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Frequently Asked Questions


Any foreign citizen of legal age and with a clean criminal record who is not considered a threat to national security and can invest a minimum of 1,000,000 BGN, thus making him or her eligible to apply for Bulgarian citizenship.


No. Speaking Bulgarian is not required.


On the Standard Track, the applicant can acquire permanent residence after making the investment, and would hold the investment for a period of 5 years. At the end of the 5 years the applicant can apply for citizenship. On the Fast Track, the applicant can make an additional investment of 1,000,000 BGN (approximately 512,000 EUR) one year after the initial investment and he/she is immediately eligible to apply for citizenship.


Spouses and children of the applicant are eligible to acquire permanent residence. Though, they will not be granted citizenship at the same time as the applicant.


Yes, but only for 2 times.The applicant will have to travel only to apply for his Permanent Residence Permit, and later to apply and obtain his ID card, which can be done in a short trip of 4 business days to apply and obtain it 3 days later. The applicant can apply for citizenship at a consulate abroad.


No. No previous business management experience is required.


No. There is no minimum educational requirement.


No. There is no requirement for job creation, like the US EB-5 Investment Programme.


The minimum investment size is relatively low – 1,000,000 BGN (approximately 512,000 EUR).


There are a number of different qualifying investments, including but not limited to: government bonds, shares of a corporation admitted to trading on the Sofia stock exchange, investments in the capital of unquoted companies (a higher threshold applies).


Government bonds are usually seen as a low-risk safe investment.


Yes. The investment can be financed by borrowing. However, evidence of source of funds might be required.


The investment verification usually takes 10 working days.


Depending on the track chosen the time varies. The Standard Track qualifies an applicant for naturalization after 5 years. The Fast Track qualifies an applicant for naturalization within 6 months after the first year of investing.


On the Standard Track, the applicant can acquire permanent residence after making the investment, and would hold the investment for a period of 5 years. At the end of the 5 years the applicant can apply for citizenship. On the Fast Track, the applicant can make an additional investment of 1,000,000 BGN (approximately 512,000 EUR) one year after the initial investment and he/she is immediately eligible to apply for citizenship.


The validity of the visa is 6 months after the date of issue. The applicant can enter the country when he or she wishes within this 6 months.


The permanent residence permit is valid for the same duration as the applicant’s passport.


The permanent residence permit is valid for the same duration as the applicant’s passport.


The applicant must apply for a permanent residence permit and ID card in Bulgaria. If eligible, the investor can apply for citizenship in Bulgaria or at a Bulgarian consulate abroad


No. Applicants are not required to be in Bulgaria during the whole process. However, when applying for a permanent residence permit and ID card the investor is required to be present in Bulgaria.


There are a number of documents that have to be prepared and legalized including, but not limited to, criminal record certificate, marriage license, proof of funds, etc.


Standard application fees include visa fees (approximately 130 EUR), residence permit and ID card application fees (approximately 650 EUR), legalisation fees, etc.


The citizenship application is usually approved within a period of 6 months, but additional background checks and due diligence can lengthen the process a bit.