Officials ... - Bulgaria Offers Russian Property Investors Safe Haven | Nice Places in Bulgaria. Bulgaria Guide.
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10/10/08

Officials ... - Bulgaria Offers Russian Property Investors Safe Haven

Bulgaria offers Russian property investors safe haven -officials ... Bulgaria will continue to be a safe haven for Russian property investors despite the global financial ... Bulgaria Guide · Sofia Guide · Business Guide ... Climate conditions, short distance from permanent residence and agreeable prices in comparison to other EU destinations compel them to build on their coastal activities and seek opportunities in the mainland.The critical mass buys a vacation house for 100 000 to 200 000 euro. Russian investments made up for 39 percent of the grand total and 45 percent of the property acquisitions in particular. A three-year business visa follows at the end of the first year, allowing the Russian investor to spend more time developing businesses in Bulgaria as well as the rest the EU. Any unauthorised reproduction or use of these materials is strictly forbidden.

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