Citizenship by itself is much more complicated than it may sound to many. The difference between citizenship, nationality, origin, etc. may be hard to define, especially in international law. The Bulgarian Constitutional Court about the citizenship of Mr Kiril Petkov Recently, a controversial legal dispute started with regard to the citizenship(s) of Mr Kiril Petkov …
19
Oct
Oct
More and more VD&A clients are receiving positive assessment by the Bulgarian Citizenship Council. This practically means that the Council recommends to the Bulgarian President to issue a decree for the issuance of Bulgarian citizenship of the VD&A’s clients. Investor from the USA, customer of VD&A, is approved for Bulgarian citizenship by investment The success …
Articles, News
What is the benefit of Establishing a Foundation in Bulgaria (including if you are a foreigner)?
10
Sep
Sep
What is a Foundation? The Foundation is a non-profit legal entity and with independent property formed by donations. In Bulgaria, the law allows the founders of a Foundation to be foreigners. The Law on Non-profit Legal Entities in Bulgaria regulates everything concerning the establishment, operation and termination of a foundation. For this purpose, a procedure …
23
Aug
Aug
Bulgarian citizenship by investment has been the hot-ticket for the last 5 years. But the misleading information that has been circulating on the internet is enormous. Bulgarian citizenship – events in Russia, Dubai and Korea VD&A is organizing its annual events in Asia, where the lecturers will be explaining the latest amendments of the Bulgarian …
Articles
Interpretative decision of the Supreme Administrative Court (SAC) for the period required to draw up an act of unfair traders under the Consumer Protection Act (CPA)
21
Aug
Aug
Interpretative decision of the Supreme Administrative Court A long-awaited interpretative decision of the Supreme Administrative Court (SAC) has been issued. According to the decision, if you are a manager of a company, a member of the management body or an appointed procurator and you have failed to publish data on the tax status of the …
Protests not only in Bulgaria but also in Belarus Citizenship by investment – a rescue plan for Belarusian business Immediately after the announcement of the election results in Belarus, the interest in obtaining Bulgarian citizenship increased enormously. Obviously, the unstable political situation in Belarus makes a large part of the country’s citizens look for alternatives …
Articles, News
Why do the latest changes in the Law on Protection of Competition (LPC) bring more security for manufacturers?
10
Jul
Jul
30 days is the deadline during which the buyer (the relevant chain or store) must pay the manufacturer After the latest amendments to the Bulgarian Law on Protection of Competition (LPC), some very important cases for Bulgarian business have been resolved. Among them, the settlement of protection against agreements, decisions and concerted practices applied by …
19
May
May
New wave of scams from Dubai, mainly originating from the JBR area, is striking those who want to get EU citizenship by investment. Two months after the Bulgarian citizenship by investment program was revamped in March 2021, Bulgaria remains de-facto the only EU golden passport option. And as the clients from Malta and Cyprus (Cyprus …
13
Mar
Mar
What everybody was thinking in 2020 was that Bulgaria will cancel its citizenship by investment program. Nothing could be farther from the truth. The Bulgarian parliament passed the new citizenship law and made the investment citizenship program as robust as it can be. The new law is also backed by serious amendments in the foreigners …
17
Jan
Jan
Bulgarian citizenship – more valuable than ever The value of the Bulgarian passport is on its highest point, ever. If you thought that the Bitcoin is the champion in terms of value increase for 2020, think again. The new realms after the Cypriot investment citizenship was cancelled The interest for the citizenship of Bulgaria, after …