The Bulgaria Golden Visa (golden visa) is a program that grants foreigners a permanent residence permit. It is also known as the Bulgarian Investor Visa. Stay informed about Bulgaria Golden Visa benefits and developments.
For the Bulgaria Golden Visa application, the investor must invest at least €512,000 in eligible funds and prove that they have a source of income exceeding the investment amount. Apart from this, the general application requirements are as follows:
The Bulgaria residence permit by investment program covers the investor, the investor’s spouse, children under 18, and economically dependent children over 18 (proof of economic dependency and/or student status is required). Additionally, financially dependent parents of the investor and/or spouse are also included in the program.
The Bulgaria Golden Visa application is completed within 3 to 6 months. Our partners track the application process end-to-end to ensure it proceeds smoothly. During the application process, preliminary procedures for the Bulgarian residence card can be initiated remotely.
Prior to the investment, the Bulgarian Investment Agency checks your source of income, whether you are a Politically Exposed Person (PEP), that your criminal record is clean, and your bank account status in an FATF-compliant country.
You must make your investment through Bulgarian AIF (Alternative Investment Funds) or ETF (Exchange Traded Funds). An investment certificate is obtained from the institution where you invest.
A long-term Type D visa application is made to the Bulgarian Embassy or Consulate. The visa is issued within an average of 4 weeks.
An application for a permanent residence permit is made to the Bulgarian Migration Directorate. At this stage, it is necessary to go to Bulgaria for biometric verification.
The residence card is obtained after the permanent residence permit is approved. After obtaining a residence permit in Bulgaria, you are not obliged to reside in the country.
The card is indefinite; however, it must be renewed every 5 years on the condition that the investment is maintained. If you permanently reside in Bulgaria for 5 years, you can apply for citizenship.
Within the scope of the Bulgaria residence permit program, there is currently only a single investment option. Investors must make an investment of at least €512,000 through Alternative Investment Funds (AIFs) or Exchange Traded Funds (ETFs). For the investment to be considered valid, the funds must meet the following conditions:
Bulgaria had a program called “citizenship by investment” that offered citizenship by investment. Under this program, investors could apply for citizenship quickly and easily. However, Bulgaria terminated citizenship by investment in 2022. Today, investors can still obtain Bulgarian citizenship through investment, but they must first obtain a residence permit. Investors who maintain their investment for five years can then apply for citizenship. The requirements to apply for citizenship by investment are as follows:
The minimum investment amount required for the Bulgaria Investor Visa is €512,000. Total costs may vary depending on the applicant’s family status and the preferred scope of services. However, on average, Bulgaria Golden Visa costs are as follows:
You can review country programs and contact us to evaluate a customized investment option for you.
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