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 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..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
The Governing Council of the Bulgarian National Bank (BNB) has ordered banks in the country to apply a minimum set of 6 indicators for monitoring credit standards when granting and renegotiating loans secured by residential real estate . The aim is to..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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