Bulgarian citizenship on the basis of investment

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.

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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:

  • money can be invested in a local business where 10 or more citizens are officially employed (being the holder of 50% of the authorized capital), the minimum amount is 257 thousand euros
  • buy equities/shares of the country's investment funds, rights under concession agreements, exchange, venture and hedge funds in the amount of 512 thousand euros. Bonds are invested for a period of 5 years. Under the terms of the deal, no interest is paid to the investor. The refund of the amount after the period is guaranteed by the Government of Bulgaria.
  • restoration of state real estate and other certified projects (the amount of funding is determined individually)

To obtain citizenship by investment, a foreigner needs the following documents:

  • certificate of investment;
  • visa D;
  • certificate of clen criminal record in the country of residence;
  • confirmation of legality of invested funds.

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:

  • hold investments during the whole five years being a resident
  • have no criminal record and not be under investigation in Bulgaria
  • prove the availability of income, which is enough to support all family members

The spouse and minor dependents can obtain permanent residence in Bulgaria together with the investor. They also apply for citizenship under a simplified procedure:

  • children — right after the investor becomes a citizen of Bulgariaсразу
  • spouse — 3 years after receiving permanent residence and after the investor becomes a citizen of Bulgaria.

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.

Bulgarian citizenship on the basis of investment Bulgarian citizenship on the basis of investment Bulgarian citizenship on the basis of investment Bulgarian citizenship on the basis of investment

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