Bulgaria is a multicultural, diversified country that is well situated for both working inside Europe and traveling there. Bulgaria brags of a mild temperature and a prime position in Southeast Europe.
Why you should relocate to Bulgaria
Bulgaria is often referred to as “the cheapest nation in Europe” due to the low cost of products and services. There are a lot of reasons to relocate here besides cost-effectiveness:
Amiable neighbors
Bulgarians are talented self-made individuals. For those who live in rural regions, this is much more obvious. A person may learn new talents by living in a community. Neighbors do take care of one another and are always willing to provide a hand. There are social clubs in several villages and towns where people may engage in folk singing and dance. There are many opportunities to meet and converse at cafes and pubs.
Affordable rural homes
There are several rural properties available, and they range in price from 15,000 to 30,000 euros depending on the area, size, and condition. They often include nearby acreage. With a little effort, a family might quickly become self-sufficient in fruits and vegetables. If you drive a vehicle, getting to larger cities for healthcare, education, and shopping is often fast and simple. Bulgaria’s cost of living is much lower than that of the rest of Europe. An ordinary family of three people would spend around 700 euros each month, or 8,400 euros, in a calendar year.
Reduced tax rates
Bulgaria’s 10% corporate tax rate is among the lowest in all of Europe. This contrasts with Germany’s 15% and the UK’s 19%. Additionally, taxes on wages and salaries remain steady at 10%, favoring higher incomes. In contrast, top incomes in the UK are subject to higher tax rates. Bulgarian property owners also benefit from cheaper local municipal taxes than those in other European nations.
Easily accessible seaside and ski resorts
Bulgaria’s economy relies on tourism. From June to September, most people prefer the Black Sea coast; from December to March, Bansko and Borovets ski resorts. 4- and 5-star resorts offer cheap all-inclusive service. Bulgaria’s hotel business offers good value and welcomes guests from Central and Eastern Europe. Popular seaside villages like Sozopol provide swimming, sunbathing, and historic sites. Traditional cafes with sea views are accessible via the cobblestone route. s.
Quick internet access
One of the most competitive broadband markets is Bulgaria. A1 and Vivacom are the two major national players. There are also other regional companies. With coverage in the majority of towns and cities, the fiber-optic network is continually expanding. Mobile networks that support 4G and 5G may be useful in rural locations. The use of cutting-edge technology by suppliers enables quick download and upload speeds. Netflix and other streaming services are accessible in Bulgaria.
Numerous chances to stay in shape with sports and spa treatments
Europe’s spa capital is Bulgaria. In the nation, there are up to 225 mineral and thermal springs. Those springs’ water is renowned for having health-improving qualities. The most well-liked activities include paragliding, river rafting, and mountain climbing. The majority of Bulgarian towns and cities offer facilities for both indoor and outdoor sports including football, tennis, swimming, and athletics.
Low unemployment is a magnet for foreign investment
Due to Bulgaria’s membership in the EU, there is no restriction on the free flow of people, products, and services. This, together with Bulgaria’s cheaper cost of doing business, attracts numerous entrepreneurs. Young adults with advanced degrees in engineering or IT are also employed by businesses. The capital city of Sofia, as well as other regional hubs like Varna, Bourgas, Plovdiv, Pleven, and Veliko Tarnovo, both have an abundance of employment opportunities. Seasonal employment is also available in the tourist and agricultural sectors.
A thriving area for animals
The mountains and rivers of Bulgaria still have a lot of natural habitats. Numerous indigenous animal and bird species may still be spotted wandering the streets and soaring over Bulgaria. The mountains of Rila, Pirin, and Rodophi are often home to brown bears, wolves, and wild boars. Migratory birds are drawn to Bulgaria by its mild summers. In communities, nesting storks are a frequent sight.