3 ms·
1. Opportunities are often global, and location doesn't matter as much if you can sell something via the internet. 2. One big advantage of Bulgaria which is of
by charlesdm 9y ago
1. Opportunities are often global, and location doesn't matter as much if you can sell something via the internet.
2. One big advantage of Bulgaria which is often overlooked, if you do make it: the corporate tax rate is 10%. Meaning you get to keep most of your profits.
> Most of the rich make money through corruption and criminal activities
Is this the case? Could you give an example?
- vminkov 9y agoGeneralizing it as "most" is definitely not a sign of a realist's view. Most of them reap profits from low wages and the open EU market. Others get oversized government contracts funded by EU funds and a large part of them do it with corruption. Finally there are some but not that many "no-go" markets which are a special interest of the local and Russian oligarchs and their lobbying kills the competition. Romania did a relatively good job in their judicial reform, but Bulgaria lags behind a lot on that.