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
The new Bulgarian government – not in favor of the citizenship by investment program Bulgaria has experienced turbulent political times in 2021-2022. After three consecutive parliamentary elections in 2021, the country has finally approved new government. As Prime Minister was appointed Mr Kiril Petkov. Being young and prosperous Harvard graduate,Continue Reading
Don’t wait for things to happen. Make them happen. Roy Bennett As many of you should be aware of, the Bulgarian Parliament passed certain amendments to the residency and citizenship legislation in March 2021. This was a breath of fresh air for many candidates willing to become EU citizens. UnfortunatelyContinue Reading
or is there a pilot in the plane? The InvestBulgaria Agency (IBA) is a government institution providing information, contacts and project management support to potential investors. The above is written on the website of IBA. We will stress on that – SUPPORT TO POTENTIAL INVESTORS If you haven’t been dealingContinue Reading