Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

334 Bulgarians have bank accounts abroad to the tune of over EUR 1 million each

Photo: EPA/BGNES

At the end of 2017 a total of 334 Bulgarians had bank accounts in foreign countries and offshore zones to the tune of over EUR 1 million each. The National Revenue Agency started to check these accounts. However, this institution underlines that the existence of such accounts is not unlawful and does not mean that these wealthy people are hiding taxes or other illicit activities. According to the National Revenue Agency, the inspection has started long ago and is not connected with the operation of Bulgaria’s Prosecution and the Bulgarian services to trace the accounts and the properties of high-standing officials. The National Revenue Agency can check the bank accounts and the companies of Bulgarian citizens in 114 countries under the Convention of Mutual Administrative Assistance in Tax Matters.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Red heat alert issued for 12 Bulgarian districts, orange code alert in effect for the rest of the country

On Saturday, it will be sunny and even hotter. In the afternoon, clouds will form over the mountainous regions of Western Bulgaria, and by the evening, also in the northwestern areas. Isolated thunderstorms and rain showers are expected in some..

published on 7/25/25 6:25 PM

President: Pogrom on the Constitution will continue to distort political life

The flaws in the Constitution, admitted by the government of the GERB-SDS and PP-DB coalition with the support of the DPS in 2023, were not removed by the Constitutional Court. That is how President Rumen Radev commented on the fact that yesterday the..

published on 7/25/25 5:46 PM

Bulgaria is the most affected country by fires in the EU for 2024-2025

The most affected country by fires for 2024-2025 in the European Union is Bulgaria, the Ministry of Environment and Water has reported. Over the past two years, this country has reported an alarming trend: 38,000 sq. m. have been affected by fires and..

published on 7/25/25 5:13 PM