Bulgaria

Bulgaria is situated in Southeastern Europe. It takes the eastern part of the Balkan peninsula. It borders Romania to the north; Serbia and Northern Macedonia to the west; Greece to the south; Turkey to Southwest and the Black Sea to the east.

Language: Bulgarians write in Cyrillic. It is different than the Latin alphabet and that significantly impedes the comprehension of information by foreigners.

Currency: Bulgarian lev (BGN). The lev has a fixed exchange rate to the euro; 1 euro = 1.95583 leva.

EU citizens do not need a visa in order to enter and leave the territory of Bulgaria with an identity card or passport for up to three months. When they meet the conditions arising from the EU legislation, they may also reside in the Republic of Bulgaria for a period of up to five years or permanently, for which a certificate is issued.

Di you know?

• Bulgaria is in the Top 10 countries with the fastest internet speed in the world
• It's among the Top 3 countries in Europe with the richest cultural and historical heritige
• There are 54 universities and colleges in Bulgaria
• The country has one of the lowest taxes in Europe:
  * 0% corporate tax for investments in regions with high unemployment
  * 10% corporate tax on profit
  * 10% income tax for individuals
  * 20% VAT

Why is Bulgaria a good place for investments?

• Strategic location in Europe, a crossroad of 5 Pan-European transport corridors
• Legislation, which is harmonized with the European legislation, it provides security to the companies and their clients
• QUalified employees, who can communicate on different languages
• Political and economical stability
• The most competitive business expenses in the EU
• Fiscal discipline
• Well-developed industrial zones
• Fast internet with coverage everywhere

Economic profile on the topic "Business Opportunities In Bulgaria"

Presentation video for the advantages of investing in Bulgaria: