Do you know about - Why invest in Bulgaria
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Why invest in Bulgaria Video Clips. Duration : 2.73 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Interest Rates Today . Bloomstart Ltd. presents to you the following facts about Bulgaria: A sustainable growth, a stable political and economic environment combines for the overall attractiveness of Bulgaria: EU and NATO membership, high GDP growth, low corporate tax and a stable political situation. (10%) Decreasing interest rate trend: legal and financial sectors in Bulgaria are becoming more established, offering improving mortgage vehicles, a stable purchasing structure: • Current mortgage interest rates of 6-8% provided by local banks (DSK, Piraeus, First Investment Bank, UBB, etc.....) • alternative real estate financing on the rise (leasing scheme) Increased foreign direct and indirect investment in Bulgaria: • FDI stands for 9.7% of the Bulgaria GDP in 2005 (Austria, Greece, Germany) • FDI inflow forecast at 3 billion EUR for 2006 (2.4 billion in 2005) Foreign direct and indirect investment in Bulgaria is determined by: • the full EU and NATO membership • growing economy with currency tied to EURO • the government continuing to stimulate private investment through a tax cut -- corporate tax were reduced to 15% in 2005 and has been lowered to 10 % since the 1st of January • expanding tourist industry: o net revenue from tourism in 2005: 1 billion (+12% compared toBSR_General_Brochure0003_copy.jpg 2004) o tourism stands for 12% of the Bulgarian GDP o 43% tourist increases between 2002 and 2006 o 36% British tourists between 2004 and 2005: 1.2 million British tourists expected to choose ...
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