The plots in Bulgaria are attractive for investment for many reasons:
the price is under the middle European prices for lands
Liberal foreign investment laws;
Improving bank mortgage system;
Stable political and economic environment;
Excellent return on investment (ROI);
Limited currency risk (BGN is fixed to the EURO under a stable currency board);
Significant foreign investment in real estate; Foreigner can legally own property through appropriate legislative schemes;
Opportunity to buy land through a company registered in Bulgaria with up to 100% foreign ownership;
Cost of living is the lowest in Europe;
Beautiful beach and ski resort areas set to expand rapidly in the short term;
Historical old towns;
Healthy and growing open market economy;
Stable democracy;
EU membership expected in 2007;
Highly-skilled, English-speaking work force at competitive cost;
The most stable and predictable business and political environment in South-East Europe;
NATO membership since 29 March 2004;
The lowest operating cost in a European market economy;
Industrial goods traded duty free between Bulgaria and the EU, EFTA, CEFTA and Turkey - a market of about 510 million citizens;
Excellent climate, natural scenery, food and hospitality; GDP is projected to grow by 5% on average per year in the medium term;
The EU countries generated about 70% of that investment stock. Top investors in Bulgaria have been Germany, Greece, Italy, Belgium, Austria, USA, the UK, the Netherlands, Russia, etc;
Corporate tax rate 15% in 2005 and 0% in areas of high unemployment;
VAT exemption of equipment imports for investment projects over 5 million;
Annual depreciation rate of 30% for machinery & equipment and 50% for software and hardware;
Smooth, speeded up administrative service;
Infrastructure subsidy for investment projects over 50 million;
55 treaties for avoidance of double taxation;
52 agreements on mutual protection and promotion of foreign investment;
This is probably the best moment for clear investments in Bulgaria.
Agricultural plots can easy be changed for industrial and commercial aims.
Good level of infrastructure
State support for agricultural land development