How Liquid Is The Bulgarian Capital Market

Bulgaria Golden Visa challenges 2026

It is no secret that the Bulgarian capital market lacks liquidity. A simple look at the closing trades on the Bulgarian Stock Exchange on 4 February 2026 illustrates this clearly. A single transaction — the purchase of just one share of First Investment Bank — resulted in a price increase of 4.22%. As a consequence, all outstanding shares were […]

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Bulgaria Golden Visa Misconceptions Solved

Bulgaria Golden Visa Misconceptions Solved

The statements shown below (screenshots) are taken from a published article discussing the Bulgarian Golden Visa program in 2026. The following commentary addresses and corrects the specific misconceptions presented in that article. The Bulgarian Golden Visa in 2026 offers open-ended investment funds with no subscription or redemption fees, a fixed annual management fee starting from […]

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Bulgaria AIF: A Regulated Path for Bulgaria GV

Andreas Beikos joins Bulgaria Golden Visa Fund

An article by Andreas Beikos, Counsel at Bulgaria Fund Management, and former Head of the European Investment Bank for Bulgaria and the Western Balkans Following my recent appointment as Counsel at Bulgaria Fund Management, I am pleased to share some insights into Bulgaria’s growing Alternative Investment Fund (AIF) ecosystem, our Fund’s structure, and the opportunities […]

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Bulgaria Fund Management at InvestPro Dubai 2025

Bulgaria Fund Management in Dubai - Bulgaria Golden Visa

After the great success of our participation at the IMC 10th Anniversary event in Dubai, the Bulgaria Fund Management team is pleased to announce that we will be present at the InvestPro Conference at TAJ Dubai on September 25th. The Bulgarian Golden Visa Program requires an investment of EUR 512,000 into a government-regulated fund. Our […]

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Free Advisory on Bulgarian Citizenship by Origin

Bulgarian Citizenship by Origin 2025

We’ve been receiving a large number of inquiries about Bulgarian citizenship by origin—and many applicants seem understandably confused about how it works. To clear things up, we’re now offering free consultations for anyone interested in applying under this category. To fully grasp this concept, it’s important to understand that citizenship and ethnicity are two distinct […]

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Bulgaria Golden Visa Open to Russian Applicants in 2025

Bulgaria Golden Visa Open to Russian Applicants in 2025

As of mid-2025, Bulgaria stands out as one of the few EU countries where Russian nationals can still lawfully obtain permanent residency through investment. While nations such as Greece and Portugal have fully suspended their Golden Visa programs for Russian citizens, Bulgaria has taken a more nuanced, law-based approach—allowing participation where no EU sanctions are […]

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Bulgaria Golden Visa Investment Options

Is SOFIX a Suitable Investment for the Bulgaria Golden Visa Program

A Growing Program with Limited Investment Choices The  Bulgaria Golden Visa program is gaining momentum, with a steadily increasing number of applicants, driven in part by changes in competing programs. Notably, Portugal now offers only temporary residency for a comparable investment and has extended its citizenship timeline to ten years, prompting investors to seek more predictable […]

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Beikos and Bensdorp Strengthen Bulgaria Golden Visa Fund

Andreas Beikos joins Bulgaria Golden Visa Fund

Since Advocate Vasil Markov and his team assisted the majority of Bulgarian citizenship-by-investment applications between 2013 and 2022—mainly through investments in government bonds— Vasil decided to launch a dedicated investment vehicle in line with the new Bulgaria Golden Visa program. This new option is much simpler compared to the old government bond model. When working […]

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IMC 2025 Highlights

Bulgaria Golden Visa 2025

At the 10th Anniversary Investment Migration Council (IMC) Forum held in Dubai from May 5–9, 2025, Advocate Markov and his team participated as Gold Sponsors, presenting the first Bulgaria Golden Visa Fund regulated by the Bulgarian Financial Supervision Commission – Bulgaria AIF – Fund AD. Bulgaria Golden Visa Program Gains Momentum While Caribbean Citizenship by […]

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Nauru Citizenship by Investment

Nauru Citizenship by Investment

Why You Should Think Twice Before Going for the Nauru Citizenship by Investment Program Nauru has launched a new Citizenship by Investment (CIP) program offering citizenship in just four months in exchange for a $105,000 donation to the Nauru Treasury Fund. The official reason? To fund a relocation program in response to rising sea levels. Sounds noble, right? […]

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