Why invest in Bulgaria?

 

EU and NATO Member

 

Bulgaria is a full member of NATO and entered the EU in 2007. The Bulgarian economy is working under currency board (1 Bulgarian Lev=1.95583 Euro), which provides for a stable and predictable macro economic environment. Careful fiscal discipline and strong foreign investment has provided for sustained economic growth. With many local and foreign investments, the financial system is stable and banks are expanding their landing.

 

Taxes in Bulgaria

 

Bulgaria is making a considerable effort to offer the lowest corporate taxes in Europe. Corporate tax rate in 2007 went down to 10%. Today in 2012 the Corporate tax is the same 10%. Corporate tax is 0% in areas of high unemployment. Income tax rate is 10% or lower. Tax on dividends is 5%.

 

Cost of Assets in Bulgaria

 

Compared with other European countries, Bulgaria is still very cheap. There are still some excellent bargains to be had when looking for property here. Each year the prices are going up and right now is the perfect time for investors to put their money in brick and mortar and in a few years when the Euro is fully accepted here, the property prices are said to look to more than double in price. Making it a good return on your investment. The price of renovation work is also really cheap so whether you decide to renovate your house and get a larger market when selling or to just keep hold of the house and flip it when prices increase. You are set to make a good profit.

 

Cost of Doing Business in Bulgaria

 

Bulgaria offers foreign investors some of the world's most competitive business costs. Real estate investment has produced a plentiful supply of modern offices at very competitive costs. Corporate taxes and labour costs are quite low for European standards. Privatization and deregulation are creating sophisticated public utility and telecommunications industries.

 

Bulgarian Workforce

 

Bulgaria's working-age population consists of around 4.8 million highly educated and skilled men (52 percent) and women (48 percent). The literacy rate in Bulgaria is 93 percent. A high percentage of the work force has completed some form of secondary, technical, or vocational education. Many Bulgarians have strong backgrounds in engineering, medicine, economics and the sciences. The aptitude of workers and the relative low cost of labour are considerable incentives for foreign companies to invest in Bulgaria.

 

Education in Bulgaria

 

Bulgaria has a traditionally strong education system. Children go to school from the age of 7 ands stay on till 18 years old. There are over forty Higher Education institutions in Bulgaria offering degrees at the undergraduate and graduate level. There are nursery schools available from the age of 2 years old and this gives children a relaxed atmosphere to learn the language when coming to live here. There are also schools which teach 100% in English for the English speaking students.

 

Foreign Investment in Bulgaria

 

Foreign investment in Bulgaria has never been so dynamic and so massive. During recent years, a significant number of international companies have opened offices in Bulgaria. As a result of a liberal financial policy and continuous economic growth, Bulgaria has become very attractive to foreign investments.

 

Strategic Location

 

Bulgaria has a very strategic geographic location. Its position on the European continent allows investors to reach the entire market of the European Union and the markets of central and eastern Europe.

 

Diversity of Life

 

First time visitors to Bulgaria are often surprised by the diversity and stunning natural beauty. 

For years a real effort has been made in order to preserve the country’s rich and unspoilt flora and fauna. As a result, today’s Bulgaria is ecologically one of the purest countries in Europe, with exceptionally clear air and water resources. There are 7 national parks, more than 3000 protected natural sites and 17 bio-spherical reserves (the greatest recorded number in Europe). There are also 419 protected animal species and 63 protected types of plant.

Not only is the quality of life in Bulgaria good, but the cost of living is one of the lowest in Europe. A meal for two, made from organically pure products and including a bottle of nice wine will not cost you more than ten Euros. Bulgaria and its capital Sofia offer a quality of life that is regarded as among the highest in Europe.

 

Cost of living in Bulgaria

 

More details can be found here >>>>>