Frequently Asked Questions

You have questions? We have the answers.

About our Bulgarian Citizenship Products

The Bulgarian Citizenship by Investment Program is affordable and very competitive compared to similar programs of other countries. It allows the applicant and the immediate family to become EU citizens at a very low cost, and within a short period of time. There are no residency and language skill requirements to meet. When being provided with citizenship in only 18 months (fast track), or in 60 months (standard track), Bulgarian citizens have the right to live, work and study in any of the 27 EU countries, including Switzerland and Norway, due to the bilateral agreements with the EU.

Learn more about our products and its refundable and non-refundable prices in the table below.

Product Name Product Summary Time to Permanent Residency Time to Bulgarian Citizenship Investment in EUR (refundable) All-in Handling Fee in EUR (non-refundable) Total in EUR
Equity Financing I We finance Equity worth EUR 512,000 using the all-in handling fee. The applicant holds it for 60 months. 6 months 60 months 0 185,000 185,000
Equity Financing II We finance Equity worth EUR 1,024,000 using the all-in handling fee. The applicant holds it for 60 months. 6 months 18 months 0 270,000 270,000
Bond Financing I We finance the purchase of 1 Bulgarian Government Bond using the all-in handling fee. The applicant holds it for 60 months. 6 months 60 months 0 210.000 210,000
Bond Financing II We finance the purchase of 2 Bulgarian Government Bonds using the all-in handling fee. The applicant holds them for 60 months. 6 months 18 months 0 330,000 330,000
Property I 1) Applicant invests in 1 Golf Course Villa and 1 Apartment, and holds them for 84 months. 6 months 18 months 412,000 88,00 500,000
Property II 1) Applicant invests in 2 Apartments, and holds them for 84 months. 6 months 18 months 412,000 88,00 500,000
Government Bond I Applicant invests in 1 Bulgarian Government Bond, and holds it for 60 months. 6 months 60 months 512,000 88,000 600,000
Government Bond II Applicant invests in 2 Bulgarian Government Bonds, and holds them for 60 months. 6 months 18 months 1,024,000 88,00 1,112,000
Life Insurance Financing Starter 1)

Applicant invests only EUR 250,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 750,000, with no annual return, and holds it for 5 years. The remaining EUR 500,000 is financed through us.

6 months 60 months 250,000 30,000 280,000

2) At any time, applicant can opt for the fast track (18 months) by investing a further EUR 250,000, making the total investment EUR 500,000. We further finance EUR 500,000, leading to the new Insurance Premium of EUR 1,500,000.

2) 18 months 2) 250,000 2) 0 530,000
Life Insurance Financing I 1)

Applicant invests only EUR 500,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 1,500,000, with no annual return, and holds it for 5 years. The remaining EUR 1,000,000 is financed through us.

6 months 18 months 500,000 30,000 530,000
Life Insurance I 1)

Applicant invests a minimum of EUR 1,500,000 with annual return in a Unit Linked Life Insurance (first insurance), and holds it for 5 years.

To increase the death benefit, applicant invests in a Universal Life Insurance (second insurance), with leverage, financed by a loan based on the insurance cash value of the Unit Linked Life Insurance (first insurance). This second Life Insurance provides annual guaranteed and non-guaranteed returns.

6 months 18 months 1,500,000 30,000 1,530,000
Life Insurance Financing II 1)

Applicant invests only EUR 750,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 1,500,000, with no annual return, and holds it for 8 years. The remaining EUR 750,000 is financed through us. In addition to Bulgarian citizenship, applicant receives:

  • St. Lucia citizenship in 90 days;
  • Global Health Insurance.
6 months 18 months 750,000 30,000 780,000
Life Insurance II 1)

Applicant invests a minimum of EUR 1,500,000 with annual return in a Unit Linked Life Insurance (first insurance), and holds it for 8 years. In addition to Bulgarian citizenship, applicant receives:

  • St. Lucia citizenship in 90 days;
  • Global Health Insurance.

To increase the death benefit, applicant invests in a Universal Life Insurance (second insurance), with leverage, financed by a loan based on the insurance cash value of the Unit Linked Life Insurance (first insurance). This second Life Insurance provides annual guaranteed and non-guaranteed returns.

6 months 18 months 1,500,000 30,000 1,530,000
Life Insurance Financing III 1)

Applicant invests only EUR 1,000,000 in a Unit Linked Life Insurance with an Insurance Premium of EUR 2,000,000, with no annual return, and holds it for 8 years. The remaining EUR 1,000,000 is financed through us. In addition to Bulgarian citizenship, applicant receives:

  • St. Lucia citizenship in 90 days;
  • Global Health Insurance;
  • Visa of US, Canada, or Australia, which can lead to permanent residency.
6 months 18 months 1,000,000 30,000 1,030,000
Life Insurance III 1)

Applicant invests a minimum of EUR 2,000,000 with annual return in a Unit Linked Life Insurance (first insurance), and holds it for 8 years. In addition to Bulgarian citizenship, applicant receives:

  • St. Lucia citizenship in 90 days;
  • Global Health Insurance;
  • Visa of US, Canada, or Australia, which can lead to permanent residency.

To increase the death benefit, applicant invests in a Universal Life Insurance (second insurance), with leverage, financed by a loan based on the insurance cash value of the Unit Linked Life Insurance (first insurance). This second Life Insurance provides annual guaranteed and non-guaranteed returns.

6 months 18 months 2,000,000 30,000 2,030,000

1) This Bulgarian immigration product is worldwide unique. Please note that we work directly with the inventor.

The Bulgarian Citizenship by Investment Program differentiates between the standard track and the fast track citizenship application procedures. Our products Equity Financing I, Bond Financing I, Government Bond I, and Life Insurance Financing Starter are standard track citizenship application procedures, which take 60 months for the applicant to receive Bulgarian citizenship and passport. All other products are called fast track citizenship application procedures, which take only 18 months for the applicant to receive Bulgarian citizenship and passport.

Our non-refundable products Equity Financing I and Equity Financing II are newly developed and only available since September 2017. The products are similar to the well-known products Bond Financing I and Bond Financing II. These two products categories only differ regarding the underlying investment, which is either into Bulgarian Stock Exchange listed Shares, or into Bulgarian Government Bonds.

Whether the underlying investment is into Shares or Government Bonds, this does not make any difference for the applicant, as these products are financed either way. There is also no pricing, or no currency risk for the applicant involved.

In the view that both product categories are the same from the applicant’s perspective, the Equity Financing products are most attractive due to its affordable price. The product Equity Financing I is the cheapest product worldwide that leads to Bulgarian citizenship and passport.

Our Life Insurance products are worldwide unique because we offer EU citizenship, St. Lucia citizenship, a Visa of either US, Canada, or Australia which can lead to permanent residency, and a Global Health Insurance, for an investment into a Life Insurance. Our Swiss Family Office partner spent several years to invent these outstanding Life Insurance products. Our products are supported and run by major insurance and insurance brokerage companies, approved by the involved immigration departments.

Our product Life Insurance Financing Starter requires a minimal and refundable investment of only EUR 250,000. To reach an insurance premium of EUR 750,000, we finance the remaining EUR 500,000.

This standard track product involves a waiting period of 60 months after Bulgarian permanent residency has been granted, until the applicant can submit the application for citizenship. The applicant can opt to shorten the waiting period by investing another EUR 250,000, which alters the standard track product to a fast track product. We further finance the applicant with EUR 500,000, which raises the total insurance premium from EUR 750,000 to EUR 1,500,000. The applicant can immediately submit the application for Bulgarian citizenship, unless permanent residency status has been granted less than 12 months ago.

This worldwide unique product allows the applicant to enter the application procedure with a refundable payment of only EUR 250,000 into a Unit Linked Life Insurance. This also provides the applicant with an option to shorten the time period, and to switch to a fast track product at any time, by investing another refundable amount of EUR 250,000.

The applicant invests a minimum amount of EUR 1,500,000 into a Unit Linked 101% Life Insurance with an expected annual ROI of 3%-4%. This investment provides the applicant with Bulgarian permanent residency within 6 months and with citizenship in 18 months. The same citizenship application also includes further applications of the applicant’s immediate family (husband, spouse and children of any age).

The applicant has the option to buy back the Life Insurance at any time after the minimum holding period of five years. The investment is not lost.

If requested, the applicant can receive a tax-free non-repayable loan of up to EUR 900,000 (60% of the insurance premium) which can be used without any restrictions. In addition to this, the loan is interest free, which is extremely attractive for our Arab applicants. The non-repayable loan and the interest payments are both settled by the insurance company within the Life Insurance policy.

In case the applicant wants to increase the death benefit, the loan, as well as further cash can be invested with leverage into a Universal Life Insurance with a second insurance company. Many applicants choose this option due to security reasons.

We provide our applicants with a personal address in Bulgaria (which will also be used for the Life Insurance companies regarding taxes). The lease for this service costs EUR 1,900 for a period of two years and is already included in the price of the product and not additionally charged.

Some of our applicants invest up to EUR 10,000,000 in our product Life Insurance I, as the advantages of having a Life Insurance an ROI of 3%-4% p.a., a tax-free non-repayable loan, no interest rates on the loan, highest tax optimized security of wealth, and the option to considerably increase the death value, are unbeatable investment arguments.

Our worldwide unique EU citizenship product Life Insurance I costs EUR 1,500,000 (plus non-refundable all-in handling fee of EUR 30,000), which is more expensive than our Government Bond II product, which costs only EUR 1,024,000 (plus non-refundable all-in handling fee of EUR 88,000). Both products provide our applicants with Bulgarian permanent residency within 6 months and with citizenship in 18 months. The investment into both products is refundable.

Many applicants choose our EU citizenship product Life Insurance I for EUR 1,500,000, which provides a Unit Linked 101% Life Insurance, an ROI of 3%-4%, a tax-free non-repayable loan of up to EUR 900,000 (60% of the insurance premium), a tax-free non-repayable loan, no interest rates on the loan, and highest tax optimized security of wealth. Considering the non-repayable loan of up to EUR 900,000, this product only costs EUR 600,000, which is about 60% of the investment amount of the Government Bond II product.

Please note that with our product Life Insurance Financing I, we finance EUR 1,000,000 of the insurance premium. Our applicants would only have to invest EUR 500,000 to receive an insurance premium of EUR 1,500,000. This makes it the most affordable Life Insurance product with the lowest investment amount.

The products Life Insurance Starter and Life Insurance I (non-financed and financed) only provide our applicants with Bulgarian citizenship and have a holding period of five years. The other two products (non-financed and financed) offer an additional St. Lucia citizenship, a Visa of either US, Canada, or Australia which can lead to permanent residency, and a Global Health Insurance, with a slightly longer holding period of eight years.

Alike the Bulgarian Citizenship by Investment Program, the main application for St. Lucia citizenship also includes further applications of the immediate family (husband, spouse and children of any age).

Overview
Life Insurance products, with and without financing
Life Insurance Financing Starter
Life Insurance (Financing) I
Life Insurance (Financing) II Life Insurance (Financing) III
  • Unit Linked Life Insurance
  • Bulgarian citizenship in 60 / 18 months
  • Unit Linked Life Insurance
  • Bulgarian citizenship in 18 months
  • St. Lucia citizenship in 90 days
  • Global Health Insurance
  • Unit Linked Life Insurance
  • Bulgarian citizenship in 18 months
  • St. Lucia citizenship in 90 days
  • Global Health Insurance
  • Visa of USA, CAN or AUS
Premium EUR 750,000 / EUR 1,500,000 EUR 1,500,000 EUR 2,000,000
Premium Financing EUR 500,000 / EUR 1,000,000 EUR 750,000 EUR 1,000,000
Net Premium EUR 250,000 / EUR 500,000 EUR 750,000 EUR 1,000,000
Holding Period 5 Years 8 Years 8 Years

It takes only 90 days to receive citizenship of St. Lucia. All applications of the immediate family (husband, spouse and children of any age) are filed together with the application of the main applicant. The very short time period and the bulk filing of all applications makes the St. Lucia Citizenship by Investment Program the best non-European solution.

It takes 18 months for an applicant to receive Bulgarian citizenship via one of our fast track products in the Bulgarian Citizenship by Investment Program. St. Lucia citizenship, which is provided in 90 days, can bridge the gap until the issuance of Bulgarian citizenship, should the applicant wish to travel, live, or work visa-free in the UK.

Our product Life Insurance III offers a Unit Linked Life Insurance, citizenship of Bulgaria and of St. Lucia, as well as a Global Health Insurance, and a US, Canada, or an Australia Visa.

Apart from our US Visa option, we also offer a US Green Card product, whereby applicants apply for a US L-1A Visa, which leads to a US EB-1C Green Card after around two years. The Canada Visa option is provided via the Canadian Investment immigration Program. The Australia Visa option is a Visa 457, which is based on an intra-company transfer. All three Visa options can lead to permanent residency in the respective country.

It is correct that the Bulgarian Citizenship by Investment Program does not offer a Property option. Applicants must invest into Shares or into Government Bonds to meet the investment requirements of the program. We have created two worldwide unique Property products, which have an underlying financing of Shares, or of two Government Bonds, for our applicants to receive their Bulgarian permanent residency within 6 months and their citizenship in 18 months.

We offer two Property products for the investment amount of EUR 412,000. In addition, we charge our applicants a handling fee of EUR 88,000. The total price of EUR 500,000 provides our applicants and their immediate family with Bulgarian permanent residency within 6 months and with citizenship in 18 months. It also includes all legal and handling fees regarding the purchase of the golf course villa and / or the apartment.

Product Property I
Product Property II
  • 2 Apartments in Sofia

Our golf course villas and our apartments are not government approved. Please note that we must collect the returns for the first seven years, for us to co-finance the underlying Shares or Government Bonds.

The return of the first seven years is used to co-finance the underlying investment into Shares or Government Bonds, which is required for you to receive Bulgarian permanent residency within 6 months and citizenship in 18 months.

Unfortunately, your investment into property in Bulgaria will not provide you with Bulgarian permanent residency and citizenship, because the Bulgarian Citizenship by Investment Program does not offer this option.

Nevertheless, there are two ways worth checking for you to receive Bulgarian citizenship:

  • You can look for a bank which provides you with a loan based on your Bulgarian property. You can then invest this loan into any of our fast track products, which provide you with Bulgarian permanent residency within 6 months and citizenship in 18 months, starting at EUR 270,000.
  • You can purchase additional Bulgarian property and choose to invest in one of our two worldwide unique Property products.

See also question “The Bulgarian Citizenship by Investment Program does not provide the option to invest in Bulgarian property. How is it possible that you offer two Property products which provide Bulgarian citizenship?”

Fees

Apart from the investment amount, the applicant is charged with an all-in handling fee which covers all our services, such as:

  • All legal fees by our law firm (includes all applications of the immediate family);
  • Opening a bank account with a Bulgarian bank in the applicant’s name to handle the investment;
  • All activities regarding the investment option chosen by the applicant;
  • Accompanying our applicant to the Bulgarian embassy / consulate to apply for the Visa D;
  • Accompanying our applicant in Bulgaria when applying for permanent residency status;
  • Providing our main applicant with a Bulgarian address.

Note that there is no handling fee charged on our Life Insurance products. Please contact us via the contact form for detailed information about our services and fees.

Our service fee is included in the all-in handling fee. Regarding our Life Insurance products, where there is no all-in handling fee charged, please note that our Life Insurance company pays our service fee.

There are no additional fees charged on top of our product prices, which makes us the provider with the cheapest prices for the Bulgarian Citizenship by Investment Program worldwide.

Our product prices include all government fees. There are no additional fees charged on top of our product prices, which makes us the provider with the cheapest prices for the Bulgarian Citizenship by Investment Program worldwide.

The minimum amount to receive Bulgarian permanent residency via our standard track product Equity Financing I is EUR 185,000. Permanent residency is provided within 6 months. Bulgarian citizenship, which allows the applicant to live, work and study in any of the 27 EU countries, including Switzerland and Norway, is included and is provided in 60 months.

Permanent residency within 6 months and Bulgarian citizenship in 18 months is provided via our fast track product Bond Financing II for the amount of EUR 270,000.

We differentiate between the investment amount and the all-in handling fee. The applicant invests into Property, Government Bonds, or Life Insurances, to meet the requirements to apply for Bulgarian permanent residency and citizenship. Only for some products, we charge the applicant a handling fee in addition to the investment amount to cover our services. After Bulgarian citizenship has been received, the applicant has the option to sell the investment as it is no longer required to be held. Thus, the investment is refundable, whilst the all-in handling fee is non-refundable.

Please note that there is no investment required for our Equity Financing, and our Bond Financing products. We only charge the applicant an all-in handling fee and we finance the Shares, or the Government Bonds ourselves. In these cases, the all-in handling fee is non-refundable as well.

The total amount for a particular Bulgarian citizenship product has to be a one-off payment. To meet the investment requirements of the Bulgarian Citizenship by Investment Program, the applicant must buy the chosen investment, such as Properties, Government Bonds, or Life Insurances in advance before the application procedure can start. We also charge the full all-in handling fee for our Equity Financing and our Bond Financing products in advance, to be able to finance the Shares, or the Government Bonds for the applicant.

We do reimburse 90% of the all-in handling fee in case the application for your Visa D or permanent residency is unsuccessful. Be aware that there is no refund in the following cases:

  • You do not pass character / personality checks;
  • You do not pass an interview due to inadequate / inappropriate conduct;
  • You give false, incomplete, wrong or misleading information / documents;
  • You fail to provide any necessary information / documents within required timeframe;
  • You decide not to migrate or decide to discontinue any procedure;
  • You are unable to migrate or continue any procedure due to changes in migration requirements, laws or regulations occurring, after our agreement was signed;
  • You are unable to comply with changes of the migration regulations, laws or renewed policies during the Visa D, permanent residence or citizenship applications, and you are unable to continue an application due to ineligibility;
  • An application is unsuccessful due to other reasons of your doing.

Application procedure

Under the standard track option, the applicant may file for Bulgarian citizenship after five years in permanent residency status. Under the fast track option, the entire process from application filing to receiving Bulgarian citizenship takes only 18 months. This makes the Bulgarian Citizenship by Investment Program the most affordable and one of the fastest options for international investors looking to receive EU citizenship.

Step 1 – Contact us:

Please use our contact form to receive a detailed quote for you and your immediate family. This initial consultation is free of charge.

Step 2 – Document preparation:

Should you wish to proceed with an application, you would sign a service agreement to allow our associated immigration law firm in Bulgaria to commence the application procedure. The firm will gather all required application documents from you and will open a bank account in Bulgaria in your name.

Step 3 – Investment funding and / or payment of all-in handling fee:

You will be asked to transfer the investment amount and / or the all-in handling fee to your bank account in Bulgaria, or pay the insurance premium if you choose any of our Life Insurance products.

Step 4 – Visa D application:

You have to apply for a Visa D at any Bulgarian embassy / consulate in your country of residence, which will be issued for you within three to four weeks.

Step 5 – Permanent residency application:

Using the Visa D, you travel to Bulgaria to apply for permanent residency status, which is completed in one day. This is the only time where travelling to Bulgaria is required.

Step 6 – Approval letter for permanent residency status:

After four to six weeks, the Bulgarian government issues and sends an approval letter, granting you with permanent residency status. In case you would like to receive a plastic permanent residency card after being provided with the status, you have to travel to Bulgaria for a second time to pick it up. Note that most of our applicants do not pick up their plastic permanent residency card, as the permanent residency status is granted via the approval letter issued by the government.

Step 7 – Citizenship application and passport:

After 12 months in permanent residency status, if using the fast track option, you may file for Bulgarian (EU) citizenship. There is no requirement to live in Bulgaria during this 12 months’ period.

Step 8 – Approval letter for citizenship status:

Up to 6 months later, the Bulgarian government sends you the approval letter which confirms your Bulgarian citizenship. You can travel to Bulgaria to pick up your Bulgarian (EU) passport, or you can opt to visit the Bulgarian embassy / consulate in the country of your residence for pick up.

You have to travel to Bulgaria only once during the application procedure to apply for permanent residency status after obtaining your Visa D.

In case you would like to receive a plastic permanent residency card after being provided with the status, you have to travel to Bulgaria for a second time to pick it up. Note that most of our applicants do not pick up their plastic permanent residency card, as the permanent residency status is granted via the approval letter issued by the government.

Be aware that we accompany the applicant when applying for the Visa D in the country of residence, and when travelling to Bulgaria to apply for permanent residency status.

To start the application procedure, we will have to verify your identity. You are asked to provide us with the following documents:

Step 1 – Due diligence:
  • Completed questionnaire;
  • Passport copy;
  • Proof of address:
    (not older than 90 days).
Step 2 – Application for permanent residency:
  • Four passport photos;
  • Migration Service Agreement with our Family Office:
    (signed);
  • Power of Attorney 1, given to our law firm:
    (general version: signed, notarized and apostilled by a notary, and legalized by the Bulgarian embassy / consulate);
  • Power of Attorney 2, given to our law firm:
    (second version: applicable only for Life Insurance products: signed, notarized and apostilled by a notary, and legalized by the Bulgarian embassy / consulate);
  • Money Origin Declaration 1:
    (signed);
  • Money Origin Declaration 2:
    (signed);
  • Non-criminal Record, issued either by the country of residence, or by one of the countries where the applicant holds a passport:
    (original version, and second version translated in English: notarized and apostilled by a notary, and legalized by the Bulgarian embassy / consulate);
  • Birth Certificate:
    (original version, and second version translated in English: notarized and apostilled by a notary, and legalized by the Bulgarian embassy / consulate).

Based on the above, our law firm will open a bank account in Bulgaria for you under your name. You will then have to transfer the investment amount and / or the all-in handling fee to your Bulgarian bank account for us to take the next steps.

Step 3 – Application for citizenship:
  • Non-criminal Record, issued by one of the countries where the applicant holds a passport:
    (original version, and second version translated in English: notarized and apostilled by a notary, and legalized by the Bulgarian embassy / consulate);
  • Household registry and family book:
    (original version, and second version translated in English: notarized and apostilled by a notary, and legalized by the Bulgarian embassy / consulate).

Your application and the application of your 15-year old daughter will be submitted together. The applications of your spouse and your 20-year old son (>18 years), can only be submitted after you as the main applicant have received your Bulgarian citizenship and passport. In total, it takes about 36 months for your immediate family to receive Bulgarian citizenship.

Your application provides you with Bulgarian citizenship and passport for yourself, your spouse and your children. Unfortunately, your parents cannot be included. Instead of your father submitting a second application, which includes his and the application of his spouse (your mother), we recommend the following:

  • Your father applies as the main applicant for EU citizenship via one of our fast track products. He receives his Bulgarian passport in 18 months.
  • After your father receives his Bulgarian passport, his spouse (your mother) applies for EU citizenship. She receives her Bulgarian passport in 18 months. At the same time as your mother, your application is submitted as well. In 18 months (a total of 36 months) your mother and yourself receive their Bulgarian passports, at no additional cost.
  • You can then apply for Bulgarian citizenship for your spouse and two children. Instead of investing the full amount into a second product for the applications of the third generation, we only charge EUR 10,000 per additional application, which leads to Bulgarian passports in 18 months (a total of 54 months).

In summary, after 54 months yourself, your spouse and your two children, as well as your parents, will receive Bulgarian citizenship for a total amount of EUR 300,000 (Equity Financing II: EUR 270,000 + EUR 30,000 filing of three applications [your spouse and two children]).

About the Bulgarian Citizenship by Investment Program

International business executives, investors, and important persons who are active worldwide, consider an alternative citizenship and passport a powerful tool for international tax planning, as well as a safety net, should the living conditions at home become unbearable.

Our applicants realize that the Bulgarian citizenship provides several benefits, including:

  • Visa-free travel to 153 countries and the right to live, work, or study in 27 European countries, including Switzerland and Norway;
  • Option to settle in the US due to Bulgaria’s E-2 reciprocity agreement with the United States;
  • Access to the education systems of Bulgaria and the member states of the EU, including benefits such as paying home / EU rates and receiving financial assistance;
  • Access to high-quality medical assistance in Bulgaria and throughout the EU;
  • A better quality of life for the family in an unpolluted environment;
  • Personal security and consular protection within the EU;
  • Retirement in a safe country with a warm climate;
  • Lowest tax rates of 10% and free trade environment within the EU;
  • “No double tax“ agreements with more than 60 countries;
  • The right to establish or own a business in Bulgaria, or any state of the European Economic Area (EEA);
  • The right to acquire land or immovable property in Bulgaria and in a number of other EU countries;
  • Freedom associated with having multiple passports.

The treaty on the functioning of the European Union entails the right:

  • To non-discrimination on the basis of nationality when the treaty applies;
  • To move and reside freely within the EU;
  • To vote for and stand as a candidate in European Parliament and municipal elections;
  • To be protected by the diplomatic and consular authorities of any other EU country;
  • To petition the European Parliament and complain to the European Ombudsman;
  • To contact and receive a response from any EU institution in one of the EU's official languages;
  • To access European Parliament, European Commission and Council documents under certain conditions;
  • EU citizens also have the right to equal access to the EU Civil Service.

Please find further details via the following links:

Bulgaria is a 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. With a territory of 110,994 square kilometers (42,855 sq mi), Bulgaria is Europe's 16th-largest country.

Bulgaria's population of almost 7.3 million is predominantly urbanized and mainly concentrated in the administrative centers of its 27 provinces. Most commercial and cultural activities are centered on the capital and largest city, Sofia. The strongest sectors of the economy are heavy industry, power engineering, and agriculture, all of which rely on local natural resources.

The country's current political structure dates to the adoption of a democratic constitution in 1991. Bulgaria is a unitary parliamentary republic with a high degree of political, administrative, and economic centralization. It is a member of the European Union (EU), North Atlantic Treaty Organisation (NATO), and the Council of Europe; a founding state of the Organization for Security and Co-operation in Europe (OSCE); and has taken a seat at the UN Security Council three times.

Lifestyles and cultures are what Bulgaria has developed over thousands of years. The country is located at the crossroads between Europe and Asia, and the lands of Bulgaria have been populated since antiquity. The Slavs and proto-Bulgarians were greatly influenced by the cultures of the Thracians, Illyrians and Greeks, and all the people who resided on these lands – Thracians, Romans, Slavs, and Bulgarians – have contributed to the world’s cultural heritage. It is no accident that the earliest European civilization grew up in Bulgaria.

In 2016, Bulgaria was visited by approximately 13.6 million people from abroad. Tourists from five countries – Greece, Romania, Turkey, Germany, and Russia – account for approximately 50% of all visitors.

Bulgaria, with its Roman history, its good wine, truffles and food, the famous rose products, the mountains and the beautiful Black Sea Coast, is a very picturesque country and is worth spending time there.

Please find further information about Bulgaria under the following links:

Yes. Bulgaria is a member of the European Union and its citizens are automatically European citizens, which means you have the right to live, work and study in any of the 27 EU countries, including Switzerland and Norway, due to the bilateral agreements with the EU.

No. Bulgaria does not require you to be present or to reside in the country, before or after the approval of your citizenship application. During the whole application procedure, there is only one single and short visit to Bulgaria required.

No. Bulgaria does not require the applicant to purchase real estate in the country. We offer two Property products for you to choose from (hotel shares and golf villa), but our applicants can also invest in Government Bonds, Life Insurances or to buy a cheaper Bond Financing product.

Becoming a citizen of Bulgaria does not mean that you automatically become a Bulgarian tax resident. If you live outside of Bulgaria, you will be subject to the tax system at your place of residency, for example Ireland. However, becoming a tax resident in Bulgaria may be attractive to you because of the country's low personal income and corporate tax rate which is only 10%; the lowest in the EU.

In case that you officially live in Bulgaria, but you do not spend more than 183 days per tax year in the country, you are exempt from paying tax on your worldwide income.

No, Bulgaria does not have inheritance tax. This makes the Bulgarian Citizenship by Investment Program even more attractive.

Yes, Bulgaria allows dual-citizenship.

No. When you acquire citizenship under the Bulgaria Citizenship by Investment Program, you and your immediate family enjoy full citizenship for life, which can be passed on to future generations by descent.

Yes. All investment options to citizenship allow for one application to cover the husband, the spouse and all children of any age. There is also a way for your parents to receive Bulgarian permanent residency and citizenship within the same application, for a very small surplus.

Please contact us via the contact form to learn more about how your whole family, including your parents, can receive Bulgarian permanent residency and citizenship with only one application.

The standard track products of the Bulgarian Citizenship by Investment Program provide the applicant with several investment options starting at EUR 185,000 that lead to EU citizenship and passport after a five-year residency period. The fast track options start at EUR 270,000 and shortens this period to only 18 months, which makes this program the most affordable and one of the fastest programs in Europe. Bulgaria offers a Citizenship by Investment Program which allows the applicant and the immediate family to become EU citizens at a very low cost, and within a short period of time. There are no residency and language skill requirements to meet. When being provided with citizenship in only 18 months (fast track), or in 60 months (standard track), Bulgarian citizens have the right to live, work and study in any of the 27 EU countries, including Switzerland and Norway, due to the bilateral agreements with the EU. Bulgarian citizens can also apply for the US E-2 Visa and settle in the US. This is not offered by programs of Cyprus and Malta.

The Citizenship by Investment Program of Cyprus provides the applicant with several investment options starting at EUR 2,000,000 for immediate European citizenship and passport. On average, the application process takes about 6 months, with approvals issued as fast as 60 to 90 days.

The Individual Investor Program of Malta provides the applicant with European citizenship in return for a non-refundable donation to the Maltese government in the amount of EUR 650,000 plus a EUR 350,000 investment in approved securities and a real estate investment or rental. The IIP application process can take between six months and two years to complete.

The Portuguese Golden Residence Permit Program requires an investment of EUR 350,000 in real estate, the transfer of EUR 1,000,000, or the creation of ten new jobs in Portugal. Citizenship can be applied after six years of Portuguese residency.

The Spanish Golden Visa requires a minimum investment of EUR 500,000 in real estate, a EUR 1,000,000 asset transfer, or a EUR 2,000,000 securities investment, or the creation of a new government-approved business project in return for Spanish residency. After ten years of residency the applicant may file for citizenship.

The Bulgarian Citizenship by Investment Program is with no doubt very attractive and more competitive than the programs of Cyprus and Malta considering the investment risk.

Bulgaria has with 28% the third lowest Debt-to-GDP ratio in the EU (only Estonia and Luxembourg have a lower ratio). Compared to Cyprus with a Debt-to-GDP ratio of 105%, Malta with a Debt-to-GDP ratio of 56%, or for example the UK with a Debt-to-GDP ratio of 88% (the target country of most Asian EU immigrants), Bulgaria’s Debt-to-GDP ratio as of July 2017 is much lower and therefore much safer and competitive.

Please find the current Debt-to-GDP ratios via the following links:

The Global Risk Briefing, by Bloomberg, confirms Bulgaria’s strong position compared to other EU target countries for immigrants very well.

The Bulgarian Citizenship by Investment Program has recently become very popular, since people understand and learn that none of the other EU programs can really compete with the Bulgarian program.

Bulgaria does not advertise its program as much as countries like Cyprus or Malta. Many people also do not know that Bulgaria is a member of the EU with an excellent Debt-to-GDP ratio and a low country risk, and that Bulgarian citizens can also apply for the US E-2 Visa and settle in the US.

Smart, price sensitive and risk aware applicants have always been choosing the Bulgarian Citizenship by Investment Program. With our worldwide unique Life Insurance products, we give you even more reason to choose the Bulgarian Citizenship by Investment Program.

The standard way for you and your immediate family to live, work and study in the UK, is to receive Bulgarian citizenship via one of our fast track products in 18 months. Bulgarian citizenship provides you with the right to settle in the UK.

After living in the UK for one month, your immediate family can move to the UK as well, due to the family reunification directive (https://ec.europa.eu/home-affairs/what-we-do/policies/legal-migration/family-reunification_en). This move does not depend on whether your spouse and your children have already received their Bulgarian citizenship. The whole process for you to receive Bulgarian citizenship until your immediate family can settle in the UK usually takes about 19 months.

In case Brexit would change things in the meantime, we recommend a move to Ireland, which has a similar immigration policy and is close to the UK.

Many immigration service providers let you believe that you can live, work and study in any EU country when having permanent residency from one of the EU countries. Unfortunately, this is not possible by EU law.

Nevertheless, we have created a solution for you and your immediate family to settle in the UK, or in any other EU country. We can create a job role in a subsidiary of a Bulgarian listed company, which is located in the UK, or in your EU target country. This allows you to settle in the UK and to move your immediate family as well, due to the family reunification directive (https://ec.europa.eu/home-affairs/what-we-do/policies/legal-migration/family-reunification_en).

Via our products Life Insurance II and Life Insurance Financing II, you can settle in the UK visa-free after 90 days through St. Lucia citizenship (https://embassy-finder.com/travel-with_saint-lucia_passport, http://www.doyouneedvisa.com/passport/Saint%20Lucia).

Apart from St. Lucia citizenship in 90 days, with these two products you also receive Bulgarian citizenship in 18 months, and a Global Health Insurance on top of the financed, or non-financed Unit Linked Life Insurance.

The Schengen Area was created with the aim to ease travelling between different countries in the EU. It is essentially a Tourist Visa Treaty, which allows tourists to travel in the Schengen Area between countries, without the need to have a Visa issued by each country. Thus, the Schengen Agreement has nothing to do with immigrating to any of the EU countries, and is not to be compared with EU residency rights. Despite of that, and by mistake, most immigration service providers do falsely advertise Schengen member countries for residency.

About our US immigration Products

As soon as our applicants and their immediate family have received Bulgarian citizenship, we can start the US E-2 Visa application procedure. For this service, we charge an all-in handling fee of EUR 150,000, which includes all applications of the immediate family. The time-frame for our applicants to receive the US E-2 Visa depends on the United States Citizenship and immigration Services (USCIS).

We provide our applicants with two options to immigrate to the US.

Option 1 - US E-2 Visa

Our applicants first apply for Bulgarian citizenship. As soon as our applicants and their immediate family have received Bulgarian citizenship, we can start the US E-2 Visa application procedure. For this service, we charge an all-in handling fee of EUR 150,000, which includes all applications of the immediate family. The time-frame for our applicants to receive the US E-2 Visa depends on the United States Citizenship and immigration Services (USCIS).

Option 2 - US EB-1C Green Card:

Our applicants can immigrate to the US via a Bulgarian Visa D and a US L-1A Visa, which leads to a US EB-1C Green Card after around two years. This product also provides the applicant with Bulgarian citizenship after five years for a total amount of EUR 385,000.

Learn more about our US EB-1C Green Card product in the document “US EB-1C Green Card Product Overview” and in the table below.

Product Name Product Summary Time to US EB-1C Green Card Investment in EUR (Refundable) All-in Handling Fee in EUR (Non-refundable) Total in EUR
US EB-1C Green Card

Applicant invests in 1 Bulgarian Government Bond financed through us, and holds it for 60 months. Bulgarian permanent residency is provided within 6 months.

Applicant becomes an Executive / CEO of a subsidiary of a listed Bulgarian company. This company will then establish a new subsidiary in the US after 12 months.

Applicant gets transferred to the new US subsidiary as an Executive / CEO via the US L-1A Visa. The application for the US EB-1C Green Card will then be submitted within the next 12 months.

Applicant receives Bulgarian citizenship about 5 years after receiving Bulgarian permanent residency.

30-36 months 0 385,000 385,000

At this stage, our US EB-1C Green Card product is available for all nationalities. This may change at any time, considering the latest changes in the US immigration policy. By now, we have not experienced any issues with any applicant.

Please note that Bulgarian citizens can settle in the US by applying for the US E-2 Visa. This is a second way to settle in the US.

Traveling to the US requires a US Visa. Bulgarian citizens can easily receive a US Tourist Visa that is valid for ten years.

About our immigration Business

We specialize in the Bulgarian Citizenship by Investment Program, offering permanent residency and citizenship via Government Bond, Bond Financing, Property and Life Insurances to our applicants.

Bulgaria offers a Citizenship by Investment Program which allows the applicant and the immediate family to become EU citizens at a very low cost, and within a short period of time. There are no residency and language skill requirements to meet. When being provided with citizenship in only 18 months (fast track), or in 60 months (standard track), Bulgarian citizens have the right to live, work and study in any of the 27 EU countries, including Switzerland and Norway, due to the bilateral agreements with the EU. Bulgarian citizens can also apply for the US E-2 Visa and settle in the US.

We also specialize in the St. Lucia Citizenship by Investment Program, as well as three different visas, which can lead to permanent residency in the US, Canada or Australia as part of our worldwide unique Life Insurance products. The US Visa option is our US EB-1C Green Card product, where our applicants apply for a US L-1A Visa, leading to a US EB-1C Green Card after around two years. The Canada Visa option is provided via the Canadian Investment Immigration Program. The Australia Visa option is a Visa 457, which is based on an intra-company transfer.

We are a team of highly skilled immigration specialists. All applications are handled through a Swiss Family Office, and by our law firm based in Sofia, Bulgaria. Our trusted law partner is one of the biggest and most reputable law firms in Bulgaria. Being a member of an exclusive international lawyer network, and of a business alliance, provides our law firm with high recognition.

Our Unit Linked Life Insurance business is handled by our well-known, and with an excellent A+ S&P rating awarded Insurance company, which belongs to a reputable Insurance Group. This Insurance Group is well established in all lines of business with around 50 Group companies and more than 24,000 employees in 25 countries. Our Universal Life Insurance business is carried out by a trusted international brand which exists already for more than 150 years.

In addition to working with strong partners, we are also an acknowledged partner of the Hong Kong Bulgarian Association of Commerce with offices in Hong Kong, Macau, and China.

Until July 2017, we have been operating under a different business model. We were purely focusing on promoting and distributing our products worldwide via immigration service providers (agents), such as immigration specialists, insurance brokers, law firms, trustees, financial advisors, etc. We did not approach applicants directly.

We now start serving applicants directly, whilst continuing to expand our agent network.

By today, we have a success rate of 100%. Each and every applicant has been provided with Bulgarian citizenship, which allows them to travel, live, work and study in any of the 27 EU countries, including Switzerland and Norway, as well as applying for a US E-2 Visa.

At this stage, we only offer EU citizenships via Bulgaria, because Bulgaria has the most competitive EU Citizenship by Investment Program. Bulgarian citizenship options are most affordable, come with very few restrictions, and citizenship is provided fast.

We work closely with the Hong Kong Bulgarian Association of Commerce and provide comprehensive services related to Bulgaria. Company formation with bank account and credit card, accounting and auditing, tax and succession planning are only some of our services.

Please contact us via the contact form and tell us about your plans and requirements.

Contact Us

If you have further questions, please do not hesitate to contact us.