Bulgarian Citizenship by Investment

It is possible to obtain Bulgarian citizenship through investment. The Bulgarian government offers a Citizenship by Investment program that allows foreign nationals to invest in the country in exchange for citizenship.

Who is Eligible?

To be eligible for this program, you must make an investment of at least BGN 1,000,000 (approximately $600,000 USD) in one of the following categories:

  1. Invest in a Bulgarian company or companies that are carrying out a priority investment project certified under the Investment Promotion Act. The investment should be made in the equity of the company or companies
  2. Invest in government securities for a minimum of BGN 1,000,000 (about $600,000 USD) for a minimum of five years
  3. Invest in Bulgarian real estate with a BGN 1,000,000 (about $600,000 USD) minimum valuation

What is the Process?

  1. Make a minimum investment of BGN 1,000,000 (about USD 600,000) in a portfolio of Bulgarian government bonds. A minimum of five years must pass before selling this investment
  2. Open a bank account in Bulgaria and deposit the investment amount there
  3. Obtain a certificate of investment proving the investment was made and that it satisfies the criteria for citizenship by investment from the Bulgarian Ministry of Finance
  4. Apply for a resident permit there in order to stay in Bulgaria for a prolonged amount of time while your citizenship application is being processed.
  5. Submit required paperwork, including evidence of investment, results of background checks, and medical exams
  6. Have your resident permission for at least 18 months. Additional paperwork must be submitted in this case, including evidence of language ability and familiarity with Bulgarian politics, history, and culture

If your application is accepted, you’ll be given the opportunity to take the Bulgarian citizenship oath and obtain your citizenship certificate.

FAQ

What conditions must be met to obtain Bulgarian citizenship by investment?

You must put at least BGN 1,000,000 (about USD 600,000) into a portfolio of Bulgarian government bonds for a minimum of five years

How long does it take to obtain Bulgarian citizenship by investment?

The processing time for Bulgarian citizenship by investment can vary but typically takes around 12-18 months

What are the required paperwork?

The required paperwork include evidence of investment, results of background checks, and medical exams

Is it necessary to have a residence permit before applying for Bulgarian citizenship through investment?

No, a residence permit is not required to apply for Bulgarian citizenship through investment

Are there any language requirements for obtaining Bulgarian citizenship through investment?

No, there are no language requirements for obtaining Bulgarian citizenship through investment

Can my family members obtain Bulgarian citizenship through my investment?

Yes, your spouse and children under the age of 18 can obtain Bulgarian citizenship through your investment

Do I need to reside in Bulgaria to maintain my Bulgarian citizenship obtained through investment?

No, there are no residency requirements for maintaining Bulgarian citizenship obtained through investment

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