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Bungary

Immigrant Investor Program

The Foreigners in the Republic of Bulgaria Act and the Citizenship Act allows the acquisition of Bulgarian citizenship by investment to a foreigner in a total period of no more than two years.
The process consists of 2 stages. First, you must obtain a permanent residency permit under the Investor Visa The procedure takes from 4 to 6 months. After one year, you can apply for citizenship by doubling the investment or investing in a priority investment project certified as per the Investment Promotion Act. Citizenship application may be carried out in a maximum period of 6 months. So, in about 20-24 months you could get your Bulgarian passport.

đầu tư


Immigrant Investor Program

First step – Obtaining an instant permanent residence permit
According to the Foreigners in the Republic of Bulgaria Act, Article 25, par 1, item 6:
A permanent residence permit may be granted to foreigners:

6. who have invested in Bulgaria more than BGN 1,000,000 or increased their investment by such an amount by acquisition of:

a) shares of Bulgarian commercial corporations traded in a regulated Bulgarian market;
b) bonds and treasury bills, as well as derivative instruments thereof, issued by the State or the municipalities;
c) title to a separate part of the property of a Bulgarian commercial corporation wherein the State or the municipalities hold more than 50 percent of the capital in accordance with the Privatisation and Post-Privatisation Control Act;
d) shares in a Bulgarian commercial corporation held by the State or the municipalities in accordance with the Privatisation and Post-Privatisation Control Act;
e) Bulgarian intellectual property - objects of copyright and neighboring rights, patent-protected inventions, utility models, trademarks, service marks and industrial design;
f) rights under concession contracts within the territory of the Republic of Bulgaria.

Second step – Obtaining fast-track citizenship:

According to the Citizenship Act, Section III:
(1) Any person, who is not a Bulgarian citizen and who possesses the qualifications referred to in Items 1 and 3 of Article 12 (1) herein, may acquire Bulgarian citizenship by naturalization if:

1.       not less than one year theretofore, he or she had been granted a permanent residence permit for the Republic of Bulgaria in pursuance of Item 6 or 7 of Article 25 (1) of the Foreigners in the Republic of Bulgaria Act and has increased his/her investment in compliance with the same conditions of the law to at least BGN 2 million or has invested not less than BGN 1 million in the capital of a Bulgarian commercial corporation which executes a priority investment project certified according to the procedure established by the Investment Promotion Act.

Timeline

4-6 months to process permanent residency application + 12 months to be eligible for citizenship + 4-6 months to process citizenship application. Total = 20-24 months.

Furthermore, we have several other products that will lead you to Bulgarian Citizenship.

Bulgarian Citizenship by Investment Products

Financing Standard I

Applicant pays for financing a loan of EUR 512,000.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 66 months

  • Investment in EUR (Refundable)  – 0

  • All-in Handling Fee in EUR (Non-refundable)  – 185,000


Financing Fast

Applicant pays for financing a loan of EUR 1,024,000.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 0

  • All-in Handling Fee in EUR (Non-refundable)  – 270,000


Financing Two Main Applicants

Both partners of a legally married couple can apply simultaneously. Two main applicants pay for financing a total loan of EUR 2,048,000.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 0

  • All-in Handling Fee in EUR (Non-refundable)  – 398,000


Property Standard

Applicant invests in 1 Apartment for EUR 206,000 and holds it for 84 months

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 66 months

  • Investment in EUR (Refundable)  – 206,000

  • All-in Handling Fee in EUR (Non-refundable)  – 88,000


Property Fast

Applicant invests in 2 Apartments for EUR 412,000 and holds them for 84 months.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 412,000

  • All-in Handling Fee in EUR (Non-refundable)  – 88,000


Property Fast Two Main Applicants

Both partners of a legally married couple can apply simultaneously. Two main applicants invest in total 3 Apartments for EUR 618,000 and hold them for 84 months.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 618,000

  • All-in Handling Fee in EUR (Non-refundable)  – 88,000


Life Insurance Financing Standard

Applicant invests only EUR 375,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 750,000 and holds it for 5 years. The remaining EUR 375,000 is financed through us.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 66 months

  • Investment in EUR (Refundable)  – 375,000

  • All-in Handling Fee in EUR (Non-refundable)  – 30,000


At any time, applicant can opt for the fast track (18 months) by investing a further EUR 375,000, making the total investment EUR 750,000. We further finance EUR 750,000, leading to the new Insurance Premium of EUR 1,500,000.

Life Insurance Financing Fast

Applicant invests only EUR 750,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 1,500,000 and holds it for 5 years. The remaining EUR 750,000 is financed through us.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 750,000

  • All-in Handling Fee in EUR (Non-refundable)  – 30,000


Life Insurance Financing Fast Two Main Applicants

Both partners of a legally married couple can apply simultaneously. Two main applicants invest only EUR 1,000,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 2,000,000 and hold it for 5 years. The remaining EUR 1,000,000 is financed through us.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 1,000,000

  • All-in Handling Fee in EUR (Non-refundable)  – 45,000


Life Insurance Fast

Applicant invests a minimum of EUR 1,500,000 in a Unit Linked Life Insurance and holds it for 5 years.

  • Time to Permanent Residency  – 6 months

  • Time to Bulgarian Citizenship  – 18 months

  • Investment in EUR (Refundable)  – 1,500,000

  • All-in Handling Fee in EUR (Non-refundable)  – 30,000


About the Insurance Products

Vienna Insurance Group - VIG Group is an Austrian Life Insurance company, founded in 1984 with more than 184,000 employees. It is an EU regulated group, with A+ S&P Rating and Stock-market listed, transparent balance sheet and financially stable.

Documentation & Further Information

If you want to know further details about this program apply now for a free private consultation call.

Yêu cầu


- Be over 18 years old
- Be a Non-European Union citizen
- Do not suffer from contagious diseases and / or serious health problems.
- Proof of net worth greater than €511,292
- Investment Certificate confirming a direct foreign investment of BGN 1,000,000 (€511,292), as per the statutory procedures, in a guaranteed governmental bond portfolio for a period of 5 years
- Proof of legitimate source of funds
- Clean criminal record in the country of residence and the country of birth
- Personal net worth greater than € 1,000,000 is required by the banks for the financed investment option.
- Power of Attorneys and Investment Agreement signed in a Bulgarian Consular service

Quốc tịch bị hạn chế


No nationality is officially restricted *

Hai quốc tịch


Quốc tịch kép được công nhận tại Bulgaria. Bạn không bắt buộc phải từ bỏ quốc tịch trước đây để trở thành công dân của Bulgaria.


Documents Required *


  • Bản gốc hoặc bản sao công chứng Giấy đăng kí kết hôn
  • Bản gốc hoặc bản sao có công chứng Giấy khai sinh
  • Bản sao công chứng hộ chiếu
  • Bản gốc Giấy chứng nhận cảnh sát
  • Medical Certificate *
  • Documents certifying Business Investment *
  • Chứng minh tài sản ròng
  • Bằng chứng về việc thanh toán các khoản thanh toán không hoàn lại và phí thẩm định
  • Limited Power of Attorney *
  • Báo cáo nguồn tiền
  • Tiêu đề của những Tài sản tài chính đã mua
  • Hai quốc tịch Yes *
  • Thành viên gia đình bao gồm Yes *
  • quyền sở hữu đất đai Yes *
  • Yêu cầu về vật chất No *
  • Yêu cầu đến với tư cách cá nhân Yes *
  • Yêu cầu kỹ năng ngôn ngữ No *
  • Yêu cầu phỏng vấn No *
  • Investment Single * €1,024,000
  • Investment Family 4 * €1,024,000
  • Thu nhập hàng năm tối thiểu -
  • Thời gian để nhập quốc tịch 18
  • Thời gian lưu trú vĩnh viễn 6
  • Các quốc gia miễn thị thực 154
  • Tài chính có sẵn Yes *

Các loại phí

certificate issuance fee * BGN 1,000
total fees main applicant * BGN 1,000
certificate issuance fee * BGN 1,000
total fees spouse * BGN 1,000
certificate issuance fee * BGN 1,000
total fees dependent -18 * BGN 1,000
certificate issuance fee * BGN 1,000
total fees dependent 18-25 * BGN 1,000
certificate issuance fee * BGN 1,000
total fees dependent +65 * BGN 1,000

Thông tin chi tiết về đất nước

Bungary
BGN
359
Sofia *
Europe *
Bulgarian *
7148785
The Republic of Bulgaria is a country located to the southeast of the European continent, member of the European Union. It borders Romania to the north, Serbia and the Republic of Macedonia to the west, Greece and Turkey to the south and the Black Sea to the east. Although being a relatively large country, its population is just over 7 million inhabitants. Most is concentrated in cities, mainly in its capital Sofia and to a lesser extent the UNESCO World Heritage Site’ Plovdiv and Varna. So, there are abundant large undeveloped natural areas. Bulgaria is well-known for its ski resorts in winter, its thermal water springs and its almost 200 km of Dead Sea’s beaches.

Its official language is Bulgarian and its official currency is the Bulgarian Lev (BGN), pegged to the EUR at a 1.95:1 ratio.

Visa Free Travel *

With your new passport from Bulgaria you'll be able to access 154 countries visa free *
>

Các loại thuế

Become a permanent resident or citizen of Bulgaria does not automatically make you a tax resident. To be a tax resident an individual must reside 183 days in Bulgarian territory in a tax year, or have a permanent address in Bulgaria, or have its center of vital interests in Bulgaria. The criterion of center of vital interests prevails for the one of permanent address. That is, someone who has a permanent address in Bulgaria, but whose vital interest center is in another country, may not be considered a resident for tax purposes.

Bulgaria has one of the lowest tax burden in the European Union. Tax residents are subject to tax on their worldwide income at a flat rate of 10%. A tax credit for foreign tax paid is usually available. Dividends and interest are subject to a final tax of 5% and 8%, respectively. Capital Gains are taxed at the standard PIT rate. Being exempted those gains derived from companies listed in the Bulgarian or a European regulated stock exchange, and those from properties held 3 years (1 property) or five years (other 2 properties).

Bulgaria does not have Controlled Foreign Company rules (CFC), which means that profits retained in foreign companies owned by tax-residents may not be subject to taxation.

Bulgaria levies a real property tax of between 0.01% and 0.45% on the tax value of the property. There is an inheritance and gift tax of between 0.4% and 6.6%, depending on the relationship of the beneficiary. There are no net worth and transfer taxes.

On corporate taxation, resident companies are subject to a 10% flat tax on their worldwide income. Dividends received from a Bulgarian resident entity or an EU/EEA company are not taxable. Dividends received from a non-EU/EEA resident are included as taxable income. A tax credit or exemption may apply under a tax treaty or a domestic tax credit if there is no tax treaty available. Capital Gains are considered ordinary income and therefore subject to CIT. However, capital gains from the disposal of shares listed in the Bulgaria Stock Exchange or in any EU Stock Exchange are fully exempted. If there is no tax treaty available, payments to non-residents are usually subject to a 10% withholding tax. Learn more about Bulgaria’s corporate taxation, legal framework and tax treaties at incorporations.io/bulgaria.

This should not be construed as tax advice. Flag Theory | Passports.IO has access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. Contact us for further information.

  • Thuế bất động sản Yes *
  • Chuyển thuế No *
  • Thuế thừa kế Yes *
  • Thuế giá trị gia tăng No *
  • Luật CFC No *
  • Ngày cư trú về thuế 183
  • Thuế suất thu nhập cá nhân 10%
  • Thuế suất của thuế thặng dư vốn 10%
  • Thuế suất thu nhập đầu tư 8%
  • Thuế địa phương No *

Thủ tục

Flag Theory | Passports.IO and our local law firm in Bulgaria, will handle all paperwork, and guide you through each step of the process to ensure that it is as fast, efficient and pain free as possible.

1. The applicant travels to the Bulgarian embassy in the country of residence.
2. The applicant applies for a Visa D at the Bulgarian embassy. The passport is returned on the same day with a stamp.
3. After 3 to 4 weeks, the applicant can pick up the Visa D at the embassy.
4. Using the Visa D, the applicant travels to Bulgaria to apply for permanent residency status, which is completed in 1 day.
5. After 4 to 6 weeks, the Bulgarian government issues an approval letter, granting permanent residency status.
6. The applicant has the option to return to Bulgaria to apply for the permanent residency card.
7. 12 months after the date of permanent residency status approval, our law firm files the citizenship application.
8. Up to 6 months later, the applicant receives the government approval letter of citizenship.
9. The applicant can pick up the passport by traveling to Bulgaria, or visiting the local Bulgarian embassy.

Steps to EU citizenship via Life Insurance
1. Sign client service agreement (2 days)
2. Fill in and sign all Life Insurance application forms (1 day)
3. Pay insurance premium (minimum of EUR 1,500,000) to the Life Insurance company (within 30 days)
4. Sign power of attorney with law firm in Bulgaria (1 week after insurance payment)
5. Gather requested documents (depending on the applicant, days to weeks)
6. Visit Bulgarian embassy at country of residence to apply for Visa D
7. Travel with Visa D to Bulgaria to apply for permanent residency, which is provided in about 4 months
8. After a waiting period of 12 months with permanent residency status, apply for Bulgarian citizenship
9. Pick up passport in Bulgaria, or at any Bulgarian embassy in the world. Having access to 153 visa-free countries makes the Bulgarian passport the 18th best passport in the world

For further information on Bulgaria’s immigrant investor program and fast-track citizenship, and detailed procedures, contact us for a free private consultation.

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