BULGARIA RESIDENCY

Investment Immigration Program (IIP)

The Bulgarian Citizenship Act or the Bulgarian Immigrant Investor Program (BGIIP), which has been in operation since 2009. Bulgarian citizens are citizens of the European Union and as such can live, work and study in any country within the European Union. You and your family will obtain European Permanent Residence status and subsequently Bulgarian citizenship without having to move away or renounce your current nationality.

ADVANTAGES

  • Permanent resident & citizen of the European Union (EU).
  • Visa free travel to 169 countries.
  • Exemption from physical residence enforced by legislation.
  • Strategic geographical location, connecting Europe to Asia, the Middle East and Africa.
  • Fast track option available for European citizenship for investors and their families within two years.
  • No language requirements for residency or citizenship
  • One of the lowest tax rates within the EU.

REQUIREMENTS

  • Applicants must make a qualified investment.
  • Be over 18 years old.
  • Have no criminal record.
  • Provide all required documents in English.
  • Successfully pass a due diligence check.
  • Visit Bulgaria twice during the application process.
  • Have a personal net worth of over €1,000,000.00.

ADVANTAGES

  • Permanent resident & citizen of the European Union (EU).
  • Visa free travel to 169 countries.
  • Exemption from physical residence enforced by legislation.
  • Strategic geographical location, connecting Europe to Asia, the Middle East and Africa.
  • Fast track option available for European citizenship for investors and their families within two years.
  • No language requirements for residency or citizenship
  • One of the lowest tax rates within the EU.

REQUIREMENTS

  • Applicants must make a qualified investment.
  • Be over 18 years old.
  • Have no criminal record.
  • Provide all required documents in English.
  • Successfully pass a due diligence check.
  • Visit Bulgaria twice during the application process.
  • Have a personal net worth of over €1,000,000.00.

INVESTMENT OPTIONS

APPLICANT MUST INVEST 100% OF THE SPECIFIED INVESTMENT.

PERMANENT RESIDENCY

  • The applicant must invest BGN 1,000,000 (approx. €512,000) in a fully guaranteed government bond portfolio for 5 years. At the end of the term the applicant gets the full amount back without interest.
  • The applicant can apply for citizenship after holding permanent residence for a period of 5 years.

Permanent Residency (Financed Investment)

  • Make a one-off non-refundable payment of €195,000 which is used to finance the Permanent Residency investment on behalf of the client.

FAST TRACK CITIZENSHIP

  • After holding permanent residence for at least 1 year the applicant can then apply for ‘Fast Track’ Citizenship by making a further bond investment of €512,000 which must be held for 2 years.
  • Citizenship is generally granted 3 months after the Fast Track option is exercised.

FAST TRACK CITIZENSHIP (Financed Investment)

  • Make a one-off non-refundable payment of €110,000 which is used to finance the Fast Track Citizenship investment on behalf of the client.

PROCESS

  1. File preparation and submission of application for main applicant.
  2. Permanent residence granted in 6-9 months.
  3. Submit PR applications for qualifying dependents.
  4. Can apply for Citizenship after 5 years.
  5. Permanent Residence.

169 VISA-FREE TRAVEL COUNTRIES

Ranked 16th in 2018
* Visa on arrival ** eTA

  •   Albania
  •   Andorra
  •   Austria
  •   Belarus
  •   Belgium
  •   Bosnia & Herzegovina
  •   Bulgaria
  •   Croatia
  •   Cyprus
  •   Czech Republic
  •   Denmark
  •   Estonia
  •   Faroe Islands
  •   Finland
  •   France
  •   Germany
  •   Gibraltar
  •   Greece
  •   Greenland
  •   Hungary
  •   Iceland
  •   Ireland
  •   Italy
  •   Kosovo
  •   Latvia
  •   Liechtenstein
  •   Lithuania
  •   Luxembourg
  •   Macedonia (FYROM)
  •   Malta
  •   Moldova
  •   Monaco
  •   Montenegro
  •   Netherlands
  •   Norway
  •   Poland
  •   Portugal
  •   Romania
  •   San Marino
  •   Serbia
  •   Slovakia
  •   Slovenia
  •   Spain
  •   Sweden
  •   Switzerland
  •   Ukraine
  •   United Kingdom
  •   Vatican City
  •   Bangladesh *
  •   Brunei
  •   Cambodia *
  •   Hong Kong (SAR China)
  •   Indonesia
  •   Japan
  •   Kazakhstan
  •   Kyrgyzstan
  •   Laos *
  •   Macao (SAR China)
  •   Malaysia
  •   Maldives *
  •   Nepal *
  •   Philippines
  •   Singapore
  •   South Korea
  •   Sri Lanka *
  •   Taiwan
  •   Tajikistan *
  •   Thailand *
  •   Timor-Leste
  •   Benin *
  •   Botswana
  •   Burkina Faso
  •   Cape Verde Islands *
  •   Comores Islands *
  •   Djibouti *
  •   Egypt *
  •   Ethiopia *
  •   Gabon *
  •   Gambia
  •   Guinea-Bissau *
  •   Kenya
  •   Madagascar *
  •   Malawi *
  •   Mauritania *
  •   Mauritius
  •   Mayotte
  •   Morocco
  •   Mozambique *
  •   Reunion
  •   Rwanda *
  •   Sao Tome and Principe
  •   Senegal
  •   Seychelles *
  •   Somalia *
  •   South Africa
  •   St. Helena *
  •   Swaziland
  •   Tanzania *
  •   Togo *
  •   Tunisia
  •   Uganda *
  •   Zambia *
  •   Zimbabwe *
  •   Australia **
  •   Cook Islands
  •   Fiji
  •   French Polynesia
  •   Guam **
  •   Kiribati
  •   Marshall Island
  •   Micronesia
  •   New Caledonia
  •   New Zealand
  •   Niue
  •   Northern Mariana Islands **
  •   Palau Islands
  •   Papua New Guinea*
  •   Samoa
  •   Solomon Islands
  •   Tonga
  •   Tuvalu
  •   Vanuatu
  •   Anguilla
  •   Antigua and Barbuda
  •   Aruba
  •   Bahamas
  •   Barbados
  •   Bonaire; St. Eustatius and Saba
  •   British Virgin Islands
  •   Cayman Islands
  •   Curacao
  •   Dominica
  •   Dominican Republic
  •   French West Indies
  •   Grenada
  •   Haiti
  •   Jamaica *
  •   Montserrat
  •   Puerto Rico **
  •   St. Kitts & Nevis
  •   St. Lucia
  •   St. Maarten
  •   St. Vincent and the Grenadines
  •   Trinidad & Tobago
  •   Turks & Caicos Isl.
  •   US Virgin Islands
  •   Argentina
  •   Belize
  •   Bermuda
  •   Bolivia *
  •   Brazil
  •   Canada **
  •   Chile
  •   Colombia
  •   Costa Rica
  •   Ecuador
  •   El Salvador
  •   Falkland Islands
  •   French Guiana
  •   Guatemala
  •   Guyana
  •   Honduras
  •   Mexico
  •   Nicaragua *
  •   Panama
  •   Paraguay
  •   Peru
  •   Suriname *
  •   United States **
  •   Uruguay
  •   Venezuela
  •   Armenia
  •   Bahrain *
  •   Georgia
  •   Iran *
  •   Israel
  •   Jordan *
  •   Kuwait *
  •   Lebanon *
  •   Oman *
  •   Palestinian Territory
  •   Qatar
  •   Turkey
  •   United Arab Emirates

GENERAL INFO

* As Bulgaria is not part of the EU Schengen Agreement, holding residency only grants you the ability to live in the country without having visa free access to other countries. Once you fulfill all Permanent Residency government requirements, you will be allowed to apply for citizenship during year 5.

If the Bulgarian Passport & Citizenship is granted to you, you will hold an EU Passports, with visa free access to 156 countries, and the ability to live, work and open up businesses in any EU country.

APPLY NOW

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T: +971 4 330 0269

M: +971 52 252 1111

E: ask@IRCinvest.com