Why should You Invest in Bulgaria?
Bulgaria is one of the oldest countries in the European Union (EU), famous for black sea beaches, ski resorts, hot springs, Bulgarian yogurt, and many more. It is one of the finest countries to live in amongst others in the EU. You can party on the sunny beach while doing business in the same country.
Bulgaria is not only one of the best countries to stay in but also the best to invest and do business. The country’s economy is developing at a high pace, as it is providing a business-friendly environment. Bulgaria also has a well-educated local workforce that can indulge in building the business. As a result, the country is attracting investors through the Bulgarian citizenship alternative investment program.
If you compare Bulgaria to other countries in the EU, you will find it is one of the most business-friendly economies with cost-effective environments. Bulgaria has a qualified and cost-effective workforce and low production and rent costs. Who would not want to invest in such a country where you can do the sightseeing along with leveraging these business benefits.
However, many people in India still wonder why they should invest in Bulgaria? We have prepared a detailed list of reasons to answer this.
A Competitive Tax Structure
Corporate tax is one of the significant factors in choosing a country for investment. Bulgaria’s corporate tax is the second lowest in the EU, which is 10%. The country has a competitive tax structure system in the continent. When Bulgaria’s tax structure is compared to neighbouring countries, it is much lower than others in central and eastern Europe. Thus, you can save taxes while investing in Bulgaria.
A Stable Currency
As you know, Bulgaria is a part of the European Union; the country does not use Euro as its currency. Bulgaria has its currency which is called lev. It is believed to be one of the most reliable currencies due to its performance against the US dollar in the past half of a decade. Therefore, investors do not have to worry much about the swing of the currency and invest through the citizenship by investment Bulgaria program freely.
Affordable Commercial Space and Energy Costs
Bulgaria is the perfect alternative if you want to expand your business or shift your operations to another jurisdiction. The country offers high-quality real estate at lower prices when compared to the other countries in the EU. Additionally, you can save on your energy bills, as the cost of electricity is much cheaper than the European average. Utilities are the major overhead expenses for the business; this can benefit you.
A Qualified Workforce
Over two-thirds of the students in Bulgaria are studying the English language. More than 100 high schools have curricula in a foreign language. They study business, engineering, and sciences in the language you may need for the business you invest in. You will have a qualified workforce for your business in Bulgaria.
An Advanced Transportation Infrastructure
Bulgaria has one of the most advanced transportation infrastructures thanks to investment in this area. The country has five international airports and 230 railway stations. They have many industrial zones and logistics centres. Thus, business people or investors like you can benefit from this massive infrastructure. Additionally, the country has many river ports and seaports. Exporters can have a significant advantage here. The country’s transportation infrastructure is a developed one when compared to neighbouring countries.
Geographical Benefit
Last but not the least. Bulgaria is naturally gifted by its geographical location. It allows the country to serve Europe, Russia, North Africa, and the Middle East. Thus, business people from Bulgaria can grab many opportunities for enhancing their businesses on an international level along with the massive infrastructure they enjoy in the country.
Conclusion
Undoubtedly, it is the best country to stay in, as well as invest and do business. Bulgaria is also one of the few countries left in the EU offering direct citizenship by investment. The EU has stopped many countries from giving the passport to the EU through investment. Hence, if you have any plans of investing in any country in the EU, you must take the help of an immigration lawyer in India and apply for Bulgaria citizenship by investment program.
Bulgaria is not only one of the best countries to stay in but also the best to invest and do business. The country’s economy is developing at a high pace, as it is providing a business-friendly environment. Bulgaria also has a well-educated local workforce that can indulge in building the business. As a result, the country is attracting investors through the Bulgarian citizenship alternative investment program.
If you compare Bulgaria to other countries in the EU, you will find it is one of the most business-friendly economies with cost-effective environments. Bulgaria has a qualified and cost-effective workforce and low production and rent costs. Who would not want to invest in such a country where you can do the sightseeing along with leveraging these business benefits.
However, many people in India still wonder why they should invest in Bulgaria? We have prepared a detailed list of reasons to answer this.
A Competitive Tax Structure
Corporate tax is one of the significant factors in choosing a country for investment. Bulgaria’s corporate tax is the second lowest in the EU, which is 10%. The country has a competitive tax structure system in the continent. When Bulgaria’s tax structure is compared to neighbouring countries, it is much lower than others in central and eastern Europe. Thus, you can save taxes while investing in Bulgaria.
A Stable Currency
As you know, Bulgaria is a part of the European Union; the country does not use Euro as its currency. Bulgaria has its currency which is called lev. It is believed to be one of the most reliable currencies due to its performance against the US dollar in the past half of a decade. Therefore, investors do not have to worry much about the swing of the currency and invest through the citizenship by investment Bulgaria program freely.
Affordable Commercial Space and Energy Costs
Bulgaria is the perfect alternative if you want to expand your business or shift your operations to another jurisdiction. The country offers high-quality real estate at lower prices when compared to the other countries in the EU. Additionally, you can save on your energy bills, as the cost of electricity is much cheaper than the European average. Utilities are the major overhead expenses for the business; this can benefit you.
A Qualified Workforce
Over two-thirds of the students in Bulgaria are studying the English language. More than 100 high schools have curricula in a foreign language. They study business, engineering, and sciences in the language you may need for the business you invest in. You will have a qualified workforce for your business in Bulgaria.
An Advanced Transportation Infrastructure
Bulgaria has one of the most advanced transportation infrastructures thanks to investment in this area. The country has five international airports and 230 railway stations. They have many industrial zones and logistics centres. Thus, business people or investors like you can benefit from this massive infrastructure. Additionally, the country has many river ports and seaports. Exporters can have a significant advantage here. The country’s transportation infrastructure is a developed one when compared to neighbouring countries.
Geographical Benefit
Last but not the least. Bulgaria is naturally gifted by its geographical location. It allows the country to serve Europe, Russia, North Africa, and the Middle East. Thus, business people from Bulgaria can grab many opportunities for enhancing their businesses on an international level along with the massive infrastructure they enjoy in the country.
Conclusion
Undoubtedly, it is the best country to stay in, as well as invest and do business. Bulgaria is also one of the few countries left in the EU offering direct citizenship by investment. The EU has stopped many countries from giving the passport to the EU through investment. Hence, if you have any plans of investing in any country in the EU, you must take the help of an immigration lawyer in India and apply for Bulgaria citizenship by investment program.
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