Bulgaria to Join Schengen Zone
Bulgaria is set to become the newest member of the Schengen Zone, effective March 31, 2024. This milestone is expected to have significant advantages for international investors eyeing...Read more
Bulgaria offers a two-step process to obtain citizenship and a Bulgarian passport. Investors must first apply for the Permanent Residency Programme by investing €512,000 into a choice of investment fund vehicles. The process for PR takes approximately six months to complete. Shortly after residency has been approved, applicants can then fast-track to the citizenship stage by investing a further €512,000. The total timeframe is around 18 months, making it one of the fastest methods of obtaining citizenship in an EU country.
*** Bulgaria Programme now closed ***
€1,024,000 Fund Investment + Costs
Full family citizenship
Visa Free Travel to 188 countries and territories
Citizenship & Passport
Flexible. No requirement to reside.
Bulgaria offers permanent residency through an investment of €512,000 (BGN 1 million) into a choice of investment funds which must be held for a period of five years. At the end of the five-year period, the funds can be withdrawn and returned to the investor. Bulgarian stocks, exchange-traded funds, private equity, venture capital or hedge funds, and/or REITs are all eligible investments for the programme.
Bulgarian residency investors can apply for Bulgarian citizenship after 5 years. It is also possible to fast-track the citizenship option within 18 months by increasing the investment amount by a further €512,000.
The Bulgarian golden visa programme may be attractive to those seeking a more sophisticated investment in the financial market as opposed to a real estate investment in one of the other European programmes. Aside from the initial costs, investors can liquidate their investment after five years. Enquire here.
La Vida offers a selection of residency and citizenship programmes throughout Europe and elsewhere. Below are some suggestions as an alternative to Bulgaria
From €500,000 + costs
Private Equity investment
EU Schengen Zone Travel
Apply Citizenship 5 years
Full Family Residency
No Requirement to Reside
Visa Free Travel