Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate abroad. Their number is smaller than the the number of properties as some have declared that they have more than one.
For a year, the number of people who filed declarations for owning real estate abroad has increased by nearly 70%. Among the new destinations preferred for buying real estate are the Isle of Man, Mexico, Slovakia, and Slovenia. There are also exotic locations such as the Caribbean island of Aruba, the Antilles and the British Virgin Islands, as well as Egypt, Panama, Indonesia and Ethiopia. Most of the real estates owned by Bulgarians abroad are in Greece - 3,152, followed by Spain - 321, Germany - 228 and more than 100 in the UK.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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