Bulgarian Citizenship by Investment

Bulgaria is located in the south of the Balkan Mountains, surrounded by the Black Sea to the east, Turkey and Greek to the south, Serbia and Macedonia to the west, and, bordered by the Danube, Romania to the north. The country has a territory of 111, 000 square kilometers with a coastline of 378 kilometers. Its capital city, Sofia, is located in the west of the country. It is not only the center of the country’s politics, economy and culture but also the biggest city in Bulgaria.

Government bond (also known as public interest, public bond, national bond and sovereign bond) is the bond owed by a government. By contrast, the annual "government deficit" refers to the difference between government receipts and spending in a single year.Governments create bond by issuing securities, government bonds and bills.

In a monetarily sovereign country (such as the United States of America, the United Kingdom, Australia and most other countries, in contrast with eurozone countries), government bond held in the home currency are merely savings accounts held at her central bank. In this way this "bond" has a very different meaning than that of the bond acquired by households who are restricted by their income. Monetarily sovereign governments issue their own currencies and do not need this income to finance spending. In these self-financing nations, government bond is effectively an account of all the money that has been spent but not yet taxed back. Their ability to issue currency means they can always service the interest repayments on these savings accounts. This is why bonds and gilt-edged securities are considered the safest form of investment.

Retain control: When you agree to bond financing from a lending institution, the lender has no say in how you manage your company. You make all the decisions. The business relationship ends once you have repaid the loan in full.

Tax advantage: The amount you pay in interest is tax deductible, effectively reducing your net obligation.

Easier planning: You know well in advance exactly how much principal and interest you will pay back each month. This makes it easier to budget and make financial plans.

Bulgaria joined EU in 2007 and has become one of the fastest growing countries. Bulgarian Citizenship Act was approved by the parliament in 2009 and was added into the Constitution of the Republic of Bulgaria in 2013. According to the Act, upon obtaining the citizenship by investment, the investor and the family members can get permanent residency in the country. To increase the process, option for fast-track program is open.
Citizenship Act and qualified investment programs can be downloaded from the official website of The Ministry of Interior of the Republic of Bulgaria and InvestBulgaria Agency. See below for the Acts: The Act for Foreigners in the Republic of Bulgaria (AFRB), activated in Feb 2014. Bulgarian Citizenship Act, activated in Feb 2014.
According to AFRB, foreign investors can choose to apply through Fast Track to shorten the process into 2 years.

Bulgarian passport has 154 visa-free countries, including Canada, Australia and New Zealand.

Loan investments of various options allowed.

Short processing time: passport can be obtained in 18 months.

Exemption from physical residence in the country.

No requirements in Languages, backgrounds, educations and work experiences.

Clear law that abides by European Migration Law.

Entitled to the rights to live in, work in, and study in 28 countries in EU.

Secure investment and fully refundable investment amount after 5 years.

Access to free education for dependent children and access to state-provided healthcare for the family.

Lowest tax rates in EU: only 10% for company and individual income tax.

Dual nationality

Be a non-EU Citizen.

Be older than 18 years old. Spouse and dependent children under 18 years old can apply together.

For full investment option, the principal applicant and spouse must have net worth of more than 512,000 Euros ; For loan investment, the principal applicant and spouse must have net worth of no less than 1 million Euros.

Must have no criminal records in any country of residence after 18 years old.

No requirements in languages, education, managerial backgrounds and physical residence in Bulgaria.