Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

Don’t Do Up Your Aspiration of Touching Overseas - Protect Offshore

Don’t Do Up Your Fantasy of Touching Overseas - Take shelter Offshore Thanks to the fall in value of the pound in relation to the euro, the dramatic drop in property prices that markets such as France and Spain have suffered means very little to Britons going in search of a home abroad now. However, having said that the cost of living in many European nations was already considerably cheaper than in the UK! Take Bulgaria and Romania for example, both new entrants to the EU and both countries where a pound will still go an awfully long way. Consider renting out your property in the UK rather than selling it. There is still strong demand for rental accommodation whereas even those who want to buy are being scuppered by banks refusing to lend. Plus, if you do sell now you will not be selling for top dollar as everyone knows the British housing market is in decline.With your property rented out and a monthly rental income secured you can rent a property abroad. This is again because of the weakened pound. You will be more likely to learn the language – as you will have to learn to negotiate with market stallholders. You’ll be more likely to make friends as you’ll want to hear from other people about how they are coping in these tough financial times. Page 1 of 1 Related Three Places to Consider Retiring Abroad Living Abroad in China Living Abroad in Nicaragua For an Affordable Retirement What About Costa Rica?