Brookes & Partners

Bulgaria

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About
Bulgaria

Bulgaria is the 3rd Quickest route to EU Citizenship in the EU Zone. In early 2013, the Bulgarian government voted to amend the nation’s Investor Program for Residence and Citizenship (IPRC) in order to make the program more attractive to potential foreign investors. These changes include a waiver of the Bulgarian language requirement and a waiver of the renunciation of the investor’s former nationality requirement.

Capital

Sofia

Time To Citizenship

Total Area

110,993 sq km

Population

7,000,039

Currency

LEV (BGN)

Exchange Rate

1 USD = 1.81 LEV

About The Program

Bulgaria is the 3rd Quickest route to EU Citizenship in the EU Zone. In early 2013, the Bulgarian government voted to amend the nation’s Investor Program for Residence and Citizenship (IPRC) in order to make the program more attractive to potential foreign investors. These changes include a waiver of the Bulgarian language requirement and a waiver of the renunciation of the investor’s former nationality requirement.

  • As with Cyprus there is no language and physical stay requirements as part of the process
  • Children of ALL ages, married or single can be included for the citizenship process, once one of the parents
  • Bulgaria is a member of the EU and NATO, hence the country is a prominent player on the world stage, routinely helping to formulate international economic policies
  • Personal income and corporate income tax rates are currently 10%, which is relatively low in comparison to other countries
  • Freely travel, reside, study and work within the 28 countries of the EU, as well as Switzerland, Norway, Iceland and Liechtenstein
  • Children of EU nationals have the right to lower tuition fees within the EU
  • Establishment and free movement of services - individual citizens and their companies can offer services within the EU Member States without any obstacles
  • Free Movement of capital -Transfer funds between EU Member States, purchase of property in any preferred EU Member State, and invest in any type of activities
  • Free Movement of goods - All goods produced in the EU Member States can be freely transferred between the Member States
  • Bulgaria offers political stability and a high standard of living, with access to reputable state and private schools and medical facilities. Its crime rate is also among the lowest in Europe
  • No visa is required for travel to over 156 countries including Canada, UK and Australia
  • Bulgaria allows its citizens to hold dual citizenship

Bulgaria is the 3rd Quickest route to EU Citizenship in the EU Zone. In early 2013, the Bulgarian government voted to amend the nation’s Investor Program for Residence and Citizenship (IPRC) in order to make the program more attractive to potential foreign investors. These changes include a waiver of the Bulgarian language requirement and a waiver of the renunciation of the investor’s former nationality requirement.

  1. Brookes & Partners provides comprehensive legal support with finalising the required investments, including bond and property due diligence, submitting your citizenship application, approving your residency status and finalising all government forms and documents with relevance to securing the Bulgarian residency and citizenship
  2. Tax advice, if required (typically required if the applicant is considering relocating to Bulgaria, or if rental income is derived from property situated in Bulgaria)
  3. Assistance with sourcing property investments and asset management facilities
  4. Concierge services, if required, when visiting Bulgaria with hotel bookings and airport pickups
  5. Pre-clearance of what, if required
  6. Any other services that may be required by the client

ASIA
Bangladesh, Cambodia, Hong Kong (SAR China), Indonesia, Laos, Macao (SAR China), Malaysia, Maldives, Nepal, Philippines, Singapore, Sri Lanka, Timor-Leste

EUROPE
Andorra, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Vatican City

AFRICA
Botswana, Cape Verde Islands, Comores Islands, Egypt, Gambia, Guinea-Bissau, Kenya, Lesotho, Madagascar, Malawi, Mauritania, Mauritius, Mozambique, Rwanda, Senegal, Seychelles, Sierra Leone, Somalia, St. Helena, Tanzania, Togo, Uganda, Zambia,

OCEANIA
Cook Islands, Fiji, French Polynesia, Micronesia, New Caledonia, Niue, Palau Islands, Samoa, Solomon Islands, Tuvalu, Vanuatu

CARIBBEAN
Antigua and Barbuda, Bahamas, Barbados, British Virgin Islands, Cayman Islands, Dominica, Dominican Republic, Grenada, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

AMERICAS
Belize, Bermuda, Bolivia, Costa Rica, Ecuador, Nicaragua, Panama, Peru

MIDDLE EAST
Armenia, Iran
 

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