It takes more like a month than just 14 days with all the other registrations (apart from the court one) of the company. And let’s not forget that it’s not the foreigner that buys the land, but his Bulgarian company that’s a separate entity! Article 22 of the Constitution of Republic of Bulgaria says that foreigners may buy land according to the rules of the accession to the EU. The Accession Treaty of Republic of Bulgaria and Rumania to the EU (appendix 5, item 3. 2) stipulates that Republic of Bulgaria keeps for 7 years the ban on selling land to foreigners. And indeed, if it is the foreigner and not his company that buys a piece of land in Bulgaria, what’s the company for! If it’s the Brit or the Irish who buys the land, he could save himself the time and the expense to set a company in Bulgaria. That’s why all the title deeds I’ve seen clearly state that a particular land estate is bought by the foreigner’s company and not by the owner of the company. It can’t be otherwise before 2014 unless the foreign citizen becomes owner by inheriting the piece of land.
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