Bulgarian Investor Visas Explored

Bulgarian Citizenship by investment

NB: Bulgarian Residency by Investment Scheme Suspended

The following provides details on how the scheme operated, and may be subject to substantial revision if the scheme is re-opened or re-introduced. 

If you remain interested in Bulgaria or alternatives, please contact us using the form below.

The Bulgarian citizenship by investment program is a two-stage procedure:

The first stage is a permanent residency card application, subject to an investment of minimum 512,000 euros. The second stage is the citizenship application. The investor is eligible to apply for Bulgarian citizenship if he has held a permanent residency card – which can be obtained in 4-6 months – for 12 months and has doubled the initial investment. Applicants under the program are not required to prove proficiency of Bulgarian language to apply for citizenship and there is no requirement to reside in Bulgaria.

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.

Is Bulgarian passport the right one for me?

It depends on what you are looking for yourself and your family. Please read the statements below carefully:

  • I may live in any country of the European Union
  • My children should have access to European education
  • I want to travel in the whole of Europe without a visa
  • I want to make a safe investment in government bonds
  • I want to include my family
  • I need a permanent solution
  • I can wait for a while

If you agree with most of the statements — Bulgaria Citizenship is the right for you.

How to secure Bulgarian Citizenship by investment

  • Bulgarian citizenship by investment is available for you through a secure investment of 512,000 euro into government bonds.
  • You can double your investment to get your passport within 2 years.

Benefits of Bulgarian Citizenship

Lifetime European citizenship for the whole family and next generations

Bulgaria allows dual citizenship, so you do not need to relinquish your current nationality. Your spouse and all of your children will also get Bulgarian citizenship. You all may travel, live, study and work within 28 countries of European Union without any restriction.

Visa-free travel

As a citizen of Bulgaria, you may travel visa-free to 142 countries in the world.

The cheapest option in Europe

Bulgarian passport is the most affordable option in Europe.

Safe investment

You invest in guaranteed Bulgarian government bonds. Your investment will be refunded after 5 years.

Your investment works

The interest on your investment will be about 25,000 euro for 5 years.

Easy to qualify

No language requirements, medical tests or interviews. You only need to visit Bulgaria once. We give you full support and guidance.

No residency requirement

You are not required to live in Bulgaria prior to or during the application, or even after citizenship has been granted. Although you should visit Bulgaria for biometric identification.

Let your children study in Europe with no extra fee

The European educational systems offer a wide range of high-quality public and private schools from elementary school to post-graduate PhD programmes. Your children -- as an EU citizen -- will pay the same reduced tuition fee as other European students.

Buy a land in Europe

You may buy a land or any immovable property in Bulgaria and all other EU, Schengen countries which may otherwise restrict access to foreign nationals.

Other benefits of obtaining Bulgarian Citizenship by investment

  • You are not required to open a private account with a Bulgarian bank or buy the government bonds from the Bulgarian Stock Exchange. Bulgarian government bonds are traded on the Berlin Stock Exchange, Frankfurt Stock Exchange, Stuttgart Stock Exchange and Luxembourg Stock Exchange;
  • The legal & state fees can be paid by the acquired interest rate;
  • 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;
  • You can get a full refund from your investment in government bonds two years after the Bulgarian citizenship is granted;
  • EU citizens may also apply for Bulgarian citizenship by investment if they hold a passport of a non-EU member country
  • You will easily qualify as a Bulgarian tax resident;
  • You can sell your Bulgarian government bonds and avail liquid investment in money market instruments (shares, bonds, etc.) at any time; 
  • You can vote in Bulgaria;
  • You can open bank accounts in any EU & Schengen countries.

Does my family also get citizenship?

You and your spouse and all of your children without age limit will also obtain citizenship under one application.

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. The investor needs to invest 511 292 EUR in the first year and double the investment to 1,024,000 EUR in the second year.

The investor does not need to invest his/ her own money of 1,024.000 EUR in government bonds. The investor may invest as little as only 300,000 EUR to obtain Bulgarian citizenship and passport. This is absolutely possible with one of the financed options below.

Ordinary Track

  • The client purchases government bonds of 512,000 EUR
  • Time to Permanent Residency  – 6 months
  • Time to Bulgarian Citizenship  – 60 months
  • Investment in EUR (Refundable)  – 512,000 EUR

Fast Track

  • The client purchases government bonds of 512,000 EUR and increases the investment to 1,024.000 using savings or own finances. 
  • Time to Permanent Residency  – 6 months
  • Time to Bulgarian Citizenship  – 18 months
  • Investment in EUR (Fully refundable)  – 1,024,000 EUR

Fast-Track – Bond Financed Option

  • Financed investment
    The investor pays a reduced amount of €180,000. The reduced amount is used to finance a BGN 1,000,000 (€511,292) closed a five-year term loan from a Bulgarian chartered bank. No further payment is required.

    The IPRC application must contain a copy of the investor’s curriculum vitae, the Investment Certificate that is issued by the Bulgarian Ministry of Finance to confirm the national made the required investment, proof that the investment funds derived from a lawful source, proof that the investor does not have a criminal record, and proof that the investor has a personal net worth of at least 1,000,000 Euros.

    Once the investor’s application is approved, the investor receives a Bulgarian permanent resident permit which entitles the holder to travel freely into and out of Bulgaria and to live in Bulgaria indefinitely.

Fees and costs

  • A non-refundable administration fee of EUR 45,000 to EUR 55,000 euro depending on your country of origin will be required to cover all cost of your and your family's application.

About Bulgaria

Bulgaria, officially the Republic of Bulgaria, a unitary state on the Balkan Peninsula in southeastern Europe bordering the Black Sea in the east. The country has shared borders with Greece, the Republic of Macedonia, Romania, Serbia, and Turkey.

Soul-stirring mountains rival golden beaches, while cities hum with nightlife and art. Within Bulgaria’s beguiling blend of nature and history, unforgettable adventures are guaranteed.

"Somewhere between panoramas of the Pirin Mountains and the cobbled nooks of old Plovdiv, Bulgaria grabbed my imagination – and it still hasn’t let go. Bulgaria is a mysterious, multilayered country, with ski fields as fantastic as its beaches. But what keeps me in thrall is Bulgaria’s mash-up of ancient and cutting-edge culture. What could be more alluring than heavy metal concerts in a Roman stadium, light shows over a medieval fortress, or crumbling mansions reborn as bars? Archaeological discoveries are made all the time, so there’s something new and compelling each time I visit: the perfect excuse to keep coming back." - wrote Anita Isalska, the writer.

Bulgarian passport is an accessible, transparent and respectable gateway into the European economy, society and way of life.

Time to get your Bulgarian passport

Whichever route you decide to take you will receive your EU permanent residence permit in 6 months. You get your Bulgarian citizenship after a maximum of 5 years.

More Facts About Bulgaria

Nodding actually means no

Bulgaria is one of only a handful of countries in the world where a shake of the head means “yes” and a nod means “no.” This can, of course, be confusing when you’re trying to converse through gestures with a local who doesn’t speak English.

Just remember that “da” means yes.


If you thought Scotland was the only place known for its bagpipes… think again! Bulgaria (along with a handful of other Balkan/Eastern European countries) also has a bagpipe as a traditional instrument. Called gaida, Bulgarian bagpipes are usually made from goat hide, and don’t look quite as complicated as their Scottish counterparts.

Cyrillic alphabet

The Cyrillic alphabet – which today is used in Russia and throughout the Balkans and other Slavic nations – was invented by two monks during the First Bulgarian Empire in the 10th century. These two monks/saints (Cyril and Methodius) are celebrated each year in Bulgaria with a feast day/public holiday in May, and also in other Slavic countries around the world.

Roman history

Bulgaria’s history stretches back thousands of years – further back than communism, the Ottomans, and even the Romans. The ancient Roman influence on Bulgaria can still be found in many of the country's cities, though. You’ll find Roman baths in Varna, ruins in Sofia, and a mostly-in-tact Roman theatre in Plovdiv (that is still used today for plays and concerts!).

Rose production

Bulgaria grows a lot of roses. A LOT of roses. In fact, the roses are grown in Bulgaria’s “Rose Valley” produce most (70-85%) of the world’s rose oil – a component in most perfumes. Rose oil can be found for sale just about everywhere.


Believe it or not, Bulgaria is actually a fairly mountainous country. It has two major ranges – the Balkan Mountains and the Rhodope Mountains – and a few smaller ranges, including the Rila and Pirin mountains. Because of all these mountains, Bulgarian towns like Bansko have become very popular for winter sports.


Forget France or Italy – if you want great cheese, head to Bulgaria. There are so many varieties of cheese on offer here, with some of the best being the ubiquitous “white” cheese – usually goat or sheep’s cheese. Some Bulgarians will actually argue that THEY “invented” feta cheese and that the Greeks stole it from them. Try a traditional Shopska salad (tomato, cucumber, onion, pepper, and white cheese), and you’ll definitely be reminded of a Greek salad.


On the first day of March each year, Bulgarians exchange red-and-white woven bracelets with one another. They wear these Martenitsi bracelets throughout the month until they see a stork or a blooming tree. Then, the bracelets are tied to trees as a way of welcoming springtime. This is a holiday of sorts, called Baba Marta (“Grandmother March”), and celebrates the passing of winter.

Bulgarian Citizenship for Investors
Bulgarian Citizenship by investment

Name: Become a Bulgarian Citizen by Investment

Description: Various counties across the E.U. offer residency and citizenship to investors.

The terms of each investment program differs between member states providing a wide range of options for investors depending on their requirements.

Bulgaria offers one of the most affordable investment solutions for the E.U currently.

We provide tailored solutions to meet your needs.

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