There's not another place like it anywhere else. From its sandy beaches to its stunning
mountains, Bulgaria is blessed with more than its fair share of natural resources.
Beautiful in nature, unique historically, rich culturally, and hot economically, Bulgaria
has quickly became one of the most exciting investment locations in Europe today.
There has never been a better time for investing in Bulgaria. Given the current economic
realities of Europe, the Bulgarian investment value proposition is indeed hard to match!
The dynamics of the process of economic and society change that is taking place now
in Bulgaria is unprecedented in history and is as promising as it has never been before.
From an investment standpoint Bulgaria offers opportunities that are hard to find in
other places. The economy is stable and growing, investment costs are one of the
lowest in Europe, the labor force is skilled and educated, corporate taxes are the lowest
in Europe, and the government is making resolute steps to attract foreign companies.
Why investing in Bulgaria makes excellent sense:
- European Union and Nato Member.
Bulgaria is a full member of NATO and is due to join the European Union in 2007.
The country has already closed all of the negotiation chapters and its entry in 2007
is guaranteed by the EU institutions. Very interesting is the pre-EU membership
discount on asset prices that businesses still enjoy in Bulgaria.
- Undervalued Assets.
Compared to western European standards - Bulgaria is cheap. Investors can still
find some outstanding values on the market and opportunities are plentiful. Come
and discover.
- Low Taxes.
Bulgaria is making a considerable effort to offer the lowest corporate taxes in
Europe. Corporate tax rate in 2005 will go down to 15% and is already 0% in areas
of high unemployment.
- Strong Economic Growth.
In its annual 2002 report, the European Commission assessed Bulgaria as a fully
functional market economy, with a high degree of macroeconomic stability and
working market mechanisms.
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 for the last 7 years.
The expected economical growth (GDP per capital) is about 5 percent per year. The
state owned section of the Bulgarian economy is about 20 percent.
With many local and foreign investments, the financial system is stable and banks
are expanding their landing.
- 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, which represent a total population of
853 million.
- Quality of Life.
Bulgaria and its capital Sofia offer a cosmopolitan quality of life that is regarded as
among the highest in Europe.
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
countrys rich and unspoilt flora and fauna. As a result, todays 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 seven or eight Euros.
- Political Stability
With its parliamentary republican political system, the political situation in Bulgaria
is stable and the legislature, the executive and the judiciary are independent of the
parliament.
As of 2007, Bulgaria is expected to be part of EU and has harmonized its legal
system in line with the EU requirements. In April 2004, the country became member
of NATO.
Thank you for visiting us and do contact us should you need assistance with your
Bulgarian Investment Projects. We will go the extra mile for our customers and will do
anything that we can to turn our client's ideas into success stories.
