... and that the disposable income of higher earners grows significantly faster in a low flat tax country than in an old tax country such as UK or Germany...

... this explains why top end property in Bulgaria et all can grow in price faster than lower end property...

cheers
Neil

Hi Neil - do you believe more people in Bulgaria will rent in the major cities, and that this will push up rental values?

Peter

Anna, you fall into the familiar trap of selling the benefits of lower tax regimes for investors when in actual fact most of us will have to declare the income in the UK and pay the higher rate on it. You should know better than to resort to the tactics of the less reputable property companies.
Huw

Did you bother to read the article, Huw?

Not at any point did Anna say that the flat 10% tax would benefit property investors directly (aside from the tax paid on rent revenue, which isn't going to be enough to bring home and suffer taxation is it!).

It benefits the Bulgarian populace, increases tax revenue for the country and attracts business. All leading to an improved economy and rising property prices - which property investors obviously DO benefit directly from.

Seriously, have a pop when it's justified, but don't just read a headline and comment.