Bulgaria is situated in Southeastern Europe and is known for its diverse landscapes ranging from the Black Sea coastline to its mountainous interior. It boasts a rich cultural heritage with historical influences from Greek, Slavic, Ottoman, and Persian civilizations, evident in its architecture, traditions, and archaeological sites. Bulgaria’s economy is characterized by its strong agricultural sector, growing technology industry, and a steady influx of tourism, driven by its historical sites and natural beauty.

Investment Requirements: Bulgaria’s Citizenship by Investment program provides two main investment paths to citizenship:

1. Standard Track: Investors must deposit BGN 1 million (approximately €511,000) into a Governmental Bond Portfolio for a period of five years. The investment is fully guaranteed and returned to the investor without interest at the end of the period.
2. Fast Track Option: By doubling the investment to BGN 2 million (about €1,022,000) in the same Governmental Bond Portfolio or by investing in a certified priority investment project, applicants can expedite their citizenship application and may qualify within two years.

Duration: The typical processing time for the Standard Track is around 5 to 6 years (including the mandatory residency period), while the Fast Track option can reduce this period to approximately 2 to 3 years.

Eligible Family Members: The Bulgaria Citizenship by Investment program includes provisions for family members, covering:

• Spouse of the main applicant
• Dependent children, including those over 18 if they are students and financially dependent on the main applicant
• Dependent parents who are financially reliant on the main applicant

Benefits: Key benefits of the Bulgaria Citizenship by Investment program include:

• EU Citizenship: As Bulgaria is a member of the European Union, its citizens have the right to live, work, and study anywhere within the EU.
• Visa-free or visa-on-arrival access to over 170 countries, including all of the EU and Canada.
• Dual citizenship is allowed, enabling individuals to maintain their original nationality alongside their Bulgarian citizenship.
• Tax advantages: Bulgaria offers favorable tax rates, including a flat 10% income tax rate, which is among the lowest in the European Union.
• Strategic location: Positioned at the crossroads between Europe and Asia, Bulgaria offers significant business opportunities and access to EU markets.

Bulgaria Citizenship by Investment program stands out for offering a straightforward path to European citizenship, which is highly attractive for investors seeking mobility, security, and business opportunities in the EU.