Nevena has 8 years of experience advising private and corporate clients. She is a pioneer in Bulgarian citizenship and nationality law.
Nevena’s recent clients include a global software group which she advises on compliance and corporate actions, a China- and Hong Kong-based group applying for support under the Investment Promotion legislation in Bulgaria and a variety of technology clients on a range of corporate and commercial issues. In addition, she frequently assists with corporate expansion plans, trade representation of overseas businesses and startup projects.
A very important part of Nevena’s practice relates to immigration and nationality.
In addition to corporate immigration work, Nevena works extensively with HNWIs to advise on their immigration status, personal taxation, relocation of family members and EU family reunification applications. She has worked extensively with clients coming from Russia and other Russian-speaking countries, East and Southeast Asia, the USA and others.
More recently, Nevena has also developed her work in financial regulation and fund law.
Nevena has been a speaker at events in the areas of immigration and nationality law, fund and wealth management and is a member of the Investment Migration Council, which is the worldwide association for investor immigration and citizenship by investment.
Nevena is fluent in Bulgarian and English, and has a working understanding of Russian.
Qualifications: Sofia University
Languages Spoken: Bulgarian, English and Russian
Office Location: Sofia
Member of: Investment Migration Council
Citizenship and Immigration
We advise individuals and families planning for their future and their legacy. We understand that immigration can be complex, often stressful and traumatic. With our professional advice and sensitive approach we will guide you through all your options and will help you to achieve the best possible outcome. We aim to accomplish this in the […]
At NBLO, we understand that maintaining ownership over your brand and safeguarding your innovative ideas, products and solutions are key to the value of a business. We have lawyers specialised in intellectual property matters, able to deliver superb advice and counsel. Our team will guide you to effectively licence and protect your technology assets. We […]
Private companies are the backbone of the economy with a variety of activities aimed at millions of clients. We have abundant experience with Bulgaria and foreign clients active across the world in areas as diverse as online services, gaming, cryptocurrencies, and real estate. We at NBLO regularly assist private company incorporation and provide an all-encompassing […]
Citizenship by Investment
Citizenship by Investment Bulgarian law provides a fast-track route to citizenship by investment. Bulgaria provides an accessible, transparent and respectable gateway into the European society, way of life, and economy through EU citizenship. The requirement is to invest, rather than donate to a government fund. Investor may in principle expect to keep the principal and […]
Advice prior to arrival Work permit requirements and immigration (for non-EEA, non-Swiss nationals); Arranging residence documents (for EEA and Swiss nationals); Setting up a Trade Representative Office; Planning for issues connected with healthcare, education, child care and buying, owning and renting property. After arrival Renting and owning property, establishing and terminating leases over office space […]
Charities / NGOs
Serving the needs of charities, foundations and NGOs We pride ourselves on being one of Bulgaria’s few international law firms with a strong record of serving the needs of charities, foundations and NGOs, and particularly those with an international or cross-border dimension to their work. We also have a growing experience of working with the […]
Corporate and M&A
Overview We see corporate and commercial work and M&A as the core of our practice. We serve a range of international clients in different sectors of the economy and advise on a broad variety of corporate and commercial work. Our lawyers have in-depth knowledge and abundant practical experience of local, as well as international transactions […]
We are aware that nowadays doing business is a global adventure and challenge. Bulgaria is a small and open economy, and its labour market benefits from a steady flow of human capital in many directions. Firms and organisations need integrated, prompt and carefully executed solutions to employment and immigration issues when working across borders. NBLO […]
Opening a bank account in Bulgaria in the name of foreign business or organisation
Foreign-Incorporated Business Bank Account Application In this note, we provide an overview of the requirements an overseas-incorporated business must generally meet to open a bank account in Bulgaria. We restrict our analysis to those organisations or businesses which are structured as companies or corporations in their home jurisdiction. Bulgarian law recognises legal forms originating in […]
Post-Brexit: EU law derived rights for family members of settled UK citizens
Are you a family member of UK citizens holding an EU residence permit in a country in the EU? Do you wish to reside in an EU Member State but are concerned that this would be impossible after the end of the Transition Period (TP)? We outline some of the options you may have now […]
How temporary residents may become EU long-term residents or permanent residents in Bulgaria
The Foreigners in the Republic of Bulgaria Act (“the Act”) provides for various ways for non-EU nationals to become temporary residents. The options include: becoming a trade representative of a company registered abroad; becoming a shareholder in a Bulgarian company, in which 10 jobs for Bulgarian citizens have been created; receiving a pension in your […]
Investment in Mutual Funds as route to Bulgarian Citizenship
On 15th March 2021, changes in both the Foreigners in the Republic of Bulgaria Act (“Foreigners Act”) and the Bulgarian Citizenship Act (“Citizenship Act”) came into effect. The former provides grounds for permanent residence, the latter regulates qualifications for citizenship. You can contact us directly to learn more via our contact form. One of the newly adopted […]
Food cooked at home and sold via social media in Bulgaria – what you need to know
“I am passionate about Indian cuisine and want to start a small venture offering home cooked food for delivery via Instagram. What should I do to make sure my venture is in line with Bulgarian law?” Register! Under Bulgarian law, even a small venture of this type is subject to regulation if it can be seen […]
Bulgaria Revamps CBI Program: New Investment Options, Faster Processing
On 26 February 2021, the Bulgarian Parliament approved а Bill amending the Bulgarian Citizenship Act and the country’s Citizenship by Investment Scheme thus introducing new investment options. The Government and legislators had mooted changes since January 2019. The changes are not in force yet (as of March 1) but are expected to be in the […]
Investment in a limited liability company as a way to Bulgarian citizenship
In 2013 several investment-related routes were introduced in Bulgarian nationality law. These allow an investor to obtain permanent residence and subsequently apply for Bulgarian citizenship in a privileged manner. Тhe investment of approximately EUR 257,000 in a Bulgarian company may be a relatively low-risk way of becoming an EU citizen. Between 2014 and 2019 approx. […]
EU Citizenship by Investment and Residence by Investment in Bulgaria
You may also wish to visit our dedicated microsite where you can find out more about the EU citizenship by investment process and associated steps, and see answers to FAQs at: citizenshipinsight.com. Please also explore further CBI/RBI articles on this website. Overview Bulgaria is one of several EU member states which offers a citizenship by […]
The Trade Representation Office (TRO) option as a way to reside in Bulgaria
Third-country nationals who are looking for a route to residence in an EU Member State have a number of options. In addition to the popular investment option (a focus for HNWIs), there are other routes which are significantly less capital intensive, but allow digital nomads and young entrepreneurs to settle in Bulgaria. A route to temporary […]
Changes in the citizenship by investment program of Cyprus
Under pressure from the European Commission, Cyprus has announced legal changes that make its CBI programme less attractive. Firstly, Cyprus has introduced mandatory donations totalling €150,000. Of this, €75,000 will be paid to the Research and Innovation Foundation and a second €75,000 contribution to the Cyprus Land Development Corporation. The main advantage of the Cypriot […]
How are administrative services delivered in Bulgaria during the Coronavirus outbreak?
Bulgaria declared a state of emergency on Friday 13th March, giving the government extraordinary powers. Approved in a parliamentary vote, the month-long measure (effective until 13 April 2020) should allow the Bulgarian Government to dedicate more resources to fighting the pandemic in Bulgaria. That leaves the question what administrative services are available to citizens? How […]