- April 9, 2024
- Posted by: legaleseblogger
- Category: Related News
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### Background in Bulgaria as a Freelancer
I am a resident of Bulgaria and I operate as a self-employed freelancer in this country. In Bulgaria, European Union regulated Exchange-Traded Funds (ETFs) are exempt from capital gains tax, making them a favorable investment option.
### Tax Implications for Self-Employed Individuals in Bulgaria
In Bulgaria, the general capital gains tax (CGT) rate is 10%. As a self-employed individual, I receive my income in the form of a company dividend. This means that I am subject to a 10% corporate tax on the dividend income, followed by a 5% dividend tax.
### Considering Investment Strategies for Post-Tax Income
Given the tax advantages of investing in ETFs in Bulgaria, especially considering the exemption from capital gains tax, I am contemplating whether it would be more beneficial for me to invest my post-tax income directly into ETFs without the necessity of setting up a private pension fund.
### Current Investment Portfolio
Currently, I am investing in VWCE (accumulating shares) as part of my investment strategy.
### How AI Legalese Decoder Can Assist
AI Legalese Decoder can help navigate the complexities of tax laws and regulations in Bulgaria, providing insights and recommendations tailored to my specific situation as a self-employed freelancer. By utilizing this tool, I can make more informed decisions regarding my investment portfolio and tax planning strategies, maximizing the benefits of investing in ETFs and optimizing my financial goals.
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As a fellow Bulgarian I would pay the minimum state pension which is required by our laws and invest the rest in diversified ETFs (at least 2).
As long as you have a plan for healthcare later in life you can do whatever you want
You could allocate a small portion of your cash to BET-TRN, the Romanian accumulating ETF that is very cheap to buy.
Then, I’d focus on SXR8. It makes no sense to bet against America.
Of course, the simplest solution is VWCE and chill.
“Нормална” пенсия – вдига се с 2 месеца на година до достигане на 65г за двата пола и 40г стаж за мъже и 37 за жени
Минимална пенсия – 67г възраст и 15 г стаж
Социална – 70г възраст и нямаш други доходи повече от 75лв на член от семейството към тази година
Дали да се осигурявате е сметка която със счетоводителя ви не е трудно да се направи, ако се осигурявате на минимална заплата ще взимате и минимална пенсия, така че е безмислено към момента да го правите повече от 15 г
Доброволното пенсионно осигуряване е с доста високи такси, но има и елемент на намаляне на данъка, така че може да го правиш от името на фирмата към вас и отделно от ваше име към вас самия, с което да си намалите данъците, отново счетоводител ще може да ви обясни дали за вашия случай има смисъл.
За инвестиции в индекси към момента бих препоръчал следващите s&p 500 – vuaa (ако искате по малка цена на част) и sxr8 (малко по скъпи) и двата следват индекса и няма голяма разлика, разбира се говорим за акумулиращ, няма нужда да плащаш данък за дивидентите особено ако не ви трябват пари в момента. Няма лошо да имате и някой европейски индекс, като този който използвате, но определено бих държал не повече от 10% от общите инвестиции поради по бавния растеж.
Последно по това което сте обяснили бих имал и emergency fund за около година за личните разходи , за жалост към момента не съм намерил място подобно на hysa където да ги държим за България.