Category Archives: Articles

Dubai – hub for scammers offering Bulgarian citizenship by investment

Dubai scams passports

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 …

Bulgaria enhances its citizenship by investment program

Bulgarian citizenship 2021 - Bloomberg

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 …

Bulgarian citizenship – outlook for 2021

Bulgarian passport hard to get

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 …

Bulgarian citizenship and residence permit in 2021

Brexit Bulgaria

The amount of British applicants for Bulgarian residence permits and passports have skyrocketed in the last month of 2020. Brexit is now a fact and the British need access to Europe. Please read more at http://blog.bulgarian-citizenship.org/brexit-bulgarian-citizenship/ and https://posolstvo.eu/blog/bulgarian-residence-brexit/. Please contact me for any questions you might have about how to obtain EU residence and citizenship …

Will populist measures save Boyko Borisov’s government?

Boyko Borisov 2020 Protests Bulgaria

Boyko Borisov boldly untied the purse, distributed “fats” from the fiscal reserve, reduced VAT. But isn’t the Prime Minister late with these actions?  What is it: genuine concern or pure populism? Will the new reduced VAT rates, interest-free loans and one-time supplements for pensioners prevail over the feeling of a mafia backstage in Bulgaria ?! …

Negative online reviews: how to sue for defamation?

Negative online reviews

Negative online reviews and comments are subject to legal prosecution. You can earn significant compensation for negative reviews and defamation on Google, Facebook, Amazon, Booking.com under Bulgarian and EU law. It’s no secret that in recent years, online reviews (including negative, unfortunately) have become an integral part of doing business. The purpose of internet comments …

Accountancy services with full legal support in Bulgaria

accountancy in Sofia

For most of the foreign companies in Bulgaria, accountancy and legal compliance is the first and most important hurdle that they need to deal with. Private accountants in Bulgaria, as well as accountancy firms, do provide only basic services – daily accountancy, tax forms, annual reporting. But the legal framework requires much more than filling …

Liberalization of the regime of movement of official documents for EU citizens

EU documents liberalisation

17 million EU citizens Already in February 2019, new EU rules have been applied throughout the European Union to reduce costs and formalities for citizens living outside their own country. Before February, 2019, some 17 million EU citizens who were moving or living in another EU country had to certify their official documents in their …

A Terminological Guide for a Foreign Businessman in Bulgaria

corporate services in bulgaria

Terminological Guide – Basic Terms: 1. Commercial transactions and what they are (according to the Bulgarian legislation) 2. Agreement for bank loan or bank deposits. 3. Record of the order. Bill of exchange. Check. Extra-judicial enforcement grounds. 4. Liquidation of a company in Bulgaria. 5. Transfer of company shares. 6. Bankruptcy. 1. Commercial transactions and …

The “New Bulgarians”

Bulgarian citizenship

Immigration Law One of the main priorities of Hristo Vasilev Law Firm is Immigration Law. That is why we are closely monitoring the immigration processes of our homeland. Our team of attorneys has achieved significant legal victories in this area and over the years we have brought together many foreign families. Bulgaria’s population is declining …