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What should investors expect with Bulgaria’s CBI program?

Recently I heard a lot about the Bulgarian government’s plan to end its CBI program. What are the latest updates? When should investors expect this to happen? I want to participate in the program, but I am worried that the uncertain future of it might put my money at risk.


Answers
  • Vasilev – Dobrinov & Associates
    February 14, 2019

    The Bulgarian CBI program has not been amended in any way. We are working with the authorities to eventually suggest improvements to the law, which are indeed, at the moment, simply "too favorable" compared to the other EU CBI programs. In all cases, your investment will never be at-risk as you will never part with it. It always remains on your account.