Investing in Bulgaria

Hello everyone,

During your expatriation in Bulgaria, you might have been made aware of interesting investment schemes (local or international). Whether one wants to make money grow, protect oneself or prepare for retirement, investment is always an attractive option. It is, however, never free of risk. Would you, therefore, like to share some practical information for other expats and expats to be?

Is the Bulgarian economy open to foreign investment? Do local authorities encourage investment (through formalities, tax etc.)?

What are the promising sectors to invest and do business in Bulgaria?

Who do you turn to for information before investing your money? (organisation, professional, lawyer, consultant)

According to the sectors of activity and the projects, what budget should be foreseen for an investment in Bulgaria?

What do you think are the pitfalls to avoid and what advice would you give someone who wants to invest?

Thanks in advance for your feedback,
Diksha

A string for investing in Bulgaria is a good idea.

1.  Relocating companies to Bg for lower Costs.
2.  Income Real Estate
3.  Purchase of goods, materials and services.
4.  How to maximize VAT refund.
5.  Knowing the laws about Real Estate and the potential for fraud.
6.  Navigating the fragmented Real Estate Agents and their firms.
7.  Investing in Non Bg Stocks and Bonds and protecting your money.



All are excellent strings to start.   I continue to be dismayed by how many expats come to Bg and then cry "Foul" because they did not do their research.   These strings could save someone's heartache.

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