Bulgaria Citizenship by Investment
BULGARIA PERMANENT CITIZENSHIP:
- €512,000 towards Permanent Residency Program by investing into a choice of fund vehicles.
- €1,024,000 investment for Fast-track to citizenship in 18 months
- After residency has been approved, Applicants will become eligible for citizenship
- Bulgarian residency Holders can apply for citizenship after 5 years
- Full family residency
- Flexible. No requirement to reside
- No language requirement
- Investment can be liquidated after 5 years
- Visa-free access to 188 countries and territories.
- Have at least one year of permanent residency status before applying for citizenship
- Maintain permanent resident status and a valid residential address for 5 years.
- Must have never been sentenced by a Bulgarian court for a capital offence or accused in criminal proceedings for such a crime
- Investors will need to file a citizenship application and pass medical tests in their current country of residence.
- Citizenship can be acquired by birth, by descent, by naturalization, by special contribution to Bulgarian State, and on grounds including investment
- Citizenship by birth: Birth within the territory of Bulgaria does not automatically confer citizenship. The exception is a child born in Bulgaria to unknown or stateless parents.
- Citizenship by descent: Child, at least one of whose parents is a citizen of Bulgaria, regardless of the country of birth.
- Citizenship by naturalization: Bulgarian citizenship may be acquired upon fulfillment of the following condition: Person has resided legally in Bulgaria for at least five years as a Permanent Resident.
- Citizenship through special merits through contributions towards art, science, philanthropists, etc., interests of Bulgaria
- Voluntary renunciation of Bulgarian citizenship is permitted by law
WHY BULGARIA:
- Oldest country in Europe
- EU Member,Nato member, United Nations, Word Trade Organization
- Founding State of the OSCE
- Soon to be in the Schengen zone
- Lowest taxation in EU and special exemption for immigration through investment applicants.
- Ease of movement through EU Countries
- Access to High Quality health care in the EU
- Conditional tax exemption on world income
- High standard of Goods and services
- Free education and medical system throughout EU.
- Home authorities are not notified of Bulgarian Citizenship
- Free-Trade environment within EU
- Privilege of applying to citizenship after 5 years
- No obligation to relinquish current nationality
- Visa Free Access to 188 countries and territories
- Diverse Culture
- Temperate Climate
- Ideal Location in Southern Europe
- Industrialized upper middle income
- Leading European producer of copper and zinc
- Affordable cost of living
- No Language requirements
- Special exemption from physical residence enforced with legislation
- No required visits during or after the application
- Touristic destination
- High HDI
- Adequate GDP
- 130 paved runway airports in Bulgaria
ABOUT BULGARIA:
- Official Name: Republic of Bulgaria (Republika Bŭlgariya)
- Form of Government: Unitary Parliamentary Republic
- Capital: Sofia
- Population: 7 million
- Official Language: Bulgarian - Small % of Turkish
- Currency: Bulgarian LEV(BGN)/ Euro
- Area: 110,994 km2
- Education: Bulgarian- Primary education to Upper Secondary education - Compulsory from ages 7 to 16
- Culture: Bulgarian - grounded on Eastern Orthodox Church Influence - Interesting Blend of Thracian Slavic and Bulgar Traditions
- Environment: Mountainous, plains, Black Sea Coast ,rivers and lakes
- Health Care:Mixed public-private Healthcare financing system. - Does not meet the standards of most western European countries - Poor health infrastructure, poor hospital and clinic conditions
- Taxation: Flat rate of 10% - Value added tax at flat rate of 20% on virtually goods.
- Tourism: Oldest country in Europe, Millions of tourists visit Bulgaria, historical heritage
- Weather: Temperate-continental Climate- Hot summers, Cold winters
- Politics: Stable Political Parliamentary Democracy
- Schengen: Not a member
- Religion: Eastern Orthodox Christianity - Small Percentage of Roman Catholic and Protestants.
QUALIFICATION & INVESTMENT CRITERIA:
A.18 Months Fast Track Citizenship- € 1,024,000 investment under the same conditions as permanent Residency
- BGN 1 million minimum investment in the capital of a Bulgarian company by creating 20 new jobs
- Permanent residency Holders are eligible to apply for Citizenship by naturalization after 5 years
- Not been sentenced by a Bulgarian court for a premeditated crime of a general nature
- Has an income and occupation enabling self-support in the Republic of Bulgaria;
- A command of the Bulgarian language subject to verification in accordance with a procedure established by an order of the Minister of Education and Culture
