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Bulgaria's startup visa is expected to draw fresh capital

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The startup visa, which will be introduced in Bulgaria soon, is expected to attract more foreign investors. A number of countries showed interest in the startup visa only several days after it formally became part of the Bulgarian legislation

It will allow entrepreneurs from non-EU countries to start a business in Bulgaria. Thus, Bulgaria will draw fresh financial and intellectual capital, said for Economic.bg Dobromir Ivanov, CEO of the Bulgarian Startup Association (BESCO). BESCO expects that neighboring countries such as Turkey and the Republic of North Macedonia, as well as Albania and Ukraine, will be the first to benefit from the new visa. Requests have already been filed from the United Kingdom.

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