The end of democracy and the Israeli’s hunt for second citizenship
We remember very well the times when the people of Hong Kong went on the streets. On the “silent front” at that time, the Hongkongers were trying to get hold of their ticket to freedom – Bulgarian citizenship. Now the same thing is happening in Israel. Israeli citizens are horrified by the prospect of their country to become an undemocratic one. With the controversial bill passed at the Knesset only a few days ago, things don’t look bright to many. Many citizens of Israel realize at that point, that this new law is changing the very foundation of Israeli democracy. Jews from around the world are now fearful that they may soon need a second home, if they really cherish democracy. And while many are looking to the USA, the vast majority are interested in the options to relocate to the EU with the ultimate goal to obtain EU citizenship. And here comes one of the best EU option – Bulgarian citizenship for Israelis.
Bulgarian residency and citizenship for Israeli citizens – the best path to the EU
So why do Israeli citizens want to secure a second home in Bulgaria? Simply put, because Bulgaria is beautiful. But Bulgaria is also in the EU and the Bulgarian residency may lead to EU citizenship as well.
There are different pathways for Israelis to the best Bulgaria can offer. For the financially independent, the Bulgarian Golden Visa is definitely the go-ahead route. The required investment starts at only 256 000 EUR and it can secure you an immediate permanent residence status in an EU country.
For those with more conservative budgets, there are many options available to obtain Bulgarian residence permit. And indeed, most of these options may lead to full citizenship.
And last, but definitely not least, there are many Jewish nationals who are of Bulgarian origin. The pathway for them to Bulgarian citizenship is clear. You can read our articles Bulgarian citizenship by origin and why we need special legislation to enable Jews to obtain fast-track Bulgarian citizenship.
Financial services and banking for Israeli citizens in Bulgaria
Getting legal residency and a passport is great. But we should not underestimate the importance of doing business in the EU environment. Through our subsidiary, we are offering wide range of consultancy services to Israeli citizens.
To sum it up, we offer full assistance and all required services to Israeli citizens to enable them to secure a safe haven in Bulgaria ant the EU. These services include, but are not limited to:
- Bulgarian visa D and residence permits;
- Work permit for Bulgaria;
- EU Blue Card;
- Bulgarian Golden Visa;
- Assistance to obtain Bulgarian citizenship and passport;
- Registration of Bulgarian companies;
- Assistance to open bank accounts in Bulgaria (both personal and corporate);
- Accountancy and tax optimization in Bulgaria;
- Asset protection strategies on EU level;
- Family office services and wealth management in Bulgaria.
Whatever your need may be, please don’t hesitate to contact us for professional assistance.