Permanent residence permit for investment under the repealed Foreigners Law (effective prior to 2021) Today, we will be analysing a very important problem for many of our customers. Namely, what will happen with the legal status of the foreigners who have obtained a permanent residence permit under the old law.Continue Reading
A milestone statement of the General Advocate of the Court of Justice of the European Union One of the biggest hits for the reputation of the European Commission, ironically, may come from the smallest EU member state – Malta. The official opinion of the Advocate General of the Court ofContinue Reading
Your questions about the Bulgarian Golden Visa answered Today, as we often do, we will answer some of the questions our readers and clients have asked us in the course of the past weeks. The questions below come from clients with Russian, South African and Chinese citizenship, willing to obtainContinue Reading
The long awaited amendments to the regulations of the Foreigners Law are now enacted The investment residence program, in its current form, was launched in 2021. Since then, the investors were expecting the legally required regulations to the Foreigners Law. Without these regulations, it was virtually impossible for one toContinue Reading
American investor determined to get justice in Bulgaria An US investor is suing the Bulgarian parliament for damages, due to the controversial decision of the deputies to abruptly close the CIP, with retroactive effect. Our lawyers have already filed the claim for the amount of almost: One million Bulgarian LevaContinue Reading
Important news! Applicants for Bulgarian citizenship by investment gather at the Cannes’ iconic Martinez hotel Following the 2022 amendments in the Bulgarian citizenship law, that basically halted the investment citizenship applications, investors from all over the world have decided to legally seek their rights. Conference at the Cannes, France WeContinue Reading
Continued from Investment citizenship application terminated (part 1). This article is about the possibility to claim financial compensation for damages for cancelled citizenship by investment applications. As result of the mass legal actions by large number of investors, we firmly believe that some of the legal amendments of 2022 willContinue Reading
The “gods” have gone crazy More and more applicants for Bulgarian investment citizenship are receiving the following message: Отказ на Вицепрезидента на Република България. Съгласно писмо № XX-XX-XX от xx.xx.2022 г. от Администрацията на Президента сме уведомени, че на основание § 7 от ПЗР на ЗИ ЗБГ производството по придобиванеContinue Reading
Bulgaria halts its citizenship by investment program (for now), but goes forward with a Golden Visa program The investors have the option to immediately obtain Bulgarian Golden Visa, by investing in the country an amount from 256 000 EUR and up. Please contact us for preliminary details. We will beContinue Reading