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Why Bulgaria?

Why purchasing a real estate in Bulgaria could be a good idea?

Purchasing a real estate in Bulgaria is an excellent investment for a variety of reasons:

  1. The prices of real estates in Bulgaria are very low. They are several times lower than the prices of analogous projects in EU member-states.  
  2. Bulgaria is a perspective and actively developing country which joined the EU in 2007. There is no need to explain that the EU membership is an incredible advantage in terms of investing in real estates in Bulgaria. There is a great demand for real estates in Bulgaria by nationals of Russia, the Ukraine, Poland, England and Ireland. It is always profitable to invest in a dynamic, active market and that is what the real estate market in Bulgaria is right now.
  3. An owner of a real estate in Bulgaria has an opportunity for long-term residence or permanent residence in the respective EU member-state. Thus, he/ she is guaranteed the same rights that Bulgarian citizens have which is impossible in the other European countries in practice!

Persons who are granted temporary residence shall be entitled to:

  • Entering and stay in the country without being issued a visa for the entire duration of their temporary residence term;
  • Carry out business activity by their own companies;
  • Tuition-paid education in secondary schools and universities in Bulgaria;
  • To be provided with free-of-charge healthcare like Bulgarian citizens;
  • Pension insurance;
  • Inviting foreign persons to visit Bulgaria;
  • Obtaining bank loans;
  • Being issued visas for the countries which are parties to the Schengen Agreement

Persons who are granted permanent residence shall be entitled to:

  • Entering and permanent stay in the country without being issued a visa;
  • Carry out business activity by their own companies or wage labour;
  • Education on an equal footing like Bulgarian citizens;
  • To be provided with free-of-charge healthcare like Bulgarian citizens;
  • Pension insurance;
  • Inviting foreign persons to visit Bulgaria;
  • Obtaining bank loans;

Being issued visas for the countries which are parties to the Schengen Agreement without presenting letters of invitation or vouchers. 

The persons who have been granted permanent residence acquire Personal Number and Identity Card of “Card of Foreigner Permanently Residing in the Republic of Bulgaria” type.

Staying in the country under a permanent residence permit for more than 5 years is a ground for acquisition of Bulgarian citizenship.

Anybody may buy a property in Bulgaria. Both a natural and legal person may buy an apartment. It is only a legal person that is entitled to purchase land on the grounds of certificate for incorporation of a company (a single-person limited liability company). The procedure is very simplified and is not expensive.

 
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