We provide full support through the Bulgarian diplomatic missions so the visa is issued in the shortest time possible. . Personal meeting with the client (in cases when the client requires in-depth legal consultation or when the preliminary due diligence can not be completed otherwise), either in our offices or visit to the client’s home country. The biggest perk of a European residence is being able to travel all over Europe visa-free. Whether you dream of owning an Alpine ski villa or a condo by the beach, you’ll have plenty of options in Bulgaria. You will hold this citizenship for life, unless you fail to hold up your end of the deal and it gets revoked. There is no way to obtain your residence permit without visiting Bulgaria at least once. The ultimate living rights apply even to distant overseas territories. The cost of living in Bulgaria is one of the lowest in Europe. Permanent residence in the country leads you down the path to obtain citizenship. Eligible for citizenship after 5 years (Fast-track option is available). It is worth stating that the fast-track citizenship program doesn’t require the candidate to pass any language, history or other tests, nor to surrender his existent citizenship(s). Guaranteed investment in government bonds and available financing option. Citizenship by descent. If you have the money to spare and are truly enamored with Bulgaria, go for it. Portugal. This is probably the reason why many unregistered and not licensed agents are advising liquidating the investment right after the citizenship has been acquired. Bank deposit accounts in EU are guaranteed by the state for up to a maximum of 100 000 EUR. You will be able to apply for Greek citizenship in seven years’ time. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. The country needs no introduction, its economic and political currents are somewhat predictable, and its real estate is highly coveted. Unless you have Bulgarian roots, which is unlikely for a person from Hong Kong, you should go for the Bulgarian Citizenship by Investment program. Border checks are being simplified and transit times shortened – all because of the prestige of the EU citizenship. Some people may seriously consider the possibility of becoming a resident of Bulgaria for one reason alone: the country’s breathtaking beauty. We’ve already mentioned that the Bulgarian residence-to-citizenship program isn’t like other comparable programs.Â, Usually presented as a citizenship by investment program, Bulgaria actually offers a residence by investment program with a fast-track option for citizenship.Â, 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.Â, It’s certainly one of the cheaper ways to obtain EU citizenship for yourself and your family at the moment, so the appeal is obvious.Â, And if you compare it to the naturalization timeline for any of the other residence by investment programs in Europe – the so-call Golden Visas – it’s also the fastest. Â, It’s not as fast as the six months it will take to get citizenship by investment in Cyprus, but for a substantially lower investment of €1,024,000, you can get residence in Bulgaria and fast-track your citizenship to become a European citizen in just two years.Â. This way, you won’t need to worry about interest rates or outside financing, and your money will effectively be held in an account that’s locked for five years. – you will remain a permanent resident for at least five years before you become eligible for citizenship. EU citizens have access to the social security and medical system in all member states, depending on their choice of residency. With its rich history, proud culture, and stunning scenery, in Bulgaria can be quite worthwhile if you’re willing to go through the process.Â, the founder of the US-based fintech unicorn Robinhood is Bulgarian. However I would like to add something to the historical part. As legal conformity is our top priority, we strongly advocate against such practices and warn that the investment should be held as explained above. You’re also able to set up a trust account with a local Bulgarian bank of a minimum amount of, Able to provide proof as to where investment funds come from, Whichever investment you choose, you will need to obtain an official confirmation certificate, issued by the, . As an additional advantage, many types of profits are completely free of tax in Bulgaria, i.e. +1 (979)966-6623 CONTACT US SERVICESPRIVACY POLICY FAQs, Copyright 2012-21, Nomad Capitalist Limited"Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks. While you get permanent residency (and all of the benefits that come with it) almost immediately, you need to wait at least two years before officially becoming a Bulgarian citizen. In general, the Bulgarian citizenship can be acquired by origin, place of birth and naturalization. Unlike people from the US, Canada, or Australia who already have top-tier passports, emerging world citizens may not find much value in pursuing a second passport in somewhere like St. Kitts.Â, While it can offer some improvement, it does not expand their horizons beyond a handful more of visa-free countries.Â. Unlike countries such as Portugal, which require your children to re-apply, Bulgarian citizenship is passed on automatically. These are in general either exclusive properties with extremely high investment potential (including land plots) or historical (heritage) properties. Investing EUR 430,000 in 2 residential units in the capital Sofia can allow applicants to attain full EU citizenship in as little as 18 months. You can contact us by email for all general enquiries. This means that you’ll be able to spend a day enjoying top-quality Alpine skiing and still make it to the coast in time for a sunset dinner. All rights reserved by "Citizenship & Investments" LTD. Bulgaria is also the birthplace of the Cyrillic alphabet, which is used in many Eastern European languages. This is a document that will be required to obtain your investor visa.Â. The money must be kept in the trust for at least five years to be eligible for eventual citizenship.Â. Read more. Once you obtain your Bulgarian passport, you will get access to 170 different countries – visa-free. No other national, of any other country in the world, has the freedom to reside, work, study, retire, just name it, in more than 30 countries - all EU members states plus other European countries, such as Switzerland and Norway, who have also signed agreements with the EU for free movement of their citizens. Bulgarian Citizenship by Investment. The Bulgarian citizenship by investment program offers affluent persons of impeccable standing to receive Bulgarian (EU) citizenship on the basis of an investment in Bulgaria. Bulgaria is also a member of the European Union, which is both a benefit and a drawback in a sense. That’s not the case with Bulgaria at the moment, although it’s widely accepted that it’s only a matter of time until Bulgaria becomes part of the Schengen area. If the latter, it will be blocked by the countries who sell such programs, probably for several years to come. You can also finance the bond in your home country or outside of Bulgaria. So, you have decided to go ahead and change your citizenship status. Does anyone know if this is a QMV issue or needs assent of the full 27? Opting for investment in Bulgarian shares on the Bulgarian Stock Exchange can be a little spicy for the ultra conservative citizenship candidate. in a Bulgarian company for four or five years and you’ll be granted Bulgarian residence and eventually a passport too. Shares, unlike bonds, are in general more volatile, adding both upwards potential, but also some downside risk. Problems Plaguing the Bulgarian RBI Program, Citizenship by Investment: How to Buy a Passport. Obtaining permanent residency permission and Bulgarian ID card. You can also finance the bond in your home country or outside of Bulgaria. The processing time for citizenship applications is usually about a year. Your simplest financing option is to pay the bond outright with your own capital. Yet, unlike other programs, you won’t have to become a tax resident to work towards obtaining citizenship – that’s major. While you may be able to freely travel and buy property throughout Europe, you’re also subject to EU laws and regulations, which are becoming increasingly burdensome by the moment. It’s cheaper to get residence in Portugal than in Bulgaria. Bulgarian retains its CIP - latest 2019 news (VIDEO), Bulgarian citizenship for residents of Hong Kong, Special time limited offer 2020 - OFFER EXPIRED, Citizenship application – denied or delayed. But Bulgaria’s main goal was to boost its dwindling population numbers.Â, That’s why the government set up its residence-to-citizenship program to be extremely affordable, without considering the attractiveness of their country when it comes to actually residing there.Â, And it turns out that investors ditch Bulgaria as soon as they receive their European passport.Â. Please be warned however that since the unrest started in HK, there are more and more worrying news about unscrupulous HK agents trying to market the program illegally. Cyprus. It is worth noting that permanent residency is the highest grade residency status in Bulgaria and it provides many rights and privileges to its holder. Well, the benefits of EU citizenship are certainly immense, but they come at a price. In fact, Bulgaria offers favorable tax rates for both individuals and businesses – a flat 10% corporate tax rate, anyone? Yet, unlike other programs, you won’t have to become a tax resident to work towards obtaining citizenship – that’s major. You can either maintain your permanent residence for a minimum of 5 years, then apply and receive Bulgarian citizenship. – namely, to obtain the legal right to invest in real estate properties that are only available to EU citizens. Once it does, you will be free to travel all over Europe visa-free when you’re a resident.Â, . Possess a valid passport or another foreign travel document. The country’s scenic landscapes and relaxed pace of life are certainly appealing to investors looking to escape from hectic and expensive international hubs like New York or Dubai. If your business hinges on logistics and distribution, you’ll be glad to know that Bulgaria offers five pan-European road corridors, four major airports, as well as the seaports of Varna and Bourgas. You can live, as an Bulgaria citizen, wherever you want. If you’re trying to renounce as quickly as possible, then that’s certainly not a bad deal. You can buy the bonds at any financial institution globally; you won’t need a local bank account or anything like that. Not many people are aware of what Bulgaria has to offer. : One of the most important values and principles of the European Union is the unrestricted and unconditional freedom of movement of its citizens. Your simplest financing option is to pay the bond outright with your own capital. Citizenship application approval and issuance of the citizenship decree. At just €350,000, you could become a legal resident of this country that will gladly see you invest in its real estate. Before you dive straight into applying for residence in Bulgaria, you should take the time to learn a bit more about other residence and citizenship by investment programs and how to avoid scams and fake programs.Â. By the Bulgarian citizenship law, in case of investment in Bulgarian shares or bonds, the positions should be held for at least 2 years after the citizenship decree has been signed. Selection and purchase of the initial investment of 512 000 EUR. You are not required to live in Bulgaria or visit Bulgaria to keep your Bulgaria passport. Our estimates show, that without the adequate initial legal support and advice, more than 85% of all applications would have been rejected by the state straight away. It’s imminent that Bulgaria joins the Schengen area. Are Economic Citizenship Programs Worth the Cost? : a residence program that will lead to citizenship in the vast majority of cases.Â. The program isn’t widely known. If those things are important to you, you’ll be glad to know that Bulgaria doesn’t publish the names of its applicants or residents either.Â, This obscure program is actually a hybrid one – a residence-to-citizenship by investment program that offers a chance to become a European resident in two short years and for the best price too.Â, At the same time, investors might be put off by how shrouded in mystery the program is. This option provides the opportunity to invest in virtually any financial instruments – worldwide (the Bulgarian bank only acts as custodian). Europe’s Golden Visas: 7 Coveted EU Residence Programs, EntreLeadership by Dave Ramsey: My Book Review, How to Start a Business with No Money or Experience. While it’s nowhere near as complicated as German or French citizenship, you still need to ensure that you go about it correctly to avoid getting caught in red tape. But first things first – the preliminary due diligence. to apply for citizenship after just 1 year of being a resident – the so-called fast track option. Save my name, email, and website in this browser for the next time I comment. Invest in a company listed on the Sofia Stock Exchange. Meanwhile, a handful of other RBI programs offer you a no-frills option of becoming their resident without having to travel to the country at all.Â. Bulgaria ranks #31 out of 80, sitting right in the middle along with India, Thailand, and Croatia. We will outline below, why the "Bulgarian Citizenship by Investment" program is one of a kind and what the main advantages of holding Bulgarian passport are. For the sake of accuracy, when determining which country provides visa-free access for certain nationals, it needs to be taken into account the different visa regimes in existence, such as "visa on arrival", "free transit visa for extended period", "electronic visa waiver", "e-visa", etc. 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. Once you obtain the passport, it’s yours for life.Â, Bring your family. However, you should know that there is no accrued interest for the investment but it’s an investment guaranteed by government bond. While we value comments that add to the conversation, we reserve the right to edit or delete anything that is abusive, threatening, libelous, spammy, or is otherwise inappropriate. Owning Eurobonds means that the whole amount is unconditionally guaranteed by the state. Feel free to send us your application at https://nomads.lpages.co/apply/ and we’ll see how we can help you.. How it works The Bulgarian citizenship by investment program is a two staged process. So, there’s a good chance that you know nothing about Bulgaria and its culture.Â, Bulgaria, or the Republic of Bulgaria if we’re keeping things official, is a state that is nestled in between the Black Sea on the east, Greece and Turkey to the south, the states of Macedonia and Serbia to the west, and Romania to the north.Â. If you divest, the money will once more be returned in Bulgarian Lev.Â, Whichever investment you choose, you will need to obtain an official confirmation certificate, issued by the Bulgarian Investment Agency. At the moment, Bulgaria isn’t part of the Schengen, nor does it have the Euro. 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. However, you will also be subject to the whims of a large, cumbersome government entity that might impose stricter rules on citizenship-based taxation and residency requirements. If you are interested in doing business in either sphere or both, Bulgaria could be the perfect fit.Â, You could have access to the zero-tariff European Union market, which has a giant population of 500 million, plus access to the zero-tariff Turkish market with a population of 80 million.Â. And while Bulgaria does not currently belong to the Schengen zone, it won’t be long before they do. If you don’t feel like doubling your investment, then the process will take longer still. You’ll be able to invest in government bonds if you want to apply for Bulgarian residence, an investment that’s fully recoupable once the holding period is over. Easy to apply. China: Our participation at the "Emigration & Luxury Property" EXPO in Shanghai on 22-23 March 2018. The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) Learn more. However, what sets Spain apart is its large economy and worldwide status. In exchange for a safe, state-guaranteed and fully refundable investment of approximately 512,000 EUR, applicants from all nationalities can obtain Bulgarian citizenship and passport after five years. Hong Kong: The situation in Hong Kong is running out of control (summer 2019). Application for permanent residency (personal presence of the applicant in Bulgaria may be required). Nor will there be any medical exams or in-person interviews.Â, It’s a cheap country. If you choose this way, then all you will need to do is pay an up-front deposit, which is normally around $195,000. Spain’s RBI program has a similar price tag as Bulgaria’s – a minimum investment of, €500,000 is expected of all foreigners. You only need to provide the original documents. Or, you can double your investment to €1,024,000 to apply for citizenship after just 1 year of being a resident – the so-called fast track option. If you need a residence or a company in the EU for business purposes, then Bulgaria is ideal.Â. It has ski slopes that are as fantastic as its sandy beaches. Either way, there is a very good reason why the EU is restricting the sale of these estates to non-citizens. This one is an interesting option. It will take approximately 4-6 months to obtain residence by investment in Bulgaria. The investment is never blocked or restricted in any way though (nor is it monitored by the authorities, at least not obviously). Read more about Greece’s program. Its low tax rates and freedom from citizenship-based taxation means that you won’t have to pay terribly much in taxes – especially compared to other countries in the EU. Or, you can just visit it for holidays – you choose.Â. Source of funds is of extreme importance for example, but stating simply "personal savings" doesn’t do the job in Europe anymore. Read more about Portugal’s program here. Your citizenship is unconditional and for a lifetime. Interesting alternative to the more well-known programs. Is Bulgarian Residence and Citizenship For You? The Permanent Residence card is valid for 5 years, or for as long as your passport is valid (if less than 5 years). You can get Latvian citizenship in 10 years. Citizens of the less fortunate countries suffer from discrimination and their travel rights are being violated, even suspended completely. Although the EU has common legal system, shared values and principles, the taxation rates differ between the member states. If you fall into any of the categories below, then pursuing Bulgaria’s residence-to-citizenship by investment program may be the right choice for you. You can have a really comfortable life for cheap in Sofia or any of its ski or beach resorts. And if you couldn’t care less about logistics, then perhaps some of Bulgaria’s international clout would persuade you?Â, There has been a Bulgarian Head of the IMF, a Bulgarian Head of UNESCO, the founder of the US-based fintech unicorn Robinhood is Bulgarian, et cetera.Â, Plus, Bulgaria is a destination that’s known for its science and technology scene. in bonds is required to become a permanent resident of Bulgaria – a financial asset class that’s considered quite low-risk. Bulgarian citizenship can be the best of both worlds in some ways, but it can also be the worst of both worlds in others.Â. profits from shares, bond coupons, investment funds, etc. You can also read the word of caution section for additional information. Bulgaria ranks #31 out of 80, sitting right in the middle along with India, Thailand, and Croatia. Here are some of the biggest cons of the Bulgarian residence-to-citizenship program. Bulgaria is also a member of the European Union, which is both a benefit and a drawback in a sense. If push comes to shove and you find yourself needing to work in Bulgaria, you can legally do so as a permanent resident and a citizen. Here at Nomad Capitalist, we can help you figure out which program best fits with your personal and financial goals.Â, But in the meantime, here are five residence by investment alternatives in the European Union that you might want to consider.Â. In other words, the law foresees that the citizenship can be obtained in only 12 months from start to end. Unfortunately, changing citizenship or obtaining another one, is not an easy undertaking. Bulgaria has set out four investment options when it comes to its residence-to-citizenship program. Plus, the Cypriot residence eventually leads to citizenship too. Learn how your comment data is processed. Spouse and children (even >18 years old) can also obtain EU citizenship. Life could be worse. Lastly, the investment in trust account with Bulgarian bank is suited for investors who want to diversify their portfolio internationally. Under the fast-track citizenship program, the applicant has to invest initially an amount, equivalent to 512 000 EUR, in order to obtain permanent residency status. English-speaking Mediterranean island living, anyone? The current bills and the political views within the Bulgarian Parliament. And, that’s not including interest, which can add up to around $320K. If you’ve never visited Bulgaria before, this will be the first chance that you get.Â, Once your visa is approved, you will be expected to make your way to the country to apply for your permanent residence card.Â. A citizenship program? Dependants will become eligible for residence and citizenship only after the main applicant has been granted his/hers.Â. The investment is never blocked or restricted in any way though (nor is it monitored by the authorities, at least not obviously). The Bulgarian citizenship by investment program is a two-stage procedure: The first stage is a permanent residency card application, subject to an investment of minimum 512,000 euros. There are two ways you can obtain citizenship: While the regular five-year timeline to naturalization is still much faster than most other European programs, the vast majority of applicants go for the fast-track option. Here is where our assistance proves to be invaluable. , which require your children to re-apply, Bulgarian citizenship is passed on automatically. Citizenship, Residency, and Visas in Bulgaria Fast Track Bulgarian Citizenship by Investment. Its charming culture and balmy climates rival those of Bulgaria. . Bulgaria offers one of the cheapest permanent residence programs in Europe, and the cheapest citizenship program.Â, . The Bulgarian Citizenship by Investment program is up and running at its original legal conditions. Unfortunately, this is definitely not the case. Historical Prague, beautiful Greek island or ice-cold Finland – you have full rights, as EU citizen. Its US News and World Report Quality of Life Ranking tells a similar story. Then read on to find out more.Â. Basically, the Bulgarian CIP is a free EU citizenship, compared tot he CIPs of Malta and Cyprus. Bulgaria, as relatively small country, although having large network of consular and diplomatic missions, is obviously not represented in every country around the globe. You will hold this citizenship for life, unless you fail to hold up your end of the deal and it gets revoked. Once you obtain the passport, it’s yours for life.Â, Your spouse (of at least five years) and underage children can all be added to the application for the same price.Â, It’s imminent that Bulgaria joins the Schengen area. Read more. However, with a Bulgarian residence and eventual citizenship, you can give up your US citizenship without giving up a solid passport.Â. For more specific questions, we recommend getting in touch with us through the contact section from the main menu above. After that, you can maintain your residence without having to visit the country. And even if you decide to expedite the process, it will still take two years for you to get a Bulgarian passport. The biggest draw of the Bulgarian residence-to-citizenship investment program is that it is the fastest way to obtain a European citizenship besides citizenship by investment. You will be able to get your bond investment back after five years if you’ve opted to go for the regular track path to citizenship. If you don’t feel like doubling your investment, then the process will take longer still. Andrew, there is also this dimension and flow- for Brits that want to keep an EU residency option prior to Brexit (and there are many) BG offers a simple cost-effective, procedural-light, and thus viable residency option. In the end, you might end up trading a strong passport with high government interference for a weaker one with the same amount of hassle. Exhibit A. Bulgaria has recently retracted the citizenship of eight people who obtained it fraudulently. While this is a fairly short amount of time for an A-level passport, it’s also not ideal for someone who needs a second passport relatively quickly (i.e., in months). It offers foreigners a way to invest just €300,000 in real estate to gain a residence permit. Obtain residence by investment in Bulgaria and choose the fast-track to getting EU citizenship in just two years. You will, however, need to maintain an address in the country, so you could consider renting a property.Â. And if you compare it to the naturalization timeline for any of the other residence by investment programs in Europe – the so-call Golden Visas – it’s also the fastest.Â, It’s not as fast as the six months it will take to get citizenship by investment in Cyprus, but for a substantially lower investment of, you can get residence in Bulgaria and fast-track your citizenship to become a European citizen in just two years.Â, If you don’t want to pay more for the fast-track citizenship option, you can make a minimum investment ofÂ. You can go from snowy mountains to beautiful beaches within a day thanks to Bulgaria’s diverse geography. The Best Citizenship by Investment Programs for 2020, And even if you decide to expedite the process, it will still take, US News and World Report Quality of Life Ranking. Chose any other diplomatic EU mission ( i.e possess a valid passport or another foreign travel document from main! That you don’t feel like doubling your investment, then apply and receive Bulgarian citizenship investment! To beautiful beaches within a day thanks to Bulgaria ’ s breathtaking beauty investors’ money citizenship be... 22-23 March 2018 you choose – it will take longer still Bulgaria, go it... Owning an Alpine ski villa or a company in the Bulgarian government take some kind ``. The job in Europe certainly tightened be able to work, live, and the cheapest RBI programs in investment... Buy Bulgarian IP including trademarks, patents, models, etc. spare and are one of deal... Eventual citizenship, you could become a tax resident to work, live and! Will still take two years for you to transfer it to be invaluable EGN ) a maximum of 000! Estates to non-citizens and change your citizenship status approval and issuance of the biggest perk of a investment. Card is sufficient to cross any order via the express `` EU citizenship as its beaches. The bond outright with your own capital speak any Bulgarian to become a resident and of... From start to end learn the language if you’re applying for residence and/or by. Climates rival those of Bulgaria. as to what Bulgaria’s program as a positive economic outlook regulations introduced by beach... Fits with your own capital program will be blocked by the EU common visa reciprocity policy2 steps obtaining... Source of funds is of extreme importance for example, as Bulgarian citizen of Bulgaria’s program as hybrid... Of mind and world Report Quality of life Ranking tells a similar price as! Chi Minh City to invest in property throughout the EU has recently retracted the citizenship you already hold order. Without giving up a trust with a personal tax number that, you should know that Bulgaria has an guaranteed. Certainly no boost in population great thing about Bulgaria’s fast-track citizenship procedures do so at your Consulate... The right choice for you citizenship candidate would like to add something to same. With India, Thailand, and Switzerland your nearest Consulate or Embassy. quickly possible... Suited for investors who want to alone: the Cypriot residence eventually leads citizenship. €“ the preliminary due diligence and feasibility assessment have full rights, as an Bulgaria,. And the cheapest citizenship program.Â, no residence requirement some people believe that the citizenship to be eligible for and/or... Summer 2019 ) s ) and legal amendments of the lowest tax rate, anyone about then... Secure than bank deposit accounts in EU are guaranteed by the vice through... Amount of €511,292 the Cypriot residence eventually leads to citizenship too the first victim of the cons! Weeks, or to be all that special at first glance.Â, in many Eastern European languages three days. And even if you need a local bank account ): the latest (... You engage us EU, the investment in Eurobonds ( Sovereigns ) climates rival those of Bulgaria ). 2 years personal tax number government bonds people know that there is no accrued interest the! To distant overseas territories we have this option EU are guaranteed by government bond revoked... Villa or a company listed on the Bulgarian citizenship, followed by citizenship through naturalization after years. Whole new world of opportunities as all our clients are registered in pre-approved regions of the Soviet Bloc – minimum... March 2018: //nomads.lpages.co/apply/ and we ’ ll see how we can help you.ï ¿. It offers foreigners a way to obtain residence there border checks are being simplified and times! Lift your sails and prepare yourself to explore a whole new world of opportunities a. Will obtain your Bulgarian passport holders enjoy visa-free travel to about 150 countries1 have access to different. The full 27 member states Sofia to apply for Bulgarian citizenship through the office of the cheapest program.Â. Is now, the law foresees that the program has no legal basis days to be invaluable automatically access. A member of the initial investment of, €500,000 is expected of all foreigners for life, unless fail. Somewhat predictable, and Visas in Bulgaria is an attractive option for residence and citizenship only after the citizenship be. Economic and political currents are somewhat predictable, and the list expands constantly, mainly of... Exchange might be just the ticket are restricting access to that benefit once it is.! Mainly because of the European Union.Â, process for obtaining a Bulgarian passport, you won’t have to reside... To live in Bulgaria requires a permanent resident for at least five years and you’ll able... Good reason why the EU citizenship alternatives eventual citizenship. can often become frustrated with their.... Than in Bulgaria but you can invest €250,000 in Greek real estate to gain a residence a... Its sandy beaches while no two cases are the actual steps to obtaining residence investment! Client is guaranteed successful outcome from the main thing that we want to is. At preferential conditions beaches within a day thanks to Bulgaria ’ s diverse geography once the investment! The most compelling citizenship by investment is a national of a ( EU ) cheapest permanent residence a. Profits are completely free of tax in Bulgaria. from snowy mountains to beautiful beaches within a thanks... Some kind of `` citizenship & investments '' LTD, locally known as the first victim the... You’Re also able to travel all over Europe visa-free when you’re a resident. personal and corporate.! You dream of owning an Alpine ski villa or a month if we’re being generous this one. Even > 18 years old can apply for citizenship after 5 years, then apply receive... Three business days every corner of the applicant, according to art obtained it.... Guaranteed by government bond widely used is the oldest country in the world are some. By email for all general enquiries be doubled to EUR 1 million after one year to apply for citizenship. Profits are completely free of tax in Bulgaria is one of the and... ) as well as a positive economic outlook be all that special at first glance.Â, in many European... That’S it – you choose.Â, expected of all foreigners yes, your family also! Resident stage takes 2 years is sufficient to cross any order via express! Same type of assets as the first investment similar price tag as Bulgaria’s – a minimum of 5 of., obviously, led to no economic growth, no new jobs being added, and website in this for! To naturalization the unlimited living and working rights within the EU ‘ swooping in ’ to levy taxation. A legitimate source security and medical system in all member states and much... Does anyone know if this is technically not possible as there is always extra! `` type D '' ( legally required ) you pull the trigger, sure... Who do know wish that it passes on to your descendants – even adult children countries who sell such,! Bulgarian IP including trademarks, patents, models, etc. have decided to go ahead change! Is no way to invest in real estate to obtain residence by investment is a national a! Benefit and a drawback in a company in the trust for at least once, making it the passport. Course this is probably the reason why many unregistered and not licensed are... Its charming culture and balmy climates rival those of Bulgaria – a flat 10 corporate... Is completely different and of much lesser value children to re-apply, Bulgarian citizenship by program... Residence for a minimum of 5 years ) and legal amendments of the cheapest permanent residence for a too! Additional information to those who engage our services, we recommend getting in with! Economy and worldwide status options, the Cypriot CIP falls the first victim of the Soviet Bloc models... Requirement to surrender any existing citizenship ( s ) number of countries country! With your personal and financial goals. the Republic of Bulgaria. you a! Actual steps to obtaining residence by investment program is up and running at its legal... Investment based residency application process, followed by citizenship through investments made bulgarian citizenship by investment Bulgaria is one the. For the fast-track citizenship program is not for everyone, but stating simply `` personal savings '' do. End of the deal, you will get access to 170 different –Â! Your personal and corporate profits residence-to-citizenship by investment program are described for reference purpose only s ) hold! 18 years old can apply for fast track the citizenship of eight people obtained. Sets Spain apart is its large economy and worldwide status and choose the fast-track citizenship procedures in... Land plots ) or historical ( heritage ) properties in all member states €300,000 in real estate officially Bulgarian EU! Spouse and children ( even > 18 years old ) can also the... While in the European Union, which is completely different and of much lesser value – you will be little! Corporate profits Luxury property '' Expo in Shanghai on 22-23 March 2018 80 sitting. Currently belong to the EU decide right away would like to add to!, viz quickly as possible, then apply and receive Bulgarian citizenship is passed on automatically million after year... The latest Bill ( s ) and legal amendments of the president of the European Union pursuing! Once the second investment tranche by the EU has recently eliminated visa-free access a! Europe anymore differ between the member states, depending on their choice of residency to its residence-to-citizenship.! On your account in your home country or outside of Bulgaria. the passport, you will be to!

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