|Sofia||110,994 km²||7.128 million||Bulgarian|
|CURRENCY:||EXCHANGE RATE:||GDP – PER CAPITA (2016):||GDP – TOTAL (2016):|
|Euro (EUR)||1 USD = 0.86 EUR||USD 7,350||USD 52.4 billion|
Benefits of Bulgaria Residency
Protected by the government citizenship law
Immediate access to 169+ countries without visa
Obtain irrevocable citizenship and passport
Take full control of your and your family’s wealth
Visa-Free Countries for Bulgaria Residency
With Bulgaria Permanent Residency, you can travel to the following countries:
(Free Circulation within Schengen Area)
After obtaining Bulgarian Citizenship you can travel to:
(Visa-free and visa-on-arrival countries)
Antigua and Barbuda
Bosnia and Herzegovina
Papua New Guinea
Saint Kitts and Nevis
Saint Vincent and the Grenadines
São Tomé and Príncipe
Trinidad and Tobago
United Arab Emirates
Steps of Bulgaria Permanent Residency
SA Consultants shall pre-screen your passport copy for Government pre-approval to ensure fast processing. A down payment of the professional fees will be required to open your application. The applicant then makes an appointment at a Bulgarian Consulate for document signing. The Investment is then transferred by the applicant.
The Investment Certificate is issued. A second appointment is made at a Bulgarian Consulate for the application of Schengen Visa, type D (long stay visa).
Once the Schengen Visa, type D is granted, the applicant makes the first trip to Bulgaria for the submission of Application for Permanent Residence (PR).
Once the Permanent residence is approved, the applicant will then make a second trip to Bulgaria for the submission of Application for Bulgarian PR card. he applicant will receive the receipt of Bulgarian PR Card (three days after application).
Once the main applicant is issued the Bulgarian ID document, the procedure for qualifying family members begins. The process for obtaining a Bulgarian ID may take up to six months (this includes two mandatory trips to Bulgaria for each qualifying family member) with an appointment at a Bulgarian Consulate for document signing.
The Permanent Residency certificates are issued to you via courier once the balance of professional fees has been paid and settled.
Costs of Bulgaria Residency
1) Refundable bond
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. The full amount of BGN 1 million (€511,292) will be returned to the investor without any accrued interest after a period of 5 years. The investment is fully guaranteed by the government bonds.
2) Financial Investment
Applicants may leverage their capital by choosing the Financed Investment option. The applicants may pay a reduced amount of €180,000, which is then used to finance a BGN 1 Million (€511,292) 5.5-year loan from a Bulgarian Chartered bank. This loan is initiated and repaid at no further cost to the investor. However, applicants will need to demonstrate worldwide assets of more than €1,000,000. This is required from the Bulgarian Chartered bank should applicants choose this option.
Upfront non-refundable fees
Administration charges, background checks, translation costs & professional fees are payable and vary by nationality, size of the family and complexity of the application.
SA Consultant’s professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.