Bulgaria offers a fast-track citizenship program for foreign investors, enabling foreigners to obtain Bulgarian citizenship and passport in exchange for investments. The program has clear legal basis and multiple investment options with low requirements. Obtaining Bulgarian citizenship provides visa-free access to EU and increased global mobility. With competitive costs and processing times, the Bulgarian citizenship by investment program offers an attractive route for high net worth individuals seeking alternative citizenship.
Bulgarian Citizenship by Investment Has Clear Legal Basis and Multiple Options
Bulgaria’s citizenship by investment program is established by the Bulgarian Citizenship Act and the Foreigners in the Republic of Bulgaria Act. Applicants can choose from several investment options, such as investing 1 million BGN into a Bulgarian company or government bonds, or 2 million BGN into licensed financial instruments. The program has no residence requirements and allows dual citizenship. Options are available for family members with different cost and eligibility requirements.
Fast Processing Time and Low Investment Threshold
The minimum investment threshold for the Bulgarian CBI program starts from 1 million BGN, lower than many other European programs. The government guarantees a processing time of only 6 months for citizenship applications. The streamlined application process and low investment requirements make the Bulgarian program affordable and efficient for investors.
Bulgarian Citizenship Provides Visa-free Access to EU and Increased Global Mobility
Bulgarian passport holders enjoy visa-free access to EU/Schengen countries and can freely work, live and study there. The Bulgarian passport also offers visa-free or visa-on-arrival access to over 150 countries and territories. The Bulgarian government is taking steps to join the Schengen zone which will increase the travel privileges.
Bulgaria Offers Attractive Lifestyle, Low Costs and Investment Environment
Bulgaria provides a high quality of life at relatively low living costs compared to Western Europe. Situated in Southeastern Europe, the country offers beautiful natural scenery, historic towns, quality healthcare and education infrastructure. Bulgaria’s economy is growing steadily and provides a favorable environment for doing business and making investments.
The Bulgarian citizenship by investment program provides an efficient way for wealthy investors and families to obtain EU citizenship and passport at a reasonable cost. With a stable legal basis, competitive investment requirements and fast processing, the program offers a viable alternative to more expensive European CBI schemes.