Bulgaria with its diversity and rich cultural heritage offers not only an ideal place for working, but also the perfect gateway into exploring the European continent which boasts of a well organized economy, lovely people and envious culture.
For permanent residents:
Being one of the EU’s youngest member states, Bulgaria’s perfect location on the South-eastern fringe of Europe coupled with its temperate climate and rich cultural diversity makes it a top notch location ideal for settling and investing, and the getting there is now made faster by the Investor Program for Residency and Citizenship.
Getting an accredited citizenship or residency in Bulgaria is quite easy and has been made faster, via the Investor Program for Residence and Citizenship in line with the Foreigners Act of the Republic of Bulgaria’s. Eligible candidates to be considered for this program must fulfill the following:
Foreign investors who hold permanent residence permits for a minimum of 5years, are by the Bulgarian Citizenship Act, qualified to apply for Bulgarian citizenship. But for those who prefer the formal citizenship program, they must meet the following requirements:
This investment option, completely guaranteed by the government bonds, allows the investor to make a mandatory payment of BGN1 million (€511,292) which will be invested over a period of 5years, after which the original amount would be returned to the investor with no accumulated interests.
The financed investment package comes at a pre-paid cost to potential clients seeking to influence their capitals. Applicants for this package are first expected to provide proof of worldwide assets estimated at €1million which is a prerequisite of the Bulgarian Chartered Bank, after which they invest a lesser amount which is used to finance a BGN1million (€511,292) closed 5.5 year credit. The credit is initiated and repaid at no extra costs to the investor.
Fast-track citizenship option
By doubling their investments, this package as the name implies, permits investors apply faster for citizenship or residency, having met the below criteria:
Applications for participants in the fast-track citizenship program are reviewed under swifter processes, and eligible candidates are open to choose any of the options.