As Bulgarian citizen, you and your children will also have full access to the best schools and universities in all member states. While you get permanent residency (and all of the benefits that come with it) almost immediately, you need to wait at least two years before officially becoming a Bulgarian citizen. Plus, Greece just has that Mediterranean charm that Bulgaria often lacks. If you have accumulated certain wealth, you can’t accept any constraints to be imposed on you and your family as to in which country you will spend your life or retire. within the EU, the EEA, and Switzerland. At the moment, Bulgaria isn’t part of the Schengen, nor does it have the Euro. Interesting alternative to the more well-known programs. With the Standard Track you can obtain a second passport in 6 years in exchange for a minimum investment of €512,000. At the same time, there is no official website for the program, no official data that has ever been released about it, nor does the government promote it. Feel free to send us your application at https://nomads.lpages.co/apply/ and we’ll see how we can help you.. Fast-track applicants are able to offload their bonds after four years. You’ll be able to invest in government bonds if you want to apply for Bulgarian residence, an investment that’s fully recoupable once the holding period is over. Vietnam: Our speaker at the "2018 Uglobal Investment Immigration Expo" in Ho Chi Minh City. There won’t be any interest accrued, however. Is Bulgarian Residence and Citizenship For You? 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 … Citizenship, Residency, and Visas in Bulgaria Fast Track Bulgarian Citizenship by Investment. Obtain residence by investment in Bulgaria and choose the fast-track to getting EU citizenship in just two years. You are set to start a whole new life with less stress and more time to enjoy the really important things – your and your family’s freedom! Emerging world citizens from places like China or Russia can often become frustrated with their “bad passports” that only offer visa-free access to a limited number of countries. People Looking to Renounce Their US Citizenship, , you will find that one of the hardest things to let go of is the strength of the US passport.Â, While you can cover a lot of ground with a solid. , some people believe that the program has no legal basis. This attractive option allows wealthy individuals and their family members to enjoy numerous benefits such as visa-free access … ID card is sufficient to cross any order via the express "EU only" gates (available at all EU airports). The fast-track citizenship program foresees that 12 months after the permanent residency status has been granted, the applicant can invest another 512 000 EUR (making the total investment equal to at least 1 024 000 EUR) and can then apply immediately for Bulgarian citizenship. Before you dive straight into applying for residence in Bulgaria, you should take the time to learn a bit more about other residence and citizenship by investment programs and how to avoid scams and fake programs.Â. How come it’s a con? Once you obtain the passport, it’s yours for life.Â, Bring your family. Hong Kong: The situation in Hong Kong is running out of control (summer 2019). Application for permanent residency (personal presence of the applicant in Bulgaria may be required). If you choose this way, then all you will need to do is pay an up-front deposit, which is normally around $195,000. 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. You won’t have to relinquish the citizenship you already hold in order to become a Bulgarian citizen. So can your dependants. And if you couldn’t care less about logistics, then perhaps some of Bulgaria’s international clout would persuade you?Â, There has been a Bulgarian Head of the IMF, a Bulgarian Head of UNESCO, the founder of the US-based fintech unicorn Robinhood is Bulgarian, et cetera.Â, Plus, Bulgaria is a destination that’s known for its science and technology scene. Pack your bags and get ready to see your new country of residence! Fancy something more exciting and riskier than government bonds? If you’ve never visited Bulgaria before, this will be the first chance that you get.Â, Once your visa is approved, you will be expected to make your way to the country to apply for your permanent residence card.Â. For example, there are more and more US citizens that apply for the semi-fast-track option and obtain full Bulgarian citizenship at a later stage. That’s not the case with Bulgaria at the moment, although it’s widely accepted that it’s only a matter of time until Bulgaria becomes part of the Schengen area. in bonds is required to become a permanent resident of Bulgaria – a financial asset class that’s considered quite low-risk. This is a document that will be required to obtain your investor visa.Â. Plus, the Cypriot residence eventually leads to citizenship too. Since it’s really a hybrid program, not many people linger in the permanent resident stage. So can your dependants. It is worth stating that the fast-track citizenship program doesn’t require the candidate to pass any language, history or other tests, nor to surrender his existent citizenship(s). Please note however that there is no clearly defined and predictable path to citizenship through the Bulgarian “programme”. You’re also able to set up a trust account with a local Bulgarian bank of a minimum amount of €511,292. +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. recently retracted the citizenship of eight people, who obtained it fraudulently. . Spain’s RBI program has a similar price tag as Bulgaria’s – a minimum investment of, €500,000 is expected of all foreigners. Required fields are marked *. Or, you can just visit it for holidays – you choose.Â, . EU citizenship grants the permission to live, work or study in any country of the European Union. Plus, Greece just has that Mediterranean charm that Bulgaria often lacks. Well, the benefits of EU citizenship are certainly immense, but they come at a price. Unlike people from the US, Canada, or Australia who already have top-tier passports, emerging world citizens may not find much value in pursuing a second passport in somewhere like, 3. Investment of EUR 1 million Shares of Bulgarian commercial companies traded on a Bulgarian stock exchange or licensed institution – double your investment to a total of, and you can apply for citizenship after just one year of being a permanent resident.Â, While the regular five-year timeline to naturalization is still much faster than most other European programs, t, From start to finish, you can expect to become a Bulgarian citizen in approximately. Every citizen who is a national of a (EU) Member State is also a citizen of the Union (EU). 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. 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