Buying land in Bulgaria will be more difficult for foreigners from outside the EU
Foreigners from countries that are not members of the European Union will be able to buy Bulgarian land, but through a procedure more complicated than that for EU citizens. This is envisaged in changes to the constitution, the second reading of which was approved by Parliament yesterday, February 16. Only four MPs voted against and two abstained. The third and final reading will be tomorrow. At that stage of the parliamentary procedure, voting will be by roll call, meaning each MP will vote individually.
Citizens of EU member states will be able to buy land in Bulgaria without any limitations. But foreigners from other countries will be able to buy land on where this is an international agreement, and such agreements will be subject to approval by two thirds of MPs. A special law on land will be put to Parliament by 2007. It will include a provision that land will not be sold if it is within a certain range of state borders, or if it is a part of cultural or historical sites, along with some other limitations.