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.
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
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