Bulgaria attracts foreign investors with its safety, stability, low taxes and skilled workforce

According to the Bulgarian Investment Agency, foreign investors seeking a reliable way to invest their money in real estate or manufacturing are increasingly choosing Bulgaria. Specialists at the Bulgaria Avenue agency have looked into what drives this investor interest, and would now like to share the most common answers with you.

• Despite certain problems in its economy and social sphere, Bulgaria has a fairly stable internal situation. There are no pronounced conflicts within the government or attempts to pass unpopular laws. Ongoing efforts are being made to eliminate corruption and achieve transparency across all sectors of the economy.
• The country consistently participates in European projects, wins grants and receives funding from the European Union. This is an additional tool for controlling corruption and a means for effective development.
• In its aspiration to become a full member of the Schengen Agreement and the eurozone, the Bulgarian government is working to bring its legislation and key economic parameters into line with the requirements of the European Union and various European organisations.
• Any country with a coastline will always attract the attention of tourists, travellers and holidaymakers. Bulgaria is no exception. It is profitable to invest money and buy real estate in Sveti Vlas, Burgas, Nessebar, on Sunny Beach, or in Sozopol and Chernomorets. Complexes and villas in Tsarevo and Ahtopol are undervalued. People want to holiday by the sea and are willing to pay for their rest even in times of crisis. To avoid problems and not lose your investment, it is enough to diversify. For example, in response to the coronavirus crisis, businesspeople began developing rural tourism, buying villas and fitting them out for comfortable holidays.
• A good climate is another reason why investors choose Bulgaria. Mountains, sea and forests create a mild microclimate that is comfortable for living. There is no severe cold in winter, and summer is pleasantly warm. The country is excellent for tourism and for growing vegetables and fruit.
• Real estate in Bulgaria is not that expensive and meets modern European standards. Construction uses high-quality materials and the latest technologies. The construction business is private, and in a highly competitive environment companies are forced to find optimal solutions for erecting buildings and the best balance of price and quality.
• The food here is tasty and healthy. Residents prefer to buy fruit, vegetables, meat and dairy products from local producers. In small shops you can find produce from well-known farms. Vegetable kiosks often source their vegetables only from specific villages. Transparency and the opportunity to choose the most delicious and healthy products help to maintain good health and confidence in life.
• Back at the end of the last century, fairly high educational standards were established in Bulgaria. Thanks to this, the country today has many highly qualified specialists, including engineers, builders and teachers. Investors planning to open production facilities in Bulgaria can choose  professionals who are true experts in their field. These specialists are open to further training and self-development.
• Bulgaria is a safe country. You can walk around the city late in the evening or at night, call a taxi, and speak with strangers. It is unlikely that anyone will want to cause you physical harm or rob you. If you leave behind a wallet, phone or bag, it will most likely be returned to you. It is worth asking at nearby shops or centres. This safety attracts not only investors but also tourists. 

A huge number of reasons bring investors to Bulgaria, thanks to its reliable investment climate and the opportunities the country opens up for business. Bulgaria Avenue is a reliable partner for businesses in the search for and purchase of real estate in Bulgaria. We offer apartments, studios, houses, as well as industrial and commercial properties. Get in touch with us by phone, email or messenger, and we will help you choose the best property options for business or leisure.