Along the Black Sea coast there are 130 km of excellent vast beaches. Only few European countries can be proud of such beautiful nature. With a variety of picturesque sites both in the mountains and by the sea, rich historic heritage and good climate, Bulgaria holds great potential for tourism and relaxation all year round. In fact, this is one of the most significant characteristics of the country’s economy as the biggest share of domestic and foreign investments today is in the tourism industry and real estate. Similarly to Spain several years back, Bulgaria develops very strong capacity in this field and in short future, it will become one of the most attractive places in Europe for recreation and living. Bulgaria is a small country with population of approximately 8 millions. It is a constitutional republic with stable democracy and rapidly growing economy. Main religion is Christian Orthodox. The country joined NATO in 2004 and its accession in the EU is due in 2007. The capital of Bulgaria is Sofia. Other important cities are Varna - main port and centre of tourism, Plovdiv, Bourgas, Russe.