Bulgarian Citizenship by Investment. You will also be able to enter and leave the country as many times as you wish without visas. ), who wish to reside here for more than three months, and foreigners from other countries outside the EU, who wish to stay in Bulgaria on a long-term basis. It is also one of the fastest programs to lead to residence. Stunning Urban Contemporary. Unrestricted right to live, work and study in Europe. minimum amount of the contribution is 250 000 BGN; open -up of minimum 5 job positions for Bulgarian citizens maintained for the duration of the stay. ... Holders of a Bulgarian residence permit can travel legally to Romania, Croatia and Cyprus for 90 days in any 180 days period without visa. The status of a person who has permanent residence or citizenship in Bulgaria automatically entitles his family members - spouses and children - to apply for permanent residence or citizenship. The visa application may be lodged depending on the applicant’s current citizenship and residence. Bulgaria offers many valuable benefits:-Low income tax rate of 10%; Corporation tax rate of 10%; Access to skilled workers; Financially stable economy; Free trade environment within the EU; Our government approved property based investment program is the ideal way to secure permanent residency and EU citizenship. You can’t claim the benefits now, but you should check if you can apply for pre-settled or settled status.. Clients can leverage their capital by choosing to finance the required investment amount through a European bank. Examples of a few of our prime funding choices accessible. Double the investment by purchasing €512,000 in government bonds or in the capital of a Bulgarian company that is carrying out a Priority Investment Project (as defined in the Investment Promotion Act). From a free and pure vision of cruising, the Oceanis 58 offers a life in perfect symbiosis with the sea. Lowest tax rates and free-trade environment within the EU. Proving your right to reside. There are numerous benefits and services that you automatically qualify for if you have a residence card. Must have never been sentenced by a Bulgarian court for a capital offence or accused in criminal proceedings for such a crime (unless he/she has been rehabilitated). Benefits for Permanent Residents. Bulgaria has borders with Greece, Romania, Serbia, Turkey and Macedonia. Foreigners and EU-citizens, who would like to settle in Bulgaria and become Bulgarian residents, should consider some of the benefits of obtaining residence permit: If you wish to move to Bulgaria and become local resident via obtaining a residence permit, feel free to contact us for consultation and assistance. Bulgaria is a balkan country encompassing black sea coastline. You may be interested also in the following articles: Receiving residency permit for Bulgaria through registration of Representative office of foreign company, Frequently asked questions: Registration of trade representative office in Bulgaria – visa D and residence permit, Acquiring Bulgarian citizenship by foreigners, BULGARIAN CITIZENSHIP. Your investment will produce many profits over time and you and your family can freely live in Europe. The long-term EU residence permit has a validity period of five years and can be renewed. Protected in Bulgarian legislation There are many types of residence permits in Bulgaria and it depends on your visa and extended stay requirements to determine which type of residence card will you need. Conditional tax exemption on world income. We have a wide range of experience dealing with all the different options for every client. Learn more about Bulgarian Permanent Residence Program. Meaning qualification for a second passport and therefore their unimaginable recognition amongst our purchasers for the worldwide journey potentialities they current. Citizenship by funding programmes will grant fast citizenship to candidates and their households. Provide documents supporting the source and origin of invested funds. Bulgarian Visa. Make the minimum statutory trips to Bulgaria. Residence certificates In addition, qualified and experienced labor hand could be hired at reasonable wages too. The first step to obtaining a permanent residence is to get a long term stay permit, which is valid for 1 year and is renewed each year. A residence card will allow you to easily get into Bulgaria if you are travelling abroad for business or pleasure. Your Bulgarian ID card can be extended for up to 5 years and foreigners can later apply for permanent residence … After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. As one of the youngest EU member states, Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe. 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 the family members, and many other benefits. Applications for the fast-track program are examined under express procedure. Whichever route you decide to take you will receive your EU permanent residence permit in 6 months. On top of the above, the local airports connect the country with the rest of the world quickly and easily with many attractive flight rates. For those seeking the best of Urban Living!! Benefits of the EU Long Term Residence Permit. The Bulgarian residence permit and Bulgarian ID card are a precondition for family reunification for your non-EU family members to Bulgaria and the European Union. The Bulgaria Fast-Track Citizenship Program and Bulgaria Permanent Residence Program allow an applicant to obtain permanent residency in 4 – 6 months, and full Bulgarian citizenship within 2 years. The most important condition to be respected in this case is the company to hire 10Bulgarian citisens on full-time jobs maintained for the duration of the stay, this requirement should be available for each partner of the company individually. Bulgaria is also a member of a member of the European Union, NATO and European Council. In accordance with the Bulgarian Citizenship Act, foreign investors who hold a permanent resident permit for at least five years are eligible to apply for Bulgarian citizenship. Benefits of obtaining a Bulgarian ID card and Bulgarian residence for European citizens. Corner... Based out of Rome, RM, we offers all the main citizenship and residency investment programmes. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. 1. 3.2. GUIDANCE. Families in which one of the parents is a Bulgarian citizen for their children with Bulgarian citizenship, living in Bulgaria; Pregnant women who are foreign citizens and families of foreign citizens who have permanent residence and raise their children in Bulgaria; In … Permanent residence gives the same rights as BG citizens, except voting. If you don’t have settled status or pre-settled status you’ll need to show you have a right to reside to claim benefits. Right to own land in any EU country. The local address is not a burden and could be changed during the period of validity of the permit. The citizens of EU benefit from a less-complicated procedure for obtaining a residence permit in Bulgaria, because the European Union regulations for free movement apply, while the rest should proceed through obtaining visa paths in order to apply for residence permit. Since there is only 10% Capital Gain tax for individuals and corporate entities, Bulgarian tax regime is one of the most beneficial within the EU and our country is a preferred place for moving and starting a business by many foreign investors. To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria: 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. Special exemption from physical residence enforced with legislation. Unrestricted right to live, work and study in Europe. After five years you may apply for a Bulgarian permanent residence permit. 11820-A/2012, …, The Golden Visa programme was introduced on the island of Malta in 2015 by Law no. The requirements for this option are as follows: Financing options are available to qualified applicants. Time to get your Bulgarian passport. Long-term residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 5-year validity period;; Permanent residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 10-year validity period. Contribution to the capital of a Bulgarian trading company in amount minimum of 500 000 BGN and providing 10 jobs for Bulgarian citizens maintained for the duration of the stay, as the foreigner is a partner or shareholder with registered shares and owns not less than 50 per cent of the capital of the company and as a result of the acquisition new tangible fixed and intangible assets. Sofia, Bulgaria – On July 4, 2014, the Bulgarian government adopted a measure where visas and residence permits issued by Croatia, Cyprus and Romania will be mutually recognized until one of these countries enters the Schengen zone. Visa-free travel or visa-on-arrival travel to more than 157 countries and territories. The Investment is fully guaranteed by the government bonds. capital. Must have maintained permanent resident status and a valid residential address for the past five years. Back to top, Golden Visa European Stock and Bond Market Web Organization. 1.1 Has any guidance been issued on how UK nationals can obtain settled residence status and permission to work from 1 January 2021 and what proof of residence is needed for current residents to maintain their status?. The country is also known for the kind hospitality of the locals and with the good conditions for a living – on one hand, home rental prices in the big cities are acceptable, and on the other hand prices of houses in the countryside are attractive to people who would like to escape from the fast city life. The requirements for to obtain the long-term permit in this case are: Performing commercial activity in the country according to the statutory order will give to the foreigners the right of long-term residence permit for 1 year. ILA offers ready-made investment projects for customers and deals with the construction and renovation of luxury properties, in the most prestigious areas of the country, with a very high income capacity. Bulgarian passport is an accessible, transparent and respectable gateway into the European economy, society and way of life. Benefits for Citizens. Benefits of holding a Bulgarian residence permit . It entitles its holder to leave and enter the country multiple times, visa-free. Extended (ERP) or Permanent Residence Permit (PRP) and/or Bulgarian citizenship .The type of permit is based on the invested amount. Free movement within the Schengen zone after Bulgaria becomes a member state. Sant Antoni de Portmany, Illes Balears 07820 Spain. 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