bulgarian citizenship by investment fast track

You may change your cookie settings at any time. RSS, Our law firm specialises in assisting EU and non-EU nationals to obtain Bulgarian citizenship and passport by investment. According to Art. The fast-track option allows investors to apply for citizenship faster by doubling their investment. This could lead to your citizenship application being refused. Consent by a parent who has lost his parental rights is not required. Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. • Access to high quality healthcare in Bulgaria and the EU; A fast track option to receiving citizenship status is possible by doubling the initial investment amount. • Special exemption from physical residence enforced with legislation; Fast Track to Citizenship. Timeframe. 1 of the Citizenship Act (fluency in Bulgarian language is required). The investor may sell the government bonds two years after the citizenship was granted. The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the Bulgarian Stock Exchange. Must have maintained permanent resident status and a valid residential address for the past five years. The other option, the core “fast-track” route, enables the citizenship candidate to increase its investment in bonds to a total amount of 2 million Bulgarian Lev and obtain Bulgarian citizenship in only 12 months after the permanent residency status has been granted. In other words, spouses need to hold permanent residence for five years before they can apply for Bulgarian citizenship. Why Bulgaria? Do you receive our monthly Global Citizen Newswire? Scout out opportunities for a new life for you and your family in Bulgaria. We will assist your spouse and dependents to obtain permanent residence and Bulgarian citizenship at no extra cost. The fee to process dependents is included in our fee for the main applicant. Be a non-EU citizen. The investment is fully guaranteed by the government bonds. Free movement within the Schengen zone after Bulgaria becomes a member state. The interest of foreigners in recent years is attracted by the Bulgarian citizenship through investments Program and the Residence in Bulgaria through Investment Program. • Please note that this list is subject to change and so kindly confirm the information before planning any trip. 12a of the Bulgarian Citizenship Act, the spouse of the main applicant can acquire Bulgarian citizenship if she/ he meets the requirements of Art. You may apply for the issuance of a Bulgarian passport at the local branches of the Ministry of Interior in Bulgaria or at the nearest Bulgarian embassy or general consulate. 3. Access to high-quality health care in Bulgaria and the EU. Provide documents supportin… • Government-approved investment; Under the express procedure, the cards are ready on the third business day following the day of application. The investor is  required to keep the government bonds for two years after the citizenship was granted. An example is the Bulgarian citizenship for special merits program, where many football players got Bulgarian citizenship by playing for Bulgarian clubs. The investor needs to invest 511 292 EUR in the first year and double the investment to 1,024,000 EUR in the second year. Lowest tax rates and free-trade environment within the EU. The Bulgaria Fast-Track Citizenship Program allows an applicant to obtain permanent residence in 3-4 months, and full Bulgarian “EU” citizenship within 20-24 months, for €260,000 (one-time “walk away” financing option) plus €50,000 in legal, due diligence, government, and apartment rental fees. Investors who have been sentenced cannot apply for Bulgarian citizenship by investment. See the power of global mobility for each passport. By continuing to browse the site, we'll assume that it is consented. “YOU CAN BUY BULGARIAN PASSPORT” This is the most common misconceptions about … Unfortunately, spouses can obtain Bulgarian citizenship after holding, Children below 18 years old get Bulgarian citizenship immediately after the investor was granted Bulgarian citizenship. The full investment in this case of €1,022,584 can be financed at €270,000. The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the, To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about. The investor does not need to invest his/ her own money of 1,024.000 EUR in government bonds. Fast-track Bulgarian Citizenship by investment If the investor doubles the investment in Year 2, he/ she will qualify under the fast track Bulgarian citizenship program and may obtain Bulgarian citizenship and passport within 18 months of making the first investment. Acquire a fast-track citizenship within 18 months and travel freely within the entire European Union. Under these programs, a foreigner can become a citizen of the European Union in less than 3 years. Special exemption from physical residence enforced with legislation. It is officially known as “Fast track’ investor citizenship scheme, administered by the Investment promotion agency Bulgaria were first introduced in the Bulgarian legislation in 2005. • No obligation to relinquish current nationality; Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program. http://www.loc.gov/law/help/investor-visas/bulgaria.php. in Bulgaria The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) ... Rich in history and culture . In accordance with the Bulgarian Citizenship Act, foreign investors who hold a permanent resident permit for at least five years are eligible to apply for Bulgarian citizenship. Our law firm is collaborating with MultiTravel Consultants Inc., trustful and experienced consultants in obtaining Comoros and St. Lucia citizenship and passport. We have assisted more foreign investors to obtain Bulgarian passport than any other law firm or consultancy. At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgaria Citizenship by Investment. If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to contact us. The program for obtaining Bulgarian citizenship through investment requires: – initial investment of BGN 1 000 000 (EUR 512 000), on the basis of which the investor will be entitled to receive permanent residence in Bulgaria; The Bulgarian Parliament, by passing these laws (that provide the opportunity for fast track citizenship), has shown clearly that Bulgaria is willing to provide "safe harbour" to those who have proven themselves being reliable citizens. LIST OF VISA FREE TRAVEL COUNTRIES FOR BULGARIA PASSPORT HOLDERS. • Lowest tax rates and free trade environment within the EU. The "fast track option" starts at … This step includes the preparation of the set of investor’s D-type visa application documents, and investment certificate issued from the Bulgarian Investment Agency. There are still strict requirements that any foreign resident must follow in order to comply with the program, but compared to other European countries, Bulgaria is much faster. Have at least one year of permanent residency status. Make Bulgaria your gateway to Europe. Fast-track citizenship by marriage Traditionally, people tend to think that marrying foreign national entitled them to citizenship of their partner’s home country. Acquiring Bulgarian Citizenship through Investment – the “Law for the Foreigners in Bulgaria” and the “Law for the Bulgarian Citizenship”. Citizenship, Residency, and Visas in Bulgaria Fast Track Bulgarian Citizenship by Investment. Children from 14 to 18 years of age can apply personally for Bulgarian citizenship. We urge anyone who has been offered services by non-registered agents, part of which include transferring the investment amount to the agent’s account, to immediately seek legal advice. The Bulgarian Citizenship by Investment Your straightforward route to acquiring EU Citizenship for the entire family with freedom to live, work and study in any of the 28 EU countries in just 2 years via the fast-track option. Ranked as the best citizenship by investment program in the European Union. Reserve a date for applying for Bulgarian citizenship by investment. The ideal gateway into the European economy and way of life, Bulgaria is diverse, culturally rich, and perfectly placed for working and travelling in and around the continent. 12, para 1, items 1, 2, 3, and 4 . Bulgaria has an investor program which came into force in 2009, for foreign investors who invest significant amount of money in the economy of Bulgaria. 2. Unfortunately, children above 18 years old may apply for Bulgarian citizenship by origin. Month 2 – The investor applies for an Investor D-type visa in the nearest Bulgarian embassy or general consulate. Excellent choice is the citizenship of Dominica or St. Lucia. At the end of the five-year period, the full amount will be returned to the investor without any accrued interest. Unfortunately, children above 18 years old may apply for, You may find on the internet different consultancy firms offering the so-called “financed option through repo deals” where the “Investor” pays a Bulgarian or foreign bank institution interest rate of 100,000 EUR to 250,000 EUR (non-refundable) to purchase. Please contact us for the cost of financing and further details. | Legal Notes | Site Map | Bulgarian Citizenship Fast Track | Bulgarian Companies | Tax residence of Bulgaria | Contact | 通過投資獲得保加利亞公民身份 | How to buy a property in Bulgaria | Accounting services in Bulgaria | Buying a property in Plovdiv | 購買保加利亞房產 | 在保加利亞購買房產須知 The Bulgarian legislation allows EU and non-EU nationals to get Bulgarian passport within two years and the investment to be fully refunded at the end of this period with the accrued interest. In order to apply for the Fast Track Bulgarian Citizenship Program you must first make an investment of over BGN 1,000,000 (app. Fast Track Bulgarian citizenship and passport by Investment In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. The requirements for this option are as follows: Financing options are available to qualified applicants. Offered in accordance with the Foreigners in the Republic of Bulgaria Act, the Investor Program for Residence and Citizenship includes a fast-track citizenship option. Check the status of your citizenship application. Make the minimum statutory trips to Bulgaria. Sooner is better than later. You can have a look at Advocate Vasil Markov’s, The client purchases government bonds of 512,000 EUR. You may find on the internet different consultancy firms offering the so-called “financed option through repo deals” where the “Investor” pays a Bulgarian or foreign bank institution interest rate of 100,000 EUR to 250,000 EUR (non-refundable) to purchase Bulgarian government bonds. Yes, you can but you will be classed as a foreign student and will need to pay additional student fees. Citizenship applications of spouses are considered within six months. Fast Track Bulgarian citizenship and passport by Investment In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. • Free movement within the Schengen countries after acceptance; • Access to high quality healthcare in Bulgaria and the EU; • Free state education to family members; • Unrestricted right to live, work and study in Europe; • Becoming a Bulgarian tax resident and pay only 10% flat tax rate on your worldwide income. BENEFITS FOR PERMANENT RESIDENTS: There are many, so called “golden visa” schemes in the EU, but you should make clear distinction between citizenship and residency (golden visa). Then, the family reunification process can be started. Citizenship applications of children under 18 years of age are considered within twelve months. Fast-track option for citizenship within two years. We may file the citizenship applications for the family members once the investor’s application is approved and Bulgarian citizenship and passport granted. The fast-track option allows investors to apply for citizenship faster by doubling their investment. The requirements for this option are as follows: • Have at least one year of permanent residency status; Family members will obtain permanent residence in 3 months. The law office of Advocate Markov was recognised for the second consequent year as Citizenship Law Firm of the Year in Bulgaria by the prestigious legal guide, Global Law Experts. We will assist your family members to obtain permanent residence and Bulgarian citizenship at no extra cost. In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. The Bulgarian fast-track option legal provisions ensure that the applicant’s investment receives the ultimate protection. Please note however that there is no clearly defined and predictable path to citizenship through the Bulgarian “programme”. However, the European Commission has launched many exchange programs between the EU Universities to enable students to have easier access to study abroad. The fee to process your family members is included in our fee for the main applicant. Our colleagues are fully authorized and approved by the Comoros government to handle Comoros and Saint-Lucia citizenship cases. • Fast-track option allowing for citizenship within two years; If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to, overview of the Bulgarian citizenship by investment program, Art. New applications are welcomed and decrees are issued regardless of widespread rumours that the program will stop. The local bank will issue the confirmation certificate of the purchased bonds. The requirements for those who opt for the regular program are as follows: Investors will need to file a citizenship application and pass medical tests in their current country of residence. The fast-track citizenship program foresees that 12 months after the permanent residency status has been granted, the applicant can invest another 512 000 EUR (making the total investment equal to at least 1 024 000 EUR) and can then apply immediately for Bulgarian citizenship. Advocate Markov is a member of the Investment Migration Council, the worldwide association for investor migration and citizenship by investment, a premier organization that guarantees services of the highest standard. Possess a valid passport or another foreign travel document. The Bulgarian Citizenship Investor Program is an attractive opportunity for foreign investors and wealthy individuals to enjoy visa-free access or visa-on-arrival access to 157 countries and territories, Bulgarian citizenship for the family members, and many other benefits. The Bulgarian citizenship by investment program is stipulated in two Acts – The Foreigners of the Republic of Bulgaria Act and the Citizenship Act. The list of available investment projects can be found on the website of the Bulgarian Investment Agency. Provide documents supporting the source and origin of invested funds. Potential applicants are advised to contact us for individual advice if they are considering this option. 12a of the Bulgarian Citizenship Act, Art. Unrestricted right to live, work and study in Europe. The investment in government bonds is fully guaranteed and secured by the Bulgarian Government. It is possible to fast track the citizenship option by increasing the investment amount a further €511,292. Bulgaria is one of the few countries in the EU that has legislation that offers citizenship for foreign investors. Bulgarian citizenship for EU nationals, Bulgarian citizenship by investment for EU citizens, EU passport for EU nationals, © 2013 - 2020 Bulgarian Citizenship | All rights reserved. Our success rate is much higher than the success rate of the “international agents”, who are often “lost in the translation”, before they eventually reach us. LinkedIn Bulgarian citizenship and passport. Compare the different programs side by side and examine their features. You can have a look at Advocate Vasil Markov’s overview of the Bulgarian citizenship by investment program. To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about Bulgarian citizenship by investment 2019. • Free movement within the Schengen countries after acceptance; This does not apply if the applicant has been rehabilitated. Month 16 –  18 – Increasing the invested amount to approximately 1,024,000 EUR by purchasing new government bonds for 511 292 EUR followed by application for a Bulgarian citizenship and passport with the Ministry of Justice. For the most part, applicants are only interested in the fast-track to a European passport, so we’d understand if you mistook it for a regular CBI program. The Investor Program for Residence and Citizenship in Bulgaria helps get you there faster with the following benefits: Offered in accordance with the Foreigners in the Republic of Bulgaria Act, the Investor Program for Residence and Citizenship includes a fast-track citizenship option. As one of the youngest EU member states, Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe. Bulgarian Citizenship by Investment | Posolstvo.eu Is there a way to obtain Bulgarian citizenship and EU passport under a fast track program? Find out the cost estimates for each program tailored to your family. The investor may invest as little as only 560,000 EUR to obtain Bulgarian citizenship and passport. • No language requirements for residence or citizenship; It is also one of the fastest programs to lead to residence.To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria: 1. The Bulgarian fast-track Citizenship by Investment program was until recently utilized mainly by citizens of countries with poor visa-free travel conveniences, such as Russia, China, India, many countries from the Middle East, South Africa and others alike. • Right to own land in a EU country; According to Art. Month 3 – The investor receives a TIN (Tax Identification Number – also known as EGN) and applies for a permanent residence by investment. What does the “Fast-track” program for acquiring Bulgarian citizenship through investment entail? The investor can withdraw the investment in government bonds only after five years –, Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. Bulgarian government bonds are traded on the. Bulgaria has one of the most compelling citizenship by investment programs worldwide. There are two statutory trips for each applicant at different stages of the process. Schedule of obtaining Bulgarian citizenship by investment, The list of available investment projects can be found on the website of the. No obligation to relinquish current nationality. Double the investment after 1 year of PR and get fast tracked to citizenship. Facebook Our fees are 5 to 20 times lower than the fees charged by the “international agents” from their offices in Hong Kong, London, Dubai, etc. If applying under the Fast Track, the investor holds the permit for 1 year, then makes a second qualifying investment and becomes immediately eligible for citizenship; Apply in person for Bulgarian citizenship at the Ministry of Justice in Sofia or at a Bulgarian Consulate abroad. Children from 14 to 18 years of age can apply personally for Bulgarian citizenship. Empowered by the Passport Index. Between the period Jan 1 to Dec 31 2018 , the Bulgarian citizenship has been granted permission for this reason permanent residence on the territory of the country before no less than one year … Southeastern Europe, bordering the Black Sea, between Romania and Turkey, 0-14: 14.54%, 15-24: 9.73%, 25-54: 43.33%, 55-64: 13.38%, 65+: 19.03%, Bulgarian (official): 76.8%, Turkish: 8.2%, Roma: 3.8%, Other: 0.7%, Unspecified: 10.5%, Eastern Orthodox: 59.4%, Muslim: 7.8%, Other (includes Catholic, Protestant, Armenian Apostolic Orthodox and Jewish): 1.7%, None: 3.7%, Unspecified: 27.4%. According to Art. 18 of the Bulgarian Citizenship Act, children under 14 years of age, of whom only one of the parents is a Bulgarian citizen, can become Bulgarian citizens without the presence of the conditions, under Art. Full citizenship vs residence permit (aka “golden visa”) Bulgaria is one of the only 3 EU countries with Citizenship by Investment Program. Although in some rare instances, this investment can be financed (only by licensed credit institution), we strongly … Possess a valid passport or another foreign travel document. This is absolutely possible by our financed option. EUR 512,000 or $600,564 USD). After 5 years of remaining in the Bulgarian residency program, you can apply for Bulgarian citizenship. Some countries like Bulgaria offer a fast-track to citizenship if you purchase an additional bond value. Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. It is also one of the fastest programs to lead to residence. The investor needs to invest 511 292 EUR in the first year and double the investment to 1,024,000 EUR in the second year. Bulgaria granted fast track citizenships to 29 investors in 2018 in exchange for investment according to the presidential decree published by Bulgarian citizenship commission.. To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria: Applicants choosing this option must deposit BGN 1 million (€511,292) in a Governmental Bond Portfolio for an investment period of five years with no further payment required. Download yours. The applicant needs to visit Bulgaria to apply for permanent residence with the local Migration Office. A: The Bulgaria Citizenship by Investment Program provides the applicant with several investment options starting at EUR 512,000 for European citizenship and passport after five years in residency status. The government bonds are purchased by the bank and they remain owned by the bank. Speak to Global Mobility experts. The Quebec Investor Visa Program offers permanent residency to investors who make a one-time payment of CAN$1.2* million, leave it in place for 5 years, and then get it back after the required duration has elapsed, without accrued interest. At the gateway of Europe. Our fees are 5 to 20 times lower than the fees charged by the “international agents” from their offices in, Fast Track Bulgarian citizenship and passport by Investment, investment of 1,024,000 EUR, applicants of all nationalities can obtain. Children below 18 years old get Bulgarian citizenship immediately after the investor was granted Bulgarian citizenship. • Unrestricted right to live, work and study in Europe; The citizenship candidate has to be able to prove personal net worth of at least 2 million Bulgarian Lev (equal to 1'022'584 EUR), for which amount a qualifying investment, most often Bulgarian sovereign Eurobonds, will need to be selected and purchased. Bulgaria offers fast track citizenship by investment scheme to foreign investors. Applications for the fast-track program are examined under express procedure. 12 if both the parents or a living parent gives written consent for this. | Hand Sanitizer Producer in Europe | Brokers traps to avoid when buying a real estate in Bulgaria | Антибактериален дезинфектант | Antibacterial Hand gel Double the investment by purchasing €512,000 in government bonds or in the capital of a Bulgarian company that is carrying out a Priority Investment Project (as defined in the Investment Promotion Act). There are no requirements of physical residence in Bulgaria or fluency in the Bulgarian language for the family members. Usually, permanent residence applications are reviewed within 30 working days; Month 4 – 6 – Once the residence application is approved, the applicant will be photographed and the permanent residence card is issued within 3 business days. 25 (1) of the Foreigners of the Republic of Bulgaria Act “Permit for permanent residence may be obtained by the foreigners who: have invested over BGN 1 000 000 or increased their investment by this amount by acquisition of: (b) bonds and treasury bills, as well as derivative instruments issued by the State or municipaliti… 12a of the Bulgarian Citizenship Act, Bulgarian citizenship by investment for EU citizens, Bulgaria to retain its Citizenship by Investment program in 2019, Overview of Bulgarian citizenship by investment, Foreigners in the Republic of Bulgaria Act, Brokers traps to avoid when buying a real estate in Bulgaria. You are not required to open a private account with a Bulgarian bank or buy the government bonds from the Bulgarian Stock Exchange. Visa FREE travel countries for Bulgaria passport HOLDERS investor applies for an D-type. Para 1, 2, 3, and 4 any other law firm consultancy! And predictable path to citizenship five-year period, the list of visa FREE travel countries for Bulgaria HOLDERS! This does not apply if the applicant has to keep the bonds for two past... Five years only if he/ she opts for the Bulgarian residency programme can apply for citizenship fast-track option investors. We give you the most relevant and refined experience is subject to and... Investors to obtain Bulgarian citizenship by investment, please do not hesitate to contact us at.... Yearly, the European commission has launched many exchange programs between the EU Universities to students. 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Invest 511 292 EUR in government bonds from his/ her local bank will issue the confirmation certificate the. Year of permanent residency status embassy or general consulate the latest amendments of few! Who have been sentenced can not apply to the fast track citizenship by investment spouse! These programs, a foreigner can become a citizen of the fastest programs to lead to your members.

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