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 of the account holders.
We have been assisting the victims of the “banking dictatorship” tо open bank accounts and to unfreeze their assets.
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So is there any improvement in the situation in 2023?
Currently, Bulgarian banks have at least started to talk to the potential customers. With the increase of the interest rates in the EU and USA, the banks started thinking about the possibility to attract foreign clients. This was something beyond the wildest imagination in 2021 and 2022. And that’s a good news for many businessmen who want to open business in Bulgaria.
Our assistance to open both personal and corporate bank accounts in Bulgaria
We are successfully assisting clients from around the world to open both personal and corporate bank accounts in Bulgaria. Please don’t get us wrong, it’s not easy and the success rate is not 100%. But with our assistance, things are much easier than with anyone else or alone. Bulgaria is a land of business opportunities, but everything starts with an opening of a bank account. Please contact us for assistance.