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You don't need a local bank account opened, just proof that you have funds with any.
For the income in Bulgaria, it depends on what...
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As EU citizen you can easily register for 5 year residence permit in Bulgaria. All you need is a 1 year rental contract (with notarized...
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Bulgaria has been in Schengen since this year and has a favorable DTT with UAE (place of incorporation as opposed to place of effective...