Nevena advises privately owned businesses, founders, families, and investors across diverse industries, providing legal guidance on corporate governance, regulatory compliance, and strategic growth.

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.

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

  • Venture Capital

    Bulgaria has become increasingly attractive to venture and technology growth investors. NBLO is proud to have been part of this process from the beginning. We hosted Bulgaria’s first large conference on venture capital in 2010. We have since worked with a number of local and international funds. We are also early members of the Bulgarian […]

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  • Private Companies

    Advising privately owned companies is a core part of our corporate and commercial practice. We work closely with founders, families, and long-term investors across a wide range of industries, providing legal guidance that supports sound governance and sustainable growth. Our lawyers have extensive experience assisting private companies on both domestic and cross-border matters, including incorporations, […]

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  • Corporate and M&A

    Overview Corporate and M&A work is central to our practice, supporting clients through complex commercial change and strategic business decisions. We advise corporate groups, founders, financial investors and management teams on a wide spectrum of matters, including company reorganisations, strategic investments, acquisitions and disposals, and joint ventures. Our approach is grounded in an understanding of […]

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  • Intellectual Property

    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 […]

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  • Startup Visa

    Bulgaria has introduced a startup visa. The provision is not yet in force but is expected to be shortly. Once in force, entrepreneurs keen to make use of it will still need to await the publication of regulations to be developed by a newly-created government agency. This page covers in more detail: What the start-up visa […]

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  • Business Immigration

    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 […]

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  • 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 […]

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  • Blockchain and Cryptocurrency

    Why Bulgaria Bulgaria has established itself as a practical and efficient base for crypto and blockchain businesses seeking access to the European Union market. Companies incorporated in Bulgaria benefit from EU market access while operating in a jurisdiction known for competitive costs and a technology-friendly environment. Regulatory oversight in Bulgaria is structured and transparent. Authorities […]

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  • How to Open a Bank Account in Bulgaria as a Foreign Business

    In this article, we provide an overview of the criterion that overseas incorporated businesses must generally fulfil in order to open a bank account in Bulgaria. We have restricted our analysis to organisations that are structured as companies or corporations in their home jurisdiction. Although Bulgarian law tends to recognise the legal forms of other […]

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  • How to Prepare Your Business for the Introduction of the Euro in the Company Registry

    As Bulgaria adopts the euro on 1 January 2026, businesses must take important steps to update their records in the Company Registry and the Register of Non-Profit Legal Entities. Proper preparation will help your company remain fully compliant and avoid potential administrative delays. Automatic Revaluation of Company Capital In January 2026, the Registry Agency will […]

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  • How to Qualify for Bulgaria’s Digital Nomad Visa: A Legal Overview

    Starting in 2025, Bulgaria has introduced legislation that allows digital nomads to live and work in the country. This digital nomad visa opens opportunities for employees, entrepreneurs, and freelancers who want the flexibility of remote work while enjoying Bulgaria’s affordable lifestyle, rich culture, and modern infrastructure. Understanding the application requirements is key to a smooth […]

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  • ICT Service Arrangements under DORA: Contractual Requirements

    In today’s financial sector, technology underpins almost everything. Whether managing customer data, processing transactions, or safeguarding critical systems, financial institutions rely on ICT service providers as trusted partners. For that partnership to work, the contract at its heart must be clear, comprehensive, and robust. It should leave no room for doubt about who is responsible […]

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  • Establishing a Business in Bulgaria: A Practical Route to Schengen Residence for Company Owners

    For entrepreneurs seeking a strategic European base, Bulgaria offers a compelling combination of low corporate tax, affordable labour, and a supportive business environment. Beyond these financial advantages, the country also provides a clear pathway to residence for company owners who contribute directly to the local economy. This article examines the benefits of doing business in […]

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  • Unified Residence and Work Permit in Bulgaria for Non-EU Workers

    The Unified Residence and Work Permit is a type of permit that allows foreigners from third (non-EU) countries to reside legally in Bulgaria on the basis of an employment contract with a Bulgarian employer. Unlike the EU Blue Card, it does not require the applicant to be a high-skilled or qualified individual.  The URWR is […]

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  • Bulgaria Residence by Investment: Benefits of Open-Ended Funds

    Bulgaria Residence by Investment (RBI) program provides a combination of flexibility, EU membership, and financial incentives. It is considered by investors as a competitive option among the various RBI programs available in Europe. Why Choose Bulgaria? As a fully integrated member of the European Union since 2007 and now part of the Schengen Area, Bulgaria […]

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  • Bulgaria’s Digital Nomad Visa: A New Route for Remote Workers

    As of last Friday (27 June 2025), Bulgaria has officially introduced a new legal framework allowing digital nomads from third countries to reside in the country while working remotely. This long-anticipated move places Bulgaria among the growing number of countries offering a digital nomad visa, making it a serious contender for remote professionals seeking a […]

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  • Understanding Bulgarian Temporary and Permanent Residence

    Bulgaria offers two main types of residence permits for non-EU citizens: Bulgarian temporary residence and Bulgarian permanent residence. These options cater to different needs and durations of stay, with distinct benefits and obligations. Bulgarian Temporary Residence Bulgarian temporary residence permits are issued for specific purposes such as work, study, or family reunification. They are valid […]

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  • The Right of First Refusal in Bulgarian corporate law

    A Right of First Refusal (ROFR) gives existing shareholders or a company the first opportunity to purchase shares or assets before the owner can sell them to a third party and prohibits the seller from subsequently selling the asset to a third party on better terms than those offered to existing shareholders.  Such rights are […]

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  • Investment in a limited liability company as a way to Bulgarian Permanent Residence

    In 2013 several investment-related routes were introduced in Bulgarian nationality law. These allow an investor to obtain Permanent Residence. 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. 50 applicants have qualified on this basis. Qualifying investment To […]

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© New Balkans Law Office 2026

The Bulgarian and dual-qualified lawyers of New Balkans Law Office are regulated by the respective Bar of their registration. New Balkans Law Office is a brand name of Legal Services EOOD, a company registered under Bulgarian law. Reg’d No. 202331677. Further details are available here.

© New Balkans Law Office 2026