The real estate sector accounted for 33% of all foreign investment in Bulgaria this year, Stoyan Stalev, director of the Invest Bulgaria Agency, has told the Macedonian economic website 'Total'. Dutch citizens invested more in Bulgarian real estate than any other foreign nationals. The British and Austrians were in second and third place.

The real estate sector accounted for 33% of all foreign investment in Bulgaria this year, Stoyan Stalev, director of the Invest Bulgaria Agency, has told the Macedonian economic website 'Total'. Dutch citizens invested more in Bulgarian real estate than any other foreign nationals. The British and Austrians were in second and third place.

Foreign citizens invested a total of EUR 2.9 bn in Bulgaria in the period January-September 2006, 20% of which was targeted at production. Stalev had suggested as a result that reinvestment of profits from production should be free of taxes, the Bulgaria in EU Press Center reported.

For more Bulgarian news from the Bulgaria in EU Press Center, go to www.eunews.bg/