Bulgaria Residency Program

Bulgaria is a true European up-and-comer, having usurped many better-known EU countries as an affordable but happening holiday destination and location for investors to work and play. Although the Black Sea coast offers no shortage of natural and recreational attractions, its focal point is undoubtedly the thriving resort of Sunny Beach, where residents and holidaymakers alike can enjoy the same high standard of hospitality that one would expect from the continent’s much better-established destinations. Bulgaria has a proud heritage, as demonstrated by historical sites like the UNESCO-protected Nessebar, while the relaxed seaside town of Obzor caters for those seeking a quieter life.

Quickly become a resident of this emerging EU power

Invitations for Bulgarian citizenship by investment have been open since 2009. There are no language requirements for residence or citizenship, and one of two approaches can be taken: investment into a Bulgarian government bonds portfolio or investment into a business opportunity.

  • Fast process to residency of six to nine months
  • Fast-track option for citizenship within two years
  • Special exemption from physical residence, enforced with legislation
  • No obligation to relinquish current nationality
  • Minimum investment of one million BGN (approx. €500,000) or more
  • Applicant should have no criminal record

Your citizenship by investment options in Bulgaria

Full investment

Applicants are required to deposit a minimum of one million BGN – around €500,000 – in a government bond portfolio for a five-year investment period, with no additional payment needed. When this five-year period concludes, the full one million BGN amount will be returned to the investor without any accrued interest. The government bonds fully guarantee this investment.

Financed investment

Clients can leverage their capital by having the required investment amount financed through a European bank. Please get in touch with us for more information about this option, including the cost of financing.

What are the requirements for Bulgarian citizenship?

According to the Bulgarian Citizenship Act, foreign investors holding a permanent resident permit for a minimum of five years are permitted to make a Bulgarian citizenship application. Applicants through the regular program must:

  • Be over 18 years old
  • Have maintained the status of a permanent resident and a valid residential address for the last five years
  • Have never been sentenced by a Bulgarian court for a capital offence or accused in criminal proceedings for such a crime, unless they have been rehabilitated.

Investors are required to file an application for citizenship and pass medical tests in the country in which they presently reside.

What are the requirements for fast-track citizenship?

Applicants doubling their investment are able to take advantage of fast-track citizenship, provided that they:

  • Have a minimum of one year of permanent residency status
  • Double their investment by putting €512,000 in government bonds or in the capital of a Bulgarian company that is undertaking a Priority Investment Project, as defined in the Investment Promotion Act
  • Hold second additional investment for no fewer than two years

Qualified applicants also have access to financing options. Citizenship applications for fast-track citizenship program participants are examined under express procedure.

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Program Facts

  • Donate €350,000 or invest €1.1m
  • EU Citizenship/Passport in 2
  • All Children of All ages can be included
  • Two short visits to Sofia required
  • No Language test or property purchase required, lowest tax rate in EU
  • No Physical residency needed. (You don't need to live or move there)
  • Visit 160 Countries visa free, live, work, reside anywhere in the EU

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