Invest in Bulgaria!

Invest in Bulgaria!


Political and business stability

  • Bulgaria is a member of the European Union, NATO and WTO
  • The stability of the currency is supported by the currency board, pegging the Bulgarian lev to the euro at the exchange level of 1.96
  • Bulgaria has one of the lowest government debts in the European Union (18.9 % of GDP) and one of the lowest budget deficits (-1.5%) as of 2013

Low cost of doing business

  • Bulgaria has the most favorable tax regime in Europe. Corporate income tax rate is 10%, the lowest in the EU. Personal income tax is 10 %, flat rate. Industries located in high-unemployment areas are granted 0% corporate profit tax rate
  • High incentives, investor class ratings and corporate tax breaks for investment is municipalities with high unemployment levels (with unemployment 25% higher then the national average)
  • There is a 2-year VAT exemption for imports of equipment for investment projects over €5 million, creating at least 50 jobs
  • Depreciation time for office and new manufacturing equipment is 2 years
  • 5% withholding tax on dividends and liquidation quotas (0% for EU tax residents)
  • Bulgaria has one of the most competitive costs of labor in Central and Eastern Europe
  • Low construction materials cost
  • Favorable office rents and low cost of utilities. Bulgarian cost of electricity for industrial users is 70% of the European average
  • Access to EU funding and grants under the EEA
  • Favorable investment legislation

Strategic location

  • Located at the heart of the Balkans, Bulgaria is a strategic logistics hub. Ease of transportation of cargo is provided by Five Pan-European corridors ( IV, VII, VII, XI, X), which pass through the country. Transport program TRACECA, which connects Europe with Caucasian and Central Asian region
  • Four major airports: Sofia, Plovdiv, Burgas and Varna
  • Two main seaports: Varna and Burgas
  • Numerous river ports at the Danube River

Access to markets

  • Due to its location Bulgaria provides direct access to the following key markets:
  • European Union – zero tariff market with population of 500 million
  • CIS – still not well penetrated market with a high potential
  • Turkey – zero tariff market of near 80 million population
  • Middle East – a market with high purchasing power
  • North African market

Human resources

  • Work force is very well educated, highly skilled and multilingual
  • 62.2 % of the total population is in working age (appr. 4.6 million)
  • 60 000 students annually graduate from 51 universities
  • q98% of the high school students study a foreign language (usually English) and 73% study a second language (mainly German, French, Spanish, Russian)

 Investment Opportunities

  • Working in the field of Investment and Realty Projects is one of our main activities which we have successfully implemented in collaboration with Developers and Investors, alongside part of our Clients’ Network across Bulgaria and abroad.
  • The Projects and Realty deals we have closed are mainly Large-Scale which require tailor-made Business plans and unique solution for achieving successful implementation.
  • We pride ourselves with the trust, gained among Clients, Investors and Business Partners. This credit of trust is one of the main reasons Fox Estate Bulgaria is a trustworthy Business and holds a top Market position as Business Brokerage Group.
  • We are very resourceful in finding investment projects in Bulgaria with profit potential. The target sectors where we possess vast knowledge and local experience are:
  • Real Estate Investment
  • Resort Management and Tourism
  • Business Process Outsourcing
  • Agriculture Production
  • Infrastructure Projects
  • Production and Manufacturing
  • Healthcare

We currently have selected projects with short to medium term potential and robust return:

  • Prime vacation home developments at the Black Sea coast and renowned SPA resorts
  • Investment in healthcare, recreational and sports facilities
  • Operating hotels and restaurant businesses in Sofia and Plovdiv
  • Cogeneration Projects
  • Yielding Residential, Office and Commercial developments in Sofia and Plovdiv
  •  Yielding Logistic Facilities at Sofia airport logistic hub and Plovdiv’s industrial zones
  • Production and Manufacturing businesses (textile, food, rose oil and biodiesel production)
  • Fresh water fish farming

We are very much looking forward to discussing with you our investment portfolio and your specific investment interests in Bulgaria.