For
anyone looking to buy a property
in Bulgaria, it is an exciting time, and searching with House Sales
Bulgaria (http://www.housesalesbulgaria.com/)
can improve the prospects of finding that dream house. Most people are looking
for a holiday or second home, where they will spend a period of time relaxing
each year without the need to work. However, those who will be working will
need to know about the visa and work permit situation in Bulgaria.
There are
various visas available when travelling to Bulgaria, and most are aimed at
stays of three months or less, with an option of spreading the total three
months over a year. For anyone spending time in their own property in Bulgaria or a rented
holiday home, there are few issues and the Bulgarian government is happy to
welcome tourists and holidaymakers into the local society. For those who intend
to live and work in Bulgaria permanently a rewarding and simple life awaits,
however there may be considerable paperwork to consider before realising the
dream of a life in Bulgaria.
For
anyone looking to work in Bulgaria, the first step is to consider the kind of
work you would like to do, how long for, and what permit or visa you will
require. The fact that you own real
estate in Bulgaria does not in itself entitle you to work there. One of the
main requirements to gain a permanent residents visa is previous residency for
a period of over six years if the person is self employed, or ten years if the
person is employed. For this reason a period of working under a work permit is
required.
Work
permits can be tricky to obtain for various reasons. The government requires
employers to show that any job offered to a foreign worker could not have been
filled by a Bulgarian citizen before they will issue a visa. Each individual
business cannot employ foreign workers for any more than 10% of its
positions.
Each work
permit only allows a person to work for a single employer, and is not
interchangeable, so if you lose a job, you will lose your permit and have to
re-apply. Many employers aren’t keen on hiring foreign workers because of the
extra paperwork involved for them.
Once working
and owning real estate in Bulgaria,
and in receipt of the necessary permits and visa, it is law that any foreign
worker must pay for their own insurance premium, which adds up to around 30% of
their total wages.
The Bulgarian
Government have such stringent controls in place to protect Bulgarian citizens’
interests. There is currently an unemployment rate of over 11% amongst
Bulgarian citizens, compared to 8.3% in the UK, which is at an all-time high due
to the current recession.
For
anyone considering buying property
in Bulgaria, visit http://www.housesalesbulgaria.com/
for advice and the latest property listings.