Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
The biggest foreign investors in the Bulgarian economy are from the European Union, according to a statement made by the Minister of Economy Emil Karanikolov.
Foreign direct investment in the country for the period January - March 2018 amounted to EUR 179.1 million. For the same period in 2017 these foreign investments in the country amounted to EUR 950.1 million.
the ten countries with the largest direct investments in Bulgaria in 2017 are primarily from the European Union and there is no country with a preferential tax regime. The largest net direct investment in the country in January - December 2017 is from the Netherlands (EUR 875.7 million), Switzerland (126.6 million euros) and Germany (94 million euros), Karanikolov stressed.
The share of investments in jurisdictions with preferential tax regime in Bulgaria in 2017 is insignificant and has no impact on the development of the country's economy, Karanikolov stressed.
In recent years, we have seen the recovery of foreign direct investment levels to levels prior to the start of the global economic and financial crisis of 2008, the minister said. In confirmation of the data, we consider a significant increase in interest in Bulgaria as an investment destination, especially in manufacturing and business services with high added value, he added.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022