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Citizenship by Investment, Global Immigration Programs, News

Bulgaria Fast Track Citizenship and Permanent Residence Program

June 12, 2019 nkic

Bulgaria Fast-Track Citizenship Program . – PR and citizenship in 1 step: 

  • Financing Option of EUR 260,000, or Real Estate Purchase Option of EUR 430,000.
  • Supplemental Offering (EUR 80,000) allows a spouse or non-dependent child to apply for citizenship at the same time as the rest of the family.
  • Prices are locked-in at the time of investment (so not effected by market fluctuations)
  • Simpler and more stream-lined application process than the 2-step program
  • Cheaper than the 2-step program.

Bulgaria Permanent Residence Program . – 2-step citizenship; citizenship application after 1 year of PR: 

  • Applicant chooses either the Financing Option (EUR 155,000) or Real Estate Option (EUR 215,000) for the PR process.
  • After 1 year of PR, applicant chooses either the Financing Option (EUR 125,000) or Real Estate Option (EUR 215,000) for the Fast-Track citizenship process, so can ‘mix & match’ investment options.
  • Costlier in total, but smaller cash outlay initially
  • Citizenship pricing subject to change in future, based on market conditions
  • Bulgaria Permanent Residence Program (PR; citizenship application after 5 years of PR):
  • Applicant chooses either the Financing Option (EUR 155,000) or Real Estate Option (EUR 215,000) for the PR process.
  • Applicant waits 5 years and applies for standard citizenship (no additional investment required).

Benefits of the programs include:

  • Bulgaria PR will allow the applicant and his/her family to work, live and study in Bulgaria
  • Once Bulgaria becomes a member of Schengen (expected to occur in 2019), PR-holders will have visa-free access to all Schengen countries
  • Bulgaria citizens have the right to reside, work, and study anywhere in Europe
  • Bulgaria citizens have visa-free access to approx. 142 countries (including Canada and Europe)
  • Applicant receives PR in 4-6 months, and citizenship in less than 2 years in total (Fast-Track program)
  • Citizenship is transferrable by descent (to all children and grandchildren)
  • Applicants may choose either a Financing Option or Real Estate Purchase Option
  • No language requirement, no age limit, and no management experience requirement.

Please Contact Us for more information.

NKIC Newsletter - June 2019

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