Category Archives: News

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 …

Bulgaria is one of the best countries for working foreigners

work for foreigners in Bulgaria

Bulgaria is ranked 11th. Greece is at the bottom Bulgaria is the best country in the Balkans for the life and work of foreigners, and it is almost in the top ten in the world. Our country is ranked 11th. For the sixth consecutive year, analysts at InterNation, the world’s largest expat community (people who …

Common Rules for Insolvency Proceedings for All Countries of the European Community (EC)

Insolvency Proceedings EC

Purpose of the procedure – Regulation (EU) 2015/848 The material introduces the main and secondary insolvency proceedings under Council Regulation (EC- European Community) No 2015/848. It has precedence over the rules of national legal systems. The rules contained therein are of a coordinating nature for debtors with assets in different Member States, necessitating the opening …

Participation in the “International Emigration Expo 2016” – Kiev, Ukraine

International Emigration Expo

“Residence permits in Bulgaria and the CIP” The team of the Hristo Vasilev law office participated at the International Emigration Expo 2016, which was held in Kiev, Ukraine on 30.09.2016 and 01.10.2016, where our representative spoke about “Residence permits in Bulgaria and the Citizenship-by-investment program(CIP)”. Citizenship and Investments Ltd “Citizenship & Investments” LTD is a consultancy company …

Lecture in Hong Kong

лекция в Хонг Конг

Lecture in Hong Kong about obtaining citizenship by investment and the particularities for holders of British Overseas Citizenship. For more information, please visit  http://www.bulgarian-citizenship.org/hong-kong-2018 Current update on Hong Kong (summer 2019) The recent unrest in Hong Kong resulted in huge increase in the amount of applications for Bulgarian citizenship by nationals of HK. For people …

Optimization of the tax burden

данъчна оптимизация

Global economic crisis The global economic crisis in 2008 put an end to uncontrolled spending of company resources and the intoxication by the investment boom. The main task in the new economic situation became the preservation of economic growth and survival in conditions of increasing inter-company indebtedness and troubled bank credit provision. Trade persons started …

Foundation (NGO)

Foundations (NGO) Bulgaria

Why would you need a Foundation (NGO)? The end of the offshore era – the Common Reporting Standard (CRS), FATCA and the new challenges for the financial privacy. Bulgarian foundation (NGO) – why would you need one? Long gone are the days when bank secrecy was seen as basic human right and economic value. With …

Lawyer Hristo Vasilev speaking in the Cannes, France

Hristo Vasilev in Cannes

Participation in the citizenship and immigration forum in Cannes, France In collaboration with Citizenship and Investments LTD, and the elite Bulgarian lawyer Hristo Vasilev was invited to the most prestigious International Emigration & Luxury Property Expo forum held in the Cannes, France on 9-10 November 2018. During the forum, the law office made numerous contacts …