Citizenship Requirements

Exactly how to Get an EU Citizenship For Bulgaria

Nowadays, migration programs for home and citizenship are quite prominent. While looking for a much better life, safety for their households, and also quality education for their youngsters, individuals are gaining from getting a second citizenship and also passport. Among the programs that offer this opportunity is the Investor Program for Home and Citizenship Application - BG IIP.

The Capitalist Program for House as well as Citizenship in Bulgaria is a comparatively new program; the law was enacted by Bulgarian parliament in April 2009. The program is based on the Canadian immigrant capitalist version, with the special distinction of physical exception of the capitalists during the permanent residency period. The main goal of BG IIP is for the financier to apply for Bulgarian, respectively European Union, citizenship after a 5-year residency period.

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It takes between 6 to 8 months for an candidate to get his/her Bulgarian long-term residence card (PRC), much quicker compared to similar programs. Additionally, there are no Citizenship Requirements concerning race, religious beliefs, administration or job experience, education and learning, or age-limit to make an application for BG IIP.

Upon Applying For Citizenship, the capitalist delights in the same civil liberties as well as obligations as various other Bulgarian residents (except voting, competing parliament, and also in some cases, holding a high protection work).

A permanent house authorization likewise qualifies the capitalist to Apply For Citizenship Online.

Advantages of Having a Bulgarian EU Citizenship

  • Visa-free or visa-on-arrival to greater than 150 nations as well as areas, as a Bulgarian passport owner
  • Substantial business chances with the EU " Solitary Market", over 450 million individuals
  • A brighter future for your kids through quality education with minimum Citizenship Application Fee.
  • A high standard of living, by having the ability to move to any kind of EU member stat
  • As an EU citizen, you are qualified to social programs such as unemployment insurance, pension plans, as well as economical healthcare in the nation of your brand-new citizenship
  • Accessibility and equal rights to justice throughout the EU
  • Bulgaria offers a desirable taxation plan, a highly-skilled labor force, as well as the lowest operational costs in the EU


That is eligible to use?

As an investor, you should meet the complying with standards to participate in the program:

  • Be a non-European citizen
  • Have a mixed net worth above EUR 1 million
  • Have the ability to confirm that the resource of these funds is reputable
  • Be willing to spend EUR 511,292 in a government bonds profile for 5 years; or, to spend EUR 170,000 if you choose the financed choice
  • You have no criminal record
  • Have the ability to travel to Bulgaria to complete the application process

Financial investment Options in the BG IIP

In order to adhere to the Motivation of Financial Investment Act, you should present a straight investment certificate issued by the Bulgarian Ministry of Finance. One of the most protected method to obtain such an financial investment certification is to invest in a Bulgarian federal government bonds portfolio. The financial investment is fully safeguarded and ensured by the Bulgarian government.

As a competent capitalist in BG IIP, you can choose between 2 investment options to participate:

Full Investment Alternative - you will deposit the total of BGN 1,000,000 (EUR 511,292) for 5 years. At the end of the fifth year, this quantity is reimbursed to you without accumulated passion.

For the complete investment choice, you ought to show individual or household combined internet properties of at the very least EUR 511,292. Most typical assets acceptable for participating in this program are cash money, property, business and also investment certifications, including bonds as well as stocks.


Financed Investment Choice - you will transfer a minimized amount of EUR 170,000. This quantity is made use of to fund a 1,000,000 BGN (EUR 511,292) closed five-year term lending from a chartered Bulgarian financial institution. The quantity of EUR 170,000 is not refunded to the investor at the end of the 5th year, since it is used to cover the bank loan costs.

For the financed financial investment choice, you ought to demonstrate individual or household Citizenship Application Status along with combined net properties worldwide of greater than EUR1 million. Most common assets acceptable for joining this program are cash, property, business and also financial investment certificates, including bonds and stocks.

On the basis of this investment, you are taken into consideration "special" by the Bulgarian state, according to the legislation effective, as well as you are granted Long-term Residential standing for 5 years. After 5 years, you may obtain Bulgarian key with Immigration Review and also Bulgarian citizenship.

Legal Background of the BG IIP

The statutory arrangements of the Bulgarian Investor Program for Home as well as Citizenship are stated by an change in the Foreigners in the Republic of Bulgaria Act (FRBA) legislation as well as released by The Bulgarian State Gazette, issue 36 (May 15, 2009).

You can find additional confirmation at the Invest Bulgaria Agency site. Invest Bulgaria Agency is a division of the Bulgarian Ministry of Economic Climate, Power, as well as Tourism, as well as is recommended to advertise and support the Bulgarian Capitalist Program for Residence as well as Citizenship.

Summary of the BG IIP

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

Other essential advantages of Citizenship And Immigration Services are the lawful exemption for physical residency, low-cost of performing company, cheapest taxes in the EU, underestimated properties, stable financial growth, political security, expanding foreign direct financial investments, strategic geographical place, cost effective healthcare and also education, high quality of life.

Having a twin citizenship and also passport is a clever investment for the future.

Acquiring a 2nd ticket is a matter of legality to secure yourself, your family, and also your assets from unexpected events.

" The second citizenship as well as second ticket are like insurance coverage. When you truly need insurance, it might be too late to get it."

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External Links :
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How To Get Dual Citizenship

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