How is this possible and what are the conditions? Economic citizenship is essentially the same thing as citizenship by investment. What are the requirements and what choice has the applicant in terms of the required investment. Bulgarian citizenship by investing in government bonds The minimum required amount of the investment is BGN 1 000 000 (EUR 511 292). Investment in government bonds €1,022,000 — a minimum investment (paid in two installments, per €511,000 each, with a 1 year interval) Investment in securities of Bulgarian enterprises or financial support of priority financing projects The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgarian citizenship by investment. Bulgaria Citizenship by Investment. Let’s talk first about how to evaluate a second passport. Bulgaria immigration by investment programs. Why and how to get Bulgarian citizenship by investment. At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgarian citizenship by investment. Potential applicants are advised to contact us for individual advice if they are considering this option. Our simple all inclusive fees means, you pay a single fee that will cover: Immigration is a long and time taking process with a lot of legal issues involved which is difficult to understand and navigate through for a common man. Bulgarian citizenship by investment to be precise. Why is the investment Program … You will find everything you will need in order to make informed decision about what your second passport will be. The Bulgarian citizenship by investment program is a two staged process. The Bulgarian Citizenship by Investment program enables the applicant to invest 512 000 EUR in Bulgarian government bonds (ie Eurobonds) or Bulgarian publicly traded shares in order to be immediately eligible for permanent residency status. Double the investment after 1 year of PR and get fast tracked to citizenship. By the Bulgarian citizenship law, in case of investment in Bulgarian shares or bonds, the positions should be held for at least 2 years after the citizenship decree has been signed. Commercial companies. This investment must be doubled to EUR 1 million after one year to apply for fast track citizenship. Obviously, our job is to ensure that all our clients get their Bulgarian citizenship approved from the first attempt. These cookies will be stored in your browser only with your consent. Bulgaria is a member of the European Union and NATO. I will explain what citizenship by investment is in a bit, but before then, I would love to … To apply for Bulgaria citizenship through investment, you need to first achieve at least one year residency in Bulgaria, then deposit the minimum of BGN 1 million (€512,000) into the Bulgaria government bond program for a period of 5 years. With the Standard Track you can obtain a second passport in 6 years in exchange for a minimum investment of €512,000. 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. Our services are wide ranging and we have the knowledge and experience to recommend and assist you in that form of immigration which best suits you and is in line with your future plans. Interview for Bulgarian citizenship – huge delays (unacceptable), Visiting our customers aborad in the second half of 2020, Proposal to change the conditions of the Bulgarian CBI program – The Bill of October 2019, Bulgarian Citizenship by Investment – 2020 updates, BrExit and why Britons need EU citizenship, Your Bulgarian citizenship application has been declined because of objection by the State Agency for National Security, Providing references for successful citizenship by investment cases, Bulgarian citizenship for Brits – more expensive than they have hoped for, Bulgarian Citizenship applications – BLOODSHED across the board, Brexit 2021 – Bulgarian residence permit and citizenship for Brits, Visa extension for non-EU citizens – update before Christmas 2020 and in 2021, Immigration to Bulgaria – online consultations, Bulgarian visa extension | Covid-19 update November 2020, Appealing and seeking compensation from the State, KYC form for Bulgarian residency and citizenship by investment. The investor is eligible to apply for Bulgarian citizenship if he has held a permanent residency card which can be obtained in 4-6 months, for 12 months and has doubled the initial investment. Bulgarian Citizenship by Investment – updates 2020 Amendments to the existing “Law for the Bulgarian citizenship”. Citizenship by investment provides a direct route to legally acquiring citizenship via an investment or contribution to the economy of a nation. How to evaluate a second passport. Be a non-EU citizen. Why and how to get Bulgarian citizenship by investment. This attractive option allows wealthy individuals and their family members to enjoy numerous benefits such as visa-free access and on-arrival-access visa to almost 170 countries. Here’s all you need to know to buy the best second passport in 2016. The investment in government bonds is fully guaranteed and secured by the Bulgarian Government. Bulgarian Citizenship by Investment Requirements. Acquiring Bulgarian Citizenship through Investment – the “Law for the Foreigners in Bulgaria” and the “Law for the Bulgarian Citizenship”. In this section, you will find the latest news about the Bulgarian CBI program, all updates and proposed changes. Please read the preliminary plan for our lawyers visits at https://blog.bglaw.eu/our-agenda-for-2020/ The seminars in Hong Kong and Kiev will relate to different legal issues with the Read More …, CategoriesBulgarian Citizenship, Bulgarian Citizenship by Investment - amendments 2020, Ukraine, Posted onMarch 17, 2020April 22, 2020Authorbulgarian-citizenship.org5 Comments, Important notice to all candidates for Bulgarian citizenship! Several other requirements to qualify are … Possess a valid passport or another foreign travel document. Steps of Bulgarian citizenship application process. Investment of EUR 1 million Shares of Bulgarian commercial companies traded on a Bulgarian stock exchange or licensed institution While Cyprus’ investment citizenship program has been suspended, its residency by investment program, or “Golden Visa”, remains intact. 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 municipalities, with a residual ter… This investment entitles the … It is possible to fast track the citizenship option by increasing the investment amount a further €511,292. 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 cheapest EU true citizenship by investment program, that lacks the publicity and state support, that it definitely deserves…. For many years now, the Bulgarian Citizenship by Investment program has … Initially, the citizenship candidate has to invest one million Bulgarian leva (about 512 000 EUR) in Bulgarian government bonds or Bulgarian stock-listed shares. The Bulgarian CIP – more and more fake news from agents who try to sell “junk” passports or ultra expensive citizenship programs. There are several things to be considered and you need guidance at every step of the way. How it works The Bulgarian citizenship by investment program is a two staged process. The second stage is the citizenship application. The reason, or rather the last drop, was the huge corruption scandal involving high-rank officials. Foreign investors who maintain a permanent residence permit for at least 5 (or 1)* years can apply for Bulgarian citizenship by investment per the Bulgarian Citizenship Act. Dual citizenship is more desirable than ever! What is considered to be a “bond” with the country? Speak to Global Mobility experts. Several other requirements to qualify are as … Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. Bulgarian Citizenship by Investment 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 … This attractive option allows wealthy individuals and their family members to enjoy numerous benefits such as visa-free access and on-arrival-access visa to almost 170 countries. Bulgarian nationality law is governed by the Constitution of Bulgaria (article 25 and 26) of 1991 and the citizenship law of 1999 (with changes made in various years through to 2009).. Bulgarian Citizenship by Investment – updates 2020 Amendments to the existing “Law for the Bulgarian citizenship”. Bulgarian Citizenship by investment is an attractive opportunity for high net worth individuals to enjoy visa-free access or visa-on-arrival access to almost 160 countries and territories. For the Read More …, Bulgarian Citizenship by Investment – amendments 2020, Bulgarian Citizenship by Investment program, the difference between citizenship and residency, An open letter from our Client to the Bulgarian Parliament, Bulgarian Citizenship by Investment - amendments 2020, Web meeting for new EU citizens who have obtained Bulgarian citizenship by investment in 2020, Second citizenship for the people of Hong Kong, Green light for the Bulgarian investment residence and citizenship applicants, Compensation for rejected citizenship application – mission possible, Your questions about the Bulgarian Citizenship by Investment, BREAKING NEWS: Cyprus cancels its Citizenship by Investment Program. At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgarian citizenship by investment. You will not be required to open a private account in any Bulgarian bank or buy government bonds from the Bulgarian Stock Exchange. The investment is fully guaranteed by the government bonds. It is mandatory to procure user consent prior to running these cookies on your website. How to obtain Bulgarian citizenship by investment program? Upon purchasing the government bonds, the foreign citizen is given a D visa and then a permanent stay permit within six months. These stages (both the fast and semi-fast tracks) are governed by another Law, namely the Law for the Bulgarian citizenship. Translation and legalisation of documents in Bulgaria; Government fees from the beginning of the process until the issuance of the first passport and Bulgarian ID card including, Bulgarian ID card & passport issuance fee, Issuance of Bulgarian documents for residence permit applications of family members and for citizenship applications, Statutory Health Insurance Contribution payments, on becoming a permanent resident of Bulgaria. Posted onJanuary 13, 2021January 14, 2021Authorbulgarian-citizenship.org1 Comment, Below is an open letter to the Bulgarian Parliament regarding the plans to amend the Bulgarian Citizenship by Investment program. Find out more about the benefits of the Bulgarian Citizenship By Investment Program for Nigerians and Kenyans below, or contact us now for more information. On Friday, 22 March 2019, the Bulgarian Government published a draft Bill with proposed changes relating to Bulgarian citizenship by investment (CBI). Investment of EUR 1 million in Shares owned by the State or municipalities. Dear Friends and Clients, Due to the declared emergency state in Bulgaria, caused by the Coronavirus (COVID-19), the Ministry of Justice has declared the following measures (relating to the applications for Bulgarian citizenship) to be in effect Read More …, CategoriesBulgaria, Bulgarian Citizenship, Bulgarian Citizenship by Investment - amendments 2020Tagscorona virus, Posted onMarch 9, 2020April 9, 2020Authorbulgarian-citizenship.org4 Comments, At the end of last year, the Bulgarian Council of Ministers has proposed certain amendments to the Law for Bulgarian Citizenship. The Bulgarian CIP – more and more fake news from agents who try to sell “junk” passports or ultra expensive citizenship programs. Access to Europa and more. Why is having legal and suitable residential address so vital in 2020? Bulgarian Citizenship by Investment Program was introduced back in 2014 by changes in Bulgarian Citizenship Act and Foreigners in the Republic of Bulgaria Act and since then it has been offering different opportunities to foreign business investors to gain fast track Bulgarian citizenship in a … It’s a way to obtain a second citizenship and passport in another country by investing in its economy. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The Bulgarian citizenship by investment program is stipulated in two Acts – The Foreigners of the Republic of Bulgaria Act and the Citizenship Act. Bulgarian Citizenship by Investment. This website uses cookies to improve your experience. Of course, the Bulgarian citizenship program has also many other advantages (you can read about "the 10 myths about the Bulgarian Citizenship by Investment program"), such as lower investment requirement, lower fees, the fact that the investment can be in monetary form thereby eliminating the need of buying real estate that the applicant doesn’t really need, and much, much more. Citizenship and Investments LTD advises the Bulgarian Government on the draft for amendment of the Bulgarian Citizenship Law (05.04.2019) Strong support by the AEOB for the Bulgarian Citizenship by Investment Program (01.04.2019) The latest (25.03.2019) … There are three pieces of Bulgarian legislation that outline the country’s unique residence-to-citizenship by investment program: the Foreigners in the Republic of Bulgaria Act, the Bulgarian Citizenship Act, and the Investment Promotion Act. After the harsh criticism from the EU authorities on all EU investment citizenship programs and golden visa schemes, Cyprus and Malta have significantly tightened their conditions. Bulgaria has one of the most compelling citizenship by investment programs worldwide. The second stage is the citizenship application. And we are quite proud of our success rate. The Bulgarian citizenship by investment program offers affluent persons of impeccable standing to receive Bulgarian (EU) citizenship on the basis of an investment in Bulgaria. The investor needs to invest EUR 511 292 in the first year and double the investment to EUR 1,024,000 in the second year. If you'd like us to give you a call back, please enter your information below and we'll get back to you. However, it’s a great place to start-up your own business. We are regularly receiving questions about the Bulgarian citizenship by investment program.And a great portion of the questions relate to whether the program is still working. Investors are required to invest in government bonds or shares of Bulgarian companies traded on the Bulgarian Stock Exchange. The Bulgarian citizenship by investment program is a two-stage procedure: The first stage is a permanent residency card application, subject to an investment of minimum 512,000 euros. These stages (both the fast and semi-fast tracks) are governed by another Law, namely the Law for the Bulgarian citizenship. Read More …, CategoriesBulgarian Citizenship, Bulgarian Citizenship by Investment - amendments 2020, Second citizenship for the people of Hong Kong, visa BulgariaTagsBulgarian Citizenship by Investment, bulgarian visa, Citizenship by Investment, citizenship by Investment Bulgaria, Citizenship by Investments Program, Covid-19, investment citizenship, visa, Posted onNovember 2, 2020November 2, 2020Authorbulgarian-citizenship.org1 Comment, Bulgarian citizenship approval rate falls Recently, Posolstvo.eu wrote about the growing number of rejected Bulgarian citizenship applications. The most popular investments for Bulgaria CIP are government securities and bank deposits, it was revealed. Bulgarian Citizenship by Investment ordinary track In exchange for a safe, state-guaranteed and fully refundable investment of approximately 512,000 EUR, applicants from all nationalities can obtain Bulgarian citizenship and passport after five years. What would we be teaching you in this article, well, we’ll be showing you how to buy your way in becoming a Bulgarian citizen. Cyprus has cancelled its Citizenship by Investment program as from November 1st, 2020. Freedom of mobility. The current bills and the political views within the Bulgarian Parliament. President Yeltsin Read More …, CategoriesBulgarian Citizenship, Bulgarian Citizenship by Investment - amendments 2020, Citizenship, EU, Second citizenship for the people of Hong KongTagsBulgarian Citizenship by Investment, CIP EU, Citizenship by Investment, Cyprus citizenship, EU citizenship, EU citizenship by Investment, EU passport, European citizenship, Turkey, Posted onOctober 20, 2020October 20, 2020Authorbulgarian-citizenship.orgLeave a comment, Your future matters to us After the demise of the Cyprus citizenship by investment program, a lot of customers suddenly realized that nothing lasts forever. Tel : +91 22 2850 9857 Mobile : +91 9819 025 362, 4th floor, 410, Statesman House, Barakhamba Road, Connaught Place, New Delhi 110 001 Tel : +91 11 3044 6825 Mobile :+91 9819 025 362, Level 9 Raheja Towers, 26-27 Mahatma Gandhi Road, Bangalore – 560 001 Tel : +91 9819 025 362 Mobile : +91 9819 025 362, Godrej Eternia, Plot 70, Ind. Investing EUR 430,000 in 2 residential units in the capital Sofia can allow applicants to attain full EU citizenship in … Bulgaria is also not an exception. How to evaluate a second passport. This can be accomplished through different types of investment options including real estate, government bonds, establishing a business, development programs, etc. Let’s talk first about how to evaluate a second passport. 3. Among some other minor changes, the most important proposals were related to the array of investment instruments that would allow the candidate to obtain Read More …, CategoriesBulgarian Citizenship by Investment - amendments 2020, Posted onJanuary 14, 2020April 8, 2020Authorbulgarian-citizenship.org2 Comments, Citizens of which countries will be placed under the x-ray by the authorities during their application for Bulgarian citizenship in 2020? Here’s all you need to know to buy the best second passport in 2016. You will qualify for the Bulgarian tax resident.You will not be required to revoke your current citizenship. April 16, 2020. EU citizenship grants the permission to live, work or study in any country of the European Union. Bulgarian passport by investment can be obtained by choosing one of the four options. Tenancy agreement for property rent [for address proof in Bulgaria]. Bulgarian Citizenship by Investment ordinary track. Citizens of Bulgaria benefit from visa-free travel to 158 countries. While Cyprus’ investment citizenship program has been suspended, its residency by investment program, or “Golden Visa”, remains intact. Q: What is the minimum investment required to obtain the Bulgarian citizenship (EU citizenship)? Bulgarian Citizenship Process: Once residency status has been held for a period of 12 months, the immigrant investor can apply for Bulgarian citizenship, provided that the initial eligible investment of €512,000 has been doubled to €1,024,000. Investing EUR 430,000 in 2 residential units in the capital Sofia can allow applicants to attain full EU citizenship in … 142 countries (including Canada and Europe), Applicant receives PR in 3-4 months, and citizenship in less than 2 years, Citizenship is transferrable by descent (to all children and grandchildren), Bulgaria has one of the lowest tax rates in the European Union, and a free-trade environment. 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