Bulgaria
Bulgaria Residence by Investment
About Bulgaria’s
- Population: 6.7 million
- Languages: Bulgarian, with English widely spoken
- Economy: Manufacturing-based, well-developed agriculture, metallurgy, energy, tourism
- Currency: Euro
Living in Bulgaria
An Integrated European Economy
Bulgaria Residence by Investment Overview
Benefits of Bulgaria Residence by Investment
- Reside, pursue education, and engage in employment in Bulgaria
- Favorable geographic position with visa-free entry to additional European Union nations
- Appealing tax policies
- No residence or language requirements
- Family inclusion, allowing the main applicant to include their spouse, unmarried dependent children under 18, and unmarried children over 18 who are unable to support themselves due to a serious health condition
- Access to public healthcare, social security, and education systems
Requirements for Bulgaria Residence by Investment
- Non-EEA citizen
- Possession of a valid type D visa at the commencement of the application process to enter Bulgaria
- Evidence of a clean criminal record in the applicant's country of residence or citizenship
- Documentation proving a legitimate source of funds
- A minimum investment of EUR 512,000
- Maintenance of a euro (EUR) bank account in a country that complies with FATF standards
Applicants can choose one of following four investment options:
- Acquire shares or bonds from Bulgarian commercial companies listed on a regulated market or multilateral trading facility, with a minimum market value of EUR 1.03 million.
- Acquire shares in Bulgarian collective investment schemes of Bulgarian origin, which operate under the Collective Investment Schemes and Other Undertakings for Collective Investments Act, with a minimum market value of EUR 512,000.
- Acquire shares in alternative investment funds (AIF) that are established in Bulgaria and managed by entities overseeing AIFs of Bulgarian origin, functioning under the Collective Investment Schemes and Other Undertakings for Collective Investments Act, with a minimum market value of EUR 512,000.
- Invest a minimum of EUR 256,000 in the capital of a Bulgarian company, where the investor holds at least 50% of the company’s capital as a shareholder. This investment must lead to the acquisition of new long-term fixed assets valued at a minimum of EUR 256,000 and the employment of at least 10 Bulgarian citizens for the entire duration of residence, as certified by the Ministry of Innovation and Growth.
Procedure for Bulgaria Residence by Investment
Frequently Asked Questions
The Bulgaria Residence by Investment Program enables qualified applicants to secure permanent residency through a qualifying financial investment in the nation. Approved investment avenues consist of purchasing shares in Bulgarian alternative investment funds, collective investment schemes, publicly listed companies, or investing in a qualifying Bulgarian enterprise.
Individuals with permanent residency are entitled to reside, work, and pursue education in Bulgaria, as well as gain access to public healthcare, social security, and educational systems. The program does not impose any minimum physical presence or language prerequisites and permits the inclusion of family members. Bulgaria's advantageous position in Europe, its membership in the EU, a competitive business landscape, and a relatively low cost of living significantly contribute to its attractiveness.
The minimum investment required to qualify is EUR 512,000, contingent upon the chosen investment option.
The processing durations for residence by investment applications can differ. Kindly reach out to us for further information.
Indeed, the primary applicant is permitted to include a spouse and unmarried dependent children under the age of 18, in addition to unmarried children over the age of 18 who are unable to provide for themselves due to a significant health issue.
There is no minimum duration of physical presence required to retain permanent residency status, as long as the qualifying investment is upheld and all legal obligations are met.
Applicants are required to submit a valid passport, documentation verifying a legitimate source of funds, proof of the qualifying investment, a certificate indicating a clean criminal record, confirmation of a valid Type D visa, and evidence of maintaining a EUR bank account in a jurisdiction that complies with FATF regulations, in addition to any other necessary supporting documents.
The procedure commences with initial due diligence and the preparation of necessary documentation. Subsequent to the selection of a qualifying investment option and the completion of the investment, the applicant proceeds to apply for a Type D visa. Upon arrival in Bulgaria, the application for permanent residence is presented to the Ministry of Interior. After receiving approval and completing biometric registration, the permanent residence card is granted, which remains valid for five years and is subject to renewal thereafter.
