The Bulgarian investment program offers an acceptable way to obtain EU citizenship for the whole family - obtaining a passport in 6 years through the investment of half a million euros.
The key aspect of the program is obtaining a residence permit in just 4-6 months after investing the funds.
No residency requirements, no renunciation of primary citizenship, no language tests. The return on investment is the lowest among the EU countries. Compared to other countries, Bulgaria offers investors quite loyal conditions for official activities, one of the lowest taxes and great prospects for further development.
Starting from 2021, there are updated conditions for obtaining Bulgarian citizenship by investment:
To obtain citizenship by investment, a foreigner needs the following documents:
Under the standard procedure, after 5 years, the applicant can apply for Bulgarian citizenship. With an accelerated procedure - a year later, after doubling the investment. However, first you need to obtain permanent residence in Bulgaria.
The investor must meet several conditions. Namely:
The spouse and minor dependents can obtain permanent residence in Bulgaria together with the investor. They also apply for citizenship under a simplified procedure:
The accelerated procedure allows to apply for citizenship one year after receiving permanent residence. To take advantage of the accelerated procedure for applying for citizenship, an investor needs to double the investment in a year: increase their amount to 1 million leva and create 20 work places.
Absolutely all investments are returnable: you remain the owner of the investment object, and after receiving a passport, you can easily sell your assets. Moreover, you have the right to invest in several directions at once, all investments are as safe as possible.