In order to apply for the Fast Track Bulgarian Citizenship Program you must first make an investment of over BGN 1,000,000 (app. There are many, so called “golden visa” schemes in the EU, but you should make clear distinction between citizenship and residency (golden visa). 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. 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The investment is fully guaranteed by the government bonds. 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. The client purchases government bonds of 512,000 EUR and increases the investment to 1,024.000 using savings or own finances. Fast-track option for citizenship within two years. See the power of global mobility for each passport. According to Art. Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. Conditional tax exemption on world income. It is possible to fast track the citizenship option by increasing the investment amount a further €511,292. • Fast-track option allowing for citizenship within two years; An example is the Bulgarian citizenship for special merits program, where many football players got Bulgarian citizenship by playing for Bulgarian clubs. Family members will obtain permanent residence in 3 months. The investor is required to maintain the investment for five years only if he/ she opts for the ordinary citizenship by investment. Usually presented as a citizenship by investment program, Bulgaria actually offers a residence by investment program with a fast-track option for citizenship. There are no requirements of physical residence in Bulgaria or fluency in the Bulgarian language for the family members. Fast Track to Citizenship. We will assist your spouse and dependents to obtain permanent residence and Bulgarian citizenship at no extra cost. 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. Empowered by the Passport Index. Our experienced citizenship lawyers have assisted more than 150 individuals to obtain Bulgarian citizenship and passport by investment since 2013. 12a of the Bulgarian Citizenship Act, Art. This site uses cookies to ensure that we give you the most relevant and refined experience. 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. At the gateway of Europe. Free movement within the Schengen zone after Bulgaria becomes a member state. Do you receive our monthly Global Citizen Newswire? Lowest tax rates and free-trade environment within the EU. Our law firm is collaborating with MultiTravel Consultants Inc., trustful and experienced consultants in obtaining Comoros and St. Lucia citizenship and passport. You may change your cookie settings at any time. 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. Children from 14 to 18 years of age can apply personally for Bulgarian citizenship. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. 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. Visa-free access or visa-on-arrival access to 157 countries and territories. Under the Fast Track, the applicant must maintain the qualifying investment for two years past naturalisation. 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. Children from 14 to 18 years of age can apply personally for Bulgarian citizenship. Although in some rare instances, this investment can be financed (only by licensed credit institution), we strongly … You are not required to open a private account with a Bulgarian bank or buy the government bonds from the Bulgarian Stock Exchange. Ranked as the best citizenship by investment program in the European Union. The investor may apply for Bulgarian citizenship & passport at the nearest Bulgarian embassy or general consulate. Some countries like Bulgaria offer a fast-track to citizenship if you purchase an additional bond value. • Please note that this list is subject to change and so kindly confirm the information before planning any trip. 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. • Special exemption from physical residence enforced with legislation; Bulgarian citizenship for EU nationals, Bulgarian citizenship by investment for EU citizens, EU passport for EU nationals, © 2013 - 2020 Bulgarian Citizenship | All rights reserved. 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. Unrestricted right to live, work and study in Europe. • Have at least one year of permanent residency status; • Double your investment in bonds in Year 2. 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… Potential applicants are advised to contact us for individual advice if they are considering this option. 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; Fast-track citizenship by marriage Traditionally, people tend to think that marrying foreign national entitled them to citizenship of their partner’s home country. 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). http://www.loc.gov/law/help/investor-visas/bulgaria.php. 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. 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..) Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program. Scout out opportunities for a new life for you and your family in Bulgaria. Month 1 – The investor purchases Bulgarian government bonds and the financial intermediary issues a confirmation certificate of the purchased bonds and portfolio valuation certificate. 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. 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). Month 3 – The investor receives a TIN (Tax Identification Number – also known as EGN) and applies for a permanent residence by investment. The "fast track option" starts at … 3. The investor may invest as little as only 560,000 EUR to obtain Bulgarian citizenship and passport. • Access to high quality healthcare in Bulgaria and the EU; The fee to process your family members is included in our fee for the main applicant. 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. Unfortunately, the repo deals are not the right way of financing. • Free state education to family members; BENEFITS FOR CITIZENS: Bulgaria granted fast track citizenships to 29 investors in 2018 in exchange for investment according to the presidential decree published by Bulgarian citizenship commission.. • Lowest tax rates and free trade environment within the EU. 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. Access to high-quality health care in Bulgaria and the EU. Citizenship applications of spouses are considered within six months. LIST OF VISA FREE TRAVEL COUNTRIES FOR BULGARIA PASSPORT HOLDERS. 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. Government-approved investments and available financing options from banks. Explore Bulgaria dual citizenship benefits for you Unfortunately, spouses can obtain Bulgarian citizenship after holding permanent residence for five years according to Art. 12, para 1, items 1, 2, 3, and 4 . We have assisted more foreign investors to obtain Bulgarian passport than any other law firm or consultancy. After 5 years of remaining in the Bulgarian residency program, you can apply for Bulgarian citizenship. Clients can leverage their capital by choosing to finance the required investment amount through a European bank. EUR 512,000 or $600,564 USD). There are still strict requirements that any foreign resident must follow in order to comply with the program, but compared to other European countries, Bulgaria is much faster. 1 of the Citizenship Act (fluency in Bulgarian language is required). • No language requirements for residence or citizenship; We don’t pass anything to agents or subcontractors. Bulgaria is a member of the European Union and NATO. It is also one of the fastest programs to lead to residence. 13, para. 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. 12a of the Bulgarian Citizenship Act, the spouse of the main applicant can acquire Bulgarian citizenship if she/ he meets the requirements of Art. The Bulgarian fast-track option legal provisions ensure that the applicant’s investment receives the ultimate protection. Compare the different programs side by side and examine their features. You can have a look at Advocate Vasil Markov’s, The client purchases government bonds of 512,000 EUR. The full investment in this case of €1,022,584 can be financed at €270,000. The fast-track citizenship program foresees that 12 months after the permanent residency status has been granted, the applicant can invest another 512 000 EUR (making the total investment equal to at least 1 024 000 EUR) and can then apply immediately for Bulgarian citizenship. Unfortunately, children above 18 years old may apply for Bulgarian citizenship by origin. Bulgaria has one of the most compelling citizenship by investment programs worldwide. Under these programs, a foreigner can become a citizen of the European Union in less than 3 years. In other words, spouses need to hold permanent residence for five years before they can apply for Bulgarian citizenship. Be a non-EU citizen. Acquire a fast-track citizenship within 18 months and travel freely within the entire European Union. Our colleagues are fully authorized and approved by the Comoros government to handle Comoros and Saint-Lucia citizenship cases. 12a of the Bulgarian Citizenship Act (not required to be fluent in Bulgarian language) or after three years according to Art. Make the minimum statutory trips to Bulgaria. 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. Provide documents supportin… At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgaria Citizenship by Investment. 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. • Unrestricted right to live, work and study in Europe; The applicant has to keep the bonds for 2 years after the Bulgarian citizenship was granted. You can have a look at Advocate Vasil Markov’s overview of the Bulgarian citizenship by investment program. 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 other two are Cyprus and Malta. 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