Bulgarian Dual Citizenship

Just how to Obtain an EU Citizenship For Bulgaria With Citizensl

Nowadays, migration programs for home and also citizenship are fairly preferred. While looking for a better life, safety and security for their family members, and quality education for their youngsters, individuals are taking advantage of getting a second citizenship and key. Amongst the programs that give this possibility is the Investor Program for Home and also Citizenship in Bulgaria - BG IIP.

The Investor Program for House as well as Citizenship in Bulgaria is a relatively new program; the legislation was enacted by Bulgarian parliament in April 2009. The program is based upon the Canadian immigrant capitalist version, with the unique difference of physical exception of the capitalists during the irreversible residency duration. The primary goal of BG IIP is for the capitalist to request Bulgarian, respectively European Union, citizenship after a 5-year residency period.

European Citizenship

It takes between 6 to 8 months for an applicant to get his/her Bulgarian Citizenship, much faster compared to similar programs. Additionally, there are no needs referring to nationality, faith, monitoring or job experience, education and learning, or age-limit to Apply For Bulgarian Citizenship.

Upon getting a PRC, the investor takes pleasure in the exact same legal rights and also commitments as other Bulgarian people (except voting, competing parliament, and also in some cases, holding a high safety and security work).

An Application For Bulgarian Citizenship additionally qualifies the capitalist to stay in Bulgaria for an indefinite duration.

Benefits of Having a Bulgarian EU Citizenship

Visa-free or visa-on-arrival to more than 150 countries and regions, as a Bulgarian passport owner
Vast company possibilities with the EU "Single Market", over 450 million individuals
A brighter future for your children with high quality education and learning
A high standard of life, by being able to relocate to any type of EU member stat
As an EU citizen, you are qualified to social programs such as welfare, pension plans, and budget-friendly medical care in the country of your new citizenship
Access and also equal rights to justice throughout the EU
Bulgaria uses a desirable taxation plan, a highly-skilled labor force, and the most affordable functional expenses in the EU

That is qualified to use?

As an financier, you must meet the following Bulgarian Citizenship Requirements to take part in the program:

Be a non-European citizen
Have a consolidated total assets greater than EUR 1 million
Be able to confirm that the resource of these funds is reputable
Be willing to spend EUR 511,292 in a federal government bonds portfolio for 5 years; or, to spend EUR 170,000 if you choose the funded option
You have no criminal record
Be able to take a trip to Bulgaria to finish the application procedure
Financial investment Options in the BG IIP

In order to adhere to the Support of Financial Investment Act, you have to offer a direct investment certificate issued by the Bulgarian Ministry of Finance. The most protected way to get such an investment certificate is to purchase a Bulgarian federal government bonds portfolio. The financial investment is completely secured as well as ensured by the Bulgarian government.

As a certified financier in BG IIP, you can select between 2 financial investment options to take part:

Complete Investment Option - you shall transfer the full amount of BGN 1,000,000 (EUR 511,292) for 5 years. At the end of the fifth year, this amount is refunded to you without built up rate of interest.

For the full investment alternative, you need to demonstrate personal or family mixed internet assets of a minimum of EUR 511,292. Most common assets acceptable for joining this program are cash, property, company and also financial investment certificates, including bonds and also supplies.


Financed Financial Investment Alternative - you will transfer a lowered quantity of EUR 170,000. This quantity is used to finance a 1,000,000 BGN (EUR 511,292) closed five-year term loan from a chartered Bulgarian financial institution. The quantity of EUR 170,000 is not reimbursed to the financier at the end of the fifth year, given that it is used to cover the small business loan expenses.

For the financed financial investment option, you ought to show individual or family consolidated net possessions worldwide of more than EUR1 million. Most usual possessions appropriate for joining this program are cash, property, service and investment certifications, including bonds and supplies.

On the basis of this investment, you are considered " unique" by the Bulgarian state, according to the regulations active, and you are provided Long-term Residential status for 5 years. After 5 years, you may obtain Bulgarian Dual Citizenship.

Lawful Background of the BG IIP

The legal arrangements of the Bulgarian Capitalist Program for House as well as Citizenship are specified by an amendment in the Immigrants in the Republic of Bulgaria Act (FRBA) regulation as well as released by The Bulgarian State Gazette, concern 36 (May 15, 2009).

You can locate additional confirmation at the Invest Bulgaria Company website. Spend Bulgaria Agency is a division of the Bulgarian Ministry of Economic Situation, Energy, and Tourism, as well as is supported to promote and sustain the Bulgarian Investor Program for Home and also Citizenship.

Summary of the BG IIP

The major benefit of the Immigrant Investor Program for Home and Citizenship in Bulgaria is the opportunity to end up being a resident of Bulgaria and the European Union within 6 to 8 months.

Other essential advantages are the legal exception for physical residency, low-cost of performing business, least expensive taxes in the EU, undervalued properties, stable economic growth, political security, growing international direct investments, strategic geographical area, budget friendly health care and also education and learning, high quality of life.

Having a twin citizenship as well as passport is a clever financial investment for the future.

Obtaining a 2nd passport refers validity to secure yourself, your family, and also your assets from unanticipated occasions.

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External Links :
Apply For Bulgarian Citizenship

Bulgarian Citizenship By Marriage

Bulgarian Citizenship Requirements

Bulgarian Citizenship

Bulgarian Dual Citizenship

Bulgarian Dual Citizenship

Apply For Bulgarian Citizenship

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