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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.

Advantages of living in Bulgaria:

  • pleasant climate and four seasons,
  • beautiful sea beaches,
  • breathtaking nature and preserved traditions,
  • peaceful lifestyle,
  • friendly people,
  • low prices,
  • stable economy and low taxes,
  • various opportunities and forms of unemployment.


Economic profile on the topic "Business Opportunities In Bulgaria"

Interesting facts about Bulgaria:

  • Bulgaria is one of the oldest European countries, established in 681, which has never changed its name.
  • The flag of Bulgaria consists of three colors: white, green and red. White is the symbol of courage, red - of fertility, and green of youth.
  • The Alexander Nevski cathedral in Sofia is the oldest Orthodox church in the world.
  • The first woman in the world to participate in a military flight is Bulgaria's Raina Kasabova.
  • The highest peak on the Balkan Peninsula is Mount Musala, which rises 2925 meters above sea level.
  • Bulgaria produces up to 85% of the world's rose oil. Roses grown in the Rose Valley of Bulgaria (Kazanlak) are a major ingredient in the perfume production.
  • The first electronic computer was developed by John Atanasov, who is of Bulgarian origin.
  • Bulgarian yogurt is the best in the world thanks to the unique bacterium Lactobacillus bulgaricus, which is found only in Bulgaria.
  • Since 1977 a Bulgarian folk song has been traveling in space and has been playing alongside the great works of Bach and Mozart.
  • Although not one of the most famous producers, Bulgaria is the second largest exporter of bottled wine in the world (after France) and has four times the number of Cabernet Sauvignon plantations in comparison to California.
  • The first digital wristwatch in the world was developed by the Bulgarian Peter Petrov.
  • Bulgarians were the first people to use the Cyrillic alphabet, right after its establishment in the 9th century.
  • After Bulgaria's accession to the European Union on 1 January 2007, Cyrillic becomes the third official alphabet in Europe.
  • Bulgarian Dan Kolov is the first fighter in the world with 1500 wins and only 2 lost matches.
  • Plovdiv is the oldest populated city in Europe.
  • The Bulgarian army is the only force in the world that has never lost even one flag in combat, although it has actively participated in all the major wars in Europe.
  • The first air bomb in military history was created by the Bulgarian Armed Forces during the First Balkan War and was used on October 16, 1912 by Lieutenants Radul Milkov and Prodan Tarakchiev.

Presentation video for the advantages of investing in Bulgaria: