With its rich history, proud culture, and stunning scenery, planting a flag in Bulgaria can be quite worthwhile if you’re willing to endure the process. The country is also a food lover’s paradise with diverse local cuisine. Bulgaria’s diverse and scenic landscape also means that you have a great variety of options to choose from when deciding on your official second residence. Whether you dream of owning an Alpine ski villa or a condo by the beach, you’ll have plenty of options in Bulgaria.
The Investor Program for Citizenship in Bulgaria has the following benefits:
Unrestricted right to live, work and study in Europe.
Right to own land in any EU country.
Bulgaria’s history is rich and fascinating and also it’s breath-taking beauty is one more reason, for people to stay here.
Residency within six to nine months.
Fast-track option for citizenship within two years.
Special exemption from physical residence enforced with legislation.
Government-approved investments and available financing options from banks.
No language requirements.
No obligation to relinquish current nationality.
Lowest tax rates and free-trade environment within the EU.
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 requirements for those who opt for the regular program are as follows:
Be over 18 years old.
Must have maintained permanent resident status and a valid residential address for the past five years.
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).
Investors will need to file a citizenship application and pass medical tests in their current country of residence.