Curious about the pros and cons of living and working in Bulgaria?
Living and working in Bulgaria may not be an appealing idea for many foreigners. However, if you are interested in any of these, then this guide can be a great source for you. As of 2021, Bulgaria is the second-poorest country in Europe, bypassing Greece.
Below, you are going to find some pros and cons about living and working in Bulgaria as an expat. First, we are going to cover the positive aspects and then we are going to discuss the negative aspects.
It is worth noting that Bulgaria is the oldest country in Europe, which was under the command of the Ottoman Empire for many years. Although the community managed to protect its texture, the country’s texture was highly affected by the Ottoman Empire.
Positive Aspects of Living and Working in Bulgaria
In this section, we are going to discuss the benefits of living or working in Bulgaria. Of course, the country offers some advantages, especially for expats. Since the country is the second poorest country in Europe, you can easily enjoy a high living standard with a limited budget in your hometown.
Cost of Living in Bulgaria
You can enjoy a perfect dinner or stay in the best hotels just for a few euros. The country has some of the most affordable prices compared to the European Union. On average, the prices are half of the average prices in the Union.
The property prices skyrocketed after Bulgaria joined the European Union. However, due to the low demand, these prices returned to normal. Of course, some real estates are still expensive in the capital city Sophia. However, they are still relatively cheap for many United States and European Union citizens.
People with a low but fixed income in their own countries can enjoy a luxurious lifestyle in Bulgaria. If you are planning to save some money while enjoying your life, Bulgaria can be a brilliant choice.
Authentic Cultural Experience in Bulgaria
Bulgaria’s culture mainly harmonized with Ottoman and Turkish culture, but they still managed to preserve their national identity. It is safe to say that you are going to witness a culture that is completely stranger to Europeans or Americans.
You may have a culture shock, but we believe you are going to overcome it easily and quickly. Although it is not a Mediterranean country, you can feel the similarities between both cultures, since they were ruled by the Ottoman Empire for more than 500 years.
Fixed and Flat Tax Rates in Bulgaria
Bulgaria has a simple tax policy. The tax rates are fixed to 10% in both corporate and personal tax rates. If you are running a business and planning to save money by cutting your taxes, Bulgaria may be a great option for you.
In general, people who have internet-based businesses prefer Bulgaria to pay less tax. You will not have to worry about additional costs while running your business.
Quality Education in Bulgaria
If you have children and are planning to move or work in Bulgaria, then you should not worry about their education. Of course, unless you prefer the international and private schools. You can find plenty of alternatives in Sophia.
All these private schools encourage language learning in multicultural classes. Most of the children of expats usually prefer the same schools, so you will not have to worry about finding the perfect one for your children.
The public schools in Bulgaria are completely free. The schools also provide free textbooks for the students.
Hospitable Locals in Bulgaria
Bulgarian people have similar characteristics to the Turks. This means that you are going to enjoy the worldly famous Turkish hospitality of Turkish people. Most of the locals are quite welcoming and friendly to foreigners.
Negative Aspects of Living and Working in Bulgaria
Just like all countries, Bulgaria also has some negative aspects, which you should consider before moving to the country. In this section, we have listed the most prominent ones that you may want to know.
Public Schools Do Not Offer Quality Education
Although public schools are completely free, they are underfunded. They lack equipment and available equipment is generally outdated. The schools are full of old teachers who are not fluent in English either. Most of the new teachers are hired by private schools. Public schools are a general problem across the country.
You May Not Earn a Lot by Working in Bulgaria
The salary in Bulgaria is relatively low compared to the European Union. Thus, expats who are planning to work in Bulgari should be aware that they may not be able to make a lot of money. The average salary in Bulgaria is around €650.
If you have an additional income in your hometown, you can easily enjoy a high living standard in Bulgaria. However, relying on a single source of income in Bulgaria may not be a good idea.
You Need to Learn Bulgarian
Unfortunately, the vast majority of Bulgarians cannot speak English. It is mainly because of their poor education system in public schools. If you are planning to get a job in Bulgaria, you should also speak Bulgarian. Otherwise, it will be quite challenging for you to find a decent job.