Despite its small size, Bulgaria has a lot to offer. Situated in Southeast Europe, the country’s strongly contrasting continental and Mediterranean climates mean it isn’t short of breathtaking countryside, mountains primed for winter sports and glorious beaches. The low cost of living and friendly locals (who are very welcoming of foreigners) are also worth shouting about.
Following years of political instability and low productivity, Bulgaria’s economy has displayed steady annual growth, and it has now become a popular location for outsourced business. Multinationals like Boeing, BMW and Siemens are all outsourcing to small programming firms in Bulgaria!
Bulgaria has typically dominated in industries such as metallurgy engineering, machine manufacturing, chemicals and land and agriculture. (And you’ll be spoilt for choice if you’re looking for a highly qualified, yet cheap, workforce in these areas.) However, in recent years, the focus has shifted towards industries like energy, tourism, transportation, IT, food, pharmaceuticals, and textiles. Many of these fields are keen for foreign expertise, providing international companies with an excellent opportunity for expansion.