Bulgaria
Permanent Residency Programmes
The Permanent Residency Program in Bulgaria is a popular choice for those looking to establish long-term residency in the country. Here’s a general overview:
01
Requirements
Requirements:
- Investment: Typically, this involves making a significant financial investment in Bulgaria. The minimum amount can vary depending on the type of investment.
- Business Investment: For instance, investing in a Bulgarian company or establishing a new business can qualify. The investment amount can vary, but it often starts around €512,000.
- Real Estate: Purchasing property of a certain value may qualify. The minimum investment is usually around €300,000.
- Residence Permit: You generally need to hold a temporary residence permit in Bulgaria for at least 5 years before applying for permanent residency.
02
Benefits
Permanent Residency:
- Residency: Allows you to live and work in Bulgaria without restrictions.
- Travel: Facilitates travel within the Schengen Area for short stays.
- Path to Citizenship: Permanent residency is a step towards Bulgarian citizenship, which typically requires an additional 2 years of residency.
- Quality of Life: Bulgaria offers a low cost of living, beautiful landscapes, and a favorable climate.
- It’s always a good idea to consult with a local immigration expert or legal advisor to get the most accurate and personalized information based on your situation.
03
Fees:
Application Fee:
- This can range from €500 to €1,000, depending on the specifics of your application and legal assistance needed.
Investment Costs
- These vary based on the type of investment you choose.
Legal Fees
- If you use a lawyer or consultancy service, their fees can range from €2,000 to €5,000 or more, depending on the complexity of your case.
