Relocation To Bulgaria

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RELOCATION

TO BULGARIA
FAQ SESSION
▪ Welcome and SoftServe overview

▪ Regular employment: benefits & conditions

▪ Taxation

▪ Onboarding process

▪ Bulgaria road show


SoftServe Confidential
▪ SoftServe operates in Bulgaria since 2014

▪ We are a team of 450+ SoftServians

▪ Main offices are in Sofia and Burgas. There are also satellite
locations in Plovdiv and Varna

▪ SEE IT Awards for the "Employer of the Year 2022"

▪ More information in SoftServe Library


SoftServe Confidential
▪ Breathtaking views are all around! High mountains and
beautiful seaside

▪ Friendly language environment! Bulgarian is easy to learn

▪ Vast real estate market and fair rental price

▪ Сonvenient accessibility and high-developed transport


system

▪ The rich cultural calendar of national and international


festivals

▪ A friendly community of the Ukrainians

▪ A reliable and stable currency

TIPS: HOW TO MOVE TO BULGARIA

Bulgarian Language Courses


▪ Vast real estate market and fair rental price

▪ Bulgaria is much less expensive to live in when compared to


other European countries

▪ The cost of renting an apartment depends on the city and


the area:

✓ One-bedroom apartment in Sofia: 300-500 EUR

✓ Two-bedroom apartment in Sofia: 400-600 EUR

✓ Winter utility services: 100-250 EUR

✓ Summer utility services: 100-150 EUR


▪ State kindergartens: 35-50 EUR/per month
▪ Private kindergartens: 150-300 EUR/per month

▪ State school: 170-300 EUR/per year


▪ Private school: 2000 EUR/per year

! In Bulgaria, school students can receive a


scholarship if they have good grades.
After your arrival in Bulgaria, you will need a new local bank account, which is mandatory if you want to receive
a permanent residence permit. To open an account in any bank, you will need to personally go to any of its
branches/local offices. There are no restrictions for locals or foreigners when it comes to the type of the account or the
currency, you’d wish to open it in.

The required documents for physical persons are as follows:


✓ a copy of your ID card (if the person is Bulgarian or from a member country of the European Union),
✓ or any other identification document (if the person is a citizen of a country outside of EU).
It usually takes a week or so to get a bank card, which should be collected from the bank in person.

Well-known banks that are typically recommended: UniCredit Bulbank, Raiffeisen, DSK, Postbank.​

Normal bank working hours are from 8:00 till 17:30, but many​ of them have branch offices with prolonged working
hours (until 19:30- 20:00) or offices that even work over the weekend.
SoftServe Confidential
SoftServe Confidential

SoftServe provides the following benefits for


the associates:​

▪ Health & Life insurance


▪ Multisport cards
▪ Paid vacations​
▪ Food vouchers
▪ Career opportunities and a clear career path
▪ Expert groups and professional events

Check the whole list of the benefits here & here


SoftServe Confidential
SoftServe Confidential

▪ There is a clear and fast legalization process compared to other EU


countries in Bulgaria. It’s easy to switch from Short Term to Mid & Long-
Term Relocation
▪ Upon relocation to Bulgaria, you will need to have your contract
with Ukrainian SoftServe entity terminated AND sign an
employment contract with the Bulgarian SoftServe entity
▪ People, who plan to stay and work in the country after the government
drops the issuance of temporary protection cards, will need to apply for
an EU blue card (residence permit)
▪ Ukrainian citizens have the right to stay in Bulgaria with only a passport
for 90 days without a temporary protection card – with this option
they don’t have the right to work in BG
▪ People who have temporary protection card have the right to work in
BG
▪ Hiring documents: Passport, TPS, Tax office registration, Notarized TPS
SoftServe Confidential

▪ Employment contract with a probation period of 6 months


▪ Notice period after probation - 3 months for both sides
▪ Overtime:
✓ Max 6h weekly
✓ 30h monthly
✓ 150h annually
▪ Sick leave:
✓ first 3 days of sickness are paid by employer on 70% and the rest are paid by the government on 80%
✓ for fully paid sick leave employee needs to have 6 months of work experience in Bulgaria, if they don’t have
such, they get paid only first 3 days from sick leave
▪ Unused vacation – can carry over for 2 years
SoftServe Confidential

! IMPORTANT
▪ Not a practice in Bulgaria and we don’t recommend it
▪ There is no tax relief for both sides and high legal risk
SoftServe Confidential

▪ All taxes are paid through the employer and


deducted from employee's gross salary
▪ Total Rewards team matches current compa-
ratio of the employee to local ranges

Click to add text


For more info you can email:
TotalRewardsDepartmentGlobalMobilityProgra
mGMP@softserveinc.com
SoftServe Confidential

172.44

Taxes: 275.60
▪ Personal Income Tax – 10% flat
▪ Social Taxes – 13.78%, capped at 3400 BGN (Max Social
Security Threshold)
Example:
▪ Gross salary: 2000 BGN 1551.96

▪ Taxes: Social – 13,78% (275,60); PIT – 10% (172,44)


▪ Net salary: 1,551.96 BGN (Gross minus Taxes)
PIT Social Taxes Net Salary

353.15
Example:
▪ Gross salary: 4000 BGN 468.52

▪ Taxes: Social – 13,78% (468,52); PIT – 10% (353,15)


▪ Net salary: 3,178.33 BGN (Gross minus Taxes)

For more info look here: Salary calculator Gross – Net


3138.33

PIT Social Taxes Net Salary


SoftServe Confidential
Apply on the border of BG; Get internal SoftServe Employee need to apply Employee needs to It could be any bank
Apply in emigration approval through your for tax number in Tax notarize the temporary
centers depending on the manager office protection card
city Documents: temporary
If the document is provided to Documents needed: copy Documents: temporary
This card provides rights ERM team, they need to send of passport; copy of protection card; passport protection card; passport
for residency in the it to GM protection card;
country until expiration, application which is filled
work, healthcare & in the tax office
education
https://ukraine.gov.bg/issu
ance-of-temporary-
protection/

ERM contacts vendor and Sign employment contract and


arranges time and date for check the rest hire documents needed
up
▪ RELOCATION LIBRARY
▪ BENEFITS
▪ Bulgaria support Teams Channel
TELECOMS:
▪ A1, VIVACOM, Yettel
OTHER LINKS:
▪ Government assistance
▪ Schools Guide
▪ International Schools in Sofia
▪ Kindergartens & Preschools Sofia
LANGUAGE COURSES:
▪ Bulgarian language courses
THANK
YOU!

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