2007-03-27 18:49:15 · 10 answers · asked by Anonymous in Business & Finance ➔ Investing
IT ALL depends on what you are going to invest in.
otherwise it is a great country.
2007-03-27 18:57:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋
From someone who knows Bulgaria very well....myself....I can tell you that if your looking for property then Bulgaria certainly is a great investment.
My credentials? My wife is Bulgarian and I spend alot of time there (going in two days to Plovdiv for a while for Easter). We are always looking to invest in property there as it is like gold at the moment.
Those that say the economy is fragile have not been to Bulgaria, the economy is thriving in Bulgaria. The economy was fragile ten years ago but since 1991 when Bulgaria came out of communism the economy has grown from strength to strength. Part of the accession to the EU was proving the stability of the economy.
Also for those worried about crime, the crime in Bulgaria is nothing compared to the crime in the UK....my credentials on this...my wifes father was the chief of police for one of the cities until he retired.
Overall my opinion is Bulgaria is a great investment, if you are unsure about investing there then why not take a trip and find out how wonderful the country and people are for yourself.
If you want to find out more about Bulgaria I am building a site all about the country http://infobulgariaguide.com
2007-03-27 22:44:59 · answer #2 · answered by Guy M 3 · 0⤊ 1⤋
Bulgaria is a good investment in the long term. Short term may not be as great but still very possible. Lots of cash being spent on housing, roads, water etc from the EU. I recently brought in Bansko and am very pleased. They are so cheap they cant possibly get any lower. What i would say is do your homework, there is alot of cons out there. Get proper legal, tax advise and if you cant afford to complete on the finish of the building dont buy it.
Sean
2007-03-27 22:25:48 · answer #3 · answered by Sean G 1 · 0⤊ 0⤋
Property developers etc. will tell you it is but then again they want to sell you something.
I thought about investing there but I didn't get the right vibes so pulled away.
Ultimately Bulgaria has a fragile economy and any investment there is for sure going to be risky. Don' think it must be safe because it's in EU; think of al those recent Spanish scams.
imho dyor
2007-03-27 19:23:51 · answer #4 · answered by mdw 2 · 0⤊ 0⤋
Probably...
Remember anything you buy you have to be able to sell. Bulgaria's economy outside of investment is quite weak, although as I see it they can only benefit from EU membership.
A word of warning - corruption + rip off merchants. If it sounds to good to be true it probably is.
I always think that investment trusts are the 'best' investments, because they are heavily regulated. by the FSA and its a lot easier to get your money out.
2007-03-28 03:57:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It depends on what you invest in. Eastern European countries have a reputation for corruption, mismanagement and inept government. However, I would look carefully at the data before concurring with the stereotype.
I have invested in Eastern European Mutual Funds for about three years now and have made about 25% returns per annum. Central and Eastern European countries (Poland, Hungary for example) have been notching up 5-7% growth rates since 2000. So look again. I did and I do not regret it.
2007-03-27 21:31:55 · answer #6 · answered by Taharqa 3 · 0⤊ 0⤋
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2015-01-27 11:52:44 · answer #7 · answered by Anonymous · 0⤊ 0⤋
If anywhere in eastern Europe was a good investment why is everybody trying to get in here !!
2007-03-27 19:01:28 · answer #8 · answered by nicemanvery 7 · 0⤊ 0⤋
The malvinas are Argentine....
Because to steal what they does not belong?
On April 2: Day of the Veteran and of the Fallen in the war in Malvinas.
Argentine force!!!...
2007-03-27 19:23:24 · answer #9 · answered by Anonymous · 0⤊ 1⤋
no it is not cos it is an undeveloped country, if you want to invest abroad you should look at cyprus, lovely island raging tourism good weather, if you like email me as i have contacts for cyprus and other islands who deal in property and land
2007-03-27 19:34:43 · answer #10 · answered by Anonymous · 0⤊ 1⤋