Thinking about Bulgaria? some ideas on how to make money

  Рет қаралды 713

Look East

Look East

Күн бұрын

Thinking about a move, some suggestions based on some experience here, its possible but not mega easy

Пікірлер: 29
@moetocafe
@moetocafe 7 күн бұрын
Thank you for your covering and perspective on my country, it's really interesting to reflect on life from a foreigner's point of view
@Stefan_trekkie
@Stefan_trekkie 7 күн бұрын
Computer programmers is huge profession in BG, for a good money.
@marjaramage478
@marjaramage478 16 күн бұрын
Really appreciate your content. I am planning on an extended visit in the Autumn to assess Bulgaria initially as a second home and possibly working towards making it my permanent residence. I love campers and was thinking about buying a used one along with a vehicle in the UK and then heading for Bulgaria. Have been talking to a lady who has reinvented herself in Bulgaria who might let me rent space on her property while I scout around and check out where I want to be. One of the things I thought about was doing a “take-out” restaurant on wheels. Don’t know if Bulgarians and Ex Pats would go for Mexican food but that is a big hit here in the US as well as the food truck restaurant business. Also, along the craft line, I am a knitter/spinner and here in the states and in certain parts of Europe quality yarn is a big seller. I noticed that there are about 18 native sheep breeds in Bulgaria and some of them are on the endangered species. Assuming their wool had potential for spinning there could be a market for such exotic fiber. Won’t know any of this til I get there and check it out. Got to first learn the alphabet and enough Bulgarian to get by. I tell you, you are one shrewd cookie. It is very generous of you to be so forthcoming with ideas and information. If I was a little younger that vineyard sounds fantastic. Know nothing about making wine commercially. What was the name of the place where the vineyard is located if you don’t mind sharing. Thanks again.
@nickob55
@nickob55 15 күн бұрын
A few years back there were grants available for silk spinning revival and there is a deserted silk village near Iviylovgrad and has mulberry trees dotted around, the vineyard is on a site called property .bg click properties and search by keyword and its there Pavlkeni, you can sell the grapes you don't need to make the wine.
@marjaramage478
@marjaramage478 15 күн бұрын
This is so exciting. However, what I am discovering through my research, in order for an ex pat to buy a house or land, I need to open up an LLC in Bulgaria before I acquire. I almost bid on a property on eBay before my research told me that you might buy a house but would come to find out you don’t own the land. Don’t want to put the cart before the horse and must exercise due diligence as best I can. I am going to try to apply for this thing called a “long stay” visa which would give me time to take care of the legalities once I get there. My head is spinning with excitement. Also, I have been reading about this thing called Schengen (forgive the spelling) that is due to happen in 2025 whereby Bulgaria and Romania will become full members of the EU. I imagine that will spur a lot more growth for Bulgaria making it easier to drive from one country to another and not requiring a visa for each. You know it is quite curious to me that Bulgaria from what I understand is the oldest country in Europe and yet I have this sense that it might experience a kind of rebirth not unlike what it was like in the US for pioneers. I just hope that Bulgaria protects itself from exploitation from the investors who want to bring it up to speed. Part of my attraction is the homestead like agrarian society. Forgive the ramble. Thanks for the info on the silk village and the winery. I’m chomping at the bit to check both of those prospects out.
@freedomtrail8255
@freedomtrail8255 16 күн бұрын
Like the integrity of your channel
@adamgriffiths9989
@adamgriffiths9989 10 күн бұрын
Thanks for the free business tips! I'm hopefully coming to look at some houses this year. How essential would speaking Bulgarian play into these businesses? Do you think you log splitting would work, if you couldn't chat to all the older Bulgarians who can't speak English? What about buying a property and using a barn on the land as and air b+b or holiday let? Cheers Adam
@CaldonianDude
@CaldonianDude 4 күн бұрын
I would rent for a year first. You'll get a better feel for the place, learn a bit of the lingo, and build up a bit of a network once you find an area you like... (not been to Bulgaria, but based on over 20 years visiting in and living in South East Asia). BTW if you have a house in UK, why not rent it out, and use that to fund your life in Bulgaria? With regards work, try and do something remotely if you can...
@TheOffgridNomadUK
@TheOffgridNomadUK 15 күн бұрын
Love the vineyard idea iam moving to bg this year and looking for campsite iam retireing just looking for a fun project to keep me busy
@TheOffgridNomadUK
@TheOffgridNomadUK 15 күн бұрын
@@nickob55 we are going to rent a place and go shopping got 2x houses to buy for my kids aswell so hopefully find 3 properties close together. Won't be cashing out crypto for a while will be next year got plans in place found a great crypto accountant in bg that's going to be working with my wife on her company she's setting up
@udififkfkfck
@udififkfkfck 14 күн бұрын
Why dont you do in BG whatever you did in UK work for BG or foreign company or car mechanic or find your own business.
@bettyb.7971
@bettyb.7971 Күн бұрын
What do you think about holistic therapies business in BG?
@sitrepSNAFU
@sitrepSNAFU 16 күн бұрын
The population is in decline in Bulgaria, I think it's going to decline by a further 20% in the next 3 decades. The good news about this for people wishing to make it a home is the property prices should remain pretty stable, the nature will be preserved (it's already just like I remember the UK in the 60's.) And it won't be overcrowded like western Europe. I am looking forward to retiring there in about 5 years time.
@borisnegrarosa9113
@borisnegrarosa9113 10 күн бұрын
Population did decline but is now recovering. You see more Bulgarians returning after years abroad because they have attractive college degrees and work experience. Bulgaria will develop in the coming years.
@sitrepSNAFU
@sitrepSNAFU 10 күн бұрын
@@borisnegrarosa9113 latest figures on this is a drop of 60,000 in 2024, unless I'm missing something? Also there's nothing on population increase noted anywhere? Can you point out some references please?
@borisnegrarosa9113
@borisnegrarosa9113 10 күн бұрын
@@sitrepSNAFU Idk where you are but I live in Bulgaria and know many Bulgarians who lived abroad and chose to return. No point looking at current figures if you don't compare them with the past.
@sitrepSNAFU
@sitrepSNAFU 10 күн бұрын
@@borisnegrarosa9113 I think you missed my figures for 2024? 60,000 people less this year already. You need actual evidence, I mean I have been to Bulgaria twice already this year looking at properties all over and there's no sign of villages repopulating at all. The property agents all tell me the same thing, it's a declining population. I think I'll stick to their expertise and the published data. But thanks.
@borisnegrarosa9113
@borisnegrarosa9113 10 күн бұрын
@@sitrepSNAFU No need to ride on high horses now. Who said villages are prospering? I'm speaking of Bulgaria as a whole. Tell me which villages anywhere in Europe that are actually growing. Makes more sense to compare figures of 2004, 2014 and 2024. But I leave it there.
@damiandavid662
@damiandavid662 16 күн бұрын
Good content, what part of Bulgaria would you recommend for a hoilday in August/September
@nickob55
@nickob55 15 күн бұрын
I would say do a roadtrip or otherwise a 3 center holiday Sofa/Plovdiv/Varna by bus/train
@HopkinChris
@HopkinChris 15 күн бұрын
Hi just come across your channel what region are you living in sounds quite good.
@nickob55
@nickob55 15 күн бұрын
central balkans central Bulgaria
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