Apply in person for Bulgarian citizenship at the Ministry of Justice in Sofia or at a Bulgarian Consulate abroad. You will be able to apply for a permanent residence permit (valid indefinitely) after five years’ residence in Bulgaria. * Bulgaria is set to gain a place within the Schengen in 2013. If you have resided legally in Bulgaria for a period of five years on the basis of a consecutive long-term residence permit, you and your family members are entitled to a permanent residence permit. Will it be sufficient to participate in the program as a family or we need to be married officially? To obtain a permanent residence permit, you need to provide the following documents and complete the following steps: Question: Suppose, I use my Barclays bank account to remit the monies to the Bulgarian Government for the initial investment of EUR 512,000 and I also use the same account for the upcoming investment for application through the fast-track program. SECURING RESIDENCE AND WORK STATUS Not in Bulgaria, where bureaucracy remains frustratingly opaque. Bulgaria offers one of the cheapest permanent residence programs in Europe, and the cheapest citizenship program. Permanent Residence by Investment Program, Second Citizenship, Second Passport - FAQ, Second Passport by Investment Programs – Comparison Table, Honorary Consulate and Diplomatic Passport, Legal Basis for Honorary Consul Appointment, Publications on Immigration and Dual Citizenship, Temporary and Permanent Residency in Slovakia, Permanent Residence in Belgium and in other EU-countries, Immigration to Switzerland for financially independent persons, Immigration to Andorra for High Net Worth Individuals, Spanish Citizenship and Two-Stage Schemes Fraud. How are the investment monies refunded to me? Question: I have some questions about obtaining Bulgarian citizenship by investment. To come to Belgium for a long period or permanently, there are other types of residence status. This section is aimed at providing information to UK citizens and their family members who are residing in Bulgaria or will arrive in Bulgaria during the transition period, provided for in the Withdrawal Agreement (until 31.12.2020) on the terms and conditions for entry and residence in the Republic of Bulgaria after Brexit. Bulgaria also has an Investment Promotion Act through which foreign investors may apply for a residence permit. The Bulgarian permanent residence permit is valid for five years. This category only includes cookies that ensures basic functionalities and security features of the website. Permanent residency of Bulgaria is granted to citizens of any country (and their spouse and children under 18) who invest in the country through certain terms outlined in the Act. INVESTMENT AMOUNT. The Bulgarian residency is implied by the prolonged stay … To come to Belgium as a foreigner you must be able to present certain identity and residence documents. You control your investment portfolio at all times. Permanent Residence Permit. Permanent residence (разрешение за постоянно пребиваване) gives holders the same rights as citizens, except the right to vote. The Bulgarian language competence requirement and the relinquishment of the current nationality requirement for applicants who invest in government bonds are waived. The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. If you have resided legally (on the basis of a long-term residence permit) and continuously in Bulgaria in the last five years, you and your family members are entitled to apply for a permanent residence permit. This entitles the person to the same rights as a Bulgarian citizen, except the right to vote. Free movement within the Schengen zone after Bulgaria becomes a member state. Bulgaria Investor Program. Updated "Applying for Bulgarian citizenship" section: permanent residence required for 5 years in order to apply. This website uses cookies to improve your experience. Benefits and Advantages on the Permanent Residence Scheme: On February 23, 2013, new important amendments in the Investment Promotion Act and resulting changes in the Foreigners in the Republic of Bulgaria Act and the Bulgarian Citizenship Act came in force. Our clients qualify for Permanent Residency via the Foreigners in the Republic of Bulgaria Act, Article 25 which was passed in August 2009 and ratified by the EU. This investment visa has two tiers of investment into a Bulgaria Government Bond program for five years. Easy access to EU countries – no visa requirement. Holding a residence visa also enable the applicants to enter and leave the country as many times as they wish without visas. According to the Bulgarian legislation you can claim Bulgarian tax residency if 1. Question: We are Russian family interested in Bulgarian residence-by-investment program. With a venture time of 5 years, after which you are not required to pay any further. Benefits for Citizens. Unrestricted right to live, work and study in Europe. At the end of the five years, you can withdraw the entire amount from the fund. The permanent residence permit is issued by the local Migration Offices in Bulgaria. The Permanent Residency can be obtained by the following : 1 Full Investment - The Bulgaria Permanent Residency Program can be obtained by making an investment of €511,292 (BGN 1 million) in their Government Bonds. There are no restrictions for Iran in Bulgaria (sanctions are imposed by the USA and some other countries). ARTON INDEX SCORE. How many times should the Investor visit Bulgaria for this program before getting the permanent residency and citizenship? BONDS. Answer: The money will be refunded to any personal bank account you indicate when the moment comes. 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. Permanent Residence in Bulgaria. You must transfer the investment amount to Bulgaria from a personal bank account. He has just received his permanent residence permit. To obtain Bulgarian tax residency you are not required to stay for 183 days in Bulgaria. Unrestricted right to live, work and study in Europe. Non-EU nationals and their families (spouse and children below 18) can apply for Permanent Residence in Bulgaria if they invest in several financial instruments. Permanent Residence Permits. You can apply for permanent residence after five years of legal residence in Bulgaria. It is very often issued on the base of Bulgarian origins of the applicant, or marital or family relations, or spending 5 years of residence here, the presence of investment intentions/reasons, etc. Towards the end of their 5th year of continuous legal residence your non-EU family members should apply for a permanent residence card in the EU country where you live.. Long-term or permanent residence in Bulgaria is available on the different legal basis under the provisions of the Foreigners Act. It is mandatory to procure user consent prior to running these cookies on your website. 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. You can apply for permanent residence after five years of legal residence in Bulgaria. No special rules have been adopted for frontier workers, meaning that frontier workers may not continue to work in Bulgaria after 1 January 2021. You also have the option to opt-out of these cookies. The permanent stay residence status can be obtained on the following grounds: Permanent residence gives the same rights as BG citizens, except voting. 6. Five years of legal stay in Bulgaria. We have no state marriage certificate, only a church one. The first Bulgarian permanent residence permit is valid for five years and on next … Permanent Residence Permit Before applicants are issued a permanent residence permit, they must first obtain an extended residence permit and hold it for a minimum of five (5) years. More information about the Bulgarian procedure can be found here: Bulgarian (EU) citizenship by investment. 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. 2. The permanent residence card is often issued free of charge (or for the same price as identity cards for nationals). 3. Five years after maintaining the residency entitled you to apply for citizenship of Bulgaria. PASSPORT INDEX MOBILITY SCORE. Obtaining temporary residence in Bulgaria and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria.The Foreigners in the Republic of Bulgaria Act allows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. 75. Bulgaria is a member of the European Union and NATO. Long-term residence permits up to one year, and B. The Black Sea defines the extent of the country to the east. Bulgaria functions as a parliamentary democracy within a unitary constitutional republic. Permanent residence and Bulgarian citizenship – absence from the country. Our government approved property based investment program is the ideal way to secure permanent residency and EU citizenship. PROGRAM HIGHLIGHTS. It’s usually a formality to have a permit renewed, although you will need to have spent at least six months and one day of the 12-month period in Bulgaria. Residence permits. This entitles the person to the same rights as a … You will be able to apply for a permanent residence permit (valid indefinitely) after five years’ residence in Bulgaria. Applications for permanent residence can only be submitted in Bulgaria. It’s usually a formality to have a permit renewed, although you will need to have spent at least six months and one day of the 12-month period in Bulgaria. Bulgaria’s warm climate, excellent conditions for recreation ,cheap medical treatment and the low prices of food and services attract tourists of all ages.. G eneration s of foreigners prefer spending their holidays in Bulgaria.. 925.681.2326 Option 1 or 866.386.6571. Suppose if I want to visit Bulgaria, apply for PR and wait for the decision in Bulgaria. This website uses cookies to improve your experience while you navigate through the website. YEARS TO CITIZENSHIP. Permanent (not limited in time, but is valid for Bulgaria only, not applicable to EU) - after accomplishing 5 years of continuous permit MONTHS TO RESIDENCE. To obtain a permanent residence one must spend 5 years in Bulgaria according to the long-term stay conditions. Right to own land in any EU country. These cookies will be stored in your browser only with your consent. It should be valid for 10 years and is automatically renewable without any condition or requirement. 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. This is according to an order published by Bulgaria’s Health Minister Kostadin Angelov, posted on the ministry website on the night of December 21. These cookies do not store any personal information. BENEFITS OF EUROPEAN PERMANENT … Long-term or permanent residence in Bulgaria is available on the different legal basis under the provisions of the Foreigners Act. No further payment is required. Continuous (renewed each year):- up to 6 months; - up to 1 year; 2. Free copying in on-line editions is allowed in case of saving the HTML-formatting "as-is" including this copyright. Relatively fast (from two to three months) application process. Right to own land in any EU country. With a venture time of 5 years, after which you are not required to pay any further. The requirements for those who opt for the regular program are as follows: 1. The Investment is fully guaranteed by the government bonds. Bulgaria (officially the Republic of Bulgaria) is a country in Southern Europe. No residence requirement . BULGARIA RESIDENCY PROGRAM THROUGH INVESTMENT. Permanent residence (разрешение за постоянно пребиваване) gives holders the same rights as citizens, except the right to vote. These investors will have the privilege of being able to apply for Bulgarian citizenship after 1 year with permanent residency status (instead of normal 5 years). Permanent residence permit Permanent residence permits are issued by the Bulgarian Ministry of Interior. On one of the charges, falsifying identity cards, the penalty is up to 10 years in prison. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. Opportunity to become resident of the European Union. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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