New member here, Myself, wife and teenage son are keen to move to Bulgaria from the UK within the next 2 - 3 years, we would have savings of around 200k and i am wondering if that would be enough to be granted a visa d without me taking my pension, I am planning on leaving my job end of next year but not taking my pension until I am 60, will be 55 next year, would I be able to apply for visa once I purchase property etc, and would the 200k be enough to see me through till i get my pension, which I can cash in early if I needed too. Please be kind in your responses
Moving to Bulgaria
2
1942
@mmctaggart
Welcome to the expat.com forum and good luck with your potential move to lovely Bulgaria!
The problem is that the investor type options (for those with money) is 300k euros plus, a bit more than your stash. Below this amount, you'd probably need to qualify either as a retiree (if you take your pension) or as a TRO (Trade Representative Office).
It seems that in 6 years you'd be able to qualify as a pensioner. The TRO (if you incorporate a UK company) might get you residence in 2 years.
In the meantime, nothing stops you from acquiring a property, and spending up to 90 in 180 days here, visa free (i.e. just under 6 months a year, in 2 or more visits).
More generally, the minimum wage here is about 500 euros per month. If you have 200k in savings, a home in Bulgaria, and pension income you'd be able to live very comfortably. But there's no class of D visa for those of "independent means" as there is in some other countries... it's either investor, or pensioner, or TRO.
2
Thank you for your quick reply, so if I took my pension early then D visa would not be a problem.
1942
@mmctaggart
Indeed. Private and state pensions are OK, and there's no minimum age specified.
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