Both the Bulgaria permanent residence and 2-step fast track citizenship programs come with two investment options: 1. Financing option; Non-recourse loan as well as reduced price; 2. If you have resided legally in Bulgaria for a period of five years on the basis of a consecutive long-term residence permit, you and your family members are entitled to a permanent residence permit. Updated "Applying for Bulgarian citizenship" section: permanent residence required for 5 years in order to apply. The investor applies for a Visa-D at any Bulgarian embassy in his country of residence. You can obtain permanent residency or citizenship within 6 months or 18 months after investing at least €1,024,000 in the country’s economy . If you’re a pensioner, you will need to produce evidence that you’re entitled to retirement income and have a bank account in Bulgaria and a Bulgarian address. Long-term residence permit in Bulgaria . Your question. This entitles the person to the same rights as a Bulgarian citizen, except the right to vote. The Bulgarian Citizenship Act states that non-EU nationals who have held a permanent residence permit for five years can apply for Bulgarian citizenship and a Bulgarian passport. EU citizens may apply for Bulgarian residence and Bulgarian ID card with their national ID or passport. Permanent Residence Permit. With this visa, the investor travels to Bulgaria to apply for the Permanent Residency card in person. It is very often issued on the base of Bulgarian origins of the applicant, or marital or family relations, or spending 5 years of residence here, the presence of investment intentions/reasons, etc. After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. 13 March 2019 We have updated … Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. The Bulgarian government bonds are 100% secure financial instruments with absolute liquidity. Holders of a permanent residence permit are entitled the same rights and obligations that come with Bulgarian citizenship except those which are explicitly forbidden (e.g. Ms Anna Aleksandrova To the Members of the Committee on Legal Questions Ma’am Honorable Members of Parliament National Assembly of the Republic of Bulgaria National Assembly Square № 2 Sofia 1000, Bulgaria Date: 13.01.2021 I am the holder of the Bulgarian Permanent Residency as investor under the art. Immigration. Bulgarian residency program includes more than 20 legal grounds for obtaining a long stay permit or permanent residency by foreign citizens. Applicant MUST apply at the Bulgarian Consulate in the country of his PERMANENT residency (i.e. Permanent residence permits are issued by the Bulgarian Ministry of Interior. Permanent Residence in Bulgaria. My husband is a citizens of non-EU country. In order to apply for a permanent residence permit, a foreign citizen must first obtain a Bulgarian extended residence permit. The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. This new law did not alter UK nationals’ existing obligation to register their residence but it created a new document specifically for those UK … Bulgaria permanent residence and citizenship program. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. A permit can be granted to family members of a Bulgarian citizen or foreign citizen residing in the country on an extended, long-term, or permanent residence permit under extraordinary circumstances. Charles Dickens Тo the Hon. He has just received his permanent residence permit. You will also be able to enter and leave the country as many times as you wish without visas. The Bulgarian permanent residency program allows the applicant to live in Bulgaria as long as desired. Home Bulgarian Permanent Residency-Citizenship Program. Hold a second additional investment for a … A permanent residence permit can be obtained 3-6 months after initial investment; Bulgarian citizenship can be obtained ~2 years from initial investment via the Fast Track, or ~6 years via the Standard Track. 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). Obtaining a long stay permit by property purchase is available for two types of applicants – retired and non-retired. In July 2020, a new law was passed by the Bulgarian Parliament making the Withdrawal Agreement part of Bulgarian law. It is a status that allows for unrestricted travel within the territory of the European Union. Several official references out there (UK Governmental website, PDF document from Europa.eu and Bulgarian Governmental website) seem to suggest that in order to apply for a permanent Bulgarian residence you have to have resided in Bulgaria for five years.Now, the Bulgarian governmental website also states a particular condition which applies to foreigners who married a Bulgarian national: Long-term residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 5-year validity period;; Permanent residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 10-year validity period. Citizenship may be applied for after 60 months (5 years) in permanent residency status. То strengthen your tax residence application under Art. The annual revenue is between 1 and 3%. Permit as soon as possible to UK accompani… permanent residence permit with an option different from continuous and residen Step #4: Visa & Permanent Residency Application. participating in the political process by registering and voting, joining the police force or military). Apply in person for Bulgarian citizenship at the Ministry of Justice in Sofia or at a Bulgarian Consulate abroad. The fast-track option is simply brilliant. The visa is valid for 180 days and it allows the citizen to apply for residency permit. That order, in effect until January 31, also did not apply to Bulgarian citizens and holders of permanent or long-term residence in Bulgaria and their families (while in any case it would unlawful to forbid a Bulgarian citizen from entering Bulgaria). Permanent residence and Bulgarian citizenship – absence from the country. Timeframe. Methods of Investment for Permanent residence permit: - Invest €512,000 (BGN 1 million) in Bulgarian Government bonds locked for 5 years and paid out with 0% interest - Loan Option: The investor pays a reduced amount of EUR 195,000: The reduced amount is used to finance a 1,000,000 BGN loan from a Bulgarian chartered bank. 25, para. Have at least one year of permanent residency status. To apply for a residence permit, you must first obtain a Type D visa (see our article “Short and long-stay visas”) in … After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. The Bulgarian Permanent Residency program offers family security, visa-free travel and access to EU education, healthcare and business opportunities. This is a simple administrative procedure which can be completed in only three working days and requires personal presence at the time of the application. We will assist you during the entire procedure from preparing the set of application documents to receiving a Bulgarian ID card. 4, para 4 (vital interests), you may apply for a Bulgarian residence and Bulgarian ID card for EU nationals. You must hold Bulgarian long-term permit for 5 years before becoming eligible to apply for a permanent residence permit. 1, p. 6 of the Law on Foreigners in the … Applicants, who are already visa D holders and intend to take part in research with Bulgarian-based company (e.g. Your Bulgarian residence permit will be valid for 6 or 12 months. Spouse You can then keep renewing it for up-to 5 years. This is the only time travel to Bulgaria is required. The first step to obtaining a permanent residence is to get a long term stay permit, which is valid for 1 year and is renewed each year. 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