Bulgaria’s government is preparing to introduce a progressive property tax for owners of two or more residences in the upcoming budget. Deputy Prime Minister Atanas Pekanov announced the plan to journalists ahead of an economic analysis conference. The proposed tax aims to address wealth inequality and potentially generate additional revenue for the state. Details regarding the tax rates and specific thresholds for implementation are yet to be finalized. Pekanov indicated the measure is under consideration as part of broader fiscal policy adjustments. The move signals a potential shift in Bulgaria’s approach to property taxation, moving away from a flat rate system. Further discussion and legislative approval will be required before the tax becomes effective.