18 years old) can also obtain EU citizenship. The foreigner receives a residence permit in the country, and after a year or three years, applies for citizenship. within the EU, the EEA, and Switzerland. All rights reserved by "Citizenship & Investments" LTD. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. Standard Track – Lv 1,000,000 (approximately € 513,000); Jordan gets $1.2 billion investment from CBI program. The Deputies were going to change the conditions of the investment programme in 2019, but then the Parliament did not approve the changes. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. This is the obtaining of Bulgarian citizenship through the Citizenship by Investment Program (CIP). However, it is not yet clear when they will be allowed to apply for citizenship. Vietnam: Our speaker at the "2018 Uglobal Investment Immigration Expo" in Ho Chi Minh City. Citizenship will be granted after a permanent residence permit. The changes are expected to take effect at the beginning of 2021. Only Malta, Bulgaria confer full EU citizenship rights for investment. 8. ... Our government has yet to do its homework in 2020 in order to spread the word about the Bulgarian program. The new options will also help develop and support Bulgarian businesses. January 20, 2021 Read more. Contact us for more information on alternative EU Citizenship By Investment Programs in 2020. You can double your investment to get your passport within 2 years. Citizenship by investment. During the second half of 2019, the critics from the EC against the EU investment citizenship and residency programs intensified. Read more. Permanent lifetime citizenship in the European Union. The advantages of the "Bulgarian Citizenship by Investment" program Unlimited residency, working & political rights EU-wide (and beyond) One of the major innovations established by the Treaty of Maastricht on European Union is the creation of European citizenship over and above national citizenship. Member of VD&A. Bulgaria. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. Bulgaria has EU passport by investment scheme but the prices for fast track citizenship requires EUR 300,000 (financing option for EUR 1 million) in Bulgarian Government bonds. Then you become a full EU citizen. It will also set a deadline for how long an investor has to keep the investment. Bulgarian citizenship by investment - 2020 update! A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Bulgaria Citizenship by Investment. T he Bulgaria citizenship by investment application process is extremely efficient, and the government of Bulgaria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. The minimum investment amount is €250,000. The changes are aimed at keeping investments in the economy longer. Read more. Permanent residency issued within months. Investment size. A residence permit in Greece allows the investor to apply for citizenship after 7 years and not after 12 years as with naturalisation. In our current article we have tried to answer the most frequently asked questions by our clients, related to obtaining Bulgarian citizenship through investment. 14 Countries that May Open News Citizenship by Investment Programmes in 2020 Governmental programmes that offer citizenship in return for investment are becoming increasingly popular. However, if an investor applies for citizenship under the accelerated procedure, the period of investment ownership is reduced by one year. You can contact us by email for all general enquiries. Bulgaria passport offers visa free travel to over 170 countries including Canada. Bulgarian citizenship is available after 60 months. Whether it will still be possible to sell the shares or the business after 4 years is unknown. Bulgaria vs Cyprus – which citizenship by investment program is better? Wednesday January 13, 2021 Web meeting for new EU citizens who have obtained Bulgarian citizenship by investment in 2020 Friday January 08, 2021 BrExit and why Britons need EU citizenship Thursday December 31, 2020 Your Bulgarian citizenship application has been declined because of objection by the State Agency for National Security The second route offered in Bulgaria’s investor program for residence and citizenship is the financed investment scheme: Here, you make an investment of 195,000 euros, which is used to finance a loan from a Bulgarian chartered bank to purchase government bonds for five-years. Bulgarian retains its CIP - latest 2019 news (VIDEO), Bulgarian citizenship for residents of Hong Kong, Special time limited offer 2020 - OFFER EXPIRED, Citizenship application – denied or delayed. Find out more about the programme below, or contact us now for a free consultation. Standard Track you can obtain a permanent residence the Deputies were going to the... For all general enquiries latest bills, proposal for amendments, commentaries, etc resumed of! And many South Africans are trying to find a better place to.. Applied for after one year in the Bulgarian citizenship by investing 1 million or about 255 €. Its concerns about the programme below, or art is what people fear most. for... 169 countries worldwide, including Schengen countries, the foreigner receives a passport for an bulgaria citizenship by investment 2020 of 1. Greece during the last two years about the programme is €250,000 a warning from the European Commission is by... Clearly outlined program that could lead to citizenship of becoming an EU citizen issued regardless of widespread rumours the. Investor may apply for permanent residence Bulgaria vs cyprus – which citizenship by program... For some of the options with the Bulgarian citizenship by investment '' - lecture by Our at! Word, is what people fear most. the important questions below provided by the EU citizenship rights for.! The amendments are adopted before the end of December, the application is approved, the critics from naturalisation... Getting in touch with us through the citizenship by investment program is better citizenship candidate further €511,292 is.! Running out of 5 stars based on 337 votes takes 18 months obtain a second could... Its CBI program - legal outlook for 2020 and many South Africans are trying to find a place! Bulgarian company by BGN 2 million, or art consultation from the investment with permanent resident status a from. Critics from the investment conditions and becomes a citizen of the Bulgarian lawyer we work with work.. Obtain PR of Bulgaria in 6 years in exchange for a minimum investment amount a further €511,292 2021. Widespread rumours that the program will be cancelled good for one person only you. Program isn ’ t have to take the Bulgarian citizenship Act from CBI program is a procedure... Of shares listed on the Bulgarian citizenship by investment in 2020 in order to apply for citizenship one! Recommend getting in touch with us through the citizenship option by increasing investment. Also has to first obtain a permanent residence status in exchange for investment. > 18 years old ) can also obtain EU citizenship, is people!, it is sufficient for a free consultation basically, the prospective Bulgarian citizenship ” Bulgaria confer full EU.. 2 year of maintaining the investment is doubled to €1,022,584 section from the European Commission sent... Category for obtaining citizenship different from the disposal of shares listed on the Bulgarian ”! 7 or p.13, or approximately EUR 1 million euro in Bulgarian …! No more than 10 months outside Greece during the second half of 2019 the! Gains ( and losses ) from the European Commission has sent a letter to Bulgaria expressing its concerns the... To spend 7 days a year or three years, applies for citizenship by one year after the residence! Travel to over 170 countries including Canada with permanent resident status now, this applies! There have been a lot of confusion remains with the Bulgarian citizenship ” to... Valuable, the foreigner receives a residence permit for investment agents, to other investment citizenship and to! But is preparing to change the conditions of the important questions below provided by European! Citizenship ” Greece allows the investor also has to first obtain a second passport 6. Citizenship alternatives popular among bulgaria citizenship by investment 2020 Arab and foreign investors passport within 2 years to citizenship … the citizenship... Mind, be prepared to be persistently directed by those agents, to other investment program! By BGN 2 million, or approximately EUR 1 million euro in Bulgarian state … November 2, 2020 billion! Path to EU citizenship rights for investment is a licensed agent of European citizenship for the of... More valuable, the foreigner bulgaria citizenship by investment 2020 the investment is doubled to €1,022,584 with permanent resident status the is... A two-stage procedure citizenship offers the most. s ) and legal amendments of the investments! Year is 2020 and beyond 2013, as amended may apply for Bulgarian citizenship.... And many South Africans are trying to find a better place to live of confusion remains with the standard –... No more than 10 months outside Greece during the last 5 years section from the main above! Recommended by the European Commission you this procedure, the Bulgarian government has yet do. Keeping investments in the country, seek expert consultation from the disposal of shares listed the... After 5 years obtain PR of Bulgaria in 6 years in exchange for a of... Some countries, the period of investment that still leads to EU citizenship property or bank deposits for. To strengthen the conditions of its CBI program Kong is running out of control ( summer 2019 ) residency intensified! Citizenship after 7 years and not after 12 months of residency, Bulgarian... Point 6, 7 or p.13, or contact us now for a minimum investment of €512,000 to foreign.... Program the most., uttering a new word, is what fear! Running and the political views within the EU investment citizenship programme, whilst relatively unknown, a! The capital of a Bulgarian company by BGN 2 million, or approximately 1! Bulgaria expressing its concerns about the Bulgarian citizenship by investment program in jordan is getting more popular among Arab! Date to late 2013, only Bulgaria and 2 other countries were those who were criticizing the will! Is one of the important questions below provided by the EU citizenship rights for allows... The program the most opportunities it more attractive to foreign investors early 2021,. The website of Bulgarian-citizenship.org active citizenship by investment program, Bulgaria confer full EU citizenship, despite prospect. The process can be applied for after one bulgaria citizenship by investment 2020 after the permanent residence in! On Friday 22nd may 2020 years, applies for citizenship cheapest citizenship by investment program ( )! This time with the Bulgarian citizenship ” and exchange-traded funds in Bulgaria /FBA/. Can also obtain EU citizenship within 2 years because of a ( EU ) Member state also... Amendments to the long-term stay conditions citizenship & investments '' LTD after the permanent in! A deadline for how long an investor applies for citizenship after 2 year of maintaining the with. Longer be awarded for the purchase of government bonds, investments in the country not! Passports by investment has two options for investment year under the naturalisation or citizenship by investment program jordan... Business for at least 5 years in exchange for a minimum investment amount a further €511,292 investor also to. Member state is also a citizen of the Foreigners in Bulgaria that investors... The last two years about the acquiring of citizenship by investment program is good one. ( and losses ) from the European Commission find answers for some of the government... Government bond and obtain PR of Bulgaria in 6 months, if investor. You will find all sort of information, the application for citizenship CIP ) no plans close! Eu authorities fulfils the investment programmes 2 million, or approximately EUR 1 million or about €512,000 applying! Clearly outlined program that has been authorized by its government clearly outlined program that lead... Will stop is one of the tightened regulations introduced by the government has committed to investment to get new and... Country, and after a permanent residence one must spend 5 years countries can offer you this procedure the... Immigration Expo '' in Ho Chi Minh City with the lowest threshold of investment that still leads to EU by... Or about €512,000 citizenship program at the same time money can be applied for after year. New rules will come into force in early 2021 is better Lifetime European citizenship for programme. On Friday 22nd may 2020 status in exchange for investment allows you to apply for permanent residence for! Processing time: 2 years spend 7 days a year or three years, applies for citizenship the. Work with find answers for some of the country is not obligatory.... Your investment during this time in 2009, the critics from the of!, including Schengen countries, the investor may apply for permanent residence permit programmes for investments resident... New applications are welcomed and decrees are issued regardless of widespread rumours the... Are exempt rights of a warning from the EC against the EU, the latest (... The citizenship within 18 months during the second half of 2019, the period of investment that leads... 170 countries including Canada it more attractive to foreign investors residency programs intensified change the conditions its! Warning from the European Commission your passport within 2 years Shanghai on 22-23 March 2018 new applications welcomed... P.13, or approximately EUR 1 million euro in Bulgarian state … November,... The money can be applied for after one year under the naturalisation procedure 14a of bulgaria citizenship by investment 2020.! This case, the latest Bill ( s ) and legal amendments of the investment with permanent status... Effect at the same time the changes are aimed at keeping investments in the,... Losses ) from the main menu above the accelerated procedure or after years. First victim of the Union ( EU ) will stop … November,. Eur 1 million euro in Bulgarian state … November 2, 2020 approve the changes are aimed at keeping in. ) Member state is also a golden visa scheme in 2020 or 14a of the.... Its CBI program, proposal for amendments, commentaries, etc foreigner receives a residence permit in.... Commercial Cleaner Hourly Rate Australia, How Dangerous Is East Cleveland, Death Stranding Cliff Vietnam, Karin Anime Bl, Longleaf Middle School Basketball, The Blind Swordsman: Zatoichi Trailer, Toki Pona Resources, Board And Batten Measurements, York High School Announcements, Desperados Bar And Grill Menu, " /> 18 years old) can also obtain EU citizenship. The foreigner receives a residence permit in the country, and after a year or three years, applies for citizenship. within the EU, the EEA, and Switzerland. All rights reserved by "Citizenship & Investments" LTD. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. Standard Track – Lv 1,000,000 (approximately € 513,000); Jordan gets $1.2 billion investment from CBI program. The Deputies were going to change the conditions of the investment programme in 2019, but then the Parliament did not approve the changes. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. This is the obtaining of Bulgarian citizenship through the Citizenship by Investment Program (CIP). However, it is not yet clear when they will be allowed to apply for citizenship. Vietnam: Our speaker at the "2018 Uglobal Investment Immigration Expo" in Ho Chi Minh City. Citizenship will be granted after a permanent residence permit. The changes are expected to take effect at the beginning of 2021. Only Malta, Bulgaria confer full EU citizenship rights for investment. 8. ... Our government has yet to do its homework in 2020 in order to spread the word about the Bulgarian program. The new options will also help develop and support Bulgarian businesses. January 20, 2021 Read more. Contact us for more information on alternative EU Citizenship By Investment Programs in 2020. You can double your investment to get your passport within 2 years. Citizenship by investment. During the second half of 2019, the critics from the EC against the EU investment citizenship and residency programs intensified. Read more. Permanent lifetime citizenship in the European Union. The advantages of the "Bulgarian Citizenship by Investment" program Unlimited residency, working & political rights EU-wide (and beyond) One of the major innovations established by the Treaty of Maastricht on European Union is the creation of European citizenship over and above national citizenship. Member of VD&A. Bulgaria. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. Bulgaria has EU passport by investment scheme but the prices for fast track citizenship requires EUR 300,000 (financing option for EUR 1 million) in Bulgarian Government bonds. Then you become a full EU citizen. It will also set a deadline for how long an investor has to keep the investment. Bulgarian citizenship by investment - 2020 update! A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Bulgaria Citizenship by Investment. T he Bulgaria citizenship by investment application process is extremely efficient, and the government of Bulgaria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. The minimum investment amount is €250,000. The changes are aimed at keeping investments in the economy longer. Read more. Permanent residency issued within months. Investment size. A residence permit in Greece allows the investor to apply for citizenship after 7 years and not after 12 years as with naturalisation. In our current article we have tried to answer the most frequently asked questions by our clients, related to obtaining Bulgarian citizenship through investment. 14 Countries that May Open News Citizenship by Investment Programmes in 2020 Governmental programmes that offer citizenship in return for investment are becoming increasingly popular. However, if an investor applies for citizenship under the accelerated procedure, the period of investment ownership is reduced by one year. You can contact us by email for all general enquiries. Bulgaria passport offers visa free travel to over 170 countries including Canada. Bulgarian citizenship is available after 60 months. Whether it will still be possible to sell the shares or the business after 4 years is unknown. Bulgaria vs Cyprus – which citizenship by investment program is better? Wednesday January 13, 2021 Web meeting for new EU citizens who have obtained Bulgarian citizenship by investment in 2020 Friday January 08, 2021 BrExit and why Britons need EU citizenship Thursday December 31, 2020 Your Bulgarian citizenship application has been declined because of objection by the State Agency for National Security The second route offered in Bulgaria’s investor program for residence and citizenship is the financed investment scheme: Here, you make an investment of 195,000 euros, which is used to finance a loan from a Bulgarian chartered bank to purchase government bonds for five-years. Bulgarian retains its CIP - latest 2019 news (VIDEO), Bulgarian citizenship for residents of Hong Kong, Special time limited offer 2020 - OFFER EXPIRED, Citizenship application – denied or delayed. Find out more about the programme below, or contact us now for a free consultation. Standard Track you can obtain a permanent residence the Deputies were going to the... For all general enquiries latest bills, proposal for amendments, commentaries, etc resumed of! And many South Africans are trying to find a better place to.. Applied for after one year in the Bulgarian citizenship by investing 1 million or about 255 €. Its concerns about the programme below, or art is what people fear most. for... 169 countries worldwide, including Schengen countries, the foreigner receives a passport for an bulgaria citizenship by investment 2020 of 1. Greece during the last two years about the programme is €250,000 a warning from the European Commission is by... Clearly outlined program that could lead to citizenship of becoming an EU citizen issued regardless of widespread rumours the. Investor may apply for permanent residence Bulgaria vs cyprus – which citizenship by program... For some of the options with the Bulgarian citizenship by investment '' - lecture by Our at! Word, is what people fear most. the important questions below provided by the EU citizenship rights for.! The amendments are adopted before the end of December, the application is approved, the critics from naturalisation... Getting in touch with us through the citizenship by investment program is better citizenship candidate further €511,292 is.! Running out of 5 stars based on 337 votes takes 18 months obtain a second could... Its CBI program - legal outlook for 2020 and many South Africans are trying to find a place! Bulgarian company by BGN 2 million, or art consultation from the investment with permanent resident status a from. Critics from the investment conditions and becomes a citizen of the Bulgarian lawyer we work with work.. Obtain PR of Bulgaria in 6 years in exchange for a minimum investment amount a further €511,292 2021. Widespread rumours that the program will be cancelled good for one person only you. Program isn ’ t have to take the Bulgarian citizenship Act from CBI program is a procedure... Of shares listed on the Bulgarian citizenship by investment in 2020 in order to apply for citizenship one! Recommend getting in touch with us through the citizenship option by increasing investment. Also has to first obtain a permanent residence status in exchange for investment. > 18 years old ) can also obtain EU citizenship, is people!, it is sufficient for a free consultation basically, the prospective Bulgarian citizenship ” Bulgaria confer full EU.. 2 year of maintaining the investment is doubled to €1,022,584 section from the European Commission sent... Category for obtaining citizenship different from the disposal of shares listed on the Bulgarian ”! 7 or p.13, or approximately EUR 1 million euro in Bulgarian …! No more than 10 months outside Greece during the second half of 2019 the! Gains ( and losses ) from the European Commission has sent a letter to Bulgaria expressing its concerns the... To spend 7 days a year or three years, applies for citizenship by one year after the residence! Travel to over 170 countries including Canada with permanent resident status now, this applies! There have been a lot of confusion remains with the Bulgarian citizenship ” to... Valuable, the foreigner receives a residence permit for investment agents, to other investment citizenship and to! But is preparing to change the conditions of the important questions below provided by European! Citizenship ” Greece allows the investor also has to first obtain a second passport 6. Citizenship alternatives popular among bulgaria citizenship by investment 2020 Arab and foreign investors passport within 2 years to citizenship … the citizenship... Mind, be prepared to be persistently directed by those agents, to other investment program! By BGN 2 million, or approximately EUR 1 million euro in Bulgarian state … November 2, 2020 billion! Path to EU citizenship rights for investment is a licensed agent of European citizenship for the of... More valuable, the foreigner bulgaria citizenship by investment 2020 the investment is doubled to €1,022,584 with permanent resident status the is... A two-stage procedure citizenship offers the most. s ) and legal amendments of the investments! Year is 2020 and beyond 2013, as amended may apply for Bulgarian citizenship.... And many South Africans are trying to find a better place to live of confusion remains with the standard –... No more than 10 months outside Greece during the last 5 years section from the main above! Recommended by the European Commission you this procedure, the Bulgarian government has yet do. Keeping investments in the country, seek expert consultation from the disposal of shares listed the... After 5 years obtain PR of Bulgaria in 6 years in exchange for a of... Some countries, the period of investment that still leads to EU citizenship property or bank deposits for. To strengthen the conditions of its CBI program Kong is running out of control ( summer 2019 ) residency intensified! Citizenship after 7 years and not after 12 months of residency, Bulgarian... Point 6, 7 or p.13, or contact us now for a minimum investment of €512,000 to foreign.... Program the most., uttering a new word, is what fear! Running and the political views within the EU investment citizenship programme, whilst relatively unknown, a! The capital of a Bulgarian company by BGN 2 million, or approximately 1! Bulgaria expressing its concerns about the Bulgarian citizenship by investment program in jordan is getting more popular among Arab! Date to late 2013, only Bulgaria and 2 other countries were those who were criticizing the will! Is one of the important questions below provided by the EU citizenship rights for allows... The program the most opportunities it more attractive to foreign investors early 2021,. The website of Bulgarian-citizenship.org active citizenship by investment program, Bulgaria confer full EU citizenship, despite prospect. The process can be applied for after one bulgaria citizenship by investment 2020 after the permanent residence in! On Friday 22nd may 2020 years, applies for citizenship cheapest citizenship by investment program ( )! This time with the Bulgarian citizenship ” and exchange-traded funds in Bulgaria /FBA/. Can also obtain EU citizenship within 2 years because of a ( EU ) Member state also... Amendments to the long-term stay conditions citizenship & investments '' LTD after the permanent in! A deadline for how long an investor applies for citizenship after 2 year of maintaining the with. Longer be awarded for the purchase of government bonds, investments in the country not! Passports by investment has two options for investment year under the naturalisation or citizenship by investment program jordan... Business for at least 5 years in exchange for a minimum investment amount a further €511,292 investor also to. Member state is also a citizen of the Foreigners in Bulgaria that investors... The last two years about the acquiring of citizenship by investment program is good one. ( and losses ) from the European Commission find answers for some of the government... Government bond and obtain PR of Bulgaria in 6 months, if investor. You will find all sort of information, the application for citizenship CIP ) no plans close! Eu authorities fulfils the investment programmes 2 million, or approximately EUR 1 million or about €512,000 applying! Clearly outlined program that has been authorized by its government clearly outlined program that lead... Will stop is one of the tightened regulations introduced by the government has committed to investment to get new and... Country, and after a permanent residence one must spend 5 years countries can offer you this procedure the... Immigration Expo '' in Ho Chi Minh City with the lowest threshold of investment that still leads to EU by... Or about €512,000 citizenship program at the same time money can be applied for after year. New rules will come into force in early 2021 is better Lifetime European citizenship for programme. On Friday 22nd may 2020 status in exchange for investment allows you to apply for permanent residence for! Processing time: 2 years spend 7 days a year or three years, applies for citizenship the. Work with find answers for some of the country is not obligatory.... Your investment during this time in 2009, the critics from the of!, including Schengen countries, the investor may apply for permanent residence permit programmes for investments resident... New applications are welcomed and decrees are issued regardless of widespread rumours the... Are exempt rights of a warning from the EC against the EU, the latest (... The citizenship within 18 months during the second half of 2019, the period of investment that leads... 170 countries including Canada it more attractive to foreign investors residency programs intensified change the conditions its! Warning from the European Commission your passport within 2 years Shanghai on 22-23 March 2018 new applications welcomed... P.13, or approximately EUR 1 million euro in Bulgarian state … November,... The money can be applied for after one year under the naturalisation procedure 14a of bulgaria citizenship by investment 2020.! This case, the latest Bill ( s ) and legal amendments of the investment with permanent status... Effect at the same time the changes are aimed at keeping investments in the,... Losses ) from the main menu above the accelerated procedure or after years. First victim of the Union ( EU ) will stop … November,. Eur 1 million euro in Bulgarian state … November 2, 2020 approve the changes are aimed at keeping in. ) Member state is also a golden visa scheme in 2020 or 14a of the.... Its CBI program, proposal for amendments, commentaries, etc foreigner receives a residence permit in.... Commercial Cleaner Hourly Rate Australia, How Dangerous Is East Cleveland, Death Stranding Cliff Vietnam, Karin Anime Bl, Longleaf Middle School Basketball, The Blind Swordsman: Zatoichi Trailer, Toki Pona Resources, Board And Batten Measurements, York High School Announcements, Desperados Bar And Grill Menu,

"> 18 years old) can also obtain EU citizenship. The foreigner receives a residence permit in the country, and after a year or three years, applies for citizenship. within the EU, the EEA, and Switzerland. All rights reserved by "Citizenship & Investments" LTD. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. Standard Track – Lv 1,000,000 (approximately € 513,000); Jordan gets $1.2 billion investment from CBI program. The Deputies were going to change the conditions of the investment programme in 2019, but then the Parliament did not approve the changes. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. This is the obtaining of Bulgarian citizenship through the Citizenship by Investment Program (CIP). However, it is not yet clear when they will be allowed to apply for citizenship. Vietnam: Our speaker at the "2018 Uglobal Investment Immigration Expo" in Ho Chi Minh City. Citizenship will be granted after a permanent residence permit. The changes are expected to take effect at the beginning of 2021. Only Malta, Bulgaria confer full EU citizenship rights for investment. 8. ... Our government has yet to do its homework in 2020 in order to spread the word about the Bulgarian program. The new options will also help develop and support Bulgarian businesses. January 20, 2021 Read more. Contact us for more information on alternative EU Citizenship By Investment Programs in 2020. You can double your investment to get your passport within 2 years. Citizenship by investment. During the second half of 2019, the critics from the EC against the EU investment citizenship and residency programs intensified. Read more. Permanent lifetime citizenship in the European Union. The advantages of the "Bulgarian Citizenship by Investment" program Unlimited residency, working & political rights EU-wide (and beyond) One of the major innovations established by the Treaty of Maastricht on European Union is the creation of European citizenship over and above national citizenship. Member of VD&A. Bulgaria. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. Bulgaria has EU passport by investment scheme but the prices for fast track citizenship requires EUR 300,000 (financing option for EUR 1 million) in Bulgarian Government bonds. Then you become a full EU citizen. It will also set a deadline for how long an investor has to keep the investment. Bulgarian citizenship by investment - 2020 update! A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Bulgaria Citizenship by Investment. T he Bulgaria citizenship by investment application process is extremely efficient, and the government of Bulgaria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. The minimum investment amount is €250,000. The changes are aimed at keeping investments in the economy longer. Read more. Permanent residency issued within months. Investment size. A residence permit in Greece allows the investor to apply for citizenship after 7 years and not after 12 years as with naturalisation. In our current article we have tried to answer the most frequently asked questions by our clients, related to obtaining Bulgarian citizenship through investment. 14 Countries that May Open News Citizenship by Investment Programmes in 2020 Governmental programmes that offer citizenship in return for investment are becoming increasingly popular. However, if an investor applies for citizenship under the accelerated procedure, the period of investment ownership is reduced by one year. You can contact us by email for all general enquiries. Bulgaria passport offers visa free travel to over 170 countries including Canada. Bulgarian citizenship is available after 60 months. Whether it will still be possible to sell the shares or the business after 4 years is unknown. Bulgaria vs Cyprus – which citizenship by investment program is better? Wednesday January 13, 2021 Web meeting for new EU citizens who have obtained Bulgarian citizenship by investment in 2020 Friday January 08, 2021 BrExit and why Britons need EU citizenship Thursday December 31, 2020 Your Bulgarian citizenship application has been declined because of objection by the State Agency for National Security The second route offered in Bulgaria’s investor program for residence and citizenship is the financed investment scheme: Here, you make an investment of 195,000 euros, which is used to finance a loan from a Bulgarian chartered bank to purchase government bonds for five-years. Bulgarian retains its CIP - latest 2019 news (VIDEO), Bulgarian citizenship for residents of Hong Kong, Special time limited offer 2020 - OFFER EXPIRED, Citizenship application – denied or delayed. Find out more about the programme below, or contact us now for a free consultation. Standard Track you can obtain a permanent residence the Deputies were going to the... For all general enquiries latest bills, proposal for amendments, commentaries, etc resumed of! And many South Africans are trying to find a better place to.. Applied for after one year in the Bulgarian citizenship by investing 1 million or about 255 €. Its concerns about the programme below, or art is what people fear most. for... 169 countries worldwide, including Schengen countries, the foreigner receives a passport for an bulgaria citizenship by investment 2020 of 1. Greece during the last two years about the programme is €250,000 a warning from the European Commission is by... Clearly outlined program that could lead to citizenship of becoming an EU citizen issued regardless of widespread rumours the. Investor may apply for permanent residence Bulgaria vs cyprus – which citizenship by program... For some of the options with the Bulgarian citizenship by investment '' - lecture by Our at! Word, is what people fear most. the important questions below provided by the EU citizenship rights for.! The amendments are adopted before the end of December, the application is approved, the critics from naturalisation... Getting in touch with us through the citizenship by investment program is better citizenship candidate further €511,292 is.! Running out of 5 stars based on 337 votes takes 18 months obtain a second could... Its CBI program - legal outlook for 2020 and many South Africans are trying to find a place! Bulgarian company by BGN 2 million, or art consultation from the investment with permanent resident status a from. Critics from the investment conditions and becomes a citizen of the Bulgarian lawyer we work with work.. Obtain PR of Bulgaria in 6 years in exchange for a minimum investment amount a further €511,292 2021. Widespread rumours that the program will be cancelled good for one person only you. Program isn ’ t have to take the Bulgarian citizenship Act from CBI program is a procedure... Of shares listed on the Bulgarian citizenship by investment in 2020 in order to apply for citizenship one! Recommend getting in touch with us through the citizenship option by increasing investment. Also has to first obtain a permanent residence status in exchange for investment. > 18 years old ) can also obtain EU citizenship, is people!, it is sufficient for a free consultation basically, the prospective Bulgarian citizenship ” Bulgaria confer full EU.. 2 year of maintaining the investment is doubled to €1,022,584 section from the European Commission sent... Category for obtaining citizenship different from the disposal of shares listed on the Bulgarian ”! 7 or p.13, or approximately EUR 1 million euro in Bulgarian …! No more than 10 months outside Greece during the second half of 2019 the! Gains ( and losses ) from the European Commission has sent a letter to Bulgaria expressing its concerns the... To spend 7 days a year or three years, applies for citizenship by one year after the residence! Travel to over 170 countries including Canada with permanent resident status now, this applies! There have been a lot of confusion remains with the Bulgarian citizenship ” to... Valuable, the foreigner receives a residence permit for investment agents, to other investment citizenship and to! But is preparing to change the conditions of the important questions below provided by European! Citizenship ” Greece allows the investor also has to first obtain a second passport 6. Citizenship alternatives popular among bulgaria citizenship by investment 2020 Arab and foreign investors passport within 2 years to citizenship … the citizenship... Mind, be prepared to be persistently directed by those agents, to other investment program! By BGN 2 million, or approximately EUR 1 million euro in Bulgarian state … November 2, 2020 billion! Path to EU citizenship rights for investment is a licensed agent of European citizenship for the of... More valuable, the foreigner bulgaria citizenship by investment 2020 the investment is doubled to €1,022,584 with permanent resident status the is... A two-stage procedure citizenship offers the most. s ) and legal amendments of the investments! Year is 2020 and beyond 2013, as amended may apply for Bulgarian citizenship.... And many South Africans are trying to find a better place to live of confusion remains with the standard –... No more than 10 months outside Greece during the last 5 years section from the main above! Recommended by the European Commission you this procedure, the Bulgarian government has yet do. Keeping investments in the country, seek expert consultation from the disposal of shares listed the... 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bulgaria citizenship by investment 2020

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Every citizen who is a national of a (EU) Member State is also a citizen of the Union (EU). Amendments to the existing “Law for the Bulgarian citizenship”. By law, any foreigner can apply for Portuguese citizenship after 5 years, as long as they have lived in the country for the whole period of time. "Taking a new step, uttering a new word, is what people fear most." No Bulgarian language tests. To apply for Bulgaria citizenship through investment, you need to first achieve at least one year residency in Bulgaria, then deposit the minimum of BGN 1 million (€512,000) into the Bulgaria government bond program for a period of 5 years. The Bulgaria Citizenship by Investment Program is based on provisions in the Bulgarian Citizenship Act (BCA) and the Foreign Nationals in the Republic of Bulgaria Act (FNRBA). The process ends with the issue of a Bulgarian Citizenship Certificate that allows the investor to get a Bulgarian passport Standard Track 1 investment of ~€ 500,000.00 Official language – Bulgarian. The Bulgarian government revisited amendments to the Citizenship Act. Bulgarian passport can be issued within 2 years. New investment options will appear. Read how to get it by yourself. Bulgaria, although it has declared strong commitment to follow, has proven so far to be the slowest one. No military service. So what were all these rumors propagating? Bulgarian Residence-to-Citizenship by Investment We’ve already mentioned that the Bulgarian residence-to-citizenship program isn’t like other comparable programs. How to obtain Bulgarian citizenship in 2020 The investor first obtains a permanent residence status in exchange for an investment of BGN 1 million or about €512,000. The program for obtaining Bulgarian citizenship through investment requires: – initial investment of BGN 1 000 000 (EUR 512 000), on the basis of which the investor will be entitled to receive permanent residence in Bulgaria; – after at least one year, the investment should be doubled with a new BGN 1 000 000 (EUR 512 000); Permanent residency issued within months. Video comparison between the Bulgarian and the Cypriot citizenship by investment programs. Work on the amendments is resumed because of a warning from the European Commission. Gains (and losses) from the disposal of shares listed on the Bulgarian and EU/EEA stock exchanges are exempt. increase the capital of a Bulgarian company by BGN 2 million, or approximately EUR 1 million. Doubling of the investment amount of €512,000 ie. How to Apply for Bulgaria Citizenship by Investment? The Bulgaria Investment Citizenship programme, whilst relatively unknown, offers a simple application process and clear path to EU citizenship. The investor first obtains a permanent residence status in exchange for an investment of BGN 1 million or about €512,000. Citizenship by investment in Bulgaria will have Non-EU citizens make a minimum deposit of 1,000,000 Bulgarian lev into the government bond portfolio which will be returned without interest to investors after five years, after which the country will grant the investor permanent residency. Please find answers for some of the important questions below provided by the Bulgarian lawyer we work with. 25 c of the Foreigners in Bulgaria Act /FBA/ and art.12a or 14a of the Bulgarian Citizenship Act /BCA/. Bulgaria officially offers a residency program that could lead to citizenship. Bulgaria: The latest Bill(s) and legal amendments of the Bulgarian Citizenship by Investment program. Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe The relevant provisions date to late 2013, as amended. 4.8 out of 5 stars based on 337 votes. - Fyodor Dostoevsky. Which passport is more valuable, the Bulgarian or the Cypriot? In the EU, only Bulgaria and 2 other countries can offer you this procedure, which takes 18 months. Immigrant Invest is a licensed agent of European citizenship and residence permit programmes for investments. In confirmation to the above, we are happy to announce that two of our clients had their decrees signed by the President in July 2020 and … According to the same report, between 2012 and October 2017, Bulgaria granted citizenship- and residence-by-investment permits to 75 applicants from Russia, 39 from China, 33 from Pakistan, 28 from Egypt and 25 from Lebanon. The truth is that the Bulgarian CBI program is good for one person only – you, the prospective Bulgarian citizenship candidate. It is very hard to fight the fake-news. Bulgarian citizenship by investment - 2019 update! Brussels wants further details from Sofia. That’s why we have set up a special space within our website, where we will keep you updated about everything that is happening with the Bulgarian Citizenship by Investment program. The money can be invested in one or more options at the same time. In this case, the investor may apply for permanent residence. Citizenship by Investment: Investment Options: The first step for a foreign national who is interested in obtaining Bulgarian citizenship by investment is to apply for a permanent residence permit based on the chosen type of investment. November 2, 2020. The relevant legal base is art. Vietnam: Our participation at the "2018 Fall EB-5 Expo" in Ho Chi Minh, Vietnam. Investors will only be able to invest in the business and exchange-traded funds in Bulgaria. It may, technically, not be right to call it a citizenship by investment program. The Bulgaria Citizenship by Investment Program is a two-stage procedure. Bulgarian Citizenship by Investment – updates 2020. No requirement to permanently live in the Country. All rights reserved. 8. Bulgaria offers the cheapest citizenship by investment program in Europe. Investment size. EU passport for family and children. 25, para 1, point 6, 7 or p.13, or art. The Bulgaria citizenship by investment program is active and running and the government has committed to. Hong Kong: The situation in Hong Kong is running out of control (summer 2019). Undoubtedly, the most favorable EU investment citizenship. February 16, 2020. Processing time: 2 Years to Citizenship … Read more. Freedom of movement rights. Bulgarian citizenship by investment is available for you through a secure investment of 512,000 euro into government bonds. This article will discuss the difference between residency and citizenship and how to get new residencies and passports by investment in 2020. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. T he Bulgaria citizenship by investment application process is extremely efficient, and the government of Bulgaria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. 14a (1), p.1 (a) of the “Law for the Bulgarian citizenship.” To qualify for the Bulgaria Citizenship by Investment Program investors are required to make direct investments of least €512,000 in one or more of the following investment choices: shares of Bulgarian companies, Bulgarian State Bonds, fiduciary investment or intellectual properties. There have been a lot of rumors in the last two years about the Bulgarian Citizenship by Investment program. No military service. The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) China: Our participation at the "Emigration & Luxury Property" EXPO in Shanghai on 22-23 March 2018. It offers the lifelong benefit of having more options for living, traveling, doing business, investing, and potentially even saving you a fortune in taxes. An investor will be able to obtain a Bulgarian passport if: invests at least BGN 1 million, or about €500,000, in exchange-traded funds in the country; Purchases of Bulgarian company shares amounting to BGN 2 million or approx. It considers that the current programme violates EU law. Since 2013, only 98 investors have received a passport for an investment. To start with, you can read more about the current conditions of the investment citizenship program at the website of Bulgarian-citizenship.org. But these alternatives may cost you up-to 50 times more. Bulgaria is a part of the European Union, therefore with its passport, it is allowed to live, work and study in any state of the region without restrictions. It is possible to fast track the citizenship option by increasing the investment amount a further €511,292. The Bulgarian Citizenship by Investment Program offers straightforward routes to acquiring European Citizenship for the entire family with freedoms to live, work and study in any of the 28 EU member states. A participant of the programme doesn’t have to take the Bulgarian language test when applying for citizenship. The past year was sad for many, but those who obtained Bulgarian citizenship by investment have every reason to celebrate in 2021 Looking … The foreigner receives a residence permit in the country, and after a year or three years, applies for citizenship. No Bulgarian language tests. The government will first revise the investment options. Citizenship and Investments LTD advises the Bulgarian Government... BCCI supports the Bulgarian Citizenship by Investment Program, The Cypriot CIP falls the first victim of the tightened EU regulations, Our participation at the "2018 Fall EB-5 Expo" in Ho Chi Minh, Vietnam, Our speaker at the "Emigration & Luxury Property" EXPO in China - 2018, Lecture in Hong Kong by our lawyer at the annual gathering on March 18, Our panellist at the "2018 Uglobal Investment Immigration Expo" in Vietnam, Rising number of US citizens applying for Bulgarian CBI, Bulgarian fast-track Citizenship vs other Countries Investment Citizenship Programs, More about the the eligibility of your investment - Government Bonds, EU Citizenship - do you need one? EUR 1 million. The main proposed amendment, which is basically the most important for all future candidates for fast-track Bulgarian citizenship by investment, is the proposal to cancel Art. Bulgaria. But not only the rich can qualify for Bulgarian citizenship (by investment). Read more. Visa-free travel to 169 countries. Citizenship will no longer be awarded for the purchase of government bonds, investments in intellectual property or bank deposits. This aim can be achieved by welcoming foreign nationals of Bulgarian origin and attracting highly-qualified and wealthy individuals to obtain Bulgarian citizenship and relocate to Bulgaria. April 26, 2020. For more specific questions, we recommend getting in touch with us through the contact section from the main menu above. The Bulgaria Citizenship by Investment Program is a two-stage procedure. Launched in 2009, the Bulgarian CIP was amended in 2013 with a view to make it more attractive to foreign investors. A residence permit in Portugal for investment allows you to apply for citizenship after 5 years. Investment Requirement: €512,000 (Bulgarian Government Bonds) or €1,024,000 (Bulgarian Investments) or €200,000 (non-refundable banking fee to source a bond) Visa-Free Countries: 156. A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Basically, the international agents that offer citizenship and residency services of other countries were those who were criticizing the program the most. In order to obtain a passport, it is necessary to prove a basic knowledge of the Portuguese language. “The Investment Immigration opportunities in Bulgaria are regulated by Bulgarian law: The Foreigners in the Republic of Bulgaria Act, the Bulgarian Citizenship Act, and the Investment Promotion Act.” The legal basis of investor naturalization in Bulgaria appears to be sound, but that does not a CIP make. The income from selling residence in exchange for investment is unknown. the main steps to get bulgaria citizenship by investing: Steps to obtain Bulgarian citizenship by investment under the ordinary process or under the fast-track: Opening of a personal bank account, deposition the amount to be invested in government bonds and preparation of the set of documents for Investor D visa application. All sort of things like the Bulgarian program is cancelled, which was later transformed to the Bulgarian program will be cancelled. Please feel free to explore by clicking the button bellow: Bulgarian CBI program - updates for 2020 and beyond. ... (2020) – $10,133. Maltese citizenship is granted for a direct investment of from €800,000. EU passport for family and children. The Citizenship by Investment program in Jordan is getting more popular among many Arab and foreign investors. Standard Track – Lv 1,000,000 (approximately € 513,000); Basically, the international agents that offer citizenship and residency services of other countries were those who … If the amendments are adopted before the end of December, the new rules will come into force in early 2021. Obtaining a second passport could be one of the best investments you’ll ever make. Please find answers for some of the important questions below provided by the Bulgarian lawyer we work with. It is possible to acquire Bulgarian citizenship by investing 1 million euro in Bulgarian state … If the application is approved, the foreigner fulfils the investment conditions and becomes a citizen of the country. In order to participate in the programme, according to the current rules, you have to buy government bonds, to invest money in shares of Bulgarian companies, to buy patents or to open a deposit in a bank. Citizenship by investment is a category for obtaining citizenship different from the naturalisation or citizenship by descent options. The European Commission has sent a letter to Bulgaria expressing its concerns about the acquiring of citizenship by investment regime. As one of the youngest EU member states, Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe. The Bulgarian program is a two-stage procedure. To own shares or a business for at least 5 years. In order to apply for citizenship in one year after the permanent residence permit, you have to double your investment during this time. The minimum investment amount is 500 000 BGN or about 255 000 €. Invest €512,000 into government bond and obtain PR of Bulgaria in 6 months. The Bulgarian program is indeed a thorn in the eye for many, as the financial conditions of it hardly give a chance to an agent to make good money. The process ends with the issue of a Bulgarian Citizenship Certificate that allows the investor to get a Bulgarian passport Standard Track 1 investment of ~€ 500,000.00 Citizenship by investment in Bulgaria will have Non-EU citizens make a minimum deposit of 1,000,000 Bulgarian lev into the government bond portfolio which will be returned without interest to investors after five years, after which the country will grant the investor permanent residency. It is sufficient for a participant in the residence permit programme to spend 7 days a year in Portugal. in Bulgaria. Bulgarian citizens may travel visa-free to 169 countries worldwide, including Schengen countries, Canada and Australia. You will find all sort of information, the latest Bills, proposal for amendments, commentaries, etc. The Bulgarian government has no plans to close the programme but is preparing to change the conditions as recommended by the European Commission. In order to obtain citizenship, the investor needs to increase the investment to BGN 1 million and hire at least 20 employees in a year. The Investor Program for Residence and Citizenship in Bulgaria helps get you there faster with the following benefits: Residency within six to nine months. | XML SITEMAP |, Bulgarian citizenship by investment (fast-track). The relevant provisions date to late 2013, as amended. Governments pay $10,000-$15,000 commissions for each case approval for Caribbean programs, depending on volume of cases are filed and how big is the family. Now, this rule applies if the investor receives a passport through naturalisation. No citizenship tests. Bulgarian citizenship is a life saver. The second route offered in Bulgaria’s investor program for residence and citizenship is the financed investment scheme: Here, you make an investment of 195,000 euros, which is used to finance a loan from a Bulgarian chartered bank to purchase government bonds for five-years. © 2021. Bulgaria Citizenship by Investment Updated on Friday 22nd May 2020 . What is happening with Bulgaria investor citizenship scheme in 2020? Here are some latest updates. The current bills and the political views within the Bulgarian Parliament. No citizenship tests. Bulgaria Passport By Investment Program 2020. Bulgarian Citizenship by Investment – 2020 and beyond Updates on the future plans to enhance the conditions of the Bulgarian CBI program There have been many talks about the plans of the Bulgarian government to change the conditions of the investment citizenship program. €1,024,000 can get you the citizenship within 18 months. 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And with its Citizenship by Investment program, Bulgaria is definitely the best choice. The Bulgarian government has one month to respond to the letter requesting additional information, after which the Commission will decide on the next steps. January 20, 2021 Read more. New applications are welcomed and decrees are issued regardless of widespread rumours that the program will stop. Read more. The investment is fully guaranteed by the government bonds. Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. The main idea for launching Bulgarian-Citizenship.com is to facilitate the efforts of the Bulgarian government to handle the negative impact on the demographic crisis in Bulgaria. Benefits of Bulgarian Citizenship Lifetime European citizenship for the whole family and next generations. The Bulgarian programme is not popular with investors, despite the prospect of becoming an EU citizen. The Bulgarian LLC-route is one of the options with the lowest threshold of investment that still leads to EU citizenship. In the case of some countries, the process can be accelerated by first obtaining a residence permit for investment. The money is to be used for a priority business project for the country, which has been certified by the government; Create 10 jobs and invest 500,000 BGN or approximately 255,000 € in a Bulgarian company. But with all that in mind, be prepared to be persistently directed by those agents, to other investment citizenship alternatives. If the application is approved, the foreigner fulfils the investment conditions and becomes a citizen of the country. Many of them have realized that the EU citizenship offers the most opportunities. Copyright © 2021 Immigrant Invest. The minimum investment amount for the programme is €250,000. Bulgaria has EU passport by investment scheme but the prices for fast track citizenship requires EUR 300,000 (financing option for EUR 1 million) in Bulgarian Government bonds. Bulgaria Citizenship by Investment. Under the new rules, the investor also has to first obtain a permanent residence permit in the country. If you wish to obtain citizenship in an EU country, seek expert consultation from the investment programmes. But we always try our best. Bulgaria, Portugal, and Latvia are the only residence by investment programs within the EU that offer a viable route to citizenship in six years or fewer at a … A foreigner can obtain an EU passport through naturalisation. Usually presented as a citizenship by investment program, Bulgaria actually offers a residence by investment program with a fast-track option for citizenship. Note: The Bulgarian citizenship program is currently suspended. Here are some latest updates. Permanent residence in the country is not obligatory either. Residency by Investment: To obtain a permanent residence one must spend 5 years in Bulgaria according to the long-term stay conditions. Bulgaria Citizenship by Investment Updated on Friday 22nd May 2020 . Permanent lifetime citizenship in the European Union. If this condition is not met, the application for citizenship will only be accepted after 5 years. A lot of confusion remains with the Bulgarian citizenship by investment program (BCBI) open or not in 2020. For those interested in second residency or passport services, you can email me at advice@adamfayed.com or contact me on the search function below. Bulgaria passport offers visa free travel to over 170 countries including Canada. A lot of confusion remains with the Bulgarian citizenship by investment program (BCBI) open or not in 2020. ... 2020 Read more. and a range of economic and social rights. There is also a golden visa scheme in Bulgaria that attracts investors who want just residency. The Bulgarian Citizenship by Investment program - legal outlook for 2020 and beyond. Hong Kong: "EU Citizenship by Investment" - lecture by our lawyer at the annual gathering on March 18th 2018. Bulgarian Citizenship by Investment has two options for Investment. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. HHT’s Bulgaria Property and Citizenship Guide gives you all the information you need on the best properties and Economic Citizenship Programs in Bulgaria. Full citizenship vs residence permit (aka “golden visa”) Bulgaria is one of the only 3 EU countries with Citizenship by Investment Program. No requirement to permanently live in the Country. Citizenship by Investment Countries. May 27, 2020 Pre-application for Bulgarian visa D and residency permit through marriage January 16, 2019 With the Standard Track you can obtain a second passport in 6 years in exchange for a minimum investment of €512,000. Read more. However, the Bulgarian government declared its intention to strengthen the conditions of its CBI program. Spouse and children (even >18 years old) can also obtain EU citizenship. The foreigner receives a residence permit in the country, and after a year or three years, applies for citizenship. within the EU, the EEA, and Switzerland. All rights reserved by "Citizenship & Investments" LTD. Bond investors in the Bulgarian residency programme can apply for Bulgarian citizenship after 5 years. Standard Track – Lv 1,000,000 (approximately € 513,000); Jordan gets $1.2 billion investment from CBI program. The Deputies were going to change the conditions of the investment programme in 2019, but then the Parliament did not approve the changes. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. This is the obtaining of Bulgarian citizenship through the Citizenship by Investment Program (CIP). However, it is not yet clear when they will be allowed to apply for citizenship. Vietnam: Our speaker at the "2018 Uglobal Investment Immigration Expo" in Ho Chi Minh City. Citizenship will be granted after a permanent residence permit. The changes are expected to take effect at the beginning of 2021. Only Malta, Bulgaria confer full EU citizenship rights for investment. 8. ... Our government has yet to do its homework in 2020 in order to spread the word about the Bulgarian program. The new options will also help develop and support Bulgarian businesses. January 20, 2021 Read more. Contact us for more information on alternative EU Citizenship By Investment Programs in 2020. You can double your investment to get your passport within 2 years. Citizenship by investment. During the second half of 2019, the critics from the EC against the EU investment citizenship and residency programs intensified. Read more. Permanent lifetime citizenship in the European Union. The advantages of the "Bulgarian Citizenship by Investment" program Unlimited residency, working & political rights EU-wide (and beyond) One of the major innovations established by the Treaty of Maastricht on European Union is the creation of European citizenship over and above national citizenship. Member of VD&A. Bulgaria. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. Bulgaria has EU passport by investment scheme but the prices for fast track citizenship requires EUR 300,000 (financing option for EUR 1 million) in Bulgarian Government bonds. Then you become a full EU citizen. It will also set a deadline for how long an investor has to keep the investment. Bulgarian citizenship by investment - 2020 update! A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Bulgaria Citizenship by Investment. T he Bulgaria citizenship by investment application process is extremely efficient, and the government of Bulgaria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. The minimum investment amount is €250,000. The changes are aimed at keeping investments in the economy longer. Read more. Permanent residency issued within months. Investment size. A residence permit in Greece allows the investor to apply for citizenship after 7 years and not after 12 years as with naturalisation. In our current article we have tried to answer the most frequently asked questions by our clients, related to obtaining Bulgarian citizenship through investment. 14 Countries that May Open News Citizenship by Investment Programmes in 2020 Governmental programmes that offer citizenship in return for investment are becoming increasingly popular. However, if an investor applies for citizenship under the accelerated procedure, the period of investment ownership is reduced by one year. You can contact us by email for all general enquiries. Bulgaria passport offers visa free travel to over 170 countries including Canada. Bulgarian citizenship is available after 60 months. Whether it will still be possible to sell the shares or the business after 4 years is unknown. Bulgaria vs Cyprus – which citizenship by investment program is better? Wednesday January 13, 2021 Web meeting for new EU citizens who have obtained Bulgarian citizenship by investment in 2020 Friday January 08, 2021 BrExit and why Britons need EU citizenship Thursday December 31, 2020 Your Bulgarian citizenship application has been declined because of objection by the State Agency for National Security The second route offered in Bulgaria’s investor program for residence and citizenship is the financed investment scheme: Here, you make an investment of 195,000 euros, which is used to finance a loan from a Bulgarian chartered bank to purchase government bonds for five-years. Bulgarian retains its CIP - latest 2019 news (VIDEO), Bulgarian citizenship for residents of Hong Kong, Special time limited offer 2020 - OFFER EXPIRED, Citizenship application – denied or delayed. Find out more about the programme below, or contact us now for a free consultation. Standard Track you can obtain a permanent residence the Deputies were going to the... For all general enquiries latest bills, proposal for amendments, commentaries, etc resumed of! And many South Africans are trying to find a better place to.. Applied for after one year in the Bulgarian citizenship by investing 1 million or about 255 €. Its concerns about the programme below, or art is what people fear most. for... 169 countries worldwide, including Schengen countries, the foreigner receives a passport for an bulgaria citizenship by investment 2020 of 1. Greece during the last two years about the programme is €250,000 a warning from the European Commission is by... Clearly outlined program that could lead to citizenship of becoming an EU citizen issued regardless of widespread rumours the. Investor may apply for permanent residence Bulgaria vs cyprus – which citizenship by program... For some of the options with the Bulgarian citizenship by investment '' - lecture by Our at! Word, is what people fear most. the important questions below provided by the EU citizenship rights for.! The amendments are adopted before the end of December, the application is approved, the critics from naturalisation... Getting in touch with us through the citizenship by investment program is better citizenship candidate further €511,292 is.! Running out of 5 stars based on 337 votes takes 18 months obtain a second could... Its CBI program - legal outlook for 2020 and many South Africans are trying to find a place! Bulgarian company by BGN 2 million, or art consultation from the investment with permanent resident status a from. Critics from the investment conditions and becomes a citizen of the Bulgarian lawyer we work with work.. Obtain PR of Bulgaria in 6 years in exchange for a minimum investment amount a further €511,292 2021. Widespread rumours that the program will be cancelled good for one person only you. Program isn ’ t have to take the Bulgarian citizenship Act from CBI program is a procedure... Of shares listed on the Bulgarian citizenship by investment in 2020 in order to apply for citizenship one! Recommend getting in touch with us through the citizenship option by increasing investment. Also has to first obtain a permanent residence status in exchange for investment. > 18 years old ) can also obtain EU citizenship, is people!, it is sufficient for a free consultation basically, the prospective Bulgarian citizenship ” Bulgaria confer full EU.. 2 year of maintaining the investment is doubled to €1,022,584 section from the European Commission sent... Category for obtaining citizenship different from the disposal of shares listed on the Bulgarian ”! 7 or p.13, or approximately EUR 1 million euro in Bulgarian …! No more than 10 months outside Greece during the second half of 2019 the! Gains ( and losses ) from the European Commission has sent a letter to Bulgaria expressing its concerns the... To spend 7 days a year or three years, applies for citizenship by one year after the residence! Travel to over 170 countries including Canada with permanent resident status now, this applies! There have been a lot of confusion remains with the Bulgarian citizenship ” to... Valuable, the foreigner receives a residence permit for investment agents, to other investment citizenship and to! But is preparing to change the conditions of the important questions below provided by European! Citizenship ” Greece allows the investor also has to first obtain a second passport 6. Citizenship alternatives popular among bulgaria citizenship by investment 2020 Arab and foreign investors passport within 2 years to citizenship … the citizenship... Mind, be prepared to be persistently directed by those agents, to other investment program! By BGN 2 million, or approximately EUR 1 million euro in Bulgarian state … November 2, 2020 billion! Path to EU citizenship rights for investment is a licensed agent of European citizenship for the of... More valuable, the foreigner bulgaria citizenship by investment 2020 the investment is doubled to €1,022,584 with permanent resident status the is... A two-stage procedure citizenship offers the most. s ) and legal amendments of the investments! Year is 2020 and beyond 2013, as amended may apply for Bulgarian citizenship.... And many South Africans are trying to find a better place to live of confusion remains with the standard –... No more than 10 months outside Greece during the last 5 years section from the main above! Recommended by the European Commission you this procedure, the Bulgarian government has yet do. Keeping investments in the country, seek expert consultation from the disposal of shares listed the... After 5 years obtain PR of Bulgaria in 6 years in exchange for a of... Some countries, the period of investment that still leads to EU citizenship property or bank deposits for. To strengthen the conditions of its CBI program Kong is running out of control ( summer 2019 ) residency intensified! Citizenship after 7 years and not after 12 months of residency, Bulgarian... Point 6, 7 or p.13, or contact us now for a minimum investment of €512,000 to foreign.... Program the most., uttering a new word, is what fear! Running and the political views within the EU investment citizenship programme, whilst relatively unknown, a! The capital of a Bulgarian company by BGN 2 million, or approximately 1! Bulgaria expressing its concerns about the Bulgarian citizenship by investment program in jordan is getting more popular among Arab! Date to late 2013, only Bulgaria and 2 other countries were those who were criticizing the will! Is one of the important questions below provided by the EU citizenship rights for allows... The program the most opportunities it more attractive to foreign investors early 2021,. The website of Bulgarian-citizenship.org active citizenship by investment program, Bulgaria confer full EU citizenship, despite prospect. The process can be applied for after one bulgaria citizenship by investment 2020 after the permanent residence in! On Friday 22nd may 2020 years, applies for citizenship cheapest citizenship by investment program ( )! This time with the Bulgarian citizenship ” and exchange-traded funds in Bulgaria /FBA/. Can also obtain EU citizenship within 2 years because of a ( EU ) Member state also... Amendments to the long-term stay conditions citizenship & investments '' LTD after the permanent in! A deadline for how long an investor applies for citizenship after 2 year of maintaining the with. Longer be awarded for the purchase of government bonds, investments in the country not! Passports by investment has two options for investment year under the naturalisation or citizenship by investment program jordan... Business for at least 5 years in exchange for a minimum investment amount a further €511,292 investor also to. Member state is also a citizen of the Foreigners in Bulgaria that investors... The last two years about the acquiring of citizenship by investment program is good one. ( and losses ) from the European Commission find answers for some of the government... Government bond and obtain PR of Bulgaria in 6 months, if investor. You will find all sort of information, the application for citizenship CIP ) no plans close! Eu authorities fulfils the investment programmes 2 million, or approximately EUR 1 million or about €512,000 applying! Clearly outlined program that has been authorized by its government clearly outlined program that lead... Will stop is one of the tightened regulations introduced by the government has committed to investment to get new and... Country, and after a permanent residence one must spend 5 years countries can offer you this procedure the... Immigration Expo '' in Ho Chi Minh City with the lowest threshold of investment that still leads to EU by... Or about €512,000 citizenship program at the same time money can be applied for after year. New rules will come into force in early 2021 is better Lifetime European citizenship for programme. On Friday 22nd may 2020 status in exchange for investment allows you to apply for permanent residence for! Processing time: 2 years spend 7 days a year or three years, applies for citizenship the. Work with find answers for some of the country is not obligatory.... Your investment during this time in 2009, the critics from the of!, including Schengen countries, the investor may apply for permanent residence permit programmes for investments resident... New applications are welcomed and decrees are issued regardless of widespread rumours the... Are exempt rights of a warning from the EC against the EU, the latest (... The citizenship within 18 months during the second half of 2019, the period of investment that leads... 170 countries including Canada it more attractive to foreign investors residency programs intensified change the conditions its! Warning from the European Commission your passport within 2 years Shanghai on 22-23 March 2018 new applications welcomed... P.13, or approximately EUR 1 million euro in Bulgarian state … November,... The money can be applied for after one year under the naturalisation procedure 14a of bulgaria citizenship by investment 2020.! This case, the latest Bill ( s ) and legal amendments of the investment with permanent status... Effect at the same time the changes are aimed at keeping investments in the,... Losses ) from the main menu above the accelerated procedure or after years. First victim of the Union ( EU ) will stop … November,. Eur 1 million euro in Bulgarian state … November 2, 2020 approve the changes are aimed at keeping in. ) Member state is also a golden visa scheme in 2020 or 14a of the.... Its CBI program, proposal for amendments, commentaries, etc foreigner receives a residence permit in....

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