Expatriate Medical Insurance News: Bulgaria 'is good value for money' -
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Expatriate Medical Insurance News: Bulgaria 'is good value for money'

People considering relocating abroad but unsure of the nation they wish to live in may wish to think about moving to Bulgaria.

Director at thebulgarianpropertyfinder.co.uk Paul Watchorn said the country is typically "excellent value" for money when considering how far cash goes and the quality of the nation.

While international health insurance should be considered an important purchase for all expatriates, the representative noted the healthcare in Bulgaria is particularly good when compared to similar countries and the region provides nationalised medical assistance.

Furthermore, the cost of living is particularly low, with both income and corporation tax at a flat rate of just ten per cent.

According to the US' Central Intelligent Agency's World Factbook, this positive investment climate is hampered by a weak judiciary and a somewhat corrupt public administration, as well as the presence of organised criminality.

Companies from all over the world base themselves in Bulgaria for this pro-business taxation model, which is supporting the growth of its economy, Mr Watchorn remarked.

There are many reasons people choose to move to Bulgaria, with individuals from Western countries such as the UK claiming their homeland is too expensive.

Expatriates are also after a "better lifestyle" and can receive less stress and live healthier in Bulgaria than in other places, the specialist asserted.

He revealed he moved to Bulgaria in 2004 and has noticed the infrastructure is comparatively good, although the property market is realising fewer sales than it used to.

However, the expert said he lives around an hour from the coast and is seeing "reasonable and steady growth" in the local real estate sector, advising people who are looking to make an investment in property to focus on "solid inland" assets.

Generally, the men and women who relocate to Bulgaria are pensioners and individuals who wish to live a "semi or fully self-sufficient lifestyle".

Even a basic state pension could be enough for a person from the UK to live comfortably, he argued.

"The summers are long and things are cheap," the specialist declared.

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