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Bulgaria

Residency by Investment

Minimum Investment

€511,000

Donation

Minimum Investment

N/A

Real Estate

Time To Citizenship

6-9

Months

Visa-Free Access *

170+

Countries & Territories

About the program

To be eligible to apply for this program, you must be over 18 years old, in good health and without a criminal record. Applicants are also required to make a deposit in a Governmental Bond Portfolio for an investment period of five years, with no further payment required.

Benefits

Visa-Free Travel

As a permanent resident of Bulgaria, you are a resident of the European Union, thus you are entitled to freedom of movement in the Schengen area.

Guaranteed by law

Bulgaria has a low cost of living for high-standard of goods and services.

Straightforward Process

You and your family will be able to study in schools or universities across Bulgaria and enjoy world-class healthcare.

Tax Relief

Bulgaria has low tax rates and free trade environment within the EU with Macroeconomic and financial stability.

Minimal residency required

There are no physical residency requirements. You are not required to visit before or after the application.

Dual Citizenship permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

Program requirements

Main applicant requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Receive approval by the Government
  • Confirmed investment sources

Eligible dependents

  • Spouse of the main applicant
  • Adult children (biological or adopted) under 28 years of age
  • Dependant parents

*Parents and children older than 18 must be dependent on the main applicant.

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Program process

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Legal basis

Offered in accordance with the Foreigners in the Art. 25, para 1, items 6 or 7, of Foreigners in Republic of Bulgaria, the Investor Program for Residence and Citizenship includes a fast-track citizenship option. To qualify for application, you will need to meet one of the requirements outlined in the “Investment Options” section. Acquiring a Bulgarian permanent residence through the immigration program provides investors with all the rights of a Bulgarian citizen, except the right to vote. The residence gives applicants the right to enter and leave Bulgaria freely, as well as the right to travel across all European countries visa-free.

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