property, a few: The consequences of the 2008 crisis and the sharp drop in demand, causing prices have fallen by 40%. Lower purchasing power of the population compared to an average level. The socialist heritage of the country.

Is Bulgaria a good country to move to?

The main reasons for moving to Bulgaria

Bulgaria is one of the hidden gems of Eastern Europe, so whether you want to enjoy beautiful mountainous landscapes or a thriving city hub, there's plenty of choice for expats. Not only is the country extremely affordable, but it provides everything you could need.

How Much does it Cost me to live in Bulgaria ???

Is it affordable to live in Bulgaria?

Comparative analysis describes Bulgaria as relatively cheap and a much more affordable place to live when compared to most other countries in the European Union. However, the prices of some basic foodstuffs and electricity are constantly rising, which adds to the cost of living.

Can a foreigner buy a house in Bulgaria?

According to Bulgarian law, foreign citizens of EU countries or the European Economic Area (EEA) have the right to buy property in the country, including land. This also means that foreigners can invest in property in Bulgaria - either through a local legal entity or personally.

Is Bulgaria good for retirement?

Bulgaria is a beautiful country and an interesting destination if you are a pensioner and are looking for a foreigner friendly country, and the most affordable cost of living country in the European Union.

Can foreigner get job in Bulgaria?

Getting a Job and a Work and Residence Permit in Bulgaria

If you are skilled in any economic sector with strong ties with technology, getting a job in Bulgaria is rather easy. Since the salaries are lower than in Western Europe, there are plenty of jobs for skilled expats in most sectors.

What is the average monthly income in Bulgaria?

In 2021, the minimum wage in Bulgaria is BGN 650 (EUR 332). The average gross monthly salary in Sofia is around BGN 1500 (EUR 750), resulting in a net salary (after tax and social levies) of about BGN 1,200 (EUR 600).

Is it good to live in Bulgaria?

Bulgaria is a pretty safe country and, in fact, one of the most peaceful and safe countries in the world. It's a nation of friendly people and low levels of violent crime. However, not everybody in Bulgaria is friendly.

Is Bulgaria cheaper than UK?

Bulgaria is 54.2% cheaper than United Kingdom.

Is Bulgaria cheaper than Portugal?

Portugal is 46% more expensive than Bulgaria.

Is food cheap in Bulgaria?

Food and Drinks

As eating out is not expensive in Bulgaria, you won't have to budget much for this part of your trip. A meal for two at a mid-range restaurant with desserts and a bottle of wine will cost between $20-50. A simple meal with a beer might even be less than $15.

How long can you stay in Bulgaria without a visa?

You can travel to Bulgaria for up to 90 days in any 180-day period without a visa. This applies if you travel as a tourist, to visit for family or friends, to attend business meetings, cultural or sports events, or for short-term studies or training.

What is the healthcare like in Bulgaria?

Bulgarian healthcare is universal and state funded through the National Health Insurance Fund. Bulgaria spends around 4.2% of its GDP on healthcare and has around 1.8 doctors per 1,000 people, which is above the EU average.

Is Bulgaria a good investment?

Many investors have already spotted that Bulgaria offers very good value for money, with letting potential as a holiday destination. The best investment opportunities include the ski resort of Bansko and the Black Sea resorts of Varna and Bourgas.

What do I need to move to Bulgaria?

Which is the cheapest country to live in?

How many foreigners live in Bulgaria?

Close to 86 000 foreigners resident in Bulgaria in 2018 – official statistics | The Sofia Globe.

Is tap water drinkable in Bulgaria?

Tap water is safe to drink all over the country but not always pleasant in taste or appearance. Bulgaria's vast supplies of mineral water are widely available in 0.5 litre and 1.5 litre bottles. They are very tasty and not expensive.

Where is the best place to live in Bulgaria?

Can I move to Bulgaria after Brexit?

British citizens seeking to move to Bulgaria after Brexit

Persons who want to enter Bulgaria starting with 2021 after the Brexit transition period is over do not need visas if their stay here will not exceed 90 days in a period of 180 days. They will only need their valid passport.