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Investing in Bulgaria
There are many reasons why you should invest in Bulgaria:
Popular Tourist Destination
- Bulgaria is just a short fight from most destinations in Europe
- The "Washington Post" recently voted Bulgaria to be the Number 4 tourist destination in the world
- Bulgaria is ideal for summer vacations, boasting several summer resorts
- Winters are perfect for skiers, as the mountain ranges receive guaranteed snowfall each year
- Bulgaria has a rich and interesting historical culture
- There are over 1600 water mineral springs for you to enjoy
- When it comes to value for your vacation, Bulgaria has prices that can't be beat
- In 2003, Bulgaria saw a 43% increase in tourists from the UK
- From 2002 - 2004, Bulgaria had an annual increase in tourists of 22%
Thriving Property Investment Market
- Each year there is an increase in demand for top quality accommodation for tourists
- Bulgaria still maintains the lowest real estate prices in Europe
- Bulgarians who are living abroad are driving up the demand for real estate by buying property
- Bulgaria is currently at the top of the list when it comes to real estate investment funds in Europe
- The city of Sofia has a strong annual corporate letting market
- In the last year there has been a 25% increase in price growth.
Economic Stability
- Bulgaria has an ideal geographic location within Europe
- There is a high degree of economic and political stability in the country
- Bulgaria became a member of NATO in 2004
- Bulgaria joined the European Union on January 1st, 2007
- The corporate tax profit as of January 1st, 2007 is 15%
- Bulgaria's labour force is very competitive when compared to other countries in Europe
- Bulgaria maintains a 4.7% - 4.9% GDP growth each year
- There is full foreign investment in Bulgaria on a national level
- The workforce in Bulgaria is fluent in English, encouraging industry with English speaking countries.
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