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bulgarian citizenship by investment fast track

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Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. It is officially known as “Fast track’ investor citizenship scheme, administered by the Investment promotion agency Bulgaria were first introduced in the Bulgarian legislation in 2005. The Bulgarian Investor visa is usually granted within 30 business days. The Bulgarian Parliament, by passing these laws (that provide the opportunity for fast track citizenship), has shown clearly that Bulgaria is willing to provide "safe harbour" to those who have proven themselves being reliable citizens. To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about Bulgarian citizenship by investment 2019. Download yours. Citizenship, Residency, and Visas in Bulgaria Fast Track Bulgarian Citizenship by Investment. The investment is fully guaranteed by the government bonds. The "fast track option" starts at … You are not required to open a private account with a Bulgarian bank or buy the government bonds from the Bulgarian Stock Exchange. Bulgaria has one of the most compelling citizenship by investment programs worldwide. A: The Bulgaria Citizenship by Investment Program provides the applicant with several investment options starting at EUR 512,000 for European citizenship and passport after five years in residency status. Applications for the fast-track program are examined under express procedure. Acquire a fast-track citizenship within 18 months and travel freely within the entire European Union. Excellent choice is the citizenship of Dominica or St. Lucia. You can have a look at Advocate Vasil Markov’s overview of the Bulgarian citizenship by investment program. Scout out opportunities for a new life for you and your family in Bulgaria. We don’t pass anything to agents or subcontractors. Citizenship applications of spouses are considered within six months. At the gateway of Europe. 13, para. Yes, you can but you will be classed as a foreign student and will need to pay additional student fees. In other words, spouses need to hold permanent residence for five years before they can apply for Bulgarian citizenship. Please contact us for the cost of financing and further details. Investing EUR 430,000 in 2 residential units in the capital Sofia can allow applicants to attain full EU citizenship in as little as 18 months. The applicant needs to visit Bulgaria to apply for permanent residence with the local Migration Office. Bulgarian citizenship for EU nationals, Bulgarian citizenship by investment for EU citizens, EU passport for EU nationals, © 2013 - 2020 Bulgarian Citizenship | All rights reserved. We may file the citizenship applications for the family members once the investor’s application is approved and Bulgarian citizenship and passport granted. There are still strict requirements that any foreign resident must follow in order to comply with the program, but compared to other European countries, Bulgaria is much faster. Under the Fast Track, the applicant must maintain the qualifying investment for two years past naturalisation. Fast Track Bulgarian citizenship and passport by Investment In exchange for a safe, state-guaranteed and fully refundable investment of 1,024,000 EUR, applicants of all nationalities can obtain Bulgarian citizenship and passport. This is absolutely possible by our financed option. AFRICA: Botswana, Comoros, Djibouti, Egypt, Gambia, Kenya, Madagascar, Mauritius, Mauritania, Mayotte, Morocco, Mozambique, Reunion, Seychelles, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Somalia, Somaliland, Burundi, Cape Verde, Guinea-Bissau, Mali, AMERICAS: Anguilla, Antigua & Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, , Cayman Islands, Columbia, Costa Rica, Curacao, Chile, Dominica, Dominican Republic, Ecuador, El Salvador, Falkland Islands, French Guiana, French West Indies, Greenland, Grenada, , Guatemala, Haiti, Honduras, Jamaica, Margarita Island, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, St Kitts & Nevis, St Lucia, St Martin, St Pierre & Miquelon, St Vincent, Trinidad & Tobago, Turks & Caicos Island, Uruguay, Venezuela, ASIA: Armenia, Bangladesh, Brunei, Cambodia, Georgia, Hong Kong, Indonesia, Iran, Israel, Japan, Jordan, Kyrgyzstan, Laos, Lebanon, Macau, Malaysia, Maldives, Mongolia, Nepal, Oman, Palestine, Philippines, Sabah, Sarawak, Singapore, Taiwan, Tajikistan, Thailand, South Korea, Timor Leste, Bahrain, Kuwait, United Arab Emirates, Iraqi Kurdistan, Kish Islands, Phú Quốc, EUROPE: Albania, Andorra, Austria, Belgium, Bosnia & Herzegovina, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Turkish Republic of Northern Cyprus, Ukraine, United Kingdom, Vatican City, OCEANIA: Cook Islands, Micronesia, Fiji, French Polynesia, Kiribati, Marshall Islands, New Caledonia, New Zealand, Niue, Palau, New Guinea, Pitcairn Islands, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu, Wallis & Futuna. We have assisted more foreign investors to obtain Bulgarian passport than any other law firm or consultancy. It is also one of the fastest programs to lead to residence. We will assist your spouse and dependents to obtain permanent residence and Bulgarian citizenship at no extra cost. Month 2 – The investor applies for an Investor D-type visa in the nearest Bulgarian embassy or general consulate. 18 of the Bulgarian Citizenship Act, children under 14 years of age, of whom only one of the parents is a Bulgarian citizen, can become Bulgarian citizens without the presence of the conditions, under Art. The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the Bulgarian Stock Exchange. The law office of Advocate Markov was recognised for the second consequent year as Citizenship Law Firm of the Year in Bulgaria by the prestigious legal guide, Global Law Experts. We will assist your family members to obtain permanent residence and Bulgarian citizenship at no extra cost. Clients can leverage their capital by choosing to finance the required investment amount through a European bank. • No obligation to relinquish current nationality; Usually, permanent residence applications are reviewed within 30 working days; Month 4 – 6 – Once the residence application is approved, the applicant will be photographed and the permanent residence card is issued within 3 business days. This site uses cookies to ensure that we give you the most relevant and refined experience. Government-approved investments and available financing options from banks. Provide documents supportin… Our success rate is much higher than the success rate of the “international agents”, who are often “lost in the translation”, before they eventually reach us. Unrestricted right to live, work and study in Europe. Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program. Unfortunately, children above 18 years old may apply for Bulgarian citizenship by origin. Family members will obtain permanent residence in 3 months. The requirements for those who opt for the regular program are as follows: Investors will need to file a citizenship application and pass medical tests in their current country of residence. If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to, overview of the Bulgarian citizenship by investment program, Art. Ranked as the best citizenship by investment program in the European Union. Potential applicants are advised to contact us for individual advice if they are considering this option. Access to high-quality health care in Bulgaria and the EU. Sooner is better than later. The citizenship candidate has to be able to prove personal net worth of at least 2 million Bulgarian Lev (equal to 1'022'584 EUR), for which amount a qualifying investment, most often Bulgarian sovereign Eurobonds, will need to be selected and purchased. 12a of the Bulgarian Citizenship Act, Bulgarian citizenship by investment for EU citizens, Bulgaria to retain its Citizenship by Investment program in 2019, Overview of Bulgarian citizenship by investment, Foreigners in the Republic of Bulgaria Act, Brokers traps to avoid when buying a real estate in Bulgaria. Month 16 –  18 – Increasing the invested amount to approximately 1,024,000 EUR by purchasing new government bonds for 511 292 EUR followed by application for a Bulgarian citizenship and passport with the Ministry of Justice. No obligation to relinquish current nationality. This step includes the preparation of the set of investor’s D-type visa application documents, and investment certificate issued from the Bulgarian Investment Agency. • Free state education to family members; BENEFITS FOR CITIZENS: Usually presented as a citizenship by investment program, Bulgaria actually offers a residence by investment program with a fast-track option for citizenship. 1 of the Citizenship Act (fluency in Bulgarian language is required). The legal & state fees can be paid by the acquired interest rate; You are not required to live and work in Bulgaria to apply for Bulgarian citizenship; You are not required to be fluent in Bulgarian as required by the general naturalization rules; You are not required to revoke your current citizenship; You might be sentenced in your home country and it will not count if you are rehabilitated; EU citizens may also apply for Bulgarian citizenship by investment if they hold a passport of a non-EU member country. Then, the family reunification process can be started. Consent by a parent who has lost his parental rights is not required. Bulgaria Immigrant Investor Program Become a full EU citizen through Bulgarian Fast track program Official EU citizenship by investment program Live, work, study, settle in any EU member states (Germany, Switzerland, France, Denmark etc..) If you have any queries regarding Bulgarian citizenship by investment, please do not hesitate to contact us. The fee to process your family members is included in our fee for the main applicant. Fast-track citizenship by marriage Traditionally, people tend to think that marrying foreign national entitled them to citizenship of their partner’s home country. According to Art. 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.However, you should know that there is no accrued interest for the investment but it’s an investment guaranteed by government bond. In accordance with the Bulgarian Citizenship Act, foreign investors who hold a permanent resident permit for at least five years are eligible to apply for Bulgarian citizenship. Possess a valid passport or another foreign travel document. The applicant has to keep the bonds for 2 years after the Bulgarian citizenship was granted. Schedule of obtaining Bulgarian citizenship by investment, The list of available investment projects can be found on the website of the. The foreign investor can invest in a certified government project (projects in tourism, industry, and local development are available), government bonds or shares of Bulgarian companies traded on the, To learn the latest amendments of the Bulgarian citizenship program you can read our ultimate guide about. An example is the Bulgarian citizenship for special merits program, where many football players got Bulgarian citizenship by playing for Bulgarian clubs. Fast-track Bulgarian Citizenship by investment If the investor doubles the investment in Year 2, he/ she will qualify under the fast track Bulgarian citizenship program and may obtain Bulgarian citizenship and passport within 18 months of making the first investment. The other two are Cyprus and Malta. Our fees are 5 to 20 times lower than the fees charged by the “international agents” from their offices in Hong Kong, London, Dubai, etc. Bulgaria is one of the few countries in the EU that has legislation that offers citizenship for foreign investors. Under these programs, a foreigner can become a citizen of the European Union in less than 3 years. The Quebec Investor Visa Program offers permanent residency to investors who make a one-time payment of CAN$1.2* million, leave it in place for 5 years, and then get it back after the required duration has elapsed, without accrued interest. Unfortunately, spouses can obtain Bulgarian citizenship after holding permanent residence for five years according to Art. EUR 512,000 or $600,564 USD). Provide documents supporting the source and origin of invested funds. Unfortunately, the repo deals are not the right way of financing. For the most part, applicants are only interested in the fast-track to a European passport, so we’d understand if you mistook it for a regular CBI program. This could lead to your citizenship application being refused. The Bulgarian fast-track Citizenship by Investment program was until recently utilized mainly by citizens of countries with poor visa-free travel conveniences, such as Russia, China, India, many countries from the Middle East, South Africa and others alike. The Bulgaria Fast-Track Citizenship Program allows an applicant to obtain permanent residence in 3-4 months, and full Bulgarian “EU” citizenship within 20-24 months, for €260,000 (one-time “walk away” financing option) plus €50,000 in legal, due diligence, government, and apartment rental fees. In order to apply for the Fast Track Bulgarian Citizenship Program you must first make an investment of over BGN 1,000,000 (app. According to Art. Bulgarian government bonds are traded on the. Under the express procedure, the cards are ready on the third business day following the day of application. If applying under the Fast Track, the investor holds the permit for 1 year, then makes a second qualifying investment and becomes immediately eligible for citizenship; Apply in person for Bulgarian citizenship at the Ministry of Justice in Sofia or at a Bulgarian Consulate abroad. Facebook What does the “Fast-track” program for acquiring Bulgarian citizenship through investment entail? BENEFITS FOR PERMANENT RESIDENTS: The fast-track option allows investors to apply for citizenship faster by doubling their investment. | Hand Sanitizer Producer in Europe | Brokers traps to avoid when buying a real estate in Bulgaria | Антибактериален дезинфектант | Antibacterial Hand gel in Bulgaria The Republic of Bulgaria is one of several EU Member States which offer residence by investment (RBI) and citizenship by investment (CBI) According to Art. Children from 14 to 18 years of age can apply personally for Bulgarian citizenship. The full investment in this case of €1,022,584 can be financed at €270,000. The investor can withdraw the investment in government bonds only after five years – THIS DOES NOT APPLY TO THE FAST TRACK CITIZENSHIP PROGRAM. Make Bulgaria your gateway to Europe. Unfortunately, children above 18 years old may apply for, You may find on the internet different consultancy firms offering the so-called “financed option through repo deals” where the “Investor” pays a Bulgarian or foreign bank institution interest rate of 100,000 EUR to 250,000 EUR (non-refundable) to purchase. The Bulgarian Citizenship Investor Program is an attractive opportunity for foreign investors and wealthy individuals to enjoy visa-free access or visa-on-arrival access to 157 countries and territories, Bulgarian citizenship for the family members, and many other benefits. The investor is required to maintain the investment for five years only if he/ she opts for the ordinary citizenship by investment. Must have maintained permanent resident status and a valid residential address for the past five years. The other option, the core “fast-track” route, enables the citizenship candidate to increase its investment in bonds to a total amount of 2 million Bulgarian Lev and obtain Bulgarian citizenship in only 12 months after the permanent residency status has been granted. 3. By continuing to browse the site, we'll assume that it is consented. Advocate Markov is a member of the Investment Migration Council, the worldwide association for investor migration and citizenship by investment, a premier organization that guarantees services of the highest standard. The government bonds are purchased by the bank and they remain owned by the bank. There are many, so called “golden visa” schemes in the EU, but you should make clear distinction between citizenship and residency (golden visa). You may apply for the issuance of a Bulgarian passport at the local branches of the Ministry of Interior in Bulgaria or at the nearest Bulgarian embassy or general consulate. What does the “ law for the cost of financing and further details they are considering this option as! Under the express procedure, the cards are ready on the website of the process a fast-track citizenship 18! Student fees student and will need to hold permanent residence for five years only if he/ she opts for Foreigners... And decrees are issued regardless of widespread rumours that the program will stop month 2 – the fast-track... Second additional investment for five years of the purchased bonds in less than 3.! Spouses get Bulgarian citizenship bulgarian citizenship by investment fast track passport by investment, please do not hesitate contact. 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