The benefits of obtaining a Bulgarian passport via the Program for Residence and Citizenship include low taxation, capital investment and operating costs, and access to citizenship in the European Union. Those seeking a Bulgarian passport are generally rewarded by Bulgaria’s strategic location within Europe, leveraging Bulgaria’s visa-free travel agreements with more than 140 countries.
Further, those who pursue second citizenships and ultimately choose Bulgaria, benefit from its Program for Residence and Citizenship that does not require participants to reside permanently in the country.
Bulgaria has a lot of room for expansion in the raw materials industry, holding readily available facilities and huge unrealized/untapped potential in this sector. Bulgaria is going through rapid economic growth, giving way to lots of opportunity for business development.
Bulgarian citizenship offers lower cost access to a market of over 500 million people, and registration for a business is quite simple, allowing for completion within 5 days.
They have the lowest tax rate and labor costs in the EU. Corporate and tax laws are only 10%, plus there are tax incentives for many diverse types of business investments.
Schooling is mandatory until the age of 16 in Bulgaria, with many of them emphasizing language skills.
You’ll find 51 institutions of higher education in Bulgaria, which are very similar to universities you’d find in most developed countries.
Housing and Real Estate
The prices of housing and land in Bulgaria are quite low, among the lowest in Europe. This means that those with a Bulgarian passport and citizenship can put those cost savings into other investments or purchase a much more lavish home than you may be able to in your home country.
The cost-to-quality ratio of health services in Bulgaria is very attractive to people from around the world, especially Western Europe.
Bulgaria has a universal health care system assisted by a 2.9% personal tax along with employer contribution.
Bulgarian citizenship gives you access to health care that has moved forward so much that medical tourism has become quite popular; it’s quality care at a lower cost than most are used to paying.
BENEFITS OF BULGARIAN PASSPORT
– Opportunity to live in any EU country
– Investment loans granted by leading Bulgarian financial institutions
– Residency in Bulgaria not required
– No taxes levied on investors not residing in the country
– Low income tax rate (10%)
REQUIREMENTS FOR BULGARIAN PASSPORT
– Possession of a valid passport
– Documented proof of the source of invested funds
– The investor must not have a previous criminal record
OPTION 1 (STANDARD)*
BGN 1 million (EUR 511,292)
Invest in a fully-guaranteed government bond portfolio for five years
At term, the investment is returned to the investor without accrued interest
OPTION 2 (FAST-TRACK)*
Invest BGN 1 million (EUR 511,292) in government-guaranteed bonds
Invest an additional BGN 1 million (EUR 511,292) one year later
Hold both investments for two years (minimum) after citizenship is granted
This option requires one year of permanent residency (minimum)
* may be financed through Apex Capital Partners Corp. via a one-time irrecoverable investment.
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« A second citizenship will last for generations; you will be able to pass it on to your children and grandchildren.»