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Bulgaria Citizenship

THE FASTEST AND EASIEST WAY TO GET CITIZENSHIP

BULGARIA PERMANENT CITIZENSHIP:

  • Investment for CITIZENSHIP:
    - Have at least one year of permanent residency status
    - 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).
    - Hold a second additional investment for a period of two years
  • Max ages that Children can be included on Citizenship application:
    - Dependents under 18 years old are eligible
  • When exactly does an applicant become a Citizenship holder?
    - Within 2 years
  • Visa free travel to 158 countries
  • Dual nationality is permitted
  • No language requirements for residence or citizenship
  • Conditional tax exemption on world income
  • Special exemption from physical residence enforced with legislation
  • Right to live, work and study in Europe (after citizenship has been acquired)
  • Government-approved investments and available financing options from banks
  • Access to high-quality health care in Bulgaria and the European Union
  • All foreign nationalities may apply
  • Low cost of living
  • One of the lowest taxation in Europe

WHY BULGARIA:

  • Sunny Beach, one of the country’s most popular beach resorts on the Black Sea, has been named the cheapest beach getaway in Europe for the fourth time in four years
  • Approximately a third of Bulgaria’s 378km Black Sea coast is made up of golden, sandy beaches. Along with it, you will find some charming coastal outcrops, such as Nessebar, the “Pearl of the Black Sea” and a Unesco World Heritage site
  • Bulgaria is famous for Mountain Skiing. 19 Ski resorts
  • Member of the European Union since 2007, NATO and WTO
  • Low country risk and ease of movement through the EU
  • Low labor cost and lowest operating costs in Europe
  • Well-developed educational system specializing in electronics, mathematical science, engineering and computer sciences
  • Over 15 Universities offering majors in ICT
  • Over 5000 students get a degree in IT from Universities in Bulgaria each year
  • A skilled and qualified workforce with English, French and German Language skills
  • Ranked 8th in the world in 2002 by a total number of ICT specialists
  • Ranked as 3rd in the world for certified IT professionals per capita
  • In the 1980s Bulgaria became known as the Silicon Valley of the Eastern Bloc
  • Leading multinational companies, such as SAP, HP, Apple, Cisco, Atos, VMware, Johnson Controls, Microsoft, IBM and Oracle have set up regional technology development centers and sales offices in Bulgaria
  • Bulgaria is 5th in the world and 3rd in Europe in broadband quality (Annual Broadband Study by Cisco, 2010)
  • Strong NGOs in the IT sector, such as BASSCOM, ICT Cluster Bulgaria, Bulgarian web associate, bait, the Bulgarian Outsourcing Association etc.
  • Bulgaria ranks second in the world in IQ tests
  • Lowest Corporate tax rates 10% and free-trade environment within the EU.
  • European Union member since 2007

ABOUT BULGARIA:

  • Official Name: Republic of Bulgaria
  • A Form of Government: parliamentary
  • Capital: Sofia
  • Population: 7.036.848
  • Official Language: Bulgarian
  • Currency: lev
  • Area: 110,994 km2
  • Education: Bulgarian language
  • Culture: mixed of (Bulgarian, Armenians, Turks and Gypsies)
  • Environment: forest
  • Health Care: low quality (46th world wide)
  • Taxation: lowest in EU
  • Tourism: not that high its construction country
  • Weather: hot summers, long, cold winters
  • Politics: Politically not stable
  • Schengen: No (Expected)
  • Religion: Orthodox

QUALIFICATION CRITERIA:

  • Be over 18 years old
  • Investment of 512,000 Euros
  • After 12 months, increase of the investment by an additional €512.000 in the investor’s portfolio
  • Be a Non-European Union citizen
  • Clean criminal record
  • Source of funds
  • Bank statement
  • Proof of investment
  • Pass medical tests
  • Proof of net worth
  • Health certificate confirming the absence of any contagious disease
  • Birth certificate
  • Valid passport
  • Attest to the power of attorneys and the investment agreement
  • Make the minimum required trips to Bulgaria (2 trips for each applicant)
  • The European citizen is employed or self-employed in the Republic of Bulgari

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