You will be able to apply for a permanent residence permit (valid indefinitely) after five years’ residence in Bulgaria. BULGARIA PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit: - Invest €512,000 (BGN 1 million) in Bulgarian Government bonds locked for 5 years and paid out with 0% interest - Loan Option: The investor pays a reduced amount of EUR 195,000: The reduced amount is used to finance a 1,000,000 BGN loan from a Bulgarian chartered bank. Obtaining temporary residence in Bulgaria and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria.The Foreigners in the Republic of Bulgaria Act allows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. Permanent Residence Permit. Please contact us for more information about registration of a trade representative office in Bulgaria and applying for a Type D visa and Bulgarian residence permit. The Bulgarian Permanent Residence and Fast Track Citizenship Programs have been established to allow applicants a relatively swift process for attaining Permanent Residency and Citizenship, with two options: A Financing Option and/or a Real Estate Option. General case: the number of foreign employees employed by a Bulgarian entity may not exceed 20% of the average number of employees (Bulgarian and EU nationals) in the Bulgarian entity for the past 12 months. Registration of a Bulgarian limited company, Bulgarian residence for European citizens, a Single Person Private Limited EOOD company, Common mistakes of first time home buyers in Bulgaria. Free education and medical system throughout EU. You will submit your application to the National Migration Directorate in Bulgaria no later than 60 days before your long-term residency permit expires. If the foreign national resides for another five years in Bulgaria after the permanent residency was granted and he is fluent in Bulgarian, the applicant can apply for Bulgarian Citizenship by Naturalization. The Foreigners in the Republic of Bulgaria Act allows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. The first Bulgarian permanent residence permit is valid for five years and on next renewal an indefinite permanent residency is granted. Receive your Bulgaria citizenship and Bulgaria passport through an investment in the country. Individuals must hold a Bulgarian temporary residence permit for 5 years before they are eligible to apply for a permanent residence permit. The fee to process your family members is included in our fee for the main applicant. Registering a trade representative office with our law firm, we will not charge you maintenance or annual fees for the registered office address of your trade representative office. Usually, permanent residence applications are considered within 30 working days; Month 4 – 6 – Once the residence application is approved, the investor will be photographed and the permanent residence card is issued within 3 working days. Month 1 – Application for the opening of a private bank account with the serving Bank and buying Bulgarian government bonds for approx. It should be noted that permanent residence gives the same rights as Bulgarian citizens, except voting; Holding Bulgarian permanent residence for five years entitles you to apply for Bulgarian citizenship; Opportunity to become resident of the European Union. This step includes the preparation of the set of Investor D visa application documents, confirmation certificate of investment in government bonds issued from the Bank and Investment certificate issued from the Bulgarian Investment Agency; Month 2 – The Investor applies for a D visa in the nearest Bulgarian embassy or general consulate. A down payment of the professional fees will be required to open your application. To obtain a permanent residence permit, you need to provide the following documents and complete the following steps: Loosing permanent residency privileges. For more information about obtaining Bulgarian permanent residency, please do not hesitate to, Foreigners in the Republic of Bulgaria Act, Bulgarian permanent residence by investment, Bulgaria to retain its Citizenship by Investment program in 2019, Overview of Bulgarian citizenship by investment, Brokers traps to avoid when buying a real estate in Bulgaria. | Legal Notes | Site Map | Bulgarian Citizenship Fast Track | Bulgarian Companies | Tax residence of Bulgaria | Contact | 通過投資獲得保加利亞公民身份 | How to buy a property in Bulgaria | Accounting services in Bulgaria | Buying a property in Plovdiv | 購買保加利亞房產 | 在保加利亞購買房產須知 If you have legally remained in Bulgaria for consecutive five (5) years on the basis of long-term EU residence, you and your family members are entitled to a permanent residence. Individuals must hold a Bulgarian temporary residence permit for 5 years before they are eligible to apply for a permanent residence permit. For more information about obtaining Bulgarian permanent residency, please do not hesitate to contact us. This program offers permanent residency in Bulgaria, meaning the permission to live in Bulgaria as long as desired. Benefits for Citizens. We recommend, Registering a trade representative office, you are. The government bond portfolio is for an investment period of at least five years. The applicant purchases government bonds for EUR 512,000 plus EUR 19,000 legal fees for a total of EUR 531,000. Investment. participating in the political process by registering and voting, joining the police force or military). Une personne qui n'est pas un citoyen bulgare peut acquérir la citoyenneté bulgare par naturalisation, si la date de la demande répond aux exigences suivantes: 1. est un majeur. It is very often issued on the base of Bulgarian origins of the applicant, or marital or family relations, or spending 5 years of residence here, the presence of investment intentions/reasons, etc. A residence card will allow you to easily get into Bulgaria if you are travelling abroad for business or pleasure. The Bulgarian law allows foreign companies to register up to five foreign trade representative personnel. Investment in real-estate property – 312,000 €; You may learn more how to buy a real-estate in Bulgaria; 4. NB: The permanent residence is granted for five years. Easy access to EU countries – no visa requirement. In accordance with the Bulgarian Citizenship Act, foreign investors who hold a permanent resident permit for at least five years are eligible to apply for Bulgarian citizenship. The investor may obtain fast-track Bulgarian citizenship if he/ she doubles the investment by 512,000 € in Year 2. Our experience shows that the most convenient and affordable way for a foreign national to obtain a Bulgarian D visa and Bulgarian residence permit is by way of registering a foreign company’s trade representative office in Bulgaria. Bulgarian citizenship and residency - the new law for the foreigners 2016 - Duration: 12:38. Q) Are there other possibilities to obtain Bulgarian permanent residence permit without having to wait 5 years? Was granted permission for permanent residence in the Republic of Bulgaria not less than five years ago. We will provide a top location registered office address for your Bulgarian representative office free of charge for as long as you need! The registration of a trade representative office in Bulgaria allows foreign persons to easily obtain a temporary residence permit that is valid for up to 1 year, and is renewable … Timeframe. Permission for a permanent residence may receive aliens: - of Bulgarian descent; - who have resided legally and continuously on the territory of the country for a period of five years, five years after contracting a marriage with a foreigner permanent resident in Bulgaria; - minor or underage children of a foreigner permanent resident in… Obtaining temporary residence in Bulgaria and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria.The Foreigners in the Republic of Bulgaria Act allows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. The requirements for those who opt for the regular program are as follows: Be over 18 years old. There is no physical residence requirements or fluency in Bulgarian language as required by the general naturalization rules. Foreign persons are not allowed to be involved in any economic activities of their trade representative office. If you have Bulgarian origin and you have obtained a certificate of Bulgarian origin from the State Agency for Bulgarians Abroad, but you have failed your Bulgarian citizenship by origin application because you cannot provide sufficient evidence of your origin or for any other reason, you still may obtain Bulgarian permanent residence.. The applicant then makes an appointment at a Bulgarian Consulate for document signing. Children under the age of 14 receive a 10% discount. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. Immigration. Permanent residence permit Permanent residence permits are issued by the Bulgarian Ministry of Interior. RSS, Permanent Residence by Investment in Government Bonds, The client purchases government bonds of 512,000 EUR, Schedule to get Bulgarian Permanent Residence by Investment in Government Bonds, and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. Holding Bulgarian permanent residence for five years entitles you to apply for Bulgarian citizenship. Obtaining temporary residence in Bulgaria and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria. 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