Bulgaria Immigrant Investor Citizenship Program

Bulgaria

Bulgaria is baltic country in southeast of Europe, bordered by Romania, Turkey, Serbia and Greece. Bulgaria has an investor program which came into force in 2009, for foreign investors who invest significant amount of money in the economy of Bulgaria. In return a permanent residence permit issued and the person can live in Bulgaria for an indefinite period of time.

Bulgaria is likely expected to join the `schengen` in the near future.

  • Low tax rates.
  • Business Venture & Immigration
  • No restrictions on dual nationality
  • Affordable cost of living and low business costs.
  • Affordable Real estate Investment

Bulgaria Investor Citizenship

Under this investor citizenship program, minimum investment of of 1 million BGN (approx EUR 500’000) which is to be invested in in a Bulgaria govt bonds portfolio or in a business venture. The govt bonds portfolio is a secure investment and is guaranteed by the Bulgarian govt and is returned without any interest after 5 years. In return a permanent residence permit is issued to investors which allows stay in Bulgaria for an indefinite period of time. The key here is the program exempts investors from physical residence and is free to leave the country anytime. It may take about 6-8 months to get the bulgarian residence permit which is a quick and faster compared to other countries.

After 5 years, the investor qualifies to apply for citizenship but the investor has to demonstrate that he/she has made a significant contribution to Bulgaria such as business activities creating jobs, sports, culture or bringing new science and technology to the country.

Bulgaria allows dual citizenship and has no restriction on it.

The minimum eligibility criteria and documents needed are..

  • Applicant should be a Non-EU citizen.
  • Application should have no criminal record
  • Minimum investment of 1 million BGN (approx EUR 500’000 or more)
  • Proof for source of funds.
  • Proof of investment agreements and power of attorneys certifed by Apostille.

More information about this investor program, can be found in Bulgaria government official website: http://www.investbg.government.bg

Taxes

The personal income tax in Bulgaria is 10% and corporate income tax is 10% of the taxable profit. The VAT (value added tax) is 20%.

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