About Bulgaria
CAPITAL: | TOTAL AREA: | POPULATION | LANGUAGE(S): |
---|---|---|---|
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
- Fast process to residency (six to nine months)
- Special exemption from physical residence enforced with legislation;
- Guaranteed investment and available financing option;
- No language requirements for residence ;
- There is no need to relinquish current nationality;
- Lowest tax rates and free trade environment within the EU with Macroeconomic and financial stability
- Free movement within the Schengen countries after Bulgaria becomes a member state;
- Access to high-quality health care and education in Bulgaria and the EU;
- Conditional tax exemption on world income.
- Unrestricted right to live and own land in Bulgaria
Visa-Free Countries for Bulgaria Residency
With Bulgaria Permanent Residency, you can travel to the following countries:
(Free Circulation within Schengen Area)
Austria
Belgium
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Slovakia
Slovenia
Spain
Sweden
Switzerland
After obtaining Bulgarian Citizenship you can travel to:
(Visa-free and visa-on-arrival countries)
Albania
Andorra
Angola
Antigua and Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Cambodia
Canada
Cape Verde
Chile
Colombia
Comoros
Costa Rica
Côte d’Ivoire
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Fiji
Finland
France
Gabon
Gambia
Georgia
Germany
Greece
Grenada
Guatemala
Guinea-Bissau
Haiti
Honduras
Hungary
Iceland
India
Indonesia
Iran
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liechtenstein
Lithuania
Luxembourg
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Montenegro
Morocco
Mozambique
Myanmar
Nepal
Netherlands
New Zealand
Nicaragua
Norway
Oman
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
São Tomé and Príncipe
Senegal
Serbia
Seychelles
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Korea
Spain
Sri Lanka
Swaziland
Sweden
Switzerland
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Vietnam
Zambia
Zimbabwe
Steps of Bulgaria Permanent Residency
Step 1
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.
Step 2
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).
Step 3
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).
Step 4
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).
Step 5
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.
Step 6
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.
Government Fees
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.