Bulgaria Golden Visa preferred over Portugal
Why the Bulgaria Golden Visa is Preferred Over the Portugal Golden Visa The Bulgaria Golden Visa offers significant advantages over the Portugal Golden Visa, making it the preferred choice for investors. It is possible that the high commissions paid by real estate developers and fund managers to promoters of the Portugal Golden Visa program overshadow the benefits of the Bulgarian Golden Visa program. [...]
Applying for Bulgarian Schengen Visas from a Third Country
Updated Guidelines for Non-EU Citizens Applying for Bulgarian Schengen Visas from a Third Country valid of April 2024 In light of the ongoing conflict between the Russian Federation and Ukraine, there have been significant changes to the process for non-EU citizens applying for a Bulgarian Schengen visa from a country other than their home nation. Previously, having a valid residency card in a [...]
Bulgaria Joined Schengen
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 in governance, security, and border control. The achievement is [...]
The EU Court allowed foreigners to buy agricultural land in Bulgaria
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 artificial legal bans, leading to a penalty procedure from [...]
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 set by the Schengen Agreement. What Does Schengen Membership Entail? The Schengen Zone represents a hallmark of [...]
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) by the Supreme Administrative Court, which has upheld the decision of the Commission for Protection of Competition (CPC) that established [...]
