Bulgaria is an ideal gateway to the European economy and lifestyle. With its rich and diverse culture and superior geographical location, it is the best choice for working and traveling in Europe.
This program is currently closed to new applications, please contact us for more details.
Why Bulgaria?
As a new EU member state, Bulgaria has a rich and diverse culture, a temperate climate, and is located in a favorable area of Southeast Europe. Our investment residence and investment citizenship programs can help you realize the following benefits faster:
Fast-track residency application process (6-9 months).
Applicants who choose fast-track naturalization can expect to obtain citizenship within two years.
Special exemptions from the statutory physical residence requirement for naturalization.
You can choose between government-guaranteed investment and bank financing;
No language requirement.
No need to renounce current nationality.
The EU has the lowest tax rate and free trade environment.
Permanent resident advantages:
After Bulgaria joins the Schengen Agreement, it can travel freely in Schengen countries
Access to high-quality healthcare systems in Bulgaria and the EU
Conditional tax exemption on worldwide income
Citizenship advantages:
Unlimited right to reside, work and study in Europe
Land ownership in EU countries
Bulgarian Citizenship by Investment Eligibility
We offer investors a residency and citizenship investment program in accordance with the Bulgarian Act on Aliens in the Republic of Bulgaria; this program includes a fast-track naturalization option. It is also one of the fastest programs to obtain residency.
In order to obtain residency or naturalization, applicants must fulfill one of the following investment options in addition to meeting the following conditions:
Non-EU citizens.
Hold a valid passport or other international travel document.
Documents that can prove the source of investment funds.
No criminal records.
Entrustment certificate and investment agreement.
Meet the legal minimum number of trips to Bulgaria.
Bulgaria investment options
The following investment options are now available, subject to meeting the corresponding conditions:
Capital injection of BGN 500,000 (EUR 255,646) into a Bulgarian company through acquisition of tangible or intangible assets and creation of 10 or more jobs for Bulgarian citizens; justification of the reasons for maintaining the foreigner's permit and investment to the Ministry of Economy
Invest 1 million levs in a collective investment scheme or alternative investment fund licensed and registered by the Financial Supervision Commission (in both cases, minimum net asset value requirements apply), whose investment strategy is mainly in Bulgarian companies and invests only in the assets and/or bonds of Bulgarian companies, including special purpose investment vehicles
Invest 1 million levs in a collective investment scheme or alternative investment fund licensed and registered by the Financial Supervision Commission (in both cases, minimum net asset value requirements apply), whose investment strategy is mainly in Bulgarian companies and invests only in the assets and/or bonds of Bulgarian companies, including special purpose investment vehicles
Investment of BGN 2 million in shares of Bulgarian listed companies in priority investment projects certified under the Investment Promotion Law and verified by the Ministry of Economy, or in shares or bonds of Bulgarian companies traded on the Bulgarian regulated market or multilateral trading institutions
Capital injection of 6 million levs into a private company in Bulgaria
The requirement to maintain the investment for at least 5 years remains in place.
Fast-track naturalization conditions
The fast track naturalization option allows investors to quickly complete the naturalization application process by doubling their investment. The requirements for this option are as follows:
One year has passed since you were granted permanent residency.
double the original investment amount (€512,000) under the same conditions as the original investment; or
Inject a capital contribution of at least BGN 1 million into a Bulgarian company that is certified under the Investment Promotion Law and certified as a priority investment project by the Ministry of Economy; or
The investor invests at least $1 million in a company and creates at least 20 new jobs.
Naturalization conditions
According to the Bulgarian Citizenship Act, foreign investors who have held a permanent residence permit for five years are eligible to apply for Bulgarian citizenship. Applicants who choose the regular program should meet the following requirements:
Aged 18 or above.
Have had permanent residency and a valid residential address for the past five years.
Has never been convicted of a capital crime by any court in Bulgaria, nor has he or she been criminally charged with such a crime (unless his or her reputation has been rehabilitated).
Investors are required to apply for naturalization and pass a medical examination in their country of residence.
population growth | -0.60% |
GDP per capita | $20,100 |
Purchasing power per capita | US$143.1 billion (2013) |
Passport visa-free countries | 170 |
Location
Southeast Europe, Black Sea coast, between Romania and Türkiye
capital
Sofia
jet lag
UTC+2
National Land area
110,879 square kilometers
Age Demographics
0-14 : 14.54%
15-24 : 9.73%
25-54 : 43.33%
55-64 : 13.38%
65+ : 19.03%
official language
Bulgarian (official language): 76.8%, Turkish: 8.2%, Romanian: 3.8%, Other: 0.7%, Unspecified: 10.5%
Religious beliefs
Orthodox: 59.4%, Islam: 7.8%, Other (including Catholicism, Protestantism, Armenian Apostolic Orthodoxy, and Judaism): 1.7%, No religion: 3.7%, Unspecified: 27.4%
politics
Parliamentary republic
currency
Bulgarian Lev (BGN), pegged to the Euro
exchange rate
1 Euro = 1.95583 Bulgarian Lev
Questions and Answers
FAQ 1: Can I study in other EU countries as a holder of Bulgarian permanent residence?
Yes, but you will be classified as an international student and will need to pay additional tuition fees. However, the European Commission has launched a number of exchange programs between EU universities to facilitate students' choice of studying abroad.
FAQ 2: How many times do I have to travel to Bulgaria?
FAQ 3: How long will it take for me to get my Bulgarian ID card?
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