3 February 2020
Mr Kamen Shoylev, a Partner at New Balkans Law Office, attended this year’s Russian Wealth Advisors Forum, which took place in Zurich, from 29 to 30 January.
Mr Shoylev was part of the panel, dedicated to the question: Moving Abroad: Is It Still a Solution and If So, Where Should I Go? He elaborated on the Bulgarian citizenship by investment route which is viewed as the low-key option for EU citizenship.
As part of his presentation he illustrated the various advantages for Russian investors and their family members to include Bulgaria as part of their wider European strategy, including by emphasising on the benefits of the tax system, the possibility diversified financial planning and retrievable investment.
The event was well attended and was focused primarily on the hot topics. Transparency, exchange of information and use by Russian tax authorities, protection of assets in times of political turmoil, cross-border enforcement risks were part of the agency and were
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Sale of licences for EMMIS Communication
NBLO provides a multitude of legal services to USA media company EMMIS Communications which has several operations in the radio broadcasting, television broadcasting and magazine publishing markets. Specifically in Bulgaria, the company currently runs one of the largest radio station networks which includes such popular stations as FM Plus, Fresh FM, and Star FM. NBLO has fostered a close relationship with the company. NBLO handled all legal matters arising from the sale of their various licences and continues to provide commercial advice in this area as well as general corporate law advice on their Bulgarian operations.
© New Balkans Law Office 2020