In order to be considered a qualified investor under the Bulgaria-EU Immigrant Investor Program, an applicant should invest €511,292 into a five-year government bond. The applicant can chose between the following investment options:
Bulgaria is a Balkan country in southeastern Europe. It is bordered by Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east.
Population is around 7 million.
Bulgarian is the official language.
Bulgaria has a temperate-continental climate with moderate features, which is characteristic for Central Europe, with hot summers, long, cold winters, and very distinct seasons. Abundant snowfalls may occur throughout the country from December to mid-March, especially in the mountainous areas.
Sofia is the capital of Bulgaria.
Eastern European Time UTC+2:00.
Bulgaria has an emerging market economy in the upper-middle income range. The economy of Bulgaria functions on the principles of the free market, where the private sector accounts for more than 80% of GDP. The currency is the Bulgarian lev (BGN).
Do I have to live in Bulgaria to maintain my permanent resident status?
No. The uniqueness of the program is that the applicant and his qualifying family members are exempted from having to live in Bulgaria during their 5-year residence period, unless they want to.
Do I need a physical address in Bulgaria?
Yes. The main applicant must have a physical address when he applies for a Bulgarian visa D and other statutory stages within the program. Once I obtain the permanent residence permit, do I have to pay taxes in Bulgaria? No, unless you decide to conduct business in Bulgaria or to physically reside in Bulgaria for more than 183 days within 12 consecutive months.