Can foreigners own property and land in Bulgaria?

According to the Bulgarian Constitution, Non-Bulgarian nationals cannot own land in the country directly but they are allowed to own buildings in Bulgaria. Therefore a legal loophole in the law allows foreigners to establish a company in Bulgaria which can then buy the land and the buildings.

Do I need a visa to travel to Bulgaria?

At the moment EU citizens do not require a visa in order to stay in Bulgaria for a period not exceeding of 90 days in any 6 months. Any more than that and you need to apply for a Long-term visa ?type D? from any Bulgarian embassy. After accession of Bulgaria to the EU holders of valid ordinary passports from EU will not need visa to enter and travel to Bulgaria.

How long does buying a property in Bulgaria takes?

Usually it takes 2-4 weeks to buy a property in Bulgaria depending on the type of property you buy.

How much is the cost of living in Bulgaria?

Bulgaria has one of the lowest costs of living in Europe (150 Euro/month per person) and the quality of life in Bulgaria good. A meal made from healthy and organically pure products in a bulgarian restaurant costs an average of between EUR 5-10.

Why Bulgaria?

The country is blessed with natural resources, booming property market and fast growing economy - is it any wonder at choosing Bulgaria for investment in any other country at the moment?