Citizenship and Investments LTD advises the Bulgarian Government on the draft for amendment of the Bulgarian Citizenship Law (05.04.2019) Strong support by the AEOB for the Bulgarian Citizenship by Investment Program (01.04.2019) The latest (25.03.2019) … The Bulgarian Immigration by Investment programs provide for affluent persons of impeccable standing and repute, including their families, to receive the Bulgarian citizenship (EU passport) on the basis of an investment in Bulgaria. EU citizens have access to the social security and medical system in all member states, depending on their choice of residency. Of course, the Bulgarian citizenship program has also many other advantages (you can read about "the 10 myths about the Bulgarian Citizenship by Investment program"), such as lower investment requirement, lower fees, the fact that the investment can be in monetary form thereby eliminating the need of buying real estate that the applicant doesn’t really need, and much, much more. In Bulgaria, you can obtain residency between 6-9 months. In the EU itself, Bulgaria’s fast-track citizenship program is not the only one. Before migrating to Canada, it... How to Apply for Canadian Green Card Lottery, How to Obtain Tourist Russia Voucher for Visa Collection, How to Write Invitation Letter for Business Visa, ETH Zurich – Swiss Federal Institute of Technology, Latest Hotel Jobs in Australia for Foreigners and Citizens, How to get Australian Citizenship by Investment, How to Get Spain Citizenship by Investment the Right Way, How to Get Turkey Citizenship by Investment. Submitting the application for Bulgarian citizenship. However, it’s a cultural melting pot with Greek, Slavic, Ottoman, and Persian influences; it has a rich heritage of traditional dance, music, costumes, and crafts. By the Bulgarian citizenship law, in case of investment in Bulgarian shares or bonds, the positions should be held for at least 2 years after the citizenship decree has been signed. You must be 18 and above to participate for this program, You must have maintained permanent residence status for a period of at least 5years, A passport or other travel documents is required, A passport styled photograph is also required. These are in general either exclusive properties with extremely high investment potential (including land plots) or historical (heritage) properties. This option provides the opportunity to invest in virtually any financial instruments – worldwide (the Bulgarian bank only acts as custodian). Even then, the process of approving these applications takes another 2 to 5 years, making the total waiting period, in the majority of the cases, more than 15 years. Individuals can choose between passive investments, acquiring real estate in the country, or engaging in certain entrepreneurial options. Investment in government bonds €1,022,000 — a minimum investment (paid in two installments, per €511,000 each, with a 1 year interval) Bulgarian is known to be a very rich cultural country. China: Our participation at the "Emigration & Luxury Property" EXPO in Shanghai on 22-23 March 2018. Some clients from certain countries (with favorable visa-free travel possibilities) are often utilizing the semi-fast-track citizenship option in order to relocate to Bulgaria or to obtain much more favorable tax status than in their own country. The Bulgarian citizenship by investment program is stipulated in two Acts – The Foreigners of the Republic of Bulgaria Act and the Citizenship Act. The investment grade credit rating of Bulgaria by all major agencies, such as "Standard and Poor’s" and "Moody’s" is additional layer of protection and peace of mind for the investor in Bulgarian government bonds. While we firmly believe that the ultimate goal for everyone should be the full EU citizenship status, there are some cases when the applicant is content with Bulgarian permanent residency. Application for permanent residency for the main applicant’s family members (if applicable). This is probably the reason why many unregistered and not licensed agents are advising liquidating the investment right after the citizenship has been acquired. Then lift your sails and prepare yourself to explore a whole new world of opportunities. The reason for this increase is the high level of growth... Sweden is one of the favorite countries with a sound educational system to accommodate international students searching for better education. Think of citizenship by investment as your shortcut to a second passport. There have been some modifications... Do you know the number of plumbing jobs in Canada has increased geometrically? Read more. Bulgaria has one of the best healthcare services in the globe. Either way, there is a very good reason why the EU is restricting the sale of these estates to non-citizens. The requirements for those who opt for the regular program are as follows: 1. Source of funds is of extreme importance for example, but stating simply "personal savings" doesn’t do the job in Europe anymore. Every citizen who is a national of a (EU) Member State is also a citizen of the Union (EU). This citizenship vests new rights in Europeans, viz. The visa reciprocity is a legal mechanism aiming to achieve completely visa free travel for citizens of all (EU) Member States to every non EU country whose citizens can travel visa-free to the EU. It is your ultimate protection and if you are ever been asked or offered to invest by transferring the investment amount to someone else, we urge you to immediately seek legal advice. Obtaining investor visa "type D" (legally required). Historical Prague, beautiful Greek island or ice-cold Finland – you have full rights, as EU citizen. For example, there are more and more US citizens that apply for the semi-fast-track option and obtain full Bulgarian citizenship at a later stage. 25 (1) of the Foreigners of the Republic of Bulgaria Act “Permit for permanent residence may be obtained by the foreigners who: have invested over BGN 1 000 000 or increased their investment by this amount by acquisition of: (b) bonds and treasury bills, as well as derivative instruments issued by the State or municipalities, with a residual ter… Last, but not least, the investment is held segregated from the bank’s own assets, meaning that in the unlikely event of the bank failing, your assets will still be fully protected. After 5 years, you get your capital back. ID card is sufficient to cross any order via the express "EU only" gates (available at all EU airports). If you’ve any further question in regards to this topic, please do let me know via comment section. So it’s a good destination for tourism. 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