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Bulgaria joined the European Union in 2007
Put the small country on the investors’ map
Bulgaria is a popular destination for foreign investors
Unemployment is dropping every year and salaries are growing shyly
Prices are among the lowest in Europe whereas
The returns are big enough as to be taken into consideration
Bulgaria is an emerging market at the present
Slow but secure price growth
Bulgaria is a post-communist country, so its inhabitants are constantly looking for better places to live and the demand outstrips the supply.
Bulgaria was appearing on British TV programmes like A Place in the Sun sharing the country’s beauty and low property prices with millions
Liberal foreign investment laws
Limited currency risk (BGN is fixed to the EURO under a stable currency board)
Foreigner can legally own property through appropriate legislative schemes
The lowest operating cost in a European market economy
GDP is projected to grow by 5% on average per year in the medium term
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Corruption has always made the country take a step back on its way to developing and becoming highly competitive
The government was at other times criticized for levels of corruption in both healthcare and education
Bulgaria’s population of only 7 million puts it in a weaker position than Romania for example that has 22 million inhabitants.
The land prices in Bulgaria are considered to high by investors that become reluctant to buy it under these circumstances
The problem with Bulgaria’s nuclear waste is also something that should be taken into consideration since it’s causing the country a lot of discomfort. For more than 10 years now, the old fuel has piled up in temporary storage on the site of the Kozloduy plant, where there is no safe place for long-term storage of radioactive waste
Other annalists say that the main problem of Bulgaria’s labour market was the lack of qualified employees rather than unemployment, European Integration Minister Meglena Kouneva said.
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