Bulgaria in Schengen: what will the business gain

When Bulgaria finally enters the Schengen zone, which will hopefully become a reality in the future, this will have its impact on the local business. What will the companies obtain from the membership in the free-travel Schengen area? From a practical point of view, the lack of borders will make easier the transport of goods and will alleviate the travel. The Bulgarian tour operators and travel companies will be in the position to offer various combined trips. With Bulgaria being member of the Schengen agreement zone, travelers from other countries will be more eager to visit the resorts of Bulgaria. This is especially valid for travelers from Asia.

The country could also benefit from being a transit state and the predictions are that there will be two min travel destination lines from Greece and Turkey to the countries in Western Europe and from the countries in Schengen zone that are traveling to the resorts of Greece, Turkey and hopefully, the cheaper Bulgarian resorts. In general, the membership in the passport-free Schengen zone will create additional conditions for the development of a common economic zone in the area. This includes integration of the value added taxes, which will further lead to more serious interdependence of the businesses in the area. Moreover, the companies will have the freedom to choose where to situated their service centers and their activities. These will be areas with reasonable office rental prices and highly-trained professionals.