Is it possible for a foreigner to open bank account in Bulgaria in 2023? During the past few years ,we have been reporting many problems with opening of bank accounts for foreigners in Bulgaria. In many cases, foreign bank accounts in Bulgaria have been even frozen, to the horror ofContinue Reading
The NEXO scandal brings bad news for the “regular tax dodgers” The people in Bulgaria are very well aware of the scandal that unveiled in recent weeks with the crypto platform Nexo. For those who are not aware of what happened though, as reported by Reuters, four Bulgarian nationals haveContinue Reading
Doing business in Bulgaria Israelis are good in doing business. And Bulgaria is the best EU country for Israelis to do business in. But in Bulgaria, one needs solid legal support and local knowledge to make things happen. And to make them happen fast. טובים השנים מן האחד We provideContinue Reading
The Bulgarian limited liability company is the best capital protection tool and the most economical way for doing business in the EU. Our best promotion in 2022 – Bulgarian LTD with all the bells and whistles You will be saving 550 EUR on our limited promotion in 2022. What youContinue Reading
How will the unprecedented sanctions against Russia (the fall of the New Iron Curtain) affect the Bulgarian economy? The new Iron Curtain is already a fact. It will divide the world and the consequences for global business are yet to be felt. But first we want to say that ourContinue Reading
The best investment in Bulgaria for foreigners outside the EU is the Bulgarian CIP (but time is running out) Why Citizenship by Investment Program (CIP), a.k.a. Golden Passport, is the best investment in Bulgaria right now? In 2020 and 2021, shocking changes took place on the European stage of action,Continue Reading
The scammers are striking again. In 2021, we are now witnessing more scammers offering Bulgarian company formation, than ever before. Bulgaria has extremely low tax rate, but it is not an offshore tropical island with shady practicies! The country is fully fledged EU member state for 14 years already andContinue Reading
I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson More and more clients are coming to us for assistance, whose bank accounts in Bulgaria have been frozen. It is unfortunate, but we see a clear pattern of more and more accounts being blockedContinue Reading
The Bulgarian economy and the great world economic powers (2021-2023) The Bulgarian economy, like any economy of a small country, is directly dependent on the major world economic powers. For Bulgaria, these powers are the EU and the United States. Therefore, we will first briefly consider the BNB’s (BNB –Continue Reading
