Bulgaria - Worldwide Residency Pte Ltd

Bulgaria is one of the younger EU member states is strategically located to cater to the Europe, Middle East and the North Africa markets. Having a rich heritage of Greek & Persian influence, Bulgaria has many vibrant cities offering unique cuisine, activities and white sand beaches. It has one of the lowest and attractive corporate tax rates in the EU (10%) and has readily highly qualified workforce.

Bulgaria Golden Visa Program Highlights:

You can invest bonds rather than through government donations;
Relatively risk free investment and creative financing options available;
Just 2 trips needed at the different stages(submit documents & biometrics);
Fast residency within 4-6 months

Bulgaria Residency Options

Bulgaria offers these 2 visa programmes: residency by investment and citizenship by investment.

1. Bulgaria Residency Through Bond Investment

Applicants will need to invest €511,292 in government bonds for 5 years. At the end of 5 years, the full amount will be returned to the investor. The processing time is about 4-6 months with 2 trips needed. There is no physical residency obligation required. Call us to know more about the cheaper walkaway option.

It is possible to apply for citizenship after 5 years of residency. There is another pathway, which is the fast track option. This is done by further investing an additional €511,292.

2. Bulgaria Citizenship through Bond Investment

After the investor obtained Bulgarian residency, instead of waiting for 5 years to apply for Bulgarian citizenship, it is possible to fast track the citizenship option by investing an additional €511,292 in government bonds. This fast track option allows investors to become Bulgarian citizens in a relatively short time by doubling their investment. Moreover, financing options are possible to qualified applicants. (Applicant will need to visit Bulgaria twice for interviews and documents submission.)

The requirements:

Have at least one year of residency status.
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).
Holding the second additional investment for a period of two years after the issue of citizenship.

Time to Bulgaria Residency

Application for Bulgaria Residency will take about 4-6 months.

Application for Bulgaria Citizenship Program will take about 20-24 months.

Bulgaria Stay Requirements

There is no physical residency obligation required.

Family

Family application – children under 18 years old

Bulgaria Tax Benefits

Low taxes. Personal tax and corporate tax at 10%.

Summary

The Bulgarian golden visa program offers the simplest way to residency and citizenship. While some EU golden visa programs require you to donate or invest in properties, this relatively risk free government bond investment may be attractive to those investors who are seeking a lower risk investment to obtain their residency. In addition, there is no age, language, education or business experience requirements.

Call us for the cheaper walkaway options for Bulgaria’s visa program.