In this report, I share how to Tour Europe Cheaply for 6 Months or More
Accommodations and transportation can easily cost more than $100 per day to tour around Europe. Is there a cheaper way?
In this report, I will share how non-European Citizens can tour around Europe cheaply in a car or van for as long as they want by following the existing Schengen Rules.
I will also share how non-European Citizens can tour around Europe cheaply in a car or van for as long as they want by following the local rules for each country.
I learned about these two ideas from a European lawyer and I will bring him on the above video to explain them to you.
But first, I need to explain a few things before I bring him on.
Rent or Buy a Van: To rent a van in Europe short term, you will spend about 100 to 300 Euros a day. But if you want to tour Europe for months or years you may be able to rent a van for as little as 2500E per month.
At 2500E per month, 3 months would cost you about 7500Euros minimum in rent. Do you really want to throw 7500 Euros out the window? And that is only 3 months.
What would it cost to buy a used van? You will see used vans starting for about 8000 Euros. But you can sell the van when you are done touring Europe.
If you are able to sell the van, wholesale for for 6 or 7 thousand Euros, then buying the van would be cheaper than renting. Assume for a moment you bought a van. How do you stay in Europe for months or years, without violating the 90-day Schengen rules?
Schengen Rules: You can drive all around Europe in the van spending up to 90 days in the Schengen countries. Then visit non-Schengen countries for 90 days, until your Schengen period is reset, then head back to the Schengen countries.
You could move back and forth between Schengen countries and non-Schengen countries every 90 days. You could potentially do this for years without violating the Schengen rules.
In a moment the lawyer will help explain how to avoid the 90-day Schengen limit, but first, I want to talk about accommodations.
Accommodations: Once you have the van, you can stay in any combination of campgrounds, hotels, Airbnb, Hostels, or Bed and Breakfasts.
But there is a cheaper way. You can do what is called stealth camping. Stealth camping is when you park your van on any side street and sleep in the back of the van for the night. In the morning, you just go to a nearby gym to workout, shit, shower, and shave. You can get a premium gym membership at Basic-Fit gym for 30 Euros per month. Then visit any of their 1400 gym locations all over Europe every morning.
Buying and Registering Your Van: Now I will bring on the lawyer who will explain what it costs to title a van when you are not an EU Citizen. He is in the video at the top of this page.
Van Life Europe: Bulgarian Registered Van/Car. Register Van/Car in Bulgaria without address. No residence or address is required to register. You can travel in and around the EU.
This is accomplished by setting up a Bulgarian Company. Then registering the vehicle in the name of the company. You don’t need an address in Bulgaria including Insurance, car check, taxes, everything.
Dimitar will share how non-European Citizens can tour around Europe cheaply in a car or van for as long as they want without necessarily being limited by the 90-day Schengen rules.
The main idea is, that if they can get Bulgarian residency, as Dimitar will explain, they are entitled to stay in the Schengen countries based on each country’s local rules instead of Schengen rules.
In example, the Bulgarian residency card would allow a stay in Italy for 90 days, then France for 90 Days, then Spain for 90 days, all based upon whatever the local rules are on the day of entry, which are often 90 days.
Since there are many Schengen countries, you could keep moving through them, circling through then, indefinitely based on the those local rules without ever paying much attention to the 90-day Schengen requirements.
So Dimtar, my audience is mostly retirees, so please explain what are the requirements to get retirement residency first.
Bulgarian retirement visa/residency requirements. Explains US citizens, but it is basically the same for most countries. He explains in the above video.
Provide a USA Bank Account Printout with $6200 USD and a Clean Criminal Record (FBI Check). Also, a Social Security Letter, Pension Proof, or Disability, Retirement Income
Dimitar provides the rest of the requirements such as a Bulgarian Bank Account, Bulgarian Health Insurance, and a Bulgarian Address. The Government fees are 100 Euros, and the Lawyer Fee are 480 USD
Term: Renew annually, Permanent in 5th year. Renewal Proof: Pension & Local Address. Bulgaria Presence Requirement: 1 or more Day. After 5 years can you get Bulgarian citizenship and passport?
Without Bulgarian Residency, you can stay in the van in the Schengen Area for 90 days, but you can drive to non-Schengen areas and wait for an additional 90 days to reset before re-entering the Schengen zone again since you are traveling on a US passport Schengen Rules.
But if they have the Bulgarian residency and the Bulgarian registered Van/Car, then they would not be bound by the Schengen limitations. The Bulgarian residency may allow them to stay in each country in the EU according to the local rules for Bulgarian residency card holders, so they would not have to leave to reset the Schengen period. So if they picked 4 consecutive EU countries one after the other, that allows 90 days each, they could stay for 90+90+90+90 days or 360 days. This can be repeated under the existing rules today.
Tax Paradise: 1. Bulgaria does not tax pensions. 2. Other forms of income are taxable if income is received in the country* 3. Income is taxed in profits after expenses. 4. So rental property outside Bulgaria is taxed in that country, the source of income is not in Bulgaria. 5. Taxation sourced abroad, pay there not here. 6. Job in Bulgaria taxed in Bulgaria.
Other Bulgarian residencies available Investment Residency in Bulgaria 310k Euros. A representative of a foreign company coming to Bulgaria for business (services, goods, marketing, etc. being marketed in Bulgaria).
There is also Freelance residency, Student Residency, Medical Tourism Residency, and NGO options in Bulgaria.
Please independently verify which of any of these rules are valid for your home country and whether they have been changed since this report was completed.
I have not independently verified any of the information shared by Dimitar so make sure to conduct your own due diligence before making any decisions based upon the information shared by Dimitar.
Here is Dimitar’s email: dimitar@lpc-bg.com