Bulgaria is a quiet and largely rural country in south eastern Europe with a population of only around 7 million people. Its mountains, beaches and old fashioned rural tranquility offer a glimpse of Europe which has long since disappeared under the noise of traffic and concrete in western Europe. Now that Bulgaria has joined the EU interest in the coutry has considerably increased. Which is evident by the number of international companies locating in Bulgaria.
How do we travel to Bulgaria?
Direct international flights are available to the capital, Sofia, all year round. Direct charter flights to the Black Sea (Varna/Burgas) are available during the spring and summer months. Check out
www.skyscanner.net and
www.balkanholidays.co.uk
What's the weather like in Bulgaria?
Bulgaria has long been a summer tourist destination, as well as offering popular winter resorts. Generally summers are longer and warmer (and more reliable) whilst the winters are shorter but can be more severe. The Black Sea coast is less cold in the winter and rarely sees snow. For 5 months (May - September) average temperatures are 25 degrees Celsius and often above in the peak summer period.
What is the cost of living in Bulgaria?
The cost of living in Bulgaria is about the lowest in Europe.
Red wine 1.00 GBP per bottle.
Zagorka Beer 0.40 GBP.
Domestic cigarettes are 0.80 GBP per packet.
A local taxi journey costs about 1.00 GBP.
Dinner for two 7.00 GBP.
Are there any restrictions for foreigners?
The Bulgarian Act on Foreign Investment allows foreigners to buy buildings but not land. This historic restriction is one of the reasons why property prices are so competitive compared to western Europe. However, there is a loophole in the law which involves setting up a company that owns the property. This is now the most common method by which UK citizens invest in Bulgarian property. We can organise the entire process from start to finish, together with all aspects of conveyancing. The law is expected to change within the short to medium term as Bulgaria opens its doors fully
Do we need a visa to travel to Bulgaria and how long can we stay?
For further information please contact the Bulgarian Embassy in London on 0207 584 9400 or check www.bulgarianembassy.org.uk. The British Embassy in Bulgaria also provides information at www.british-embassy.bg.