Ok so I have introduced you to the company, the reasons why I set up my Business and shown you what we at www.bis-perth.co.uk can offer, now lets compare Bulgaria.
I love Bulgaria as do so many others, 500 000 UK holiday and property buyers visited Bulgaria in 2006.
There has been a dramatic increase in residency applications over the last year and we can all see why. The cost of living the scenery, the beaches, the people and the list goes on. But I think and research has shown that the biggest influence encouraging UK people to make the move is their disillusionment with Britain.
I have found that it is not just high earners who can afford to make the move a lot of working class who have sold their council houses and used the income to purchase in Bulgaria because they can get a lot more for their money.
Is this about to change?
The European Commissioner on Consumers’ Protection Meglena Kuneva said that the liberalizing of markets is necessary, and suppliers will be carefully surveyed
Then a report stated that energy prices may rise by 31% now at the moment this would not seem a lot to us in the UK where we are charged some of the highest rates in Europe, but to the Bulgarians whose average wage for the middle class is 375€ per month, is quite high, however discussions are now in place on income. According to statistics salaries have gone up by 11% but trade unions in Bulgarian are said to be unhappy with this figure and the Podkrepa trade union put forward a 25.4% increase.
The Confederation of Independent Trade Unions in Bulgaria president Zhelyazko Hristov’s claimed that keeping in mind the positive changes in the tax and insurance tariffs we are set to propose a 15% increase in the salaries in the real sector of the economy. We also believe that the negotiations within the separate sectors ought to become a steady trend in Bulgaria. This would in turn contribute to company negotiations and would facilitate the discussions about the minimum income and insurance tariffs.
The Prime Minister Sergei Stanishev pledged the cabinet would update its priorities and would work towards an income increase and that the incomes in the private sector have gone 15% up over the first three months of the year.
Experts tend to explain this fact with the country’s EU membership and the opening of the common European market to Bulgaria, while at the same time the employers have tended to protect their staff. At present a total of 10 EU member states have removed the restrictions to Bulgarian labour, the rest have still partial limitations that are due to be revised.
So it’s all good then?
Definitely!
When compared to the UK.
Reports revealed that first time buyers are being priced out of the property market. Figures show that first time buyers now make up 35% of all home buyers down from 50% at the start of 2007. Figures released from the Council of Mortgage Lenders show that UK buyers have to earn an average salary of £35,000 that’s £10,000 more than the national average wage just to get a foot on the property market ladder. Statistics revealed that typical buyers are being forced to borrow a record 3.37 times their salary compared with a little over double 10 years ago.
Another added burden is two out of three buyers will have to pay Stamp Duty because of Britain’s soaring house prices. The average first time buyer’s house now costs £154,394 and is rising by 10% a year. Many buyers are borrowing loans 5 or 6 times more than their salary. This is staggering and unaffordable and this is another reason I have chosen to invest in Bulgaria.
On my last visit over to invest I stayed in a beautiful Villa with private pool in a small rural village that cost only £300 for a fortnight the cost of the flights for 2 was under £200 and we spent £200, yes that’s all we spent and we had a wonderful holiday, we ate out twice a day, our weekly shop cost us £15 and this included fresh fruit and veg, wine, beer, juice, milk, delicious cheese, ice cream, bread and the list goes on but my favourite has to be the meat, they have the best tasting meat I have ever tried (no added water) you may remember this type of meat, when cooked it stays the same size as uncooked.
I am set to return quite soon to approve building works on my plot, well that’s my excuse, I am looking at the full cost of a Villa holiday including car hire, flights and spending to come to no more than £700 for a two week break, what an amazing bargain Bulgaria is, I just can’t wait to get back.
I love Bulgaria as do so many others, 500 000 UK holiday and property buyers visited Bulgaria in 2006.
There has been a dramatic increase in residency applications over the last year and we can all see why. The cost of living the scenery, the beaches, the people and the list goes on. But I think and research has shown that the biggest influence encouraging UK people to make the move is their disillusionment with Britain.
I have found that it is not just high earners who can afford to make the move a lot of working class who have sold their council houses and used the income to purchase in Bulgaria because they can get a lot more for their money.
Is this about to change?
The European Commissioner on Consumers’ Protection Meglena Kuneva said that the liberalizing of markets is necessary, and suppliers will be carefully surveyed
Then a report stated that energy prices may rise by 31% now at the moment this would not seem a lot to us in the UK where we are charged some of the highest rates in Europe, but to the Bulgarians whose average wage for the middle class is 375€ per month, is quite high, however discussions are now in place on income. According to statistics salaries have gone up by 11% but trade unions in Bulgarian are said to be unhappy with this figure and the Podkrepa trade union put forward a 25.4% increase.
The Confederation of Independent Trade Unions in Bulgaria president Zhelyazko Hristov’s claimed that keeping in mind the positive changes in the tax and insurance tariffs we are set to propose a 15% increase in the salaries in the real sector of the economy. We also believe that the negotiations within the separate sectors ought to become a steady trend in Bulgaria. This would in turn contribute to company negotiations and would facilitate the discussions about the minimum income and insurance tariffs.
The Prime Minister Sergei Stanishev pledged the cabinet would update its priorities and would work towards an income increase and that the incomes in the private sector have gone 15% up over the first three months of the year.
Experts tend to explain this fact with the country’s EU membership and the opening of the common European market to Bulgaria, while at the same time the employers have tended to protect their staff. At present a total of 10 EU member states have removed the restrictions to Bulgarian labour, the rest have still partial limitations that are due to be revised.
So it’s all good then?
Definitely!
When compared to the UK.
Reports revealed that first time buyers are being priced out of the property market. Figures show that first time buyers now make up 35% of all home buyers down from 50% at the start of 2007. Figures released from the Council of Mortgage Lenders show that UK buyers have to earn an average salary of £35,000 that’s £10,000 more than the national average wage just to get a foot on the property market ladder. Statistics revealed that typical buyers are being forced to borrow a record 3.37 times their salary compared with a little over double 10 years ago.
Another added burden is two out of three buyers will have to pay Stamp Duty because of Britain’s soaring house prices. The average first time buyer’s house now costs £154,394 and is rising by 10% a year. Many buyers are borrowing loans 5 or 6 times more than their salary. This is staggering and unaffordable and this is another reason I have chosen to invest in Bulgaria.
On my last visit over to invest I stayed in a beautiful Villa with private pool in a small rural village that cost only £300 for a fortnight the cost of the flights for 2 was under £200 and we spent £200, yes that’s all we spent and we had a wonderful holiday, we ate out twice a day, our weekly shop cost us £15 and this included fresh fruit and veg, wine, beer, juice, milk, delicious cheese, ice cream, bread and the list goes on but my favourite has to be the meat, they have the best tasting meat I have ever tried (no added water) you may remember this type of meat, when cooked it stays the same size as uncooked.
I am set to return quite soon to approve building works on my plot, well that’s my excuse, I am looking at the full cost of a Villa holiday including car hire, flights and spending to come to no more than £700 for a two week break, what an amazing bargain Bulgaria is, I just can’t wait to get back.
or
VISIT US AT www.bis-perth.co.uk
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