FAQs Archive - The law firm of Advocate Vasil Markov https://www.advocatemarkov.com/faq-items/ The law firm of Advocate Vasil Markov Sun, 22 Dec 2024 07:28:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.advocatemarkov.com/wp-content/uploads/2022/03/cropped-logo-Markov-new-best-32x32.png FAQs Archive - The law firm of Advocate Vasil Markov https://www.advocatemarkov.com/faq-items/ 32 32 Are there any nationality restrictions? https://www.advocatemarkov.com/faq-items/are-there-any-nationality-restrictions-for-the-bulgaria-golden-visa-program/?utm_source=rss&utm_medium=rss&utm_campaign=are-there-any-nationality-restrictions-for-the-bulgaria-golden-visa-program https://www.advocatemarkov.com/faq-items/are-there-any-nationality-restrictions-for-the-bulgaria-golden-visa-program/#respond Sat, 17 Feb 2024 09:24:09 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4905 The program is open to individuals of all nationalities, as there are no restrictions based on nationality. However, certain limitations may arise during the pre-approval stage, where applicants are required to provide documentation verifying the origin of their investment funds and undergo background checks.

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]]> The program is open to individuals of all nationalities, as there are no restrictions based on nationality. However, certain limitations may arise during the pre-approval stage, where applicants are required to provide documentation verifying the origin of their investment funds and undergo background checks.

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]]> https://www.advocatemarkov.com/faq-items/are-there-any-nationality-restrictions-for-the-bulgaria-golden-visa-program/feed/ 0 Are there any language requirements? https://www.advocatemarkov.com/faq-items/are-there-any-language-requirements-for-the-bulgaria-golden-visa/?utm_source=rss&utm_medium=rss&utm_campaign=are-there-any-language-requirements-for-the-bulgaria-golden-visa https://www.advocatemarkov.com/faq-items/are-there-any-language-requirements-for-the-bulgaria-golden-visa/#respond Sat, 17 Feb 2024 09:19:47 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4903 For residency permits acquired through Fund Investment, there are no language  requirements. However, language exam is mandatory for those seeking Bulgarian citizenship five years after receiving the Permanent residency. We offer assistance to our applicants in preparing for the language requirements or in navigating the process for a possible exemption.

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]]> For residency permits acquired through Fund Investment, there are no language  requirements. However, language exam is mandatory for those seeking Bulgarian citizenship five years after receiving the Permanent residency. We offer assistance to our applicants in preparing for the language requirements or in navigating the process for a possible exemption.

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]]> https://www.advocatemarkov.com/faq-items/are-there-any-language-requirements-for-the-bulgaria-golden-visa/feed/ 0 Can my family also obtain residency? https://www.advocatemarkov.com/faq-items/can-my-family-also-obtain-residency-under-the-bulgaria-golden-visa-program/?utm_source=rss&utm_medium=rss&utm_campaign=can-my-family-also-obtain-residency-under-the-bulgaria-golden-visa-program https://www.advocatemarkov.com/faq-items/can-my-family-also-obtain-residency-under-the-bulgaria-golden-visa-program/#respond Sat, 17 Feb 2024 09:14:41 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4901 Immediate family members (spouse and dependent children up to the age of 21) can also apply for residency. To process can be initiated straight after the main applicant was granted permanent residency.

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]]> Immediate family members (spouse and dependent children up to the age of 21) can also apply for residency. To process can be initiated straight after the main applicant was granted permanent residency.

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]]> https://www.advocatemarkov.com/faq-items/can-my-family-also-obtain-residency-under-the-bulgaria-golden-visa-program/feed/ 0 Do I need to live in Bulgaria to retain my Golden Visa? https://www.advocatemarkov.com/faq-items/do-i-need-to-live-in-bulgaria-to-maintain-my-golden-visa-status/?utm_source=rss&utm_medium=rss&utm_campaign=do-i-need-to-live-in-bulgaria-to-maintain-my-golden-visa-status https://www.advocatemarkov.com/faq-items/do-i-need-to-live-in-bulgaria-to-maintain-my-golden-visa-status/#respond Sat, 17 Feb 2024 09:12:58 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4899 You are not required to visit Bulgaria to maintain your Golden Visa status.

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]]> You are not required to visit Bulgaria to maintain your Golden Visa status.

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]]> https://www.advocatemarkov.com/faq-items/do-i-need-to-live-in-bulgaria-to-maintain-my-golden-visa-status/feed/ 0 How long does it take to obtain a residence card? https://www.advocatemarkov.com/faq-items/how-long-does-it-take-to-obtain-a-residence-card/?utm_source=rss&utm_medium=rss&utm_campaign=how-long-does-it-take-to-obtain-a-residence-card https://www.advocatemarkov.com/faq-items/how-long-does-it-take-to-obtain-a-residence-card/#respond Sat, 17 Feb 2024 09:11:15 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4897 The processing duration for obtaining a permanent residency card can vary, but it is typically reasonable to anticipate that the card can be acquired within six months from the commencement of the investment process.

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]]> The processing duration for obtaining a permanent residency card can vary, but it is typically reasonable to anticipate that the card can be acquired within six months from the commencement of the investment process.

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]]> https://www.advocatemarkov.com/faq-items/how-long-does-it-take-to-obtain-a-residence-card/feed/ 0 Is the investment refundable? https://www.advocatemarkov.com/faq-items/is-the-investment-refundable/?utm_source=rss&utm_medium=rss&utm_campaign=is-the-investment-refundable https://www.advocatemarkov.com/faq-items/is-the-investment-refundable/#respond Sat, 17 Feb 2024 09:04:45 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4895 The investment is completely refundable, including any interest accrued. The amount of interest earned is contingent on your risk tolerance. There are investment funds available that provide a higher return, but these come with increased risk levels.

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]]> The investment is completely refundable, including any interest accrued. The amount of interest earned is contingent on your risk tolerance. There are investment funds available that provide a higher return, but these come with increased risk levels.

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]]> https://www.advocatemarkov.com/faq-items/is-the-investment-refundable/feed/ 0 How much do I need to invest to qualify for the Bulgaria Golden Visa? https://www.advocatemarkov.com/faq-items/how-much-do-i-need-to-invest-to-qualify-for-the-bulgaria-golden-visa/?utm_source=rss&utm_medium=rss&utm_campaign=how-much-do-i-need-to-invest-to-qualify-for-the-bulgaria-golden-visa https://www.advocatemarkov.com/faq-items/how-much-do-i-need-to-invest-to-qualify-for-the-bulgaria-golden-visa/#respond Sat, 17 Feb 2024 09:01:00 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4893 The investment threshold is €512,000.

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]]> The investment threshold is €512,000.

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]]> https://www.advocatemarkov.com/faq-items/how-much-do-i-need-to-invest-to-qualify-for-the-bulgaria-golden-visa/feed/ 0 What are the investment options for the Bulgaria Golden Visa? https://www.advocatemarkov.com/faq-items/what-are-the-investment-options-for-the-bulgaria-golden-visa/?utm_source=rss&utm_medium=rss&utm_campaign=what-are-the-investment-options-for-the-bulgaria-golden-visa https://www.advocatemarkov.com/faq-items/what-are-the-investment-options-for-the-bulgaria-golden-visa/#respond Sat, 17 Feb 2024 08:55:28 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4891 Investment options include purchasing shares or invest in the capital of Bulgarian based and Bulgarian managed AIFs and ETFs.

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]]> Investment options include purchasing shares or invest in the capital of Bulgarian based and Bulgarian managed AIFs and ETFs.

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]]> https://www.advocatemarkov.com/faq-items/what-are-the-investment-options-for-the-bulgaria-golden-visa/feed/ 0 What is the Bulgaria Golden Visa Program? https://www.advocatemarkov.com/faq-items/what-is-the-bulgaria-golden-visa-program/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-the-bulgaria-golden-visa-program https://www.advocatemarkov.com/faq-items/what-is-the-bulgaria-golden-visa-program/#respond Sat, 17 Feb 2024 08:53:41 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4889 The Bulgaria Golden Visa Program is a residency-by-investment scheme that allows non-EU nationals to obtain a permanent residence permit in Bulgaria through investment, and potentially Bulgarian citizenship.

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]]> The Bulgaria Golden Visa Program is a residency-by-investment scheme that allows non-EU nationals to obtain a permanent residence permit in Bulgaria through investment, and potentially Bulgarian citizenship.

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]]> https://www.advocatemarkov.com/faq-items/what-is-the-bulgaria-golden-visa-program/feed/ 0 What is the corporate tax rate in Bulgaria? https://www.advocatemarkov.com/faq-items/what-is-the-corporate-tax-rate-in-bulgaria/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-the-corporate-tax-rate-in-bulgaria https://www.advocatemarkov.com/faq-items/what-is-the-corporate-tax-rate-in-bulgaria/#respond Mon, 12 Feb 2024 06:45:53 +0000 https://awsumlabs.com/advmark/?post_type=avada_faq&p=4656 Companies in Bulgaria pay a flat 10% rate corporate tax. Additionally the tax for dividends is 5%.

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]]> Companies in Bulgaria pay a flat 10% rate corporate tax. Additionally the tax for dividends is 5%.

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]]> https://www.advocatemarkov.com/faq-items/what-is-the-corporate-tax-rate-in-bulgaria/feed/ 0