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
One of the “smartest” Bulgarian citizenship by investment schemes that may be considered to be a scam One of the smartest schemes is the so called “Hollow Egg”, which we have covered before, but are currently receiving more and more complaints from clients from around the world. This is aContinue 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
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
Yet another success story of our valued customer. Mr Oleg Sherbakov, a US citizen, who previously wrote an open letter to the Bulgarian Parliament is now waiting for his Bulgarian passport. The story of our client was extensively covered in an article by Uglobal. More and more of our clientsContinue Reading