April 16, 2025 / by Advocate Markov / Bulgaria Golden Visa
Advocate Markov, IMC Field Officer for Bulgaria, together with his team, will participate in the 10th Anniversary Investment Migration Council (IMC) Event in Dubai, taking place from May 5th to 9th. This prestigious event brings together leading professionals from around the world and offers an excellent opportunity to learn about the latest developments and upcoming […]
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Bulgaria Investor of the Year 2025
April 27, 2026 / by Advocate Markov / Bulgaria Golden Visa
The event provided a strong platform for creating synergies—bringing together business, capital, and government support to generate real economic value. This principle lies at the core of Bulgaria AIF Fund’s strategy. The Fund is not intended to serve as a passive parking space for capital, but as an active vehicle for investment into the Bulgarian […]
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Bulgaria Golden Visa Fund Investing in Bonds
March 30, 2026 / by Advocate Markov / Bulgaria Golden Visa, Bulgarian Citizenship by Investment
Why Bonds Are Always Underestimated Bonds have always been seen as a low-risk, low-return, and frankly boring asset. However, history shows a different picture. Bonds have performed quite well over time, and in certain cases, they have even outperformed the S&P 500. Still, many well-known financial voices tend to downplay bonds. The reason is simple […]
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How Liquid Is The Bulgarian Capital Market
February 14, 2026 / by Advocate Markov / Bulgaria Golden Visa
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 AIF: A Regulated Path for Bulgaria GV
November 4, 2025 / by Andreas Beikos / Bulgaria Golden Visa, Bulgarian Citizenship by Investment
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 Golden Visa Open to Russian Applicants in 2025
August 1, 2025 / by Advocate Markov / Bulgaria Golden Visa
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
July 12, 2025 / by Advocate Markov / Bulgaria Golden Visa, Bulgarian Citizenship by Investment
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
June 27, 2025 / by Advocate Markov / Bulgaria Golden Visa, Bulgarian Citizenship by Investment
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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Bulgaria Golden Visa at IMC 2025
April 16, 2025 / by Advocate Markov / Bulgaria Golden Visa
Advocate Markov, IMC Field Officer for Bulgaria, together with his team, will participate in the 10th Anniversary Investment Migration Council (IMC) Event in Dubai, taking place from May 5th to 9th. This prestigious event brings together leading professionals from around the world and offers an excellent opportunity to learn about the latest developments and upcoming […]
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Timeline to get Bulgarian Citizenship by Investment
November 1, 2023 / by Advocate Markov / Bulgarian Citizenship by Investment
This article presents a sample timeline for obtaining Bulgarian citizenship, adapted from the former Citizenship by Investment framework and now fully applicable to the Bulgaria Golden Visa program in 2026 through a fund investment of EUR 512,000. The process is outlined in distinct phases, with indicative timeframes provided for each step as follows: Step 1 […]
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