Timeline to get Bulgarian Citizenship by Investment

How long does it take to get Bulgarian citizenship by investment

Last Updated on November 26, 2023 by Bulgarian Citizenship Team

This article presents a sample timeline for obtaining Bulgarian citizenship by investment in a Bulgarian AIF in 2023, outlining the process in distinct phases and specifying the timeframes for each step as follows:

Step 1 – Pre-approval Stage

The pre-approval stage typically spans a duration of 4 to 6 weeks following the submission of the application to the Investment Agency. During this stage, a specific set of documents must be prepared, with some of these documents being subsequently utilized for the D visa and permanent residency applications.

Step 2 – Investor D visa

After making the investment and receiving the investment certificate issued by the Investment Agency, the investor is required to apply for a D visa. The issuance of the investment certificate typically takes 2 weeks, and the processing time for the D visa application is approximately 30 business days.

Step 3 – Permanent residency

Applications for permanent residency are typically processed within 2 months from the date of submission. The investor is required to schedule a one-business-day visit to Bulgaria to file the application with the local Migration Office, as remote applications are not permitted. After the permanent residency application is approved, the investor must return to Bulgaria for a photography session, and the residency card is typically issued the following day.

Step 4 – Bulgarian citizenship

To be eligible for Bulgarian citizenship through investment, the investor must maintain their investment for a period of 5 years and successfully pass a language test before submitting a citizenship application. Citizenship applications based on investment are typically processed within a 12-month timeframe.

FAQs:

How long does it take to get Bulgarian citizenship by investment?

The time to citizenship will be around 72 months including 5 years on permanent residency as required by the Citizenship Act. 

Tags

top