The Bulgarian Residence by Investment regains competitive advantage

Bulgarian Residence by Investment

At the end of this month, March 31, 2024, Bulgaria will become part of the Schengen zone starting with lifting controls at air and sea borders. This means that holders of Bulgarian residence will be able to travel to Germany, France, Spain and other countries of the zone without a visa. Members of the European Commission decided that Bulgaria’s inclusion in Schengen would promote the development of trade and tourism. In addition, new conditions for traveling around Europe may return The Bulgarian Residence by Investment program to the Golden Visa map. 

Note that Bulgaria joined the EU in 2007 but wasn’t the part of the Schengen zone until 2014. The Schengen area includes 27 countries and extends over an area of ​​more than 4 million square kilometers with a population of almost 420 million people. Together with Romania and Bulgaria, the Schengen area will grow to 4.5 million square kilometers with a population of 450 million people.

Once Bulgaria was famous on the market of immigrational services for HNWI because of its fast-track citizenship by investment. But that option is no longer on the cards, you can only obtain Bulgarian Residence by Investment.

Bulgarian Residence by Investment aka Golden Visa terms. Investment options

BGN 1 million investment in UCITS, ETFs and AIFs funds

 focused on Bulgarian market. Most requested option so far – about 511,494 Euro.

BGN 2 million investment in Stocks

of a listed company traded on the Bulgarian Stock Exchange-Sofia (about 1,022,892 Euro)

BGN 2 million investment in companies

involved in Certified Priority Investment Project.

BGN 500,000 investment in companies employing Bulgarian staff

(not less than 10 employees). Investment sum is about 255,645 Euro.

BGN 6 million investment in local private companies

about 3,067,764 Euro.

Bulgarian Residence by Investment process
  • Undergo pre-clearance via the Bulgarian Investment Agency (BIA). Procedure aims to provide assurance for anti-money laundering law purposes.
  • Present a bank reference for Bulgarian account (local currency or in euro).
  • Apply for a long-term D visa.
  • Visit Bulgaria to apply for Bulgarian Residence (PR).


Other options in Europe

Portugal is now offering a similar investment scheme. A golden visa can be obtained by investing 500,000 Euro in an authorized venture fund. But the wait for a decision on the application will definitely be more than a year. If investing in securities is not for you, we recommend taking a look at the Greek program, where you can still purchase personal property for an amount starting from 250,000 Euro to apply for a Golden Visa.

For investors we offer a wide range of Citizenship by Investment Programs to choose from. Please, contact Apex Capital Partners to get more information and ask personal questions. You can get free consultation from Apex Capital Partners on the program of Citizenship of Turkey, Portugal’s Golden Visa. As well as Cyprus, Caribbean (Citizenship of St. Kitts and Nevis, Dominica, Grenada, Saint Lucia, Antigua). Ask your question –

If you are a private banking specialist, a family lawyer, or work as a financial consultant in Middle East, Africa, China or any other region of the world, do not hesitate to contact Apex Capital Partners and become a partner, a part of our strong professional network. APEX has all the main local agent licenses to work with Citizenship by Investment Programs, including all key Caribbean CIPs. Please contact – Armand Tannous,

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Apex Capital Partners


Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and St. Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.

European citizenship by investment


European Citizenship by Investment is becoming increasingly popular across the globe. We will answer the questions where can I get second passport EU and what countries would be interesting for EU citizenship through investment?


The experience of Apex Capital Partners with the real estate market allows us to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.

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