Definition of а “foreigner” in Bulgaria A foreigner is any person who is not a Bulgarian citizen, as well as stateless persons. The appointment of a citizen of a Member State or a country of the European Economic Area (EEA), for example, citizens of Iceland or citizens of the SwissContinue Reading
Jobs for foreigners in Bulgaria Bulgarian Employers send a letter with proposals to the Council of Ministers and Parliament. Although is ranked 11th as the best place to work for foreigners, Bulgaria is also at the forefront of the countries with the greatest difficulties in filling vacant positions. Among theContinue Reading
Recently, opening a bank accounts with Bulgarian banks has become a problem for many foreign citizens. What are the reasons and what is the best solution? The problem is that the policy of banks regarding opening accounts for Bulgarian companies with foreign managers and founders, as well as for individualsContinue Reading
Real Estate Investмent in Bulgaria On the territory of Bulgaria, there are the most beautiful and exotic beaches on the Balkans. The beaches, which conquer you with their simple beauty, golden shores and blue waters. The coast of Bulgaria provides ideal conditions for diving, water skiing, yachting and other recreational activities. Among foreign investments, real estate in Bulgaria is very much desired. This is not surprising, becauseContinue Reading
Bulgaria is becoming an increasingly attractive target for large business companies and organizations. However, more and more Russians, British, Japanese, Chinese, Americans are settling permanently with their families in Bulgaria. Many of them decide to start a business in our country. For them, basically, we wrote this “manual”. Step No.Continue Reading
EOOD & OOD The Bulgarian abbreviation for Ltd – “EOOD”, means: “Sole Limited Liability Company.” OOD and EOOD are one and the same thing except that OOD consists of at least two partners and EOOD only one. It is also a company, though it consists of one person. HowContinue Reading
Although new industrial projects are being implemented in Bulgaria, foreign investors do not miss out on their concerns and inconveniences. These are observations over the years that hinder their activity. Such as labor market imbalances and infrastructure problems. Austrian companies – foreign investor #2 Austrian companies are among the mostContinue Reading
Buy a ready-made business in Bulgaria or create your own? Prices for an existing business in Bulgaria can seem very attractive to a Russian citizen. $ 80 thousand for a cafe in Sofia. A dairy plant in the suburbs of the capital for only $ 3 million. Or a smallContinue Reading
There is another significant business sector in which Russians feel at ease in Bulgaria. This is work with compatriots in a broad sense: with all who came to the country from the former Soviet republics. This market sector is difficult to attribute to large. For the most part, it doesContinue Reading
