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LATEST OFFERS |
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Agricultural/Industrial with Buildings ;
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1,000,000 Euro;
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district of Pazardzhik
more info |
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house ;
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27,000 GBP SOLD;
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district of Montana
more info |
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house ;
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16,000 GBP SOLD;
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district of Montana
more info |
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Building Plot ;
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30 Euro per M;
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district of Sofia
more info |
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villa ;
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39,000 GBP;
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district of Pazardzhik
more info |
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Building Plot ;
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1,000,000 Euro;
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Greece
more info |
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Apartment ;
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30,000 GBP;
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district of Bourgas
more info |
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Advertise here
15 L / 12 months |
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ABOUT BULGARIA |
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General info
Why invest in Bulgaria |
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Why invest in Bulgaria |
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• Strategic geographic location
• Highly-skilled, multilingual workforce at Europe's most competitive wages
• Stable and predictable business and political environment
• EU membership on January 1, 2007 gives access to markets of over 560 million consumers
• The lowest operational costs and tax rates in a European market economy
• Industrial goods traded duty free between Bulgaria and the EU, EFTA, CEFTA and Turkey
• Excellent climate, natural scenery, food and hospitality
• Flat corporate income tax rate of 15% (2006 expected rate: 12%)
• VAT exemption on equipment imports for investment projects over Eur 5 million
• Annual depreciation rate of 30% for machinery & equipment, 50% for new equipment used in entirely new investment or expansion and 50% for software and hardware
• Acquisition of land and property through Bulgarian registered company with 100% foreign ownership
• Administrative services through InvestBulgaria Agency
• 55 treaties for avoidance of double taxation
• 52 agreements on mutual protection and promotion of foreign investment
• NATO membership – March 2004
• Institutional support for major foreign investments projects
• Robust legal framework focused on attracting and protecting foreign investment
• Low regulatory obstacles and start-up costs
• Significant reduction in bureaucracy
• Adoption of International Accounting Standards (IAS)
• Bulgaria is among the leading investment destinations in Europe.
• In 2004, the country has attracted 7% of the total DFI in Central and East Europe and has positive perspectives for the future.
Bulgaria 2006-2010
• Bulgaria will become a member of the European Union in 2007;
• EU budget for 2007-2013 (adopted on 16 December 2005) foresees ˆ11.1bn for Bulgaria (1.29% of the EU budget) for the 7 year period;
• Budget of ˆ4,5 bnis allocated to Bulgaria for the period 2007 -2009;
• It is expected Bulgaria to change its national currency with euro in 2010;
• Wages in Bulgaria will increase some 6% in next 5 years, reaching USD1.49 per hour in 2010;
• Bulgaria is a perfect starting point for 125 million consumers from Balkan marketwith its strategic location, stable economy, low expenditures and possibility for free trade, high skilled labor force and relatively low operational costs;
• Stability and predictability |
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