Requirements for citizenship application:

 

  • Foreign investor who hold a permanent residence permit for one year and who had increase his investment (as per the aforementioned investment requirements)
  • Must be 18 years old
  • Must not be convicted by a Bulgarian court and no criminal procedures have been initiated

 

Note: the applicant under this program is not required to certify sufficient knowledge of Bulgarian language. Further, during the term of residence, the investor is not bound to stay within Bulgaria for more than 183 days per year.

 

 

Government fees

 

  • Application fee for permanent residency: BGN 1,010 (approximately EUR 510)
  • Application fee for citizenship: BGN 1,100 (approximately EUR 550)

 

 

You will find more information in the official website of Bulgaria’s Ministry of Interior Migration Directorate.

 

Please do not hesitate to contact us for more details regarding our services and fees.

 

Benefits

 

  • Unrestricted right to live, work and study in Europe
  • Visa-free travel or visa-on-arrival travel to more than 100 non-EU countries
  • Right to own real estates in Bulgaria and other members of the EU
  • Various rights to access the education systems of Bulgaria and the member states of the EU (including to pay fees at “home/EU” rates at institutions of higher and further education, to receive student loans and financial assistance)
  • Entitled to other rights vested upon a citizen of the EU.
  • Investor shall be allowed to keep his/her previous citizenship and thus obtain second passport.

 

Procedure

 

  • File and submit the application forms and pay the fees.
  • Proceed to the scheduled appointment at the Bulgarian Consulate to sign the documents
  • Make the investment and secure an investment certificate from the Bulgarian Investment Agency.
  • Secure Visa D from the corresponding Bulgarian Embassy of your home country.
  • Apply for Permanent Residence Permit at the Migration Department of the Ministry of Interior.
  • Apply for Bulgarian Permanent Residence Card.

 

General information and advantages

 

  • Bulgaria is an industrialized upper-middle-income country according to the World Bank.
  • It is amongst the lowest tax rates in the European Union.
  • The cost of living is very affordable.
  • It is a safe country.
  • It is rich in culture and tradition.

Eligibility:

 

  • Non-European Union Citizen with a valid passport or equivalent identification document

 

 

Investments Requirements under the fast-track program

 

  • Initial Investment of at least BGN 1,000,000 for the first time
  • After becoming a permanent resident, increase the investment on the same legal terms by another BGN 1,000,000

 

• Bulgarian Citizenship: Fast-track Program

Bulgaria, officially the Republic of Bulgaria, is a country in the Balkans on the Western side of the Black Sea. It is bordered by Romania to the North, Serbia and Macedonia to the West, Greece and Turkey to the South and the Black Sea to the East. Being located close to the Turkish Straits means the key land routes from Europe to Middle East and Asia pass through Bulgaria. With an area of 110,994 km2., it is considered as the 16th largest country in Europe.

 

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Investment Options

 

The initial investment of BGN 1,000,000 and the increase of investment by another BGN 1,000,000 may be done by obtaining:

 

  • Shares of Bulgarian commerce companies, traded on a regulated Bulgarian market
  • Bonds and treasury bills, as well as derivative instruments thereof, issued by the State or the municipalities, with at least six (6) months to one (1) year maturity
  • Property on a separate part of the possessions of a Bulgarian commerce company, with more than 50% state or municipality property of the capital pursuant to the Bulgarian Privatization and Post-Privatization act
  • Quotas or shares of the capital of a Bulgarian commerce company, property of the State or municipality, pursuant to the Bulgarian Privatization and Post-privatization act
  • Intellectual property

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• Bulgarian Citizenship: Fast-track Program

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