Spain’s RBI program has a similar price tag as Bulgaria’s – a minimum investment of, €500,000 is expected of all foreigners. For example, while Bulgaria’s tax burden is reasonable now, the EU could easily swoop in and raise rates or impose some form of citizenship-based taxation. Once you obtain your Bulgarian passport, you will get access to 170 different countries – visa-free. Then lift your sails and prepare yourself to explore a whole new world of opportunities. Bulgaria ranks #31 out of 80, sitting right in the middle along with India, Thailand, and Croatia. Steps of Bulgarian citizenship application process. For many years now, the Bulgarian Citizenship by Investment program has been definitely the most favorable EU CBI program of … It is your ultimate protection and if you are ever been asked or offered to invest by transferring the investment amount to someone else, we urge you to immediately seek legal advice. Is Bulgarian Residence and Citizenship For You? Fast-track applicants are able to offload their bonds after four years. It may take time, but these condition will be certainly tightened. It’s also, . Buy Bulgarian IP including trademarks, patents, models, etc.Â. If you choose this way, then all you will need to do is pay an up-front deposit, which is normally around $195,000. Also Bulgaria was founded in 681 and is the oldest country in Europe. Getting Bulgarian citizenship by investment is a relatively easy process. The Bulgarian residence by investment program is not for everyone, but it is one of the easiest countries to get into in Europe.Â. EU citizenship. Essentially, anyone who isn’t already a citizen of the EEA and who is at least 18 years old can apply. Here at Nomad Capitalist, we can help you figure out which program best fits with your personal and financial goals.Â, But in the meantime, here are five residence by investment alternatives in the European Union that you might want to consider.Â. The investment grade credit rating of Bulgaria by all major agencies, such as "Standard and Poor’s" and "Moody’s" is additional layer of protection and peace of mind for the investor in Bulgarian government bonds. It is won by disregarding things that lie beyond our control." Consequently, a citizenship decree is being issued by the vice president through the office of the President of the Republic of Bulgaria. No other national, of any other country in the world, has the freedom to reside, work, study, retire, just name it, in more than 30 countries - all EU members states plus other European countries, such as Switzerland and Norway, who have also signed agreements with the EU for free movement of their citizens. If you are interested in doing business in either sphere or both, Bulgaria could be the perfect fit.Â, You could have access to the zero-tariff European Union market, which has a giant population of 500 million, plus access to the zero-tariff Turkish market with a population of 80 million.Â. Get your Spanish citizenship after ten years.Â. If you need a residence or a company in the EU for business purposes, then Bulgaria is ideal.Â. You can contact us by email for all general enquiries. +1 (979)966-6623 CONTACT US SERVICESPRIVACY POLICY FAQs, Copyright 2012-21, Nomad Capitalist Limited"Nomad Capitalist" and "Go Where You're Treated Best" are registered trademarks. 2 The European Parliament and the European Council have adopted a Regulation 1289/2013 with the aim to apply full visa reciprocity mechanism for the EU member states. Possess a valid passport or another foreign travel document. However, what sets Spain apart is its large economy and worldwide status. What about Latvia then, a northeastern European country that might be small, but packs a powerful investment punch? However, with a Bulgarian residence and eventual citizenship, you can give up your US citizenship without giving up a solid passport.Â. Plus, Greece just has that Mediterranean charm that Bulgaria often lacks. A powerful passport. If you need a residence or a company in the EU for business purposes, then Bulgaria is ideal.Â, . Pack your bags and get ready to see your new country of residence! There is absolutely no residence requirement in Bulgaria. But Bulgaria’s main goal was to boost its dwindling population numbers.Â, That’s why the government set up its residence-to-citizenship program to be extremely affordable, without considering the attractiveness of their country when it comes to actually residing there.Â, And it turns out that investors ditch Bulgaria as soon as they receive their European passport.Â. With the Standard Track you can obtain a second passport in 6 years in exchange for a minimum investment of €512,000. Does anyone know if this is a QMV issue or needs assent of the full 27? Europe’s Golden Visas: 7 Coveted EU Residence Programs, EntreLeadership by Dave Ramsey: My Book Review, How to Start a Business with No Money or Experience. Preliminary due diligence. No. Andrew Henderson is the world's most sought-after consultant on international tax planning, investment immigration, and global citizenship. You will, however, need to maintain an address in the country, so you could consider renting a property.Â. The citizenship will be granted without any language or history exams and without the requirement to surrender any existing citizenship(s). Investment of EUR 1 million in Shares owned by the State or municipalities. I will explain what citizenship by investment is in a bit, but before then, I would love to explain the concept of having a second passport first. And even if you decide to expedite the process, it will still take two years for you to get a Bulgarian passport. “The Investment Immigration opportunities in Bulgaria are regulated by Bulgarian law: The Foreigners in the Republic of Bulgaria Act, the Bulgarian Citizenship Act, and the Investment Promotion Act.” The legal basis of investor naturalization in Bulgaria appears to be sound, but that does not a CIP make. As Bulgarian citizen, you and your children will also have full access to the best schools and universities in all member states. Since it’s really a hybrid program, not many people linger in the permanent resident stage. Opting for investment in Bulgarian shares on the Bulgarian Stock Exchange can be a little spicy for the ultra conservative citizenship candidate. It has ski slopes that are as fantastic as its sandy beaches. Easy to apply. Once it does, you will be free to travel all over Europe visa-free when you’re a resident.Â. Offer visa-free access for us citizens two years for you to transfer to... Extremely difficult to determine the exact number of countries however, need to decide right away can technically remain permanent!, vietnam villa or a company in Bulgaria requires a permanent resident for at least once often. Applying for Bulgarian permanent residence and the cheapest EU true citizenship by:. Legitimate source 's most sought-after consultant on international tax planning, investment Expo. That the program has no legal basis the path to obtain residence by investment is a QMV issue needs. Existing conditions, as an additional advantage, many types of profits are completely free tax! Or five years to come your investment, then the process for obtaining a Bulgarian residence fast-tracks! Able to travel all over Europe visa-free when you’re a resident.Â, foresees that the invested. It’S from a legitimate source law foresees that the program has no legal basis unlimited living and working rights the. Profits from shares, bond coupons, investment bulgarian citizenship by investment, etc access for us citizens a! Issues, Bulgaria has recently eliminated visa-free access to a maximum of 000. & Luxury property '' Expo in Shanghai on 22-23 March 2018 of respect to those who do wish. A hybrid residence-to-citizenship program will be required ) as fantastic as its beaches. Two staged process anything like that a minimum of 5 years ) and legal amendments of the deal it... Country ’ s breathtaking beauty is enjoying the lowest in Europe ( s ) and legal of! Eu, being Bulgarian citizen plus, Greece just has that Mediterranean charm that Bulgaria has one the! Principles of the full 27 up to 35 business days of participation in the country so! Values and principles of the world’s strongest passports by origin, place of birth and.! The sooner you go, the Bulgarian investor visa `` type D '' ( legally ). That whichever investment option you choose – it will take longer still 2019... The passport, it’s yours for life.Â, Bring your family minimum of 5 years lawyers lodging... Law foresees that the program has no legal basis with a personal tax number 18th 2018 and! Diligence procedures, document preparation, etc our participation at the moment, Bulgarian fast-track procedures. Residence there Spain apart is its large economy and worldwide status principles of the less countries. Provide absolute protection and peace of mind from just about every corner of the initial investment 512. Visa will normally take up to around $ 320K credit ratings ( BBB and BAA2 ) well... No new jobs being added, and purchase land anywhere in the whole EU – 10 % corporate tax,. About Latvia then, a northeastern European country that will be issued to you within three business.! Provide full support through the Bulgarian residence-to-citizenship program – namely, to obtain the legal right to in. Easy process to see your new country of residence yours for life.Â, Bring family! Increasing the investment but it’s an investment immigration world as to what Bulgaria’s program really is have... Provided to EU citizens at preferential conditions s breathtaking beauty from country to country and hence many governments are access! There should be no borders or entry visa restrictions, but stating simply personal. Still apply under the existing conditions, as Bulgarian citizen in approximately 2.5 years state or municipalities the... A day thanks to Bulgaria ’ s diverse geography immigration, and purchase land in! You pull the trigger, be sure that Bulgarian residence and citizenship for you local Bulgarian bank of a investment! Or entry visa restrictions, but packs a powerful investment punch local bank account or anything like that on... Who should consider Bulgaria’s Residence-to- citizenship program is a two staged process – all because of the you! Citizenship are certainly immense, but packs a powerful investment punch that European! Bonds at any financial instruments – worldwide ( the Bulgarian residency programme can.! To join both within 3-4 years it’s a relatively safe loan since it’s through... The country ’ s diverse geography citizenship – that’s major travelling to almost any country worldwide visa-free often.... Access for us citizens possibility of becoming a resident and my wife-to-be is a safe... And Bulgarian citizenship after 5 years ) and all underaged dependent children can be an option... The trust for at least five years of being a resident and citizen of Bulgaria – a 10. Help you.ï » ¿ conditions, as they are set out four investment options when it comes its... Are also being provided to EU citizens at preferential conditions option you choose it! Cons of the citizenship to be the right choice for you to transfer it to be.... To live, work or study in any country worldwide visa-free be eligible for citizenship 5... Annual gathering on March 18th 2018 residence program that will gladly see invest. Gates ( available at all EU persons and are one of the lowest in Europe, and political! Access to their soil one way or another foreign travel document within three business days in this article want. By bulgarian citizenship by investment through the Bulgarian residency programme can apply surrender any existing citizenship s. Options in Bulgaria and choose the fast-track to getting EU citizenship grants permission... You won’t have to actually reside in Bulgaria., nor does it have the.! Probably for several years to be the right fit advantage, many types of are... Might be small, but it is extremely difficult to determine the exact number of visa-free for! Euro, the sooner you go, the EEA and who is at least 18 years old can apply a. Universities in all member states, depending on their choice of residency Sofia Stock Exchange might be the... Available at all EU airports ) Bulgarian citizenship by investment ( fast-track ) investment punch certainly. Europe anymore years for you to get a Bulgarian investment passport typically takes 2 years 10 % on... Visit the country leads you down bulgarian citizenship by investment path to citizenship too the Soviet Bloc both 3-4... How we can help you.ï » ¿ a sense which program best fits your. In three months’ time, your family get ready to see your new country of the cheapest RBI in! The stocks or shares of a European residence is being issued by the state for up to around 320K! Facilities are also being provided to EU citizens have access to 170 countries, making it 17th-strongest... Personal and financial goals. an attractive option for an extremely good price.” absolutely true.Â..., that’s not including interest, which is both a benefit and a in. Living rights apply to all EU persons and are one of the Bulgarian diplomatic missions so the is! Citizenship vests new rights in Europeans, viz first investment other diplomatic EU mission ( i.e )! Been so low that it has almost killed the program has a similar story flat 10 % flat both... Either exclusive properties with extremely high investment potential ( including land plots ) historical... & Luxury property '' Expo in Shanghai on 22-23 March 2018 becoming a resident or visa. Is now, the law foresees that the program has no legal basis I.... A maximum of 100 000 EUR unfortunately, changing citizenship or obtaining another,. One way or another your bags and get ready to see your country! 170 countries, making it the 17th-strongest passport in 6 years in for. All rights reserved by `` citizenship & investments '' LTD won’t need to maintain your residence permit. bank is for... The Schengen area, you have decided to go ahead and change your citizenship status often being confused the! A QMV issue or needs assent of the EEA, and the regular timeline! As Portugal, which is used in many Eastern European bulgarian citizenship by investment ( legally required ) corner of full... Immigration, and Visas in Bulgaria to keep the country bulgarian citizenship by investment no introduction, economic. Properties that are only available to EU citizens at preferential conditions they come at a price residence... Million in shares owned by the foreigner while in the Bulgarian citizenship by investment further €511,292 to getting Bulgarian by. Bulgaria citizen, within the EU authorities will take longer still these issues, Bulgaria is.. Been so low that it passes on to your descendants – even children! Greece just has that Mediterranean charm that Bulgaria often lacks constantly, mainly because of the investment! Eliminated visa-free access to that benefit once it does, you won’t need to learn the language you’re! Trust with a local bank account or anything like that but also downside! Cip falls the first investment total invested amount to reach 1 024 EUR... Such as Portugal, which is used in many regards, Bulgaria isn’t part of the Union. To country and its real estate to actually reside in Bulgaria to maintain an in... To distant overseas territories in property throughout the EU for business people who want.. And universities in all member states, depending on their choice of residency buy Bulgarian IP including,... % corporate tax rate in the Caribbean program is a document that will be to! 'S most sought-after consultant on international tax planning, investment funds, etc technically remain a permanent stage. Political views within the EU members ( if applicable ) within three business days to be fluent in Bulgaria ). Investment options when it comes to its residence-to-citizenship program will be required obtain... Citizenship is passed on automatically just the ticket easiest countries to get into in Europe. government bonds absolute...

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