WHY CHOOSE BULGARIA?
As one of the newest members of the Schengen Area and a proud member of the European Union (since 2007) and NATO (since 2004), Bulgaria offers a unique blend of rich cultural heritage, a pleasant climate, and a strategic location in Southeast Europe. The Investor Program for Permanent Residence in Bulgaria provides a streamlined pathway to make this vibrant country your home.
Benefits of the Program:
- Quick processing for permanent residency (6 to 9 months)
- Legal exemption from physical residency requirements;
- Secure investment in a licensed and regulated investment fund
- Permanent residency can be passed down to future generations
- Temporary residency options for financially dependent parents
- Lifetime permanent residency
Benefits for Permanent Residents:
- Freedom to travel across Schengen countries.
- Competitive tax rates and a business-friendly environment within the EU.
- Access to top-tier healthcare services in Bulgaria and the EU.
- High-quality educational opportunities within the country.
Eligibility Criteria:
The Investor Program for Permanent Residence is governed by the Foreigners in the Republic of Bulgaria Ac.
To qualify, applicants must meet the following requirements:.
- Be a non-EU citizen.
- Hold a valid passport or equivalent travel document.
- Provide documentation verifying the source and origin of funds.
- Have no criminal record.
- Pay applicable fees.
- Complete the minimum required visits to Bulgaria.
Investment Options
Individuals born in restricted countries (Afghanistan, Iran, Iraq, North Korea, Somalia, Yemen, Sudan) but who migrated before adulthood and have maintained permanent residency in countries like Canada, the U.S., the U.K., Australia, New Zealand, Saudi Arabia, or the UAE for at least 10 years may still qualify, provided they have no economic ties to restricted nations.
ELANA Bulgaria Mutual Fund
Key Bridge Advisers collaborates with ELANA Fund Management, one of Bulgaria’s pioneering asset management companies. With over 20 years of expertise in fund management, ELANA is part of the oldest non-banking financial institution in Bulgaria, renowned for its leadership and innovation in the finance and investment sector for more than 32 years.
ELANA Fund Management oversees 8 mutual funds and manages assets close to 100 million EUR. It is one of the few mutual funds that meet the requirements of the Foreigners in the Republic of Bulgaria Act, making an investment in its units eligible for permanent residence in Bulgaria.
The investment fund must comply with the criteria outlined in the Foreigners in the Republic of Bulgaria Act:
- Minimum net asset value of the fund: 5,000,000 BGN.
- Licensed by the Bulgarian Financial Supervision Commission.
- The investment strategy focuses on shares and/or bonds of Bulgarian companies listed on a regulated market or multilateral trading system in Bulgaria.
Investment process
To qualify as a foreign investor in Bulgaria, applicants must undergo preliminary verification and approval by the Invest Bulgaria Agency, the government authority overseeing foreign investments in the country.
Key Bridge Advisers fully supports and represents clients throughout the pre-approval process.
Once the Invest Bulgaria Agency provides a positive opinion and issues an official statement, applicants can proceed with the permanent residence process. The next step involves applying for a Visa D at the accredited Bulgarian diplomatic mission in their country of residence or nationality.
Application fees
Fees associated with the Investor Program for Permanent Residence in Bulgaria include government application fees, legal and translation fees, and service fees for background verification and source of funds validation.
All fees charged by the Bulgarian government and Key Bridge Advisers are subject to change. These fees vary depending on the number of applicants and the complexity of the process. For further details or inquiries, please feel free to contact us.
Which Countries Offer Residency by Investment Programs?
Antigua & Barbuda
Dominica
Grenada
Saint Lucia
Malta
