bulgarian residence permit by investment

You will be called to have your picture taken. The Bulgarian program is stipulated in the articles of two important Bulgarian laws, namely the Law for Foreigners in the Republic of Bulgaria and the Law for the Bulgarian Citizenship. Many reputable firms market the program as a CIP, others as a residency program, and others yet stay away from it entirely. Holders of a permanent residence permit are entitled the same rights and obligations that come with Bulgarian citizenship except those which are explicitly forbidden (e.g. Bulgaria Citizenship by Investment. Permanent Residence in Bulgaria Permanent Residence by Investment in Government Bonds. This earns you the same rights as a Bulgarian citizen, other than the right to vote. Long-term residence status is one of the possibilities that Bulgaria provides to foreigners – third-country nationals, since 2011. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. join a research group, are involved in a research project). We would like to remind our readers that normally (without investment) foreigner must first obtain temporary residence permit in Bulgaria, then renew it annually, and only after 5 years or residence is entitled to apply for permanent residency. Art. In return a permanent residence permit issued and the person can live in Bulgaria for an indefinite period of time. There is a fee of 500 BGN for the 1 year period. Permanent residence permits for an indefinite period of time The most common grounds for issuance of long-term residence permits are: The Foreign citizen is a member of the management or supervisory bodies of a Bulgarian company 10 of the Foreigners in the Republic of Bulgaria Act. 25 (1) of the Law for Foreigners in the Republic of Bulgaria states that a Permit for permanent residence may be obtained by a … It is possible to fast track the citizenship option by increasing the investment amount a further €511,292. Bulgarian law on immigration was significantly amended by the Republic of Bulgaria Act, which has some important implications for non-nationals. The Investment Promotion Act (IPA) of Bulgaria regulates the trade representative office. This list contains ALL residency by investment programs and retirement schemes and solutions. Bulgarian Residence for Pensioners How to obtain a Bulgarian Pensioner D visa and residence permit. Persons who have invested at least BGN 6 million in the capital of a Bulgarian company whose shares are not traded on a regulated market; Persons who have received a certificate for class investment / priority investment project. The purchase of Bulgarian Government Bonds is the best option for candidates with funds available for such volume of investment. Who qualifies for a Bulgarian temporary residence permit? Under Article 53quater (5) of the Immigration Law, a foreign investor who has carried out an investment in a new or an existing company and has been granted a residence permit may request a business permit (autorisation d’établissement) to carry out artisanal, commercial or industrial activities or certain liberal professions (e.g. The Bulgarian residence is a precondtion to qualify for tax residency status in Bulgaria. The investment is fully guaranteed by the government bonds. Bulgaria: The latest Bill(s) and legal amendments of the Bulgarian Citizenship by Investment program.Read more.. Hong Kong: The situation in Hong Kong is running out of control (summer 2019).Bulgarian citizenship is a life saver. You will submit your application to the National Migration Directorate in Bulgaria no later than 60 days before your long-term residency permit expires. It is a status that allows for unrestricted travel within the territory of the European Union. This entitles the person to the same rights as a Bulgarian citizen, except the right to vote. In exchange for a safe, state-guaranteed and fully refundable investment of 512,000 EUR, applicants from all nationalities can obtain permanent residence with only a single visit to Bulgaria. – Investment of at least 500 000 Lev in local company, where the investor is a shareholder and owns not less than 50% of the raising capital, and assets of the same value have been acquired, together with 10 job positions opened for Bulgarian citizens for the term of the residence… Investing is … Double the investment by purchasing €512,000 in government bonds or in the capital of a Bulgarian company that is carrying out a Priority Investment Project (as defined in the Investment Promotion Act). This means that after holding a residence permit for at least 1 year, candidates who have made an initial investment of €512,000 can double their investment to the total amount of €1,024,000. Later you can apply for a Bulgarian residence permit. Bulgarian Citizenship by Investment Program was introduced back in 2014 by changes in Bulgarian Citizenship Act and Foreigners in the Republic of Bulgaria Act and since then it has been offering different opportunities to foreign business investors to gain fast track Bulgarian citizenship in a … A permit can be granted to family members of a Bulgarian citizen or foreign citizen residing in the country on an extended, long-term, or permanent residence permit under extraordinary circumstances. Permit permanent residence gives the same rights as a Bulgarian residence permit Bulgaria! For non-nationals third-country nationals, since 2011 the status of cohabiting couple that Bulgaria provides foreigners... Bulgaria no later than 60 days before your long-term residency permit expires allows entries..., and B to Bulgaria and other EU countries for British citizens after Brexit participating in the political by. 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