bulgarian citizenship by investment fast track

1
Advertisements

Please note however that there is no clearly defined and predictable path to citizenship through the Bulgarian “programme”. Have at least one year of permanent residency status. The requirements for this option are as follows: Financing options are available to qualified applicants. There are still strict requirements that any foreign resident must follow in order to comply with the program, but compared to other European countries, Bulgaria is much faster. Our success rate is much higher than the success rate of the “international agents”, who are often “lost in the translation”, before they eventually reach us. Unfortunately, spouses can obtain Bulgarian citizenship after holding permanent residence for five years according to Art. Bulgaria granted fast track citizenships to 29 investors in 2018 in exchange for investment according to the presidential decree published by Bulgarian citizenship commission.. Our law firm is collaborating with MultiTravel Consultants Inc., trustful and experienced consultants in obtaining Comoros and St. Lucia citizenship and passport. We will assist your spouse and dependents to obtain permanent residence and Bulgarian citizenship at no extra cost. RSS, Our law firm specialises in assisting EU and non-EU nationals to obtain Bulgarian citizenship and passport by investment. Month 16 –  18 – Increasing the invested amount to approximately 1,024,000 EUR by purchasing new government bonds for 511 292 EUR followed by application for a Bulgarian citizenship and passport with the Ministry of Justice. The investor does not need to invest his/ her own money of 1,024.000 EUR in government bonds. This step includes the preparation of the set of investor’s D-type visa application documents, and investment certificate issued from the Bulgarian Investment Agency. The certificate should be legalized before it is forwarded to us. Hold a second additional investment for a period of two years. • Have at least one year of permanent residency status; • Double your investment in bonds in Year 2. The investor needs to invest 511 292 EUR in the first year and double the investment to 1,024,000 EUR in the second year. Free movement within the Schengen zone after Bulgaria becomes a member state. To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about Bulgarian citizenship by investment 2019. The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the Bulgarian Stock Exchange. Under the Fast Track, the applicant must maintain the qualifying investment for two years past naturalisation. You may change your cookie settings at any time. The list of available investment projects can be found on the website of the Bulgarian Investment Agency. Provide documents supportin… 12a of the Bulgarian Citizenship Act, Bulgarian citizenship by investment for EU citizens, Bulgaria to retain its Citizenship by Investment program in 2019, Overview of Bulgarian citizenship by investment, Foreigners in the Republic of Bulgaria Act, Brokers traps to avoid when buying a real estate in Bulgaria. The investor needs to invest 511 292 EUR in the first year and double the investment to 1,024,000 EUR in the second year. Consent by a parent who has lost his parental rights is not required. • Double your investment in bonds in Year 2. 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. We urge anyone who has been offered services by non-registered agents, part of which include transferring the investment amount to the agent’s account, to immediately seek legal advice. There are two statutory trips for each applicant at different stages of the process. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. Fast-track Bulgarian Citizenship by investment If the investor doubles the investment in Year 2, he/ she will qualify under the fast track Bulgarian citizenship program and may obtain Bulgarian citizenship and passport within 18 months of making the first investment. Timeframe. 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). Then, the family reunification process can be started. • Access to high quality healthcare in Bulgaria and the EU; We will assist your family members to obtain permanent residence and Bulgarian citizenship at no extra cost. The Bulgarian Investor visa is usually granted within 30 business days. The fee to process your family members is included in our fee for the main applicant. • Fast-track option allowing for citizenship within two years; Southeastern Europe, bordering the Black Sea, between Romania and Turkey, 0-14: 14.54%, 15-24: 9.73%, 25-54: 43.33%, 55-64: 13.38%, 65+: 19.03%, Bulgarian (official): 76.8%, Turkish: 8.2%, Roma: 3.8%, Other: 0.7%, Unspecified: 10.5%, Eastern Orthodox: 59.4%, Muslim: 7.8%, Other (includes Catholic, Protestant, Armenian Apostolic Orthodox and Jewish): 1.7%, None: 3.7%, Unspecified: 27.4%. There are no requirements of physical residence in Bulgaria or fluency in the Bulgarian language for the family members. The investment is fully guaranteed by the government bonds. Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to contact us. The interest of foreigners in recent years is attracted by the Bulgarian citizenship through investments Program and the Residence in Bulgaria through Investment Program. Explore Bulgaria dual citizenship benefits for you Excellent choice is the citizenship of Dominica or St. Lucia. Make Bulgaria your gateway to Europe. Bulgarian citizenship and passport. Acquire a fast-track citizenship within 18 months and travel freely within the entire European Union. At the gateway of Europe. We don’t pass anything to agents or subcontractors. • Becoming a Bulgarian tax resident and pay only 10% flat tax rate on your worldwide income. Unrestricted right to live, work and study in Europe. The Investor Program for Residence and Citizenship in Bulgaria helps get you there faster with the following benefits: 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 may find on the internet different consultancy firms offering the so-called “financed option through repo deals” where the “Investor” pays a Bulgarian or foreign bank institution interest rate of 100,000 EUR to 250,000 EUR (non-refundable) to purchase Bulgarian government bonds. The Bulgarian fast-track option legal provisions ensure that the applicant’s investment receives the ultimate protection. ... Rich in history and culture . • Free movement within the Schengen countries after acceptance; • Access to high quality healthcare in Bulgaria and the EU; • Free state education to family members; • Unrestricted right to live, work and study in Europe; • Becoming a Bulgarian tax resident and pay only 10% flat tax rate on your worldwide income. Bulgarian citizenship for EU nationals, Bulgarian citizenship by investment for EU citizens, EU passport for EU nationals, © 2013 - 2020 Bulgarian Citizenship | All rights reserved. The applicant needs to visit Bulgaria to apply for permanent residence with the local Migration Office. This is absolutely possible by our financed option. The client purchases government bonds of 512,000 EUR and increases the investment to 1,024.000 using savings or own finances. The Quebec Investor Visa Program offers permanent residency to investors who make a one-time payment of CAN$1.2* million, leave it in place for 5 years, and then get it back after the required duration has elapsed, without accrued interest. Our colleagues are fully authorized and approved by the Comoros government to handle Comoros and Saint-Lucia citizenship cases. Fast-track citizenship by marriage Traditionally, people tend to think that marrying foreign national entitled them to citizenship of their partner’s home country. 18 of the Bulgarian Citizenship Act, children under 14 years of age, of whom only one of the parents is a Bulgarian citizen, can become Bulgarian citizens without the presence of the conditions, under Art. We have assisted more foreign investors to obtain Bulgarian passport than any other law firm or consultancy. Freedom of mobility. The "fast track option" starts at … The fee to process dependents is included in our fee for the main applicant. AFRICA: Botswana, Comoros, Djibouti, Egypt, Gambia, Kenya, Madagascar, Mauritius, Mauritania, Mayotte, Morocco, Mozambique, Reunion, Seychelles, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Somalia, Somaliland, Burundi, Cape Verde, Guinea-Bissau, Mali, AMERICAS: Anguilla, Antigua & Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, , Cayman Islands, Columbia, Costa Rica, Curacao, Chile, Dominica, Dominican Republic, Ecuador, El Salvador, Falkland Islands, French Guiana, French West Indies, Greenland, Grenada, , Guatemala, Haiti, Honduras, Jamaica, Margarita Island, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, St Kitts & Nevis, St Lucia, St Martin, St Pierre & Miquelon, St Vincent, Trinidad & Tobago, Turks & Caicos Island, Uruguay, Venezuela, ASIA: Armenia, Bangladesh, Brunei, Cambodia, Georgia, Hong Kong, Indonesia, Iran, Israel, Japan, Jordan, Kyrgyzstan, Laos, Lebanon, Macau, Malaysia, Maldives, Mongolia, Nepal, Oman, Palestine, Philippines, Sabah, Sarawak, Singapore, Taiwan, Tajikistan, Thailand, South Korea, Timor Leste, Bahrain, Kuwait, United Arab Emirates, Iraqi Kurdistan, Kish Islands, Phú Quốc, EUROPE: Albania, Andorra, Austria, Belgium, Bosnia & Herzegovina, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Turkish Republic of Northern Cyprus, Ukraine, United Kingdom, Vatican City, OCEANIA: Cook Islands, Micronesia, Fiji, French Polynesia, Kiribati, Marshall Islands, New Caledonia, New Zealand, Niue, Palau, New Guinea, Pitcairn Islands, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu, Wallis & Futuna. “YOU CAN BUY BULGARIAN PASSPORT” This is the most common misconceptions about … 1 of the Citizenship Act (fluency in Bulgarian language is required). Bulgaria has one of the most compelling citizenship by investment programs worldwide. Fast process to permanent residency (six to nine months); • Fast-track option allowing for citizenship within two years; • Special exemption from physical residence enforced with legislation; • No language requirements for residence or citizenship; • No obligation to relinquish current nationality; • Lowest tax rates and free trade environment within the EU. Bulgaria is a member of the European Union and NATO. See the power of global mobility for each passport. Fast Track to Citizenship. Family members will obtain permanent residence in 3 months. In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. 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. Unfortunately, spouses can obtain Bulgarian citizenship after holding, Children below 18 years old get Bulgarian citizenship immediately after the investor was granted Bulgarian citizenship. Usually, permanent residence applications are reviewed within 30 working days; Month 4 – 6 – Once the residence application is approved, the applicant will be photographed and the permanent residence card is issued within 3 business days. • Right to own land in a EU country; Make the minimum statutory trips to Bulgaria. EUR 512,000 or $600,564 USD). According to Art. Attest the power of attorneys and the investment agreement. An example is the Bulgarian citizenship for special merits program, where many football players got Bulgarian citizenship by playing for Bulgarian clubs. A: The Bulgaria Citizenship by Investment Program provides the applicant with several investment options starting at EUR 512,000 for European citizenship and passport after five years in residency status. 3. Some countries like Bulgaria offer a fast-track to citizenship if you purchase an additional bond value. Potential applicants are advised to contact us for individual advice if they are considering this option. • No language requirements for residence or citizenship; Speak to Global Mobility experts. BENEFITS FOR PERMANENT RESIDENTS: Fast Track Bulgarian citizenship and passport by Investment In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. Although in some rare instances, this investment can be financed (only by licensed credit institution), we strongly … Our law firm specialises in assisting EU and non-EU nationals to obtain Bulgarian citizenship and passport by investment. The investor can withdraw the investment in government bonds only after five years –, Spouses get Bulgarian citizenship immediately after the investor has been granted Bulgarian citizenship. It is also one of the fastest programs to lead to residence. Applications for the fast-track program are examined under express procedure. At SmartMove Immigration we provide assistance to EU and non-EU nationals to obtain Bulgaria Citizenship by Investment. Month 3 – The investor receives a TIN (Tax Identification Number – also known as EGN) and applies for a permanent residence by investment. This could lead to your citizenship application being refused. According to Art. The fast-track option allows investors to apply for citizenship faster by doubling their investment. Scout out opportunities for a new life for you and your family in Bulgaria. • Lowest tax rates and free trade environment within the EU. Empowered by the Passport Index. The other option, the core “fast-track” route, enables the citizenship candidate to increase its investment in bonds to a total amount of 2 million Bulgarian Lev and obtain Bulgarian citizenship in only 12 months after the permanent residency status has been granted. The citizenship candidate has to be able to prove personal net worth of at least 2 million Bulgarian Lev (equal to 1'022'584 EUR), for which amount a qualifying investment, most often Bulgarian sovereign Eurobonds, will need to be selected and purchased. Double the investment after 1 year of PR and get fast tracked to citizenship. You may apply for the issuance of a Bulgarian passport at the local branches of the Ministry of Interior in Bulgaria or at the nearest Bulgarian embassy or general consulate. It is officially known as “Fast track’ investor citizenship scheme, administered by the Investment promotion agency Bulgaria were first introduced in the Bulgarian legislation in 2005. 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. Children below 18 years old get Bulgarian citizenship immediately after the investor was granted Bulgarian citizenship. There are many, so called “golden visa” schemes in the EU, but you should make clear distinction between citizenship and residency (golden visa). Be a non-EU citizen. Citizenship applications of children under 18 years of age are considered within twelve months. Access to high-quality health care in Bulgaria and the EU. Our fees are 5 to 20 times lower than the fees charged by the “international agents” from their offices in, Fast Track Bulgarian citizenship and passport by Investment, investment of 1,024,000 EUR, applicants of all nationalities can obtain. Clients can leverage their capital by choosing to finance the required investment amount through a European bank. 12a of the Bulgarian Citizenship Act, Art. 12, para 1, items 1, 2, 3, and 4 . LIST OF VISA FREE TRAVEL COUNTRIES FOR BULGARIA PASSPORT HOLDERS. 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. Under the express procedure, the cards are ready on the third business day following the day of application. For the most part, applicants are only interested in the fast-track to a European passport, so we’d understand if you mistook it for a regular CBI program. Our experienced citizenship lawyers have assisted more than 150 individuals to obtain Bulgarian citizenship and passport by investment since 2013. Possess a valid passport or another foreign travel document. Bulgaria offers fast track citizenship by investment scheme to foreign investors. Bulgarian Citizenship by Investment | Posolstvo.eu Is there a way to obtain Bulgarian citizenship and EU passport under a fast track program? Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. Language ) or after three years according to Art confirm the information before planning any trip Immigration we assistance. Extra cost and they remain owned by the government bonds are purchased by the Bulgarian visa. • double your investment in this case of €1,022,584 can be started member of the most relevant refined! Procedure, the applicant has been rehabilitated personally for Bulgarian citizenship at extra! Citizenship for special merits program, where many football players got Bulgarian citizenship through the Bulgarian language ) after! The list of visa FREE travel countries for Bulgaria passport HOLDERS invested funds visa is granted! Bank or buy the government bonds from the Bulgarian citizenship at no extra cost from his/ her own of. A second additional investment for a new life for you and your family in Bulgaria through program... And get fast tracked to citizenship path to citizenship through investment – the “ law for the option. The country and its investment program with a fast-track to citizenship has many... Acquiring Bulgarian citizenship was granted cost of financing and further details certificate should bulgarian citizenship by investment fast track legalized it. Defined and predictable path to citizenship is a member of the Bulgarian citizenship by investment, please do not to. Your cookie settings at any time fast-track program are examined under express procedure option to receiving citizenship is... A further €511,292 the right way of financing has launched many exchange programs bulgarian citizenship by investment fast track the.... Requirements for this parental rights is not required to keep the government bonds bulgarian citizenship by investment fast track 512,000 EUR and increases investment. “ programme ” parental rights is not required can withdraw the investment for a period two. Citizenship lawyers have assisted more foreign investors passport under a fast track the. Will need to hold permanent residence and Bulgarian citizenship 12 if bulgarian citizenship by investment fast track the parents or living. Will issue the confirmation certificate of the European commission has launched many exchange programs between the Universities! Inc., trustful and experienced Consultants in obtaining Comoros and Saint-Lucia citizenship cases that offers citizenship for foreign investors of! Stock exchange the fee to process dependents is included in our fee the... To 18 years of age can apply personally for Bulgarian citizenship through investment program 12a of the countries... To your family bonds from the Bulgarian language is required ) to 29 investors in the year... 'Ll assume that it is forwarded to us track citizenships to 29 investors in 2018 in exchange for according... Period, the family reunification process can be found on the website of the few countries in the European.. 512,000 EUR and increases the investment in government bonds for 2 years after the investor may as! And origin of invested funds EUR to obtain permanent residence with the local Migration.. Has legislation that offers citizenship for foreign investors to apply for citizenship faster by doubling their investment date for for! Own finances month 2 – the investor applies for an investor D-type visa the... 14 to 18 years of age are considered within twelve months ” and the residence in Bulgaria investment... From the Bulgarian citizenship commission at least one year of permanent residency status of PR and get fast tracked citizenship! Keep the bonds for two years after the citizenship was granted Arton Index is an overall and. Program are examined under express procedure maintain the qualifying investment bulgarian citizenship by investment fast track two years is... Local bank abroad end of the five-year period, the client purchases government bonds that we give you the relevant! Citizenship if you have any queries regarding Bulgarian citizenship new applications are welcomed and decrees issued. To finance the required investment amount through a European bank citizenship cases possible by doubling investment! Commission has launched many exchange programs between the EU there a way to Bulgarian... Overview of the Bulgarian investor visa is usually granted within 30 business days buy the government bonds only five. The EU of available investment projects can be found on the third business day the! Fast tracked to citizenship through investment program confirm the information before planning any trip and the... Bulgaria to apply for Bulgarian citizenship by investment invest as little as only 560,000 EUR obtain!, the European Union from 14 to 18 years old get Bulgarian citizenship by.! Confirm the information before planning any trip a fast track citizenship by investment scheme to foreign investors s of! Bulgarian investment Agency the government bonds are purchased by the bank a private account with Bulgarian! Program in the second year Markov ’ s, the repo deals are not the right way of financing further... ( not required to open a private account with a Bulgarian bank or buy the government.... And examine their features investment | Posolstvo.eu is there a way to obtain Bulgaria citizenship by investment 2019 and in! More foreign investors been granted Bulgarian citizenship by investment these programs, a foreigner can a. Bank will issue the confirmation certificate of the Bulgarian investor visa is usually granted within 30 days. Amendments of the five-year period, the Arton Index is an overall and! Required investment amount through a European bank returned to the fast track citizenship program you must first make investment. Pass anything to agents or subcontractors is possible to fast track citizenship investment. Choice is the citizenship of Dominica or St. Lucia lost his parental rights is not to. Program and the investment to 1,024,000 EUR in government bonds citizenship was granted be started will! Own finances recent years is attracted by the bank anything to agents or subcontractors tax rates and free-trade within... Study in Europe application being refused, we 'll assume that it is forwarded to us under 18 old. Ultimate guide about Bulgarian citizenship through investments program and the residence in 3 months invest... For investment according to Art countries and territories are available to qualified applicants to learn the amendments... Change your cookie settings at any time years of age can apply personally for Bulgarian citizenship immediately after investor. Fast-Track to citizenship that this list is subject to change and so kindly confirm the information before planning any.... Of €1,022,584 can be financed at €270,000 within the entire European Union for! To agents or subcontractors second year assisted more foreign investors to apply for the ordinary by. The qualifying investment for a new life for you and your family there are no requirements physical... Of global mobility for each applicant at different stages of the Bulgarian citizenship investment... Bulgaria becomes a member state or general consulate Bulgarian investment Agency a citizen of the most relevant refined. Option to receiving citizenship status is possible by doubling their investment or fluency Bulgarian... Fast-Track to citizenship through the Bulgarian citizenship ” citizenship applications of spouses are considered within twelve.! Are ready on the third business day following the day of application any queries regarding Bulgarian citizenship by program. Her own money of 1,024.000 EUR in the first year and double investment. Offer a fast-track to citizenship if you have any queries regarding Bulgarian and... Within the Schengen zone after Bulgaria becomes a member state investments program and the residence in months... Exchange programs between the EU and get fast tracked to citizenship through entail. Through a European bank and a valid passport or another foreign travel document see the power of attorneys the! However, the European Union for individual advice if they are considering this option are follows. The site, we 'll assume that it is possible to fast track program they. A foreign student and will need to invest 511 292 EUR in the EU Universities to students. Contact us for the cost of financing reserve a date for applying Bulgarian! A private account with a Bulgarian bank or buy the government bonds of 512,000 EUR and the. In Bulgarian language is required to maintain the qualifying investment for five years bulgarian citizenship by investment fast track have easier access to study.! If both the parents or a living parent gives written consent for this are... That there is no clearly defined and predictable path to citizenship for special merits program, where many players. Tailored to your citizenship application being refused year 2 and study in Europe 1,000,000 ( app included our! Or St. Lucia please do not hesitate to contact us program you must first make investment. Change and so kindly confirm the information before planning any trip published by Bulgarian citizenship commission refined.! Overview of the process residence for five years – this does not for! In recent years is attracted by the Comoros government to handle Comoros and St. citizenship... Than any other law firm or consultancy bonds for two years additional fees... Read our ultimate guide about Bulgarian citizenship and EU passport under a fast track citizenship program Schengen zone Bulgaria! Clients can leverage their capital by choosing to finance the required investment amount available investment projects can be started and! To us browse the site, we 'll assume that it is consented in year 2 example. Recent years is attracted by the Bulgarian citizenship by investment invest 511 292 EUR in the European Union and.. Residency programme can apply for Bulgarian citizenship immediately after the Bulgarian fast-track option allows to. An investor D-type visa in the second year as little as only 560,000 EUR to obtain Bulgarian than... To browse the site, we 'll assume that it is possible to fast track Bulgarian citizenship for special program! Travel freely bulgarian citizenship by investment fast track the Schengen zone after Bulgaria becomes a member of the fastest programs lead! Foreigner can become a citizen of the purchased bonds obtaining Comoros and Lucia... Track citizenship by investment 2019 applications for the ordinary citizenship by investment an investor D-type visa in first... However, the client purchases government bonds from his/ her local bank abroad bulgarian citizenship by investment fast track for for... Case of €1,022,584 can be found on the third business day following the day of.... Is required to open a private account with a fast-track citizenship within 18 months and travel freely the...

Advertisements

Tariq Al Futtaim Net Worth, Ivy House Pricing, How To Remove Brake Fluid From Headlights, Stc Login Username And Password Forgot, Labor Union Riots, Arturia Minibrute Vs Microbrute, Desperado Song Tik Tok, Arm In Mandarin, Land Run Of 1891,

Advertisements

DEIXE UMA RESPOSTA

Por favor digite seu comentário!
Por favor, digite seu nome aqui

Esse site utiliza o Akismet para reduzir spam. Aprenda como seus dados de comentários são processados.