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  • BULGARIA
  • Residency by Investment

BULGARIA

Bulgaria is a country, with 110.994 km2 and approximate population of 7.1 Million people. The country became an EU member state on the 1st of January 2007 and has a fascinating cultural heritage as prehistoric cultures started developing on current Bulgarian land. Bulgaria borders 5 countries: Serbia, Romania, Republic of Macedonia, Greece and Turkey. The biggest city of the country is its capital Sofia, with a population of 1.3 Million People.

Since the country became an EU member state, besides the visa free travel in 142 countries, the highest grade of residency status gives an opportunity to the investor and his family members to enjoy the Bulgarian Healthcare program, one of the lowest corporate and personal taxation in EU etc...

The investment program for residence and citizenship in Bulgaria started in 2009 and the primary reason for implementing this kind of program was to attract foreign direct investment in the country. The program gives an opportunity to the investor and his/her family members to become permanent residents in EU and become eligible to apply for the citizenship after 5 years.

According to the program, the investor can apply for the permanent residency after investing 512,292 Euro (equals to 1M BGN) in governmental bond portfolio, which is secured by government bonds. The length of the investment is five years and after five years the investment fully returns to the investor without any interest charged thereon. Another option is to pay a reduced amount of 195,000 Euro, which is used to finance 1 M BGN loan from a Bulgarian Chartered Bank. The disadvantage of this option is that 195,000 Euro is not returned to the investor after 5 years.

The next step after granting residency permit is to apply for the Bulgarian citizenship. According to the “law for the Bulgarian Citizenship” says that a person is eligible to apply for the citizenship after 5 years of legal residency in Bulgaria. There is a fast track citizenship program in Bulgaria, which gives an opportunity to the investor to apply for the citizenship only 1 year after his permanent residence status, in case he/she doubles the initial investment. In this case the total amount of the investment will be 1,022,594 Euro (Equals to 2M BGN).

The advantages of this program are that the applicant does not have to pass the Bulgarian language test, there is no physical residency requirement and investor is not obliged to renounce his/her present citizenship.

The standard procedure for the application starts with the background checking. The origin of the money and transparent biography of the applicant is very important for the country. The time period for getting the permanent residency is from 2-3 months.

Capital

Sofia

Location

Located in the continent of Europe, Bulgaria shares land borders with 5 countries: Greece, Macedonia, Romania, Turkey, Serbia.

Language

Bulgarian

Currency

Lev (BGN)

Government

Unitary parliamentary constitutional republic

Area

110,994 km2

Population

7,101,859

Time Zone

EET (UTC+2), Summer (DST) EEST (UTC+3)

  • Reasons to choose BULGARIA?

    • The country is an EU member state and has amazing location for traveling both in eastern and western Europe
    • Rich History and culture of the country
    • Visa free travel to approximately 154 countries (EU, UK)
    • Process to residency needs approximately 6-9 months
    • Residency is a fast-track alternative to obtain Bulgarian Citizenship (within 2 years)
    • No restriction on dual citizenship
    • No mandatory language test and knowledge requirement
    • No mandatory residency requirement
    • Free trade environment and lowest tax rates in EU
    • Citizenship can be transferred by descent regardless of age
  • Visa Free

    Visa-Free/Visa-on-arrival: Albania, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Bermuda, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia and Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei, Cambodia, Cape Verde, Cayman Islands, Chile, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Falkland Islands (Malvinas), Fiji, Finland, France, French Guiana, French Polynesia, Gambia, Georgia, Germany, Gibraltar, Greece, Grenada, Guadeloupe, Guatemala, Haiti, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Montenegro, Montserrat, Morocco, Mozambique, Nepal, Netherlands, New Caledonia, New Zealand, Nicaragua, Niue, Norway, Oman, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Réunion, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Martin (French part), Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Serbia, Seychelles, Singapore, Sint Maarten (Dutch part), Slovakia, Slovenia, Solomon Islands, South Korea, Spain, Swaziland, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vanuatu, Venezuela, Wallis and Futuna, Zambia

    Electronic Authorization: Australia, Gabon, India, Kenya, Myanmar, Norfolk Island, Sri Lanka, Zimbabwe

    Visa required prior to arrival: Afghanistan, Algeria, American Samoa, Angola, Azerbaijan, Benin, Bhutan, Burkina Faso, Burundi, Cameroon, Canada, Central African Republic, Chad, China, Congo Republic, Cuba, Côte d'Ivoire, Democratic Republic of the Congo, Equatorial Guinea, Eritrea, Ethiopia, Ghana, Guam, Guinea, Guinea-Bissau, Guyana, Lesotho, Liberia, Mali, Mongolia, Namibia, Nauru, Niger, Nigeria, North Korea, Northern Mariana Islands, Pakistan, Puerto Rico, Qatar, Russia, Rwanda, Saudi Arabia, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Suriname, Syria, Turkmenistan, U.S. Virgin Islands, United States, Uzbekistan, Vietnam, Yemen

    Entry denied: Libya

84.2
VISA FREE

0.3
ECONOMIC STRENGTH

74.0
HOUSING

85.8
COST OF LIVING

79.9
DOING BUSINESS

81.1
SAFETY & SECURITY

50.0
EDUCATION

52.9
HEALTHCARE

88.4
ENVIRONMENT

64.6
GROWTH RATE

  • MOBILITY: The number of countries you can travel visa-free.
  • ECONOMIC STRENGTH : How strong country’s economic is.
  • HOUSING: Prices of housing and real estate.
  • COST OF LIVING: How cheap goods and services are.
  • BUSINESS: Easiness of doing business.
  • SAFETY & SECURITY: Crime rates in the country.
  • EDUCATION: Primary and secondary education level.
  • HEALTHCARE: Healthcare system development.
  • ENVIRONMENT: Quality of country’s environment.
  • GROWTH RATE: How fast economic is growing.

CITIZENSHIP BY INVESTMENT PROGRAMS

ANDORRA

Residency By Investment

AUSTRALIA

Residency By Investment

BAHAMAS

Residency By Investment

BULGARIA

Residency By Investment

CANADA

Residency By Investment

COSTA RICA

Residency By Investment

GREECE

Residency By Investment

IRELAND

Residency By Investment

JERSEY

Residency By Investment

MALAYSIA

Residency By Investment

MONACO

Residency By Investment

MONTSERRAT

Residency By Investment

NETHERLANDS

Residency By Investment

NEW ZEALAND

Residency By Investment

PORTUGAL

Residency By Investment

SINGAPORE

Residency By Investment

SPAIN

Residency By Investment

SWITZERLAND

Residency By Investment

THAILAND

Residency By Investment

TIER 1 INVESTOR VISA UK

Residency By Investment

TURKS AND CAICOS

Residency By Investment

USA EB-5 VISA PROGRAM

Residency By Investment



 

ST. KITTS & NEVIS

Kennylin House, New Street
Basseterre, St. Kitts KN.


P.O.BOX
440

Tel
+(1869) 465 2878

Fax
+(1869) 465 6077

Email
skn@bayatgroup.com


 

ANTIGUA & BARBUDA

Roberts Building 60 Nevis Street,
St. John’s, Antigua.


P.O.BOX
1301

Tel
+(1268) 462 0076

Fax
+(1268) 462 3077

Email
atg@bayatgroup.com


 

MONTREAL (CANADA)

3418 Stanley Street #R1
Montreal, Quebec, Canada H3A 1R8.

Tel
+(514) 845-0232

Fax
+(514) 845-0203

Email
mtl@bayatgroup.com


 

NEW YORK (USA)

1Barker Ave, White Plains,
NY 10601, United States.

Tel
+1 914-793-2626

Email
mtl@bayatgroup.com


 

PARIS (FRANCE)

91 , Rue de l' Université
75007 France.


Tel
+335 385 93 00

Fax
+334 551 0119

Mob
+336 801 7808

Email
paris@bayatgroup.com


 

DUBAI (U.A.E)

Suite 2302, Al Moosa Tower II, Trade
Centre area, Sheikh Zayed Rd, Dubai, U.A.E.


P.O.BOX
32422

Tel
+(9714) 355 4646

Mob
+(97150) 624 4646

Fax
+(9714) 355 2357

Email
dxb@bayatgroup.com


 

ABU DHABI (U.A.E)

Level 17, The Offices World trade Center Central Market, Al Markaziya, Abu Dhabi, UAE.


P.O.BOX
3876

Tel
+971 2 654 4086

Mob
+971 52 450 5922

Email
aud@bayatgroup.com


 

KUWAIT

Sahab Tower, level 18 Salhia,
Kuwait city, Kuwait.

 

Tel
2227 3887


 

ROSEAU (DOMINICA)

14 Great Marlborough, Roseau,
Commonwealth of Dominica.

Tel
+1 (767) 612 8290

Mob
+(1 767) 277 8399

Email
dom@bayatgroup.com


 

BEIRUT (LEBANON)

Suite 2029, Louis Vuitton Building
Allenby St. Beirut Souks Area,
Beirut, Lebanon

 

Tel
+(961) 1 957561

Email
bei@bayatgroup.com


 

JEDDAH (KSA)

Level 26 King’s Road Tower, King’s Road, Kingdom of Saudi Arabia.

P.O.BOX
Box 40469, Jeddah 21499

Tel
+966 (12) 229 3248


 

GEORGIA

Freedom Square 4a,
Tbilisi, Georgia.

Tel
+(995) 3 22 424252

Email
tbs@bayatgroup.com


 

KUALA LUMPUR (MALAYSIA)

Menara Standard Chartered,
Unit 35-3
.

Tel
+60 (32) 110 9000

Email
kul@bayatgroup.com