Bulgarian Citizenship by Investment
The Bulgarian Citizenship Investor Program is attractive opportunity for foreign investors and wealthy individuals to enjoy visa-free access or visa-on-arrival access to 157 countries and territories, Bulgarian citizenship for the family members and many other benefits.
Our law firm specialises in assisting EU and third country nationals in obtaining Bulgarian citizenship by investment in certified government investment projects (projects in tourism, industry and local development are available) or in Government bonds. The investment in government bonds is fully guaranteed and secured by the Bulgarian Government. After five years, the invested amount is refunded to the investor without accrued interest.
The list of available investment projects can be found on the website of the Bulgarian Investment Agency.
Fast Track Bulgarian Citizenship Program
In exchange for a safe and state-guaranteed investment of approximately 1,024,000 EUR to be returned at the end of the process, applicants from all nationalities can obtain Bulgarian permanent resident permit and Bulgarian citizenship with only two visits to Bulgaria (and a modest
20,000 EUR 15,000 EUR processing fee paid in instalments at each accomplished step. Our fee to start a case is 5,000 EUR, then 5,000 EUR on obtaining permanent residence card, and final payment of 5,000 EUR on receiving Bulgarian citizenship and passport). Maintaining the investment for 5-years you will get a lifetime Bulgarian citizenship and passport for the entire family in 18 months.
The Bulgarian Investor Citizenship Program requires the applicant to invest approx. 512,000 € in Year 1 and increase the investment to approx. 1,024,000 € in Year 2. These investments are best utilized through the purchase of government bonds.
Schedule of obtaining Bulgarian Citizenship by Investment in Government Bonds
Month 1 – Application for the opening of a bank account with the serving Bank and purchase of government bonds for approx. 512,000 € & preparation of the set of Bulgarian Investor D Visa application documents;
Month 2 – Applying for an Investor Visa D;
Month 3 – 4 – Applying for a permanent residency by investment;
Month 4 – 6 – Collection of the permanent residence card.
Month 11 – Increasing the invested amount to approx. 1,024,000 € by purchasing new government bonds for 512,000 €;
Month 16 – 18 – Application for a Bulgarian Citizenship by Investment. The President of Bulgaria issues a decree approving your citizenship application;
Month 24 – Family members can apply for Bulgarian citizenship.
- FAST-TRACK CITIZENSHIP OPTION
The fast-track option allows investors to apply for citizenship faster by doubling their investment. The requirements for this option are as follows:
• Have at least one year of permanent residency status;
• Double your investment in bonds;
• Hold both investments for a period of at least two years after citizenship is granted.
Financing options are available to qualified applicants. Citizenship applications for participants in the fast-track citizenship program are examined under express procedure.
- Visa Free Countries
LIST OF VISA FREE TRAVEL COUNTRIES FOR BULGARIA PASSPORT HOLDERS
Visa-free access or visa-on-arrival access to 157 countries and territories.
AFRICA: Botswana, Comoros, Djibouti, Egypt, Gambia, Kenya, Madagascar, Mauritius, Mauritania, Mayotte, Morocco, Mozambique, Reunion, Seychelles, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Somalia, Somaliland, Burundi, Cape Verde, Guinea-Bissau, Mali
AMERICAS: Anguilla, Antigua & Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, , Cayman Islands, Columbia, Costa Rica, Curacao, Chile, Dominica, Dominican Republic, Ecuador, El Salvador, Falkland Islands, French Guiana, French West Indies, Greenland, Grenada, , Guatemala, Haiti, Honduras, Jamaica, Margarita Island, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, St Kitts & Nevis, St Lucia, St Martin, St Pierre & Miquelon, St Vincent, Trinidad & Tobago, Turks & Caicos Island, Uruguay, Venezuela
ASIA: Armenia, Bangladesh, Brunei, Cambodia, Georgia, Hong Kong, Indonesia, Iran, Israel, Japan, Jordan, Kyrgyzstan, Laos, Lebanon, Macau, Malaysia, Maldives, Mongolia, Nepal, Oman, Palestine, Philippines, Sabah, Sarawak, Singapore, Taiwan, Tajikistan, Thailand, South Korea, Timor Leste, Bahrain, Kuwait, United Arab Emirates, Iraqi Kurdistan, Kish Islands, Phú Quốc
EUROPE: Albania, Andorra, Austria, Belgium, Bosnia & Herzegovina, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Turkish Republic of Northern Cyprus, Ukraine, United Kingdom, Vatican City
OCEANIA: Cook Islands, Micronesia, Fiji, French Polynesia, Kiribati, Marshall Islands, New Caledonia, New Zealand, Niue, Palau, New Guinea, Pitcairn Islands, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu, Wallis & Futuna
• Please note that this list is subject to change and so kindly confirm the information before planning any trip.
- Benefits of Bulgarian Citizenship
• Fast process to permanent residency (six to nine months);
• Fast-track option allowing for citizenship within two years;
• Special exemption from physical residence enforced with legislation;
• Government-approved investment;
• No language requirements for residence or citizenship;
• No obligation to relinquish current nationality;
• Lowest tax rates and free trade environment within the EU.
BENEFITS FOR PERMANENT RESIDENTS:
• Free movement within the Schengen countries after acceptance;
• Access to high quality healthcare in Bulgaria and the EU;
• Free state education to family members;
BENEFITS FOR CITIZENS:
• Unrestricted right to live, work and study in Europe;
• Right to own land in a EU country;
• Becoming a Bulgarian tax resident and pay only 10% flat tax rate on your worldwide income.
If you have any queries regarding investment and Bulgarian citizenship, please do not hesitate to contact us.