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Q: Can foreigners own real estate in Bulgaria?
A: According to the Bulgarian Constitution, foreign individual persons can buy buildings but not land. Therefore the most common method for foreigners buying property in Bulgaria is to set up a company which then owns the land and the buildings.
Q: Can you help me with setting up a company?
A: We can organize the entire process of establishing a company from start to finish.
Q: What is the quality of construction in Bulgaria?
A: Recently, the quality of construction has increased significantly.
Q: How long does buying a property in Bulgaria take?
A: Usually it takes 2-4 weeks to buy a property in Bulgaria depending on the type of property you buy.
Q: Are Bulgarian properties easy to rent out once purchased?
A: It depends on the location and attractiveness of your particular property. The most popular regions at present are those at the seaside or in the mountains.
Q: What is the local feeling towards foreigners owning property?
A: The Bulgarians are warm and friendly people in spite of difficulties in their life. Bulgarian people are very tolerant - there is no hostility between different nationalities, religions or cultures. The Bulgarians are happy to see people bringing wealth and foreign investment to their community.
Q: Is Bulgaria a member of the European Union?
A: Yes, it is. Bulgaria joined the EU on 01 January 2007.
Q: Is Bulgaria a member of NATO?
A: Yes, it is.
Q: Is the Bulgarian currency stable?
A: Yes, the Bulgarian lev is tied to Euro. The exchange rate is 1,95583 leva for 1 Euro.
Q: What is the official religion in Bulgaria?
A: 90 % of the Bulgarians are Greek Orthodox, 8 % - moderate Muslims.
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