The Benefits Of Investing In Bulgaria

Bulgaria is a country located in the southeastern part of Europe. To the north, it borders Romania, on the western side, it borders Macedonia and Serbia whereas to the south, it borders Turkey and Greece, and to the east, the country borders the Black Sea. Bulgaria covers an area of 110,994 square kilometers making it the 14-largest country in Europe. Its sheer beauty attracts many visitors and many of them choosing to buy properties in Bulgaria and settle permanently. Actually, over 50,000 Britons live in Bulgaria permanently and with the ever-growing population and migration, Bulgaria offers a great investment market. Politics in Bulgaria Bulgaria runs through a parliamentary democracy system further subdivided into three branches namely executive, legislative, and judicial. An Independent Central Election Commission that consists of representatives from all major political parties supervises the elections. That notwithstanding, Bulgaria, as many other nations, faces political and administrative challenges. However, many people see Bulgaria as a beautiful country run very badly. For instance, in the year 2013, Bulgaria residents participated in protests all over the country citing democratic system failure, low living standards, and high costs of utilities and as result, the government resigned. Property Market in Bulgaria Investors seeking …

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