Permanent lifetime citizenship in the European Union. Basically, the international agents that offer citizenship and residency services of other countries were those who were criticizing the program the most. 4.8 out of 5 stars based on 337 votes. Read more. | XML SITEMAP |, Bulgarian citizenship by investment (fast-track). Usually presented as a citizenship by investment program, Bulgaria actually offers a residence by investment program with a fast-track option for citizenship. These are the only two active citizenship by investment schemes in European Union. increase the capital of a Bulgarian company by BGN 2 million, or approximately EUR 1 million. However, it is not yet clear when they will be allowed to apply for citizenship. Official language – Bulgarian. Bulgarian passport can be issued within 2 years. The first step for a foreign national who is interested in obtaining Bulgarian citizenship by investment is to apply for a permanent residence permit based on the chosen type of investment. As one of the youngest EU member states, Bulgaria boasts a rich and diverse culture, temperate climate, and ideal location in Southeast Europe. Member of VD&A. In order to obtain a passport, it is necessary to prove a basic knowledge of the Portuguese language. - Fyodor Dostoevsky. ... 2020 Read more. Cyprus: The Cypriot CIP falls the first victim of the tightened regulations introduced by the EU authorities. Maltese citizenship is granted for a direct investment of from €800,000. Read more. For more specific questions, we recommend getting in touch with us through the contact section from the main menu above. However, if an investor applies for citizenship under the accelerated procedure, the period of investment ownership is reduced by one year. Bulgaria Citizenship by Investment. The truth is that the Bulgarian CBI program is good for one person only – you, the prospective Bulgarian citizenship candidate. Contact us for more information on alternative EU Citizenship By Investment Programs in 2020. A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Bulgaria Intends to Keep Citizenship-By-Investment Program Date added: : 05.11.2020 The European Commission has officially encouraged the Bulgarian government to close the citizenship-by-investment program, but the country's authorities do not intend to close it. So what were all these rumors propagating? The relevant provisions date to late 2013, as amended. If the application is approved, the foreigner fulfils the investment conditions and becomes a citizen of the country. It will also set a deadline for how long an investor has to keep the investment. Bulgaria: The latest Bill(s) and legal amendments of the Bulgarian Citizenship by Investment program. Each country that offers citizenship by investment has a clearly outlined program that has been authorized by its government.. No requirement to permanently live in the Country. Please feel free to explore by clicking the button bellow: Bulgarian CBI program - updates for 2020 and beyond. A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to choose between. Read more. Citizenship will no longer be awarded for the purchase of government bonds, investments in intellectual property or bank deposits. Citizenship by Investment: Investment Options: The current bills and the political views within the Bulgarian Parliament. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. No military service. Bulgaria grants citizenship after 2 year of maintaining the investment with permanent resident status. The European Commission has sent a letter to Bulgaria expressing its concerns about the acquiring of citizenship by investment regime. Citizenship by investment in Bulgaria will have Non-EU citizens make a minimum deposit of 1,000,000 Bulgarian lev into the government bond portfolio which will be returned without interest to investors after five years, after which the country will grant the investor permanent residency. For those interested in second residency or passport services, you can email me at advice@adamfayed.com or contact me on the search function below. How to obtain Bulgarian citizenship in 2020 The investor first obtains a permanent residence status in exchange for an investment of BGN 1 million or about €512,000. It is possible to acquire Bulgarian citizenship by investing 1 million euro in Bulgarian state … Bulgaria passport offers visa free travel to over 170 countries including Canada. A residence permit in Portugal for investment allows you to apply for citizenship after 5 years. Bulgarian Citizenship by Investment – updates 2020. 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. Bulgaria Passport By Investment Program 2020. EU passport for family and children. The Investor Program for Residence and Citizenship in Bulgaria helps get you there faster with the following benefits: Residency within six to nine months. It is sufficient for a participant in the residence permit programme to spend 7 days a year in Portugal. Doubling of the investment amount of €512,000 ie. No Bulgarian language tests. 8. Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. Bulgaria. Read more. Now the citizenship can be applied for after one year under the accelerated procedure or after 5 years under the naturalisation procedure. New investment options will appear. Read how to get it by yourself. May 27, 2020 Pre-application for Bulgarian visa D and residency permit through marriage January 16, 2019 According to the same report, between 2012 and October 2017, Bulgaria granted citizenship- and residence-by-investment permits to 75 applicants from Russia, 39 from China, 33 from Pakistan, 28 from Egypt and 25 from Lebanon. A lot of confusion remains with the Bulgarian citizenship by investment program (BCBI) open or not in 2020. Bulgaria is a part of the European Union, therefore with its passport, it is allowed to live, work and study in any state of the region without restrictions. Here are some latest updates. Read more. After 12 months of residency, the initial investment is doubled to €1,022,584. Bulgaria, although it has declared strong commitment to follow, has proven so far to be the slowest one. All sort of things like the Bulgarian program is cancelled, which was later transformed to the Bulgarian program will be cancelled. The minimum investment amount for the programme is €250,000. The money can be invested in one or more options at the same time. Bulgarian Citizenship by Investment has two options for Investment. Looking to obtain EU citizenship by investment in 2020? It is very hard to fight the fake-news. The main idea for launching Bulgarian-Citizenship.com is to facilitate the efforts of the Bulgarian government to handle the negative impact on the demographic crisis in Bulgaria. Bulgaria, Portugal, and Latvia are the only residence by investment programs within the EU that offer a viable route to citizenship in six years or fewer at a … Visa-free travel to 169 countries. The Citizenship by Investment program in Jordan is getting more popular among many Arab and foreign investors. Bulgaria Citizenship by Investment Updated on Friday 22nd May 2020 . EUR 300,000 (Bulgaria fast track citizenship by investment after 1.5 years financing option) Permanent residency by investment in Bulgaria; No free movement in Schengen (Bulgaria is not in schengen) Qualifying investments (bonds, real estate, business) Citizenship after 5 years (requires PR status) Processing time 2 months. EU passport for family and children. It may, technically, not be right to call it a citizenship by investment program. In our current article we have tried to answer the most frequently asked questions by our clients, related to obtaining Bulgarian citizenship through investment. 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