Real Estate may be acquired by all natural people who are in possession of a valid Passport.
The Bulgarian Cabinet decided on the 2nd of November 2006 that foreigners in Bulgaria will be able to buy and inherit property (land) in the country with a valid Passport.
The Cabinet approved changes to ownership laws, The decision makes Bulgaria's Constitution and the ownership regulations listed there compatible with European norms on the free movement of capital.
Foreigners would be able to acquire Bulgarian agriculture and forest plots starting from January the 1st of 2007. Changes to the Constitution will result in changes in four other regulations. These focus on protected territories, ownership and use of agriculture plots, forestry regulations and regulations for restoring ownership over agriculture and forest plots.