Citizenship Requirements

How to Obtain an EU Citizenship For Bulgaria

Nowadays, migration programs for residence and also citizenship are quite prominent. While looking for a better life, protection for their family members, and quality education and learning for their children, people are gaining from acquiring a second citizenship as well as key. Among the programs that give this possibility is the Capitalist Program for House as well as Citizenship Application - BG IIP.

The Financier Program for Residence and Citizenship in Bulgaria is a fairly new program; the regulation was enacted by Bulgarian parliament in April 2009. The program is based upon the Canadian immigrant investor model, with the distinct distinction of physical exemption of the capitalists during the long-term residency duration. The primary objective of BG IIP is for the capitalist to get 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 receive his/her Bulgarian permanent house card (PRC), much faster compared to comparable programs. Additionally, there are no Citizenship Requirements concerning citizenship, faith, administration or job experience, education, or age-limit to get BG IIP.

Upon Applying For Citizenship, the financier delights in the same rights and obligations as various other Bulgarian citizens ( other than ballot, competing parliament, and sometimes, holding a high security job).

A irreversible residence permit also entitles the investor to Apply For Citizenship Online.

Advantages of Having a Bulgarian EU Citizenship

  • Visa-free or visa-on-arrival to more than 150 countries and also areas, as a Bulgarian key owner
  • Substantial business possibilities with the EU " Solitary Market", over 450 million individuals
  • A brighter future for your children with high quality education with minimum Citizenship Application Fee.
  • A high standard of life, by having the ability to transfer to any EU member stat
  • As an EU citizen, you are entitled to social programs such as unemployment benefits, pensions, and inexpensive medical care in the nation of your brand-new citizenship
  • Gain access to and also equal rights to justice throughout the EU
  • Bulgaria supplies a positive taxes policy, a highly-skilled workforce, as well as the most affordable operational expenses in the EU


Who is qualified to use?

As an financier, you ought to fulfill the following requirements to participate in the program:

  • Be a non-European citizen
  • Have a combined net worth higher than EUR 1 million
  • Be able to prove that the source of these funds is legitimate
  • Be willing to spend EUR 511,292 in a government bonds profile for 5 years; or, to invest EUR 170,000 if you choose the financed option
  • You have no rap sheet
  • Have the ability to travel to Bulgaria to complete the application process

Investment Options in the BG IIP

In order to abide by the Motivation of Investment Act, you should offer a straight investment certification released by the Bulgarian Ministry of Financing. The most protected way to acquire such an investment certification is to purchase a Bulgarian federal government bonds profile. The financial investment is completely safeguarded and ensured by the Bulgarian federal government.

As a professional investor in BG IIP, you can pick in between 2 investment choices to participate:

Full Investment Alternative - you will deposit the full amount of BGN 1,000,000 (EUR 511,292) for 5 years. At the end of the 5th year, this quantity is refunded to you without built up passion.

For the complete financial investment option, you need to show personal or family consolidated internet possessions of a minimum of EUR 511,292. Most usual assets appropriate for joining this program are cash, property, service as well as financial investment certificates, including bonds as well as stocks.


Financed Financial Investment Option - you will transfer a minimized amount of EUR 170,000. This amount is used to finance a 1,000,000 BGN (EUR 511,292) shut five-year term funding from a chartered Bulgarian financial institution. The quantity of EUR 170,000 is not refunded to the capitalist at the end of the fifth year, because it is made use of to cover the small business loan expenditures.

For the funded financial investment alternative, you should demonstrate personal or household Citizenship Application Status along with consolidated web properties worldwide of greater than EUR1 million. Most common properties acceptable for joining this program are cash, property, company as well as investment certifications, including bonds as well as supplies.

On the basis of this financial investment, you are taken into consideration " unique" by the Bulgarian state, according to the legislation active, as well as you are granted Irreversible Residential status for 5 years. After 5 years, you might apply for Bulgarian ticket with Immigration Review as well as Bulgarian citizenship.

Lawful History of the BG IIP

The statutory provisions of the Bulgarian Capitalist Program for Home as well as Citizenship are stated by an modification in the Foreigners in the Republic of Bulgaria Act (FRBA) regulation as well as published by The Bulgarian State Gazette, problem 36 (May 15, 2009).

You can discover added verification at the Invest Bulgaria Agency website. Spend Bulgaria Agency is a department of the Bulgarian Ministry of Economic Situation, Energy, and Tourism, and also is endorsed to promote and support the Bulgarian Financier Program for Residence as well as Citizenship.

Recap of the BG IIP

The primary advantage of the Immigrant Capitalist Program for Residence and also Citizenship in Bulgaria is the possibility to come to be a resident of Bulgaria and the European Union within 6 to 8 months.

Various other crucial advantages of Citizenship And Immigration Services are the lawful exception for physical residency, low-cost of performing organization, cheapest tax obligations in the EU, underestimated possessions, consistent economic development, political security, growing international direct financial investments, tactical geographical location, affordable health care and also education, top quality of life.

Having a dual citizenship and ticket is a clever financial investment for the future.

Obtaining a 2nd key is a matter of legitimacy to secure yourself, your family, and your assets from unforeseen events.

" The 2nd citizenship as well as second passport resemble insurance policy. When you truly need insurance coverage, it may be too late to get it."

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