The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the, To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about. Hold a second additional investment for a period of two years. The investor may apply for Bulgarian citizenship & passport at the nearest Bulgarian embassy or general consulate. Month 16 –  18 – Increasing the invested amount to approximately 1,024,000 EUR by purchasing new government bonds for 511 292 EUR followed by application for a Bulgarian citizenship and passport with the Ministry of Justice. The investment is fully guaranteed by the government bonds. Fast process to permanent residency (six to nine months); • Fast-track option allowing for citizenship within two years; • Special exemption from physical residence enforced with legislation; • No language requirements for residence or citizenship; • No obligation to relinquish current nationality; • Lowest tax rates and free trade environment within the EU. This is absolutely possible by our financed option. This could lead to your citizenship application being refused. Double the investment by purchasing €512,000 in government bonds or in the capital of a Bulgarian company that is carrying out a Priority Investment Project (as defined in the Investment Promotion Act). The "fast track option" starts at … Make Bulgaria your gateway to Europe. Visa-free access or visa-on-arrival access to 157 countries and territories. You may find on the internet different consultancy firms offering the so-called “financed option through repo deals” where the “Investor” pays a Bulgarian or foreign bank institution interest rate of 100,000 EUR to 250,000 EUR (non-refundable) to purchase Bulgarian government bonds. Attest the power of attorneys and the investment agreement. You can have a look at Advocate Vasil Markov’s overview of the Bulgarian citizenship by investment program. BENEFITS FOR PERMANENT RESIDENTS: 12, para 1, items 1, 2, 3, and 4 . If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to contact us. Bulgaria Immigrant Investor Program Become a full EU citizen through Bulgarian Fast track program Official EU citizenship by investment program Live, work, study, settle in any EU member states (Germany, Switzerland, France, Denmark etc..) The "fast track option" starts at … Under the Fast Track, the applicant must maintain the qualifying investment for two years past naturalisation. Our fees are 5 to 20 times lower than the fees charged by the “international agents” from their offices in, Fast Track Bulgarian citizenship and passport by Investment, investment of 1,024,000 EUR, applicants of all nationalities can obtain. The Bulgarian legislation allows EU and non-EU nationals to get Bulgarian passport within two years and the investment to be fully refunded at the end of this period with the accrued interest. Month 1 – The investor purchases Bulgarian government bonds and the financial intermediary issues a confirmation certificate of the purchased bonds and portfolio valuation certificate. Unrestricted right to live, work and study in Europe. You may change your cookie settings at any time. Please note however that there is no clearly defined and predictable path to citizenship through the Bulgarian “programme”. Freedom of mobility. The investor is required to maintain the investment for five years only if he/ she opts for the ordinary citizenship by investment. The requirements for this option are as follows: • Have at least one year of permanent residency status; Fast-track citizenship by marriage Traditionally, people tend to think that marrying foreign national entitled them to citizenship of their partner’s home country. Free movement within the Schengen zone after Bulgaria becomes a member state. The ideal gateway into the European economy and way of life, Bulgaria is diverse, culturally rich, and perfectly placed for working and travelling in and around the continent. A: The Bulgaria Citizenship by Investment Program provides the applicant with several investment options starting at EUR 512,000 for European citizenship and passport after five years in residency status. Children below 18 years old get Bulgarian citizenship immediately after the investor was granted Bulgarian citizenship. Why Bulgaria? Fast Track Bulgarian citizenship and passport by Investment In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria: Applicants choosing this option must deposit BGN 1 million (€511,292) in a Governmental Bond Portfolio for an investment period of five years with no further payment required. The program for obtaining Bulgarian citizenship through investment requires: – initial investment of BGN 1 000 000 (EUR 512 000), on the basis of which the investor will be entitled to receive permanent residence in Bulgaria; Explore Bulgaria dual citizenship benefits for you The fast-track option allows investors to apply for citizenship faster by doubling their investment. Reserve a date for applying for Bulgarian citizenship by investment. However, the European Commission has launched many exchange programs between the EU Universities to enable students to have easier access to study abroad. There are no requirements of physical residence in Bulgaria or fluency in the Bulgarian language for the family members. A: The Bulgaria Citizenship by Investment Program provides the applicant with several investment options starting at EUR 512,000 for European citizenship and passport after five years in residency status. To apply for Bulgaria citizenship through investment, you need to first achieve at least one year residency in Bulgaria, then deposit the minimum of BGN 1 million (€512,000) into the Bulgaria government bond program for a period of 5 years.However, you should know that there is no accrued interest for the investment but it’s an investment guaranteed by government bond. Consent by a parent who has lost his parental rights is not required. Our law firm specialises in assisting EU and non-EU nationals to obtain Bulgarian citizenship and passport by investment. The local bank will issue the confirmation certificate of the purchased bonds. Full citizenship vs residence permit (aka “golden visa”) Bulgaria is one of the only 3 EU countries with Citizenship by Investment Program. Our colleagues are fully authorized and approved by the Comoros government to handle Comoros and Saint-Lucia citizenship cases. Some countries like Bulgaria offer a fast-track to citizenship if you purchase an additional bond value. This does not apply if the applicant has been rehabilitated. 2. The investment in government bonds is fully guaranteed and secured by the Bulgarian Government. The other option, the core “fast-track” route, enables the citizenship candidate to increase its investment in bonds to a total amount of 2 million Bulgarian Lev and obtain Bulgarian citizenship in only 12 months after the permanent residency status has been granted. If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to, overview of the Bulgarian citizenship by investment program, Art. As one of the youngest EU member states, Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe. Fast Track to Citizenship. Bulgaria granted fast track citizenships to 29 investors in 2018 in exchange for investment according to the presidential decree published by Bulgarian citizenship commission.. Please contact us for the cost of financing and further details. If applying under the Fast Track, the investor holds the permit for 1 year, then makes a second qualifying investment and becomes immediately eligible for citizenship; Apply in person for Bulgarian citizenship at the Ministry of Justice in Sofia or at a Bulgarian Consulate abroad. Speak to Global Mobility experts. 18 of the Bulgarian Citizenship Act, children under 14 years of age, of whom only one of the parents is a Bulgarian citizen, can become Bulgarian citizens without the presence of the conditions, under Art. LIST OF VISA FREE TRAVEL COUNTRIES FOR BULGARIA PASSPORT HOLDERS. 12a of the Bulgarian Citizenship Act, the spouse of the main applicant can acquire Bulgarian citizenship if she/ he meets the requirements of Art. • Fast process to permanent residency (six to nine months); Citizenship applications of spouses are considered within six months. Our experienced citizenship lawyers have assisted more than 150 individuals to obtain Bulgarian citizenship and passport by investment since 2013. This site uses cookies to ensure that we give you the most relevant and refined experience. It is also one of the fastest programs to lead to residence. Unfortunately, spouses can obtain Bulgarian citizenship after holding permanent residence for five years according to Art. By continuing to browse the site, we'll assume that it is consented. Government-approved investments and available financing options from banks. Fast Track Bulgarian citizenship and passport by Investment In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. There are many, so called “golden visa” schemes in the EU, but you should make clear distinction between citizenship and residency (golden visa). Southeastern Europe, bordering the Black Sea, between Romania and Turkey, 0-14: 14.54%, 15-24: 9.73%, 25-54: 43.33%, 55-64: 13.38%, 65+: 19.03%, Bulgarian (official): 76.8%, Turkish: 8.2%, Roma: 3.8%, Other: 0.7%, Unspecified: 10.5%, Eastern Orthodox: 59.4%, Muslim: 7.8%, Other (includes Catholic, Protestant, Armenian Apostolic Orthodox and Jewish): 1.7%, None: 3.7%, Unspecified: 27.4%. 1 of the Citizenship Act (fluency in Bulgarian language is required). At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgaria Citizenship by Investment. LinkedIn You are not required to open a private account with a Bulgarian bank or buy the government bonds from the Bulgarian Stock Exchange. • Unrestricted right to live, work and study in Europe; 12 if both the parents or a living parent gives written consent for this. Find out the cost estimates for each program tailored to your family. Check the status of your citizenship application. Timeframe. Download yours. Have at least one year of permanent residency status. The citizenship candidate has to be able to prove personal net worth of at least 2 million Bulgarian Lev (equal to 1'022'584 EUR), for which amount a qualifying investment, most often Bulgarian sovereign Eurobonds, will need to be selected and purchased. The fee to process your family members is included in our fee for the main applicant. The Investor Program for Residence and Citizenship in Bulgaria helps get you there faster with the following benefits: Offered in accordance with the Foreigners in the Republic of Bulgaria Act, the Investor Program for Residence and Citizenship includes a fast-track citizenship option. The applicant needs to visit Bulgaria to apply for permanent residence with the local Migration Office. • No language requirements for residence or citizenship; No obligation to relinquish current nationality. Unfortunately, spouses can obtain Bulgarian citizenship after holding, Children below 18 years old get Bulgarian citizenship immediately after the investor was granted Bulgarian citizenship. You will get free movement, education and healthcare in EU; You will possess the Bulgarian passport which is an EU passport; You can buy properties in the entire EU and Schengen zone without any restrictions; You can open bank accounts in any EU & Schengen countries. Possess a valid passport or another foreign travel document. Double the investment after 1 year of PR and get fast tracked to citizenship. The government bonds are purchased by the bank and they remain owned by the bank. Under the express procedure, the cards are ready on the third business day following the day of application. • Free movement within the Schengen countries after acceptance; Potential applicants are advised to contact us for individual advice if they are considering this option. In other words, spouses need to hold permanent residence for five years before they can apply for Bulgarian citizenship. There are two statutory trips for each applicant at different stages of the process. To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about Bulgarian citizenship by investment 2019. Must have never been sentenced by a Bulgarian court for a capital offence or accused in criminal proceedings for such a crime (unless he/she has been rehabilitated). The legal & state fees can be paid by the acquired interest rate; You are not required to live and work in Bulgaria to apply for Bulgarian citizenship; You are not required to be fluent in Bulgarian as required by the general naturalization rules; You are not required to revoke your current citizenship; You might be sentenced in your home country and it will not count if you are rehabilitated; EU citizens may also apply for Bulgarian citizenship by investment if they hold a passport of a non-EU member country. According to Art. Schedule of obtaining Bulgarian citizenship by investment, The list of available investment projects can be found on the website of the. In accordance with the Bulgarian Citizenship Act, foreign investors who hold a permanent resident permit for at least five years are eligible to apply for Bulgarian citizenship. The interest of foreigners in recent years is attracted by the Bulgarian citizenship through investments Program and the Residence in Bulgaria through Investment Program. Provide documents supportin… The Bulgarian fast-track Citizenship by Investment program was until recently utilized mainly by citizens of countries with poor visa-free travel conveniences, such as Russia, China, India, many countries from the Middle East, South Africa and others alike. • Free state education to family members; BENEFITS FOR CITIZENS: The other two are Cyprus and Malta. • Fast-track option allowing for citizenship within two years; The Bulgarian fast-track option legal provisions ensure that the applicant’s investment receives the ultimate protection. The full investment in this case of €1,022,584 can be financed at €270,000. The investor may sell the government bonds two years after the citizenship was granted. Scout out opportunities for a new life for you and your family in Bulgaria. The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the Bulgarian Stock Exchange. See the power of global mobility for each passport. Fast-track Bulgarian Citizenship by investment If the investor doubles the investment in Year 2, he/ she will qualify under the fast track Bulgarian citizenship program and may obtain Bulgarian citizenship and passport within 18 months of making the first investment. | Legal Notes | Site Map | Bulgarian Citizenship Fast Track | Bulgarian Companies | Tax residence of Bulgaria | Contact | 通過投資獲得保加利亞公民身份 | How to buy a property in Bulgaria | Accounting services in Bulgaria | Buying a property in Plovdiv | 購買保加利亞房產 | 在保加利亞購買房產須知 At the gateway of Europe. The investor may purchase Bulgarian government bonds from his/ her local bank abroad. | Hand Sanitizer Producer in Europe | Brokers traps to avoid when buying a real estate in Bulgaria | Антибактериален дезинфектант | Antibacterial Hand gel The Bulgarian Citizenship by Investment Your straightforward route to acquiring EU Citizenship for the entire family with freedom to live, work and study in any of the 28 EU countries in just 2 years via the fast-track option. The list of available investment projects can be found on the website of the Bulgarian Investment Agency. Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. Ranked as the best citizenship by investment program in the European Union. 12a of the Bulgarian Citizenship Act, Art. Excellent choice is the citizenship of Dominica or St. Lucia. You may apply for the issuance of a Bulgarian passport at the local branches of the Ministry of Interior in Bulgaria or at the nearest Bulgarian embassy or general consulate. According to Art. Advocate Markov is a member of the Investment Migration Council, the worldwide association for investor migration and citizenship by investment, a premier organization that guarantees services of the highest standard. 25 (1) of the Foreigners of the Republic of Bulgaria Act “Permit for permanent residence may be obtained by the foreigners who: have invested over BGN 1 000 000 or increased their investment by this amount by acquisition of: (b) bonds and treasury bills, as well as derivative instruments issued by the State or municipaliti… Bulgarian Citizenship by Investment | Posolstvo.eu Is there a way to obtain Bulgarian citizenship and EU passport under a fast track program? Do you receive our monthly Global Citizen Newswire? The certificate should be legalized before it is forwarded to us. For the most part, applicants are only interested in the fast-track to a European passport, so we’d understand if you mistook it for a regular CBI program. Fast-track option for citizenship within two years. The Bulgarian Investor visa is usually granted within 30 business days. Access to high-quality health care in Bulgaria and the EU. Compare the different programs side by side and examine their features. RSS, Our law firm specialises in assisting EU and non-EU nationals to obtain Bulgarian citizenship and passport by investment. A fast track option to receiving citizenship status is possible by doubling the initial investment amount. Our success rate is much higher than the success rate of the “international agents”, who are often “lost in the translation”, before they eventually reach us. in Bulgaria The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) It is also one of the fastest programs to lead to residence.To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria: 1. Bulgaria has one of the most compelling citizenship by investment programs worldwide. • Government-approved investment; The requirements for those who opt for the regular program are as follows: Investors will need to file a citizenship application and pass medical tests in their current country of residence. The fee to process dependents is included in our fee for the main applicant. Usually presented as a citizenship by investment program, Bulgaria actually offers a residence by investment program with a fast-track option for citizenship. Unfortunately, children above 18 years old may apply for, You may find on the internet different consultancy firms offering the so-called “financed option through repo deals” where the “Investor” pays a Bulgarian or foreign bank institution interest rate of 100,000 EUR to 250,000 EUR (non-refundable) to purchase. Be a non-EU citizen. Clients can leverage their capital by choosing to finance the required investment amount through a European bank. What does the “Fast-track” program for acquiring Bulgarian citizenship through investment entail? New applications are welcomed and decrees are issued regardless of widespread rumours that the program will stop. We may file the citizenship applications for the family members once the investor’s application is approved and Bulgarian citizenship and passport granted. 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