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Family members will obtain permanent residence in 3 months. Bulgarian Citizenship by Investment | Posolstvo.eu Is there a way to obtain Bulgarian citizenship and EU passport under a fast track program? 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. 12a of the Bulgarian Citizenship Act (not required to be fluent in Bulgarian language) or after three years according to Art. The interest of foreigners in recent years is attracted by the Bulgarian citizenship through investments Program and the Residence in Bulgaria through Investment Program. Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. The investor can withdraw the investment in government bonds only after five years –, Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. There are no requirements of physical residence in Bulgaria or fluency in the Bulgarian language for the family members. Reserve a date for applying for Bulgarian citizenship by investment. | Hand Sanitizer Producer in Europe | Brokers traps to avoid when buying a real estate in Bulgaria | Антибактериален дезинфектант | Antibacterial Hand gel • Double your investment in bonds in Year 2. Schedule of obtaining Bulgarian citizenship by investment, The list of available investment projects can be found on the website of the. Attest the power of attorneys and the investment agreement. Explore Bulgaria dual citizenship benefits for you At the end of the five-year period, the full amount will be returned to the investor without any accrued interest. According to Art. 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. 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. in Bulgaria The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) 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. This site uses cookies to ensure that we give you the most relevant and refined experience. By continuing to browse the site, we'll assume that it is consented. 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. The investor may invest as little as only 560,000 EUR to obtain Bulgarian citizenship and passport. The investor needs to invest 511 292 EUR in the first year and double the investment to 1,024,000 EUR in the second year. To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about Bulgarian citizenship by investment 2019. Between the period Jan 1 to Dec 31 2018 , the Bulgarian citizenship has been granted permission for this reason permanent residence on the territory of the country before no less than one year … Make Bulgaria your gateway to Europe. At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgaria Citizenship by Investment. It is also one of the fastest programs to lead to residence. Bulgaria is a member of the European Union and NATO. The client purchases government bonds of 512,000 EUR and increases the investment to 1,024.000 using savings or own finances. The "fast track option" starts at … 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. Bulgaria has an investor program which came into force in 2009, for foreign investors who invest significant amount of money in the economy of Bulgaria. Government-approved investments and available financing options from banks. Special exemption from physical residence enforced with legislation. We have assisted more foreign investors to obtain Bulgarian passport than any other law firm or consultancy. It is possible to fast track the citizenship option by increasing the investment amount a further €511,292. 12, para 1, items 1, 2, 3, and 4 . Provide documents supportin… The investment is fully guaranteed by the government bonds. 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. Bulgarian citizenship for EU nationals, Bulgarian citizenship by investment for EU citizens, EU passport for EU nationals, © 2013 - 2020 Bulgarian Citizenship | All rights reserved. Children from 14 to 18 years of age can apply personally for Bulgarian citizenship. 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; See the power of global mobility for each passport. Freedom of mobility. 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. You are not required to open a private account with a Bulgarian bank or buy the government bonds from the Bulgarian Stock Exchange. There are many, so called “golden visa” schemes in the EU, but you should make clear distinction between citizenship and residency (golden visa). 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. Consent by a parent who has lost his parental rights is not required. Bulgaria is one of the few countries in the EU that has legislation that offers citizenship for foreign investors. The Bulgarian Citizenship Investor Program is an attractive opportunity for foreign investors and wealthy individuals to enjoy visa-free access or visa-on-arrival access to 157 countries and territories, Bulgarian citizenship for the family members, and many other benefits. Speak to Global Mobility experts. 12a of the Bulgarian Citizenship Act, Bulgarian citizenship by investment for EU citizens, Bulgaria to retain its Citizenship by Investment program in 2019, Overview of Bulgarian citizenship by investment, Foreigners in the Republic of Bulgaria Act, Brokers traps to avoid when buying a real estate in Bulgaria. Hold a second additional investment for a period of two years. The Bulgarian Investor visa is usually granted within 30 business days. “YOU CAN BUY BULGARIAN PASSPORT” This is the most common misconceptions about … The other two are Cyprus and Malta. Access to high-quality health care in Bulgaria and the EU. The Bulgaria Fast-Track Citizenship Program allows an applicant to obtain permanent residence in 3-4 months, and full Bulgarian “EU” citizenship within 20-24 months, for €260,000 (one-time “walk away” financing option) plus €50,000 in legal, due diligence, government, and apartment rental fees. The fee to process dependents is included in our fee for the main applicant. 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. Conditional tax exemption on world income. The fee to process your family members is included in our fee for the main applicant. If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to, overview of the Bulgarian citizenship by investment program, Art. 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… We urge anyone who has been offered services by non-registered agents, part of which include transferring the investment amount to the agent’s account, to immediately seek legal advice. We don’t pass anything to agents or subcontractors. • Lowest tax rates and free trade environment within the EU. Month 3 – The investor receives a TIN (Tax Identification Number – also known as EGN) and applies for a permanent residence by investment. Download yours. The Quebec Investor Visa Program offers permanent residency to investors who make a one-time payment of CAN$1.2* million, leave it in place for 5 years, and then get it back after the required duration has elapsed, without accrued interest. RSS, Our law firm specialises in assisting EU and non-EU nationals to obtain Bulgarian citizenship and passport by investment. Unfortunately, children above 18 years old may apply for Bulgarian citizenship by origin. Acquire a fast-track citizenship within 18 months and travel freely within the entire European Union. Fast-track citizenship by marriage Traditionally, people tend to think that marrying foreign national entitled them to citizenship of their partner’s home country. It is officially known as “Fast track’ investor citizenship scheme, administered by the Investment promotion agency Bulgaria were first introduced in the Bulgarian legislation in 2005. You may change your cookie settings at any time. | 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 Sooner is better than later. This step includes the preparation of the set of investor’s D-type visa application documents, and investment certificate issued from the Bulgarian Investment Agency. Citizenship, Residency, and Visas in Bulgaria Fast Track Bulgarian Citizenship by Investment. We may file the citizenship applications for the family members once the investor’s application is approved and Bulgarian citizenship and passport granted. In order to apply for the Fast Track Bulgarian Citizenship Program you must first make an investment of over BGN 1,000,000 (app. Scout out opportunities for a new life for you and your family in Bulgaria. The investor is required to maintain the investment for five years only if he/ she opts for the ordinary citizenship by investment. 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. According to Art. 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%. • Have at least one year of permanent residency status; • Double your investment in bonds in Year 2. 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. Make the minimum statutory trips to Bulgaria. • Unrestricted right to live, work and study in Europe; 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. Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. 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. Excellent choice is the citizenship of Dominica or St. Lucia. • Please note that this list is subject to change and so kindly confirm the information before planning any trip. Clients can leverage their capital by choosing to finance the required investment amount through a European bank. There are two statutory trips for each applicant at different stages of the process. As one of the youngest EU member states, Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe. Under the express procedure, the cards are ready on the third business day following the day of application. An example is the Bulgarian citizenship for special merits program, where many football players got Bulgarian citizenship by playing for Bulgarian clubs. The investor may sell the government bonds two years after the citizenship was granted. ... Rich in history and culture . The investor may purchase Bulgarian government bonds from his/ her local bank abroad. Bulgarian government bonds are traded on the. • No language requirements for residence or citizenship; Acquiring Bulgarian Citizenship through Investment – the “Law for the Foreigners in Bulgaria” and the “Law for the Bulgarian Citizenship”. 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). 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. • Fast process to permanent residency (six to nine months); BENEFITS FOR PERMANENT RESIDENTS: 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 government bonds are purchased by the bank and they remain owned by the bank. A fast track option to receiving citizenship status is possible by doubling the initial investment amount. At the gateway of Europe. We will assist your spouse and dependents to obtain permanent residence and Bulgarian citizenship at no extra cost. 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