Bulgarian Government in order to attract foreign investment has allowed inventors to obtain Permanent Residence Permit and become eligible for Bulgarian Citizenship. According to the Bulgarian Citizenship Act, foreign investors who hold a Permanent Residence Permit for 5 years may apply for Bulgarian citizenship.
Bulgaria is a member of European Union (EU) and with a population of over 7 million and the historic Sofia as its capital, allows investors to gain access to the European markets.
Qualifications:
Net-worth of over €1,000,000
Investment of €511,000 for 5 years or a one-time payment of €170,000
No criminal record
Proof of source of funds
Program Benefit:
Fast track process ( 6 to 9 months)
Exemption from physical residence
Government approved investment and bank financing
Bulgarian(European) citizenship
Access to free heath care and education