May 23rd, 2023 at 05:26 am
Bulgaria Immigrant Investor Visa application guide
Bulgaria is a Balkan country with a shoreline on the Black Sea. Moreover, Bulgaria shares borders with Greece, Romania, Serbia, Turkey, and Macedonia. The capital is Sofia, and the currency is the strong and safe Bulgarian Lev. Bulgaria is a part of the European Union, NATO, and the European Council. The energy, mining, metallurgy, machine building, agriculture, and tourism areas are the most important ones. The Schengen area does not include Bulgaria.
Bulgaria has low taxes, like a 10% tax on both individuals and businesses and a skilled, educated workforce.
The “Immigrant Investor Program” in Bulgaria is a way for outsiders to get permanent residency.
Qualifying Investments
- €250,000 in a business company (only temporary residency)
- €300,000 in property (only for a casual living)
- €512,000 (BGN 1 million) Business business capital (PR immediate)
- €512,000 (BGN 1 million) Bonds from the government (PR right away)
The amount invested must stay there for 5 years, after which it will be paid back with interest.
Bulgaria also has a fast-track citizenship program that costs twice as much as the ones above.
Bulgaria Citizenship
After living in the country officially for five years, a foreigner can apply to become a citizen.
Bulgaria passport
A Bulgarian passport gives you rights as an EU member. As of 2018, the Bulgarian passport is the 18th best in the world. It can be used without a visa in 169 countries, including Canada, the UK, and Europe.
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