In addition to a mild climate, fascinating nature, and resorts, Bulgaria is also attractive to many foreigners because it is a member of the European Union.
And Bulgarian citizenship opens up a lot of opportunities for its holders and gives them the same rights as EU citizens.
Bulgaria allows you to have two citizenships, and to get a Bulgarian passport you do not need to give up the passport of your country. In addition, among all European countries the fastest way to get a residence permit is here. The Bulgarian government favours migrants, and especially investors who contribute to the development of the economy.
What gives Bulgarian citizenship: what opportunities and advantages?
Thanks to Bulgarian citizenship you will be able to:
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Live, study at universities, work, and do business in any of the EU countries.
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Travel freely to more than one hundred and sixty countries of the world, including EU countries, Australia, as well as Canada and the USA.
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Tax rates in Bulgaria are the lowest compared to other European countries, which is attractive for entrepreneurs.
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Ensure for their children the status of EU citizens.
How to obtain Bulgarian citizenship and to whom is it available?
If you have a desire to move to live in this country and enjoy all the rights and privileges of local residents, then it will be necessary to obtain Bulgarian citizenship. For this purpose the legislation of the country provides several possible options.
►The simplest one is reparation, i.e. return to the homeland and registration of citizenship by ethnic Bulgarians. The status can be obtained by persons whose ancestors up to the third knee were Bulgarians. Both or one of the parents, grandparents and great-grandparents. In addition, they can be children of those who hold a passport of the country. Or persons born here. The procedure takes up to three years.
►The next option is to marry a Bulgarian. If this happened outside the country, it is necessary to register the union in Bulgaria no later than six months after the marriage. It will be possible to apply for a passport three years after the permanent residence permit has been issued. There is a condition that the marriage has lasted at least three years by then.
►The simplest one is reparation, i.e. return to the homeland and registration of citizenship by ethnic Bulgarians. The status can be granted to persons whose ancestors up to the third knee were Bulgarians. Both or one of the parents, grandparents and great-grandparents. In addition, they can be children of those who hold a passport of the country. Or persons born here. The procedure takes up to three years.
►The next option is to marry a Bulgarian. If this happened outside the country, it is necessary to register the union in Bulgaria no later than six months after the marriage. It will be possible to apply for a passport three years after the permanent residence permit has been issued. There is a condition that the marriage has lasted at least three years by then.
It is also possible to obtain Bulgarian citizenship under the naturalisation programme. This is a procedure by which a foreigner can obtain Bulgarian citizenship without having national roots. This method is both the most affordable and the longest. It will take an average of ten years if the necessary conditions are fulfilled.
If none of the above mentioned points is suitable for you, you can obtain Bulgarian citizenship for investment.
Conditions for obtaining Bulgarian citizenship by investment
Investments can be made in businesses, trust accounts of banks, bonds, shares of companies. The minimum deposit amount is 512 thousand euros. Depending on where the investments were made, they will have to be kept for a period of three to five years. And only after obtaining citizenship can they be returned.
A less risky way to obtain Bulgarian citizenship is to invest in property. The amount of such an investment must be at least two million leva.
►Obtaining Bulgarian citizenship through investments allows speeding up the process and reducing the waiting time for a passport from the standard ten years to 2-6 years. In addition, the investor does not have to reside all this time on the territory of the country. Well and a pleasant bonus will be that you will have your own home.
Safe and profitable to buy property here will help licensed agency Bulgarian Resales. For ease of viewing and selection the current offers on our website are categorised. For example:
property in Pomorie;
apartments in Bulgaria;
property in Sozopol;
flats in Burgas;
inexpensive property in Bulgaria;
houses and townhouses etc.
With us it is possible to buy property even remotely, without attending the transaction in person. And your interests will be represented by independent lawyers working with us.
After the investment you have to:
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Obtain an investor visa.
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Apply for a residence permit.
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Obtain a resident card, which in itself gives its holder a number of opportunities.
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Apply for citizenship.
After the application is approved, receive a certificate of naturalisation.
Obtain an EU passport and passport.
Buy a property, obtain citizenship in Bulgaria for your investment, and enjoy all the advantages of an EU passport holder.