Startup visas incentives for digital nomads and more
scale-up companies included in the recovery plan of
EU
Introduction of a clear procedure for startup visas, incentives
for Bulgaria to become a destination for digital nomadism, more
” scale-up companies ” – all these reforms for
improving of the business environment in high-tech companies are
set in the latest version of the draft National recovery plan.
Startup visa
The introduction of a startup visa took place in February this
year with the adopted changes in the law on foreigners in Bulgaria,
but the ordinance for its issuance is still under process. The law
stipulates that long-term residence permits can be obtained by
those foreigners who have a certificate issued by the Ministry of
Economy for a high-tech and/or innovative project called a
“startup visa” and after issuing a long-term visa they
have become shareholders in a Bulgarian commercial company with
ownership of not less than 50 percent of the
