Investment scams in Bulgaria involving cryptocurrency or other financial instruments have become increasingly popular in recent years. Scammers usually post ads and commercials on all sorts of social networks, messenger and chat platforms (Facebook, Telegram, Viber, WhatsApp, etc.) and promise high returns to investors but actually the money is used for personal gain of the […]

Bulgarian property lawyers can be extremely helpful when buying a property in Bulgaria mainly in several ways: Checking not only for encumbrances, but also for other potential, including future, problems that those connected with the seller or real estate agency have no interest in communicating to you. Checking the seller and the completeness of the […]

Are you a heir of a relative who owned movable or immovable property, vehicles, companies or bank accounts in Bulgaria during their life? This article is a guide to what the heirs of a foreign national who owned assets in Bulgaria can get. First of all, it should be noted that the heir may have […]

A QES or qualified electronic signature is often used as a synonym for the general term electronic signature in the EU and Bulgaria. However, it should be immediately clarified that electronic signatures are of 3 different types – simple, advanced (AES) and qualified (QES). The matter is regulated in the Bulgarian legislation and Regulation (EU) […]

Sending a payment demand letter in the form of a notary or registered post invitation for voluntary payment to a debtor in Bulgaria is an out-of-court settlement procedure which is not mandatory but is a common and widespread practice. Very often Bulgarian individuals or legal entities, but also foreign ones residing in Bulgaria, owe debts […]

EU Regulation (EC) No 261/2004 of the European Parliament and of the Council of 11 February 2004 establishing common rules on compensation and assistance to passengers in the event of denied boarding and of cancellation or long delay of flights, entitles air passengers to some compensation from the airline in certain cases and defends air […]

Bulgarian citizenship by origin can be obtained in accordance with the Constitution of the Republic of Bulgaria, which states that any person of Bulgarian origin is entitled to obtain Bulgarian citizenship under a facilitated procedure.   What does “a person of Bulgarian origin” mean? The answer is given by Bulgarian Citizenship Act. Any person who […]

Following the latest 2021 Bulgarian Citizenship Act amendments, Bulgarian Citizenship by Investment Program continues its operation in 2022 and is still among the few in European Union offering fast track-citizenship. New applications are now even processed faster and there are also new investment options available. In confirmation to the above, we are happy to announce […]

Bulgarian residency by investment can be obtained under the provisions of the Foreigners in the Republic of Bulgaria Act. This is quite a popular option which allows non-EU citizens to ‘buy’ Bulgarian residence permit or even citizenship by investing in the economy of the country. The legislation offers various opportunities depending on the size and […]

Representation by a local Bulgarian lawyer for various legal or other issues is becoming more popular and preferred option for foreign citizens who cannot enter Bulgaria as due to the Coronavirus pandemic travel to Bulgaria is subject to restrictions.   In order to prevent the spread of COVID-19, Bulgaria banned entry to its territory to […]

If you are considering buying a house, apartment or other real estate in Bulgaria for your holiday home or just as a second home you should be aware that the property purchase involves additional expenses and taxes which come on top of the advertised property purchase price.   First of all, when viewing on properties […]

Debt collection or debt recovery in Bulgaria is usually referred to the process of collection of payments due by debtors to businesses or individuals. Debt collection procedures vary in different countries and chasing a foreign debtor can be challenging due to language difficulties, communication problems and differences in legal system. Sometimes, even locating a foreign […]

The rules on the recognition, admission and enforcement of judgments, arbitral awards and acts within EU Member States are regulated by the Regulation on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (EU) 1215/2012 of 12.12.2012, currently in force. Bulgarian national legislation applies the same rules implemented in Art. 621 […]

Until 2018 all Bulgarian companies were subject to annual reporting to three different state authorities, no matter whether they had any activity during the reporting period. Firstly, every tax year all companies had to file a corporate income tax return with Bulgarian National Revenue Agency even if there was no tax due. Secondly, they had […]

Personal data protection in Bulgaria and EU from 2018 is regulated by GDPR (General Data Protection Regulation) together with Bulgarian Personal Data Protection Act and the competent data protection authority (DPA) in Bulgaria is the Commission of Personal Data Protection. Bulgarian Data Protection Officers (DPO) can guarantee full law compliance and act as a contact […]

Bulgarian company formation and doing business in Bulgaria have many financial and practical benefits. The real advantages start with the Bulgarian company setup procedure. First of all, the minimum required foundation capital is amounting to only 1 euro. Further on, company registration in Bulgaria is not expensive in comparison with other EU and even non-EU […]

Divorce law in Bulgaria and procedure of division of assets after an overseas divorce with a Bulgarian citizen are regulated by different applicable divorce laws such as Bulgarian Family Code, Bulgarian Civil Procedure Code, applicable EU Regulations and Private International Law Code. Appointing a Bulgarian divorce lawyer is recommended, even in divorces by mutual consent, […]

The lease agreement (popular in Bulgaria also as rental contract) is one of the most common types of contracts. This is a legally binding document which involves obligations for both parties that enter it. The landlord (or the lessor) engages to grant to the tenant (or the lessee) the right to use the property for […]

Bulgarian residence permit applicants (for long term or permanent stay card, EU or non-EU citizens) should take into consideration some important amendments to Bulgarian immigration laws and specifically the Foreigners in the Republic of Bulgaria Act and Regulations for Implementation of the Foreigners in the Republic of Bulgaria Act adopted in 2017. According to expert […]

Bulgarian residency program includes more than 20 legal grounds for obtaining a long stay permit or permanent residency by foreign citizens. One of the most preferred is the purchase of a real estate property in Bulgaria. Obtaining a long stay permit by property purchase is available for two types of applicants – retired and non-retired. […]