Bulgaria
Residency by Investment
About
Minimum Investment
€511,000
Mixed Investment
Minimum Investment
N/A
Real Estate
Time To Citizenship
6-9
Months
Visa-Free Access*
170+
Countries & Territories
About the program
To be eligible to apply for this program, you must be over 18 years old, in good health and without a criminal record.
Applicants are also required to make a deposit in a Governmental Bond Portfolio for an investment period of five years, with no further payment required.
Benefits
✔️ Visa-free travel
As a permanent resident of Bulgaria, you are a resident of the European Union, thus you are entitled to freedom of movement in the Schengen area.
✔️ High standard of living
The program is based on the law & is guaranteed by the government since 2013.
✔️ Health & Education
Designed to be a smooth and straightforward process with a timeframe of 6 months to your new citizenship.
✔️ Tax relief
Bulgaria has low tax rates and free trade environment within the EU with Macroeconomic and financial stability.
✔️ Minimal residency required
There are no physical residency requirements. You are not required to visit before or after the application.
✔️ Dual Citizenship permitted
There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.
Program requirements
✔️ Main applicant requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
✔️ Eligible dependents
- Spouse of the main applicant
- Children (biological or adopted) regardless of age
*Parents and children older than 18 must be dependent on the main applicant.
Program process
The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice.
The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.
The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.
Legal basis
Offered in accordance with the Foreigners in the Art. 25, para 1, items 6 or 7, of Foreigners in Republic of Bulgaria, the Investor Program for Residence and Citizenship includes a fast-track citizenship option. To qualify for application, you will need to meet one of the requirements outlined in the “Investment Options” section.
Acquiring a Bulgarian permanent residence through the immigration program provides investors with all the rights of a Bulgarian citizen, except the right to vote. The residence gives applicants the right to enter and leave Bulgaria freely, as well as the right to travel across all European countries visa-free.