Blog on living and doing business in Bulgaria
Law explainers, statistics and news for anyone applying for residence, registering a company or buying property in Bulgaria.
Residence in Bulgaria (long-term residence permit)
The grounds on which a long-term residence permit in Bulgaria is granted are set out in Art. 24, para. 1 of the Law on Foreigners in the Republic of Bulgaria (ЗЧРБ). The main ones are the following:
Type D visa — a long-stay visa.
The type D visa is an immigration visa issued for the subsequent arrangement of a long-term residence permit or permanent residence permit in Bulgaria. The type D visa is issued by Bulgaria's diplomatic and consular missions for a period of 180 days with an unlimited number of entries and exits.
Remote control of your company in Bulgaria.
The fairly large flow of registrations of companies and trade representative offices in Bulgaria by Russian-speaking businesspeople is driven by low tax rates, a developing market and the country's rising economic freedom index.
Why are cars cheap in Bulgaria?
Bulgaria currently has the largest supply of used cars, although the market for new car sales is also growing every year. Compared with other countries, and especially Russia and Ukraine, car prices look simply laughable. Buying a car is affordable for almost any working person in Bulgaria.
Studying in Bulgaria
Schoolchildren in Bulgaria study for 12 years. Primary school, as in Russia, runs to grade 4. Then come the pre-gymnasium grades (up to 8), and from grade 9 to grade 12 students receive their secondary education.
Residence permit in Bulgaria for students
Under the Bulgarian Foreigners Act, foreigners admitted to the country's universities on a permanent basis can obtain a long-term residence permit.
Accounting services for your company in Bulgaria.
1) Subscription accounting services: The most cost-effective type of accounting service for enterprises of all forms of ownership. By signing an annual…