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Bulgarian Citizenship by Investment

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Our lawyer Mr Hristo Vasilev explaining the particularities of the Bulgarian Passport and the conditions and the advantages of the "Bulgarian Citizenship by Investment" program on Bloomberg TV. You can open the video in new window. is leading administrative and advisory services provider based in Sofia, Bulgaria. We are assisting foreign nationals to legally immigrate, relocate and start their business in Bulgaria, as well as those who are willing to attend university or be employed in the country. Unfortunately, in our world of bureaucracy, relocation is not a straightforward procedure, immigration has become a cumbersome process and employment in an EU country (such as Bulgaria) does require more than just finding an employer. Even studying in university has to be backed by professional and timely assistance to have all the paperwork in order. Here is where our assistance comes at hand. Our professional assistance is in fact your entry door to Bulgaria and the European Union as a whole. Immigration procedures are complicated! There are many who believe they can handle them, but reality shows that the vast majority of the applications can not be even processed if they have been handled by a professional in the immigration field. So in a nutshell, if an applicant wants to have his or her file in order, there should be no corners being cut. Legal conformity is our team's utmost priority and we will never compromise our client's interests.

Bulgaria within the EU Immigration to Bulgaria, whether a mere long term residence permit or a complicated investment naturalization procedure - you can count on our advice to help you make the right move and start a new life!

So, why is Bulgaria so popular among foreigners? From UK investors relocating to Bulgaria and buying residential properties to Pakistani citizens seeking better life in Europe, from Chinese businesses opening branches in Sofia to Russian entrepreneurs expanding their corporations to the EU - Bulgaria offers everyone its beauty, political and legal stability, rising economy and most importantly, access to the whole market of the European Union, freedom of movement and free travel.

Our representative talking about the "Bulgarian State Citizenship Investment Program" and how to legally obtain EU passport during the International Emigration Expo 2016 held at the Hyatt Regency in Kiev. You can open the video in new window.

IMPORTANT: We would like to draw the attention of the perspective candidates who are looking to enhance their mobility by obtaining the possibility to travel visa-free worldwide and to reside unrestricted in all EU countries. The Bulgarian State program for Citizenship by Investment provides the opportunity to obtain full EU citizenship and Bulgarian passport in period of about 18 months by making a refundable investment in a wide range of products. Please read more about the Bulgarian State citizenship program and the opportunity to obtain EU passport.

In contrast to other citizenship by investment programs (i.e. Cyprus or Malta), the Bulgarian legislation doesn’t require any substantial payment to the government. It doesn’t require property purchase that attracts huge brokerage fees as well as sales taxes and even colossal VAT burden for the applicant. The applicant’s investment, under the Bulgarian state program, is fully refundable, liquid at all stages and can be tracked in real time via internet or other channels. The generated income during the investment period is entirely for the account of the applicant and is additional bonus to the new citizen, along with the brand new Bulgarian (EU) passport.

We have summarized the legal and other information and have made comparison between the top EU citizenship for investment programs, showing the advantages and the pitfalls of each one in comparison with the Bulgarian one. You can read more about Bulgaria vs Cyprus Citizenship by Investment program and Bulgaria vs Malta Cyprus Citizenship by Investment program. It is also worth reading about the 10 myths about the Bulgarian fast-track Citizenship program.

Nato Bulgaria is considered by many to be the new land of opportunities in Europe. As a NATO member since 2004, and a full EU member since 2007, Bulgaria is by international standards considered financially and politically stable. Bulgaria ranks 38th in the World Banks Ease-of-Doing-Business index climbing 14th places for one year from 52nd in 2014; higher than all other Eastern European countries members of the EU. Bulgaria also places 28th on the Economic Freedom of the World index; outperforming the Netherlands and South Korea. Bulgaria boasts the lowest corporate and personal income tax rates among all European Union member states. The corporate tax is fixed at 10% flat rate. The personal income tax is only 10% regardless of the amount one earns. The health and pension contributions are the lowest within the whole European Union. Bulgaria has Double Taxation Treaties with 68 countries all over the world. The banking system in Bulgaria is modern and fiscally sound. 100% of all deposits up to EUR 100 000 are guaranteed by the government. Credit interest rates are low. Some of the biggest EU banks are represented in Bulgaria.

The tourism sector is well-developed, accounting for nearly 22% of the country's total GDP. More than 9 million tourists from Greece, Romania, Turkey, Russia, Ukraine, and the United Kingdom visit Bulgaria each year. Forecasts estimate that the number of tourists visiting Bulgaria will increase to 12 million by 2020.

Religions in Bulgaria Bulgaria is known to be very religious tolerant, with many Muslims living in the country while the majority of its population being Christian Orthodox. Bulgarians, unlike many other nationalities, have been living peacefully with their Muslim neighbors, respecting not only their religion, but also their cultural differences. As an interesting fact, the Banya Bashi Mosque in Sofia, built by the architect and civil engineer Mimar Sinan is one of the largest mosques of its kind in the area. The mosque is visited daily by the Muslim community in Sofia and can accommodate more than 1200 prayers.

Forecasts indicate that the Bulgarian economy will continue to perform well in the immediate future. Consequently, Bulgaria's improving economy will also continue to attract foreign investors and immigrants; many of whom will consider starting a business in Bulgaria and applying for a Bulgarian residence permit and for citizenship consequentially.

Bulgaria and the EU So how are Bulgaria and the European Union as a whole interacting together?

In today's world, greater mobility brings with it opportunities and challenges. A balanced, comprehensive and common migration policy is helping the EU to seize these opportunities while tackling the challenges head-on. The EU is built upon solidarity and responsibility. It will have the added advantage of making a valuable contribution to the EU's economic development and performance in the long term. In December 2011, the so-called Single Permit Directive was adopted. It creates a set of rights for non-EU workers legally residing in an EU State. At the same time, EU is discussing Commission proposals for further Directives on the conditions of entry and residence for seasonal workers and intra-corporate transferees. The aim is to simplify migration procedures and give migrants clear employment-related rights. Furthermore, the Long-Term Residence Directive has created a single status for non-EU nationals who have been lawfully resident in an EU country for certain period of time, thus establishing a legal basis for equal treatment in all EU countries. Whether the non-EU citizen comes from Egypt, Saudi Arabia, India, Pakistan, Russia or China, the same policy will apply and the resident will be presented with equal opportunities.


The EU Directive on the status of non-EU nationals who are long-term residents, states that the status of long-term resident should be awarded after a person has lived legally in an EU State for a certain period of time. In order to reside in a EU member state, the non-EU national has to obtain initial residence permit and there is where we can assist by administrating all legal procedures.


Labour immigration has a key role to play in driving economic development and in addressing current and future demographic challenges in the EU. The EU is therefore working on a number of interconnected measures which, together, aim to produce flexible admission systems, responsive to the priorities of each EU State, while enabling migrant workers to make full use of their skills.