Have
ever thought what could be the benefit of registering a car or motor
vehicle in Bulgaria Benefits are grate.
Have a read
the article below and you will understand:
In Bulgaria
there is no road taxes ,you just pay municipality tax on car address of registration.
That depends of power of the car engine and will vary between 50 leva to150
leva per year.
MOT-
Technical assessment per year is way cheaper then in other EU countries and
Greece .That will cost you about 35 leva per year and you can do that in any
licensed garage in Bulgaria.
To drive
the car on public roads the government charge a stickers which could be for one
year ,six months ,one month ,one week. Price for a cars of sticker for one year
is about 67 leva Those stickers are obligatory just if you drive the car
in Bulgaria if you drive else where it is not. But it is recommended to have
one.
Third party
car insurances in Bulgaria are as well way cheaper then in other EU
countries and Greece.
Normaly car insurance is between 120 leva to 240 leva per
year and depends of the engine power of the car. Bulgarian car insurance
are fully valid all over the Europe and outside of Europe. They cover all
damages and liabilities caused to a tird party . Important that you have to
know is that the insurance in Bulgaria is made on the car ,not on the person
name .That means any person who drives the car is covered for the damages
caused to the third party due to road accident.
Owners of
vehicles in the municipality to declare permanent address, office held by their
vehicles within two months of their acquisition. For cars City Council
determines the amount of tax according to engine power, adjusted by a factor
depending on the year of manufacture as follows:
1. to 37 kw, including 0.34 to 1.02 Lv. per 1 kw;
2. over 37 kw to 55 kw, including from 0.40 to 1.20 Lv per 1 kw;
3. 55 kw to 74 kw, including from 0.54 to 1.62 Lv per 1 kw;
4. 74 kw to 110 kw, including from 1.10 to 3.30 Lv euro per 1 kw;
5. over 110 kw from 1.23 to 3.69 Lv per 1 kw.
|
Number of
years from year of production, including the year of production
|
rate
|
|
Over 14 years
|
1
|
|
Over 5 to 14 years including
|
1.5
|
|
Up to 5 years, including 2.8
|
2.8
|
So if you
buy and register a car in Bulgaria you can save a lot of money and drive it
absolutely legally in any European country including Greece .No one could ask
you why the car got Bulgarian registration plates .The reason is Bulgaria is a
full member of EU there are international treaties regarding the car transport
and insurances.
To enjoy
those benefits you will need to have a permanent residency in Bulgaria or if
you don’t reside in Bulgaria you can establish a bulgarian company
which will possess the car Any company registered in Bulgaria is
considered a Bulgarian local person.As I explained above Bulgarian insurance
apply to the car and respectively any person who drives is covered including
owner of the Bulgarian company . So do consider your situation and come and
register a Bulgarian company then buy your Bulgarian car and drive it in Greece
You don’t even need to come by your car regularly in Bulgaria ,only for
technical examination and insurance ones per year ,all the other time you can
spend in Greece.
An
ordinance of the Ministry of Interior of the Republic of Bulgaria defines
procedures for registration of motor vehicles owned by the Bulgarian natural
and legal persons/Registered Bulgarian companies/.This Ordinance shall apply to
EU citizens and their family members, citizens of States Parties to the
Agreement on the European Economic Area and Switzerland citizens holding
Bulgarian permanent residence certificate or a certificate of permanent
residence. The vehicle is registered within 14 days of acquiring ownership
or form of imports. Upon initial registration of vehicles imported from
countries outside the EU, VAT is paid. Vehicles that are first registered
in a country member of the EU are not subject to VAT.
Depending
on the year of production, value is multiplied by the following ratio:
For
vehicles with an engine power to 74 kw including,equipped
with catalytic activedevices, the tax is paid at 50%
discount.
Vehicles
tax shall be paid in two equal installments within the following
deadlines: 1 March to 30 June and 30 October of the year
for which it is due. Those paid from 1 March to 30 April
in the year is a discount of 5%. For
vehicles acquiredand registered to move to the current
year, the tax paid within two months from the date of
acquisition, or the registration oftheir movements, amounting
to one twelfth of the annual taxfor each month until the
end of the year including the month
ofacquisition, respectively, to move their registration. Payment
of local taxes is a condition for the regularity of
the annual technical inspection of the vehicle.
