Varna is known as the largest seaside resort in the country of Bulgaria. It is also the third biggest city. It is also a major destination for tourists and as well as a starting point for the resorts on the Northern Black Sea Coast.
Bulgaria is currently a part of the EU which means that the same rules as other EU countries apply when shipping cars to Bulgaria. You are going to need to clear the vehicle through the customs, pursuant to the relevant regulations. You would have to pay the VAT, take out the insurance and get a verification of origin. You are also going to have to get the vehicle inspected, tested for roadworthiness and registered. Even though most of the regulations that you would need to follow are the same, there are some specifications for Bulgaria alone.
The customs of the Varna require that vehicles which are imported to be declared on temporary import basis. You are also going to have to pay a guarantee for the car in order to get clearance from the Customs. The amount of the guarantee depends on the year, make and model as well as the bhp and the kW of the engine. If the car stays within the Bulgaria for more than a year you are going to have to renew the temporary import as it is for one year. To know the details of eligibility, import regulations and other information, contact the Embassy of Bulgaria.
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Like other EU countries, Bulgaria also demands some particular documentation prior to allowing you to import a vehicle. The documents are as follows:
- Registration and ownership proof.
- Valid visa.
- Bulgarian national driver’s license.
- International policy of insurance.
Duties and taxes.
The amount of the taxes and the duties on imported vehicles depends on the specifications, the age and the country of origin. If the car is imported from a country part of the EU it’s not going to have import taxes. However, if it’s not, then the import duties can get up to 17% or more of the fair market value of your car.
The standard VAT is 20% and it is calculated by determining the value of the goods. Insurance costs and the import duty can also be due. Additionally, excise taxes may also be calculated if so is determined by the authorities of Bulgaria after inspection. The diplomats are allowed to import one vehicle free of taxes and duties.
Requirements for shipping.
Make sure to confirm that your shipping agent is properly familiar with the requirements for international shipping. The documentation has to be submitted to the Customs and Border Protection Agency at least 72 hours before the exportation of the vehicle. Generally, it is advisable for you to allow more time before that in case of glitches.
Make sure that your vehicle is eligible for international shipping. If there is a lien against the car you must make sure to get the written approval of the lienholder to ship it outside of the USA. The laws that govern eligibility are compiled within the U.S. Code of Federal Regulations. You are going to need to present copies of driver’s license, passport, and proof of ownership for the Bulgarian Customs. For further information regarding the taxes you can visit the Bulgarian Customs for vehicle specifications.
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