ABOUT US

Highest standards in handling your legal matters

The team at Advocate Markov Law Firm operates to the highest standards to protect your interests. With over 15 years of experience in EU citizenship and foreign investment, we have assisted numerous investors in obtaining EU citizenship and managing their investment portfolios.

EU citizenship

Full support of your journey to getting EU citizenship

Advocate Markov is dedicated to guiding you through the process of obtaining a Bulgarian Golden Visa, which can potentially pave the way to Bulgarian citizenship. We will guide you through the available investment options starting from just 512,000 EUR. Notably, this investment is entirely refundable, and you will have the added advantage of earning interest over the course of the investment period.

Foreign investments

Foreign Investments

Our team is adept at facilitating investments across a broad spectrum of opportunities in Bulgaria, ranging from property transactions to investments in Alternative Investment Funds (AIFs), Exchange-Traded Funds (ETFs), venture capitals, and more. However, our expertise extends beyond guiding you through existing investment avenues.

Our mission is to give you the best advice and protect your assets.

OUR SERVICES

OUR SERVICES

The Law firm of Advocate Markov provides services covering the full spectrum of Law Services- Corporate and Commercial Law, Tax Law and Auditing, Immigration Law, Criminal Law and other legal services.

The Law firm of Advocate Markov is strongly focused on providing Bulgarian citizenship services for those who want to acquire European Union citizenship.

To fully support our customers the Law firm of Advocate Markov also provides Foreign Investments and Accounting services.

Bulgaria Joins Schengen 2024

Bulgaria Joins Schengen 2024

In a historic move that marks a significant milestone for Bulgaria and the European Union, Bulgaria is set to join the Schengen Zone on April 1st. This accession is a testament to the nation's steadfast commitment to European integration and its adherence to the stringent criteria...

Unfair Competition – Keti 94 OOD v Kaufland Bulgaria EOOD

Unfair Competition – Keti 94 OOD v Kaufland Bulgaria EOOD

Advocate Markov’s expertise played a significant role in proving Kaufland Bulgaria’s unfair competition practices and ultimately winning the case. Markov’s brilliant work was crucial to the successful outcome of the legal battle.

“Kaufland Bulgaria” has been ordered to pay a fine of BGN 343,417 ($196,300)...

Bulgaria AIF – Fund JSC

Bulgaria AIF – Fund JSC

Advocate Markov assisted in the establishment of Bulgaria AIF - Fund JSC, one of the first Alternative Investment Funds (AIFs) in the country. Ha also contributed significantly to the formation of its management entity, Bulgaria Fund Management Ltd. The MAIF has been duly approved by the Financial Supervisory...

SMP Solutions, Hungary acquiring DSK Bank subsidiary TranSecurity

SMP Solutions, Hungary acquiring DSK Bank subsidiary TranSecurity

In a significant move within the banking and financial security sector, SMP Solutions, Hungary, has recently acquired TranSecurity, a subsidiary of the renowned DSK Bank. This acquisition highlights SMP Solutions' strategic expansion and its commitment to enhancing financial...

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ABOUT US
ABOUT US
EU citizenship
EU citizenship
Foreign investments
Foreign investments
OUR SERVICES
OUR SERVICES
Bulgaria Joins Schengen 2024
Bulgaria Joins Schengen 2024
Unfair Competition – Keti 94 OOD v Kaufland Bulgaria EOOD
Unfair Competition – Keti 94 OOD v Kaufland Bulgaria EOOD
Bulgaria AIF – Fund JSC
Bulgaria AIF – Fund JSC
SMP Solutions, Hungary acquiring DSK Bank subsidiary TranSecurity
SMP Solutions, Hungary acquiring DSK Bank subsidiary TranSecurity
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Expertise in Tax Law

The team specializes in Tax Law, providing expert services in tax litigation, mediation, revisions, and advice on Bulgarian tax residency. This expertise ensures clients navigate the complexities of tax law with confidence, and deliver services that other seem impossible.

  • Tax Litigation and Mediation: The team represent clients in challenging tax disputes and negotiating favorable outcomes with the Tax Office.
  • Tax Revisions: It’s essential to comply with specific rules to prevent the onset of a tax revision. Nevertheless, in the event that a tax revision is triggered, our team is fully equipped and qualified to interact with the local Tax Office. We ensure that your liabilities are effectively managed and minimized.
  • Bulgaria Tax Residency: Simply not residing in your home country for 183 days may not be sufficient to exempt you from home country taxation. The most effective strategy to avoid being taxed in your home country is to establish tax residency status in another country. Acquiring a Bulgarian tax residency can serve as this golden standard, providing a tax status to support your financial planning.

Foreign Investment and Bulgaria Golden Visa

Advocate Markov and his team stand as a premier advisor in the realm of foreign investments leading to Bulgaria Golden Visa and the potential for citizenship by investment. The team’s combined expertise ensures that investments are not only aligned with clients’ goals but are also fully compliant with Bulgaria’s legal landscape.

Advocate Markov is recognized as one of Bulgaria’s most experienced attorneys in securing Bulgarian citizenship by investment. Before the bond program was discontinued and the Bulgaria Alternative Investment Fund (AIF) program was introduced, Advocate Markov successfully assisted over 400 investors in obtaining Bulgarian permanent residency by investment. However, with the cessation of the bond program, the pathway to Bulgarian citizenship by investment was altered, necessitating a shift towards citizenship by naturalization. Currently, those who invested in bonds are transitioning to apply for Bulgarian citizenship by naturalization, having already secured Bulgarian permanent residency for five years.

With the introduction of the Bulgarian Golden Visa, facilitated by investment in a Bulgaria-based AIF, Advocate Markov remains the preferred choice for investors. This preference is largely due to his close connections with key Bulgarian institutions like the Bulgarian Investment Agency, the Ministry of Justice, and the Presidency. Advocate Markov’s deep understanding of Bulgarian Immigration and Citizenship Law, combined with his strategic connections, positions him as a crucial resource for investors aiming to secure a Bulgarian Golden Visa

Finance Sector

In finance, the team’s accomplishments include setting up AIFs, ETFs, and various financial entities. They provide a holistic approach to financial legal services, supporting fund managers and investors in navigating the complex financial landscape.

Litigation and Antitrust Proficiency

Advocate Markov’s team demonstrates exceptional litigation skills, particularly in handling cases against insurance companies, hypermarkets chains, and in complex antitrust matters.

A testament to their expertise in the legal arena is Advocate Markov’s notable victory in a case against Kaufland, one of the leading retail giants in Bulgaria, ranked 9th by income in Bulgaria in 2021. This significant achievement underscores Advocate Markov’s expertise in dealing with high-profile and challenging cases. It also highlights the team’s capability to successfully navigate through intricate legal battles against large, well-established corporations.

The Team

What sets Advocate Markov and his team apart is their collaborative approach. Each member brings specialized knowledge and a unique perspective, resulting in well-rounded, innovative legal solutions. This synergy is the cornerstone of their success and client satisfaction.

Latest Legal Information articles

Latest news and insights

104, 2024

Bulgaria Joined Schengen

Uncategorized|

April 1st, 2024, stands as a day of great significance in Bulgaria’s history as the country formally joins the Schengen Zone, opening a new chapter of increased mobility, economic growth, and stronger bonds within the European Union. This long-awaited accession is the result of Bulgaria's unwavering commitment to meeting the European Union's rigorous standards [...]

503, 2024

The EU Court allowed foreigners to buy agricultural land in Bulgaria

Uncategorized|

Seventeen years after joining the EU, the court in Luxembourg lifted the restriction on EU citizens acquiring agricultural land in Bulgaria. The restrictions were supposed to be lifted back in 2014, but instead, with changes to the Law on Ownership and Use of Agricultural Lands (LOUAL) and contrary to European law, the state imposed [...]

2901, 2024

Bulgaria Joins Schengen 2024

Bulgarian citizenship, Featured|

In a historic move that marks a significant milestone for Bulgaria and the European Union, Bulgaria is set to join the Schengen Zone on April 1st. This accession is a testament to the nation's steadfast commitment to European integration and its adherence to the stringent criteria set by the Schengen Agreement. What Does Schengen [...]

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