I agree that public transportation leaves a lot to be desired, however roads in Sofia are actually not that bad. The bigger problem is traffic congestion. It ma

I agree that public transportation leaves a lot to be desired, however roads in Sofia are actually not that bad. The bigger problem is traffic congestion. It makes it impractical to commute to the other side of the city for work (e.g. ~1hr in each direction) and hence severely limits employment opportunities in case you live in your own house. With respect to taxation, I wouldn't say it is easy to avoid. It surely is for those that are close to the governing class, but not for the average Joe/Company. Quite the contrary. If you consider doing business in Bulgaria, I would advice against keeping your capital and intellectual property in a Bulgarian corporation. Everything that makes > EUR ~1M revenue/year shows up on the radar and then you either have to play on their rules (e.g. sponsor a political party, give them a share of your company at their terms) or you will be chased down by the huge government repressive apparatus (tax authorities etc).