Bulgaria is situated in Southeastern Europe. It takes the eastern part of the Balkan peninsula. It borders Romania to the north; Serbia and Northern Macedonia to the west; Greece to the south and Turkey to Southwest. The waters of the Black Sea wash the coasts of Bulgaria to the east.
General information:
Surface area: 110 993,6 m2
Population: 7 000 039 (2018)
Official language: Bulgarian
Romanian and EU citizens do not need a visa. They can enter and leave the territory of Bulgaria with an identity card or passport for up to three months. When they meet the conditions arising from the EU legislation, they may also reside in the Republic of Bulgaria for a period of up to five years or permanently, for which a certificate is issued.
„Advantages“ of living in Bulgaria include: pleasant climate, sea beaches, breathtaking nature, peaceful lifestyle, friendly people, who are welcoming to foreigners, low prices, stable economy and increasing employment opportunities.
Relatively, Bulgaria has the lowest consumer prices for goods and services among EU Member States according to Eurostat data for 2018, with the highest being food costs. On the other hand, prices for cultural events, overnight stays in hotels and transportation are among the lowest in Europe.
The larger part of the population of up to 50 years of age speaks English well, but communicating in a foreign language in the state institutions is difficult. The alphabet in Bulgaria is called the Cyrillic and is very different than the Latin alphabet, which significantly impedes the understanding of the information. The official currency in Bulgaria is the lev, which has a fixed exchange rate with the Euro - 1 Euro = 1.95583 BGN
For many foreigners, the lifestyle in Bulgaria is extremely attractive. Beach holidays in the summer, skiing in the winter, golfing and hiking are all leisure activities you can always enjoy while in the country.
Bulgaria provides many new job opportunities for foreigners. The main traditional industries, offering jobs in Bulgaria, are in the fields of metallurgy, mechanical engineering, chemical industry and agriculture. Energy, tourism, transport, information technology, food, pharmaceuticals and textile industries have been developing in recent years. Most job offerings are in these sectors.
Bulgaria is becoming a popular country where manufacturing and services (so-called “business outsourcing”) can be exported. Due to its political stability, stable banking system, cheap but skilled workforce and low taxes, multinational companies such as Boeing, BMW, Siemens and Nortel are already outsourcing to small businesses in Bulgaria.
The average gross monthly salary in Bulgaria in December of 2019 is 1300 BGN (665 euro), with the highest being in the IT&C sector - 3248 BGN (1660 euro), followed by the energy sector - 2161 BGN (1105 euro) and the financial sector - 2155 BGN (1102 euro). The highest salaries are in the capital Sofia, while the lowest are in Blagoevgrad. In the Bulgarian-Romanian cross-border region, the lowest average salary is in Vidin - 805 BGN (410 euro), while the highest is in Ruse - 1 031 BGN (527 euro).
Approximately 86% of the entire manufacturing industry and 75% of the employed people in the country are concentrated in 20 of the biggest cities, with Sofia being the leader. The spots after the capital are taken by Plovdiv, Burgas, Varna, Ruse and Stara Zagora.
You can find more information about the living and working conditions in Bulgaria.
Interesting facts about Bulgaria:
Copyright © 2020 VISA