In today’s dynamic world people often, change places of living between different countries. Many spouses/partners decide to go and live in a different from their home country together with their children, due to work or any other reasons. Often people plan to spend in the new country a few months,…
According to the Bulgarian legislation there are two possible forms of inheritance – by law and by will. The Bulgarian Inheritance act is the one that explicitly determines the heirs at law, but it does not specify in detail the heirs by will. The will can be two types –…
The injured passengers in a motor vehicle, pedestrians and other road users have the right to receive compensation for damages suffered by road accidents, with exception of the driver, responsible for the accident. In case the accident has resulted in the death of an injured person, then his heirs have…
The types of Traders and Trading Companies in Bulgaria, or what to keep in mind when deciding, what company to establish, in view of the type of business you wish to develop. The decision to start your own business is not always easy, but when you are aware of the…
Slowly, but surely, Bulgaria goes back to normal life, after more than 2 months Covid 19 lockdown. On 26th of May 2020, the Minister of Health in Bulgaria issued an order repealing some of the measures introduced in the country due to COVID-19. According to the order, as of May…
In recent years Bulgaria has become a very desirable destination for foreign investors. According to a survey published in June 2018 by KPMG Bulgaria, the Bulgarian economy grew by 3.6% compared to the previous year and reached EUR 51 billion, as the fast grouth is based on the real estate,…
According to latest research works, Bulgaria’s ski resorts such as Bansko, Borovets and Pamporovo as well as some Black Sea resorts such as Sunny Beach and St. Vlas are now amongst the most affordable in Europe and therefore very popular. Moreover, with the current economy situation and high inflation in…