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Bulgaria produces over 7,000 IT graduates annually from highly-regarded universities, including Sofia University and the Technical University of Sofia.
Average salaries for software developers in Bulgaria range from $30,000 to $75,000 annually, significantly lower than in many Western European countries.
Bulgaria ranks high in global IT competitions and has a strong presence in competitive programming, underscoring the technical proficiency of its workforce. The Emerging Europe report states that the Bulgarian IT market employs around 108,600 ICT specialists.
The tech sector in Bulgaria has been growing at a rate of about 10% per year, hosting over 400 IT companies and numerous R&D centers for global tech giants.
As an EU member state, Bulgaria offers streamlined access to European markets, with consistent business laws and regulations that align with EU standards.
Bulgaria's strategic location at the crossroads of Europe and Asia makes it an ideal hub for companies aiming to expand their reach across both continents. Its proximity to major European capitals, combined with excellent infrastructure, supports efficient logistics and connectivity for tech companies operating internationally.