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.
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.
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.
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.
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:
Investors are required to file an application for citizenship and pass medical tests in the country in which they presently reside.
Applicants doubling their investment are able to take advantage of fast-track citizenship, provided that they:
Qualified applicants also have access to financing options. Citizenship applications for fast-track citizenship program participants are examined under express procedure.