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| Home » Why Bulgaria » Reasons to Invest |
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THE BULGARIAN PROPERTY RENAISSANCE:
Almost everyday in the Media, almost every week well-attended seminars and exhibitions for would-be investors in foreign properties all round the UK... And the interest is growing by the day!
Well, what's up?
The latest property hot-spot which is attracting thousands of ordinary British investors is Bulgaria. Why investing in Bulgarian Properties?
• Bulgaria is a member of NATO since 2004
• Bulgaria is due to enter the EU in 2007
• Economic Stability
• Strong Growth
• Free movement of capital
• No restrictions on after-tax repatriation of profits
• Agreements on mutual protection and promotion of foreign investment
• Three and a half hours’ flying time from UK airports
• Opportunity to buy land through a company registered in Bulgaria with up to 100% foreign ownership
• Bulgarian government has put in place proposals to relax non-national property ownership laws, enabling foreigners to buy land and property quickly and easily.
• Tourism industry has grown rapidly in last couple of years
• Tourism & property investments & developments are among government priority areas
• house prices have risen dramatically in last two years
Now the world is discovering Bulgaria - a country of amazingly contrasting landscapes, ancient traditions reflecting its rich cultural heritage, an excellent climate - neither too hot, nor too cold - and the allurement of an incredibly low cost of living. And only a three-hour air flight from London.
Under such circumstances, Bulgaria has become more than a popular tourist destination. It is now THE CHOICE of many ordinary British people for their first home-abroad investment.
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