Ms Anna Aleksandrova To the Members of the Committee on Legal Questions Ma’am Honorable Members of Parliament National Assembly of the Republic of Bulgaria National Assembly Square № 2 Sofia 1000, Bulgaria Date: 13.01.2021 I am the holder of the Bulgarian Permanent Residency as investor under the art. Obtaining a long stay permit by property purchase is available for two types of applicants – retired and non-retired. The Bulgarian government bonds are 100% secure financial instruments with absolute liquidity. A Bulgarian temporary residence permit is either valid for 6 or 12 months, and it can be updated for a period of up to 5 years. A permanent residence permit can be obtained 3-6 months after initial investment; Bulgarian citizenship can be obtained ~2 years from initial investment via the Fast Track, or ~6 years via the Standard Track. 13 March 2019 We have updated … The permanent residence permit is issued by the local Migration Offices in Bulgaria. 25, para. Several official references out there (UK Governmental website, PDF document from Europa.eu and Bulgarian Governmental website) seem to suggest that in order to apply for a permanent Bulgarian residence you have to have resided in Bulgaria for five years.Now, the Bulgarian governmental website also states a particular condition which applies to foreigners who married a Bulgarian national: Home Bulgarian Permanent Residency-Citizenship Program. In order to apply for a permanent residence permit, a foreign citizen must first obtain a Bulgarian extended residence permit. The Bulgarian Permanent Residency program offers family security, visa-free travel and access to EU education, healthcare and business opportunities. join a research group, are involved in a research project). Hold a second additional investment for a … Step #4: Visa & Permanent Residency Application. Long-term residence status is one of the possibilities that Bulgaria provides to foreigners – third-country nationals, since 2011. The investor applies for a Visa-D at any Bulgarian embassy in his country of residence. Double the investment by purchasing €512,000 in government bonds or in the capital of a Bulgarian company that is carrying out a Priority Investment Project (as defined in the Investment Promotion Act). Your question. The fast-track option is simply brilliant. Since December 2013, Bulgaria, Eastern EU country, put into force Bulgarian Investment Immigration Program – Bulgarian/EU citizenship for foreign investors and their families, which provides an opportunity not only to invest in a stable European economy but in addition to receive a Bulgarian Permanent Residence and the unique opportunity for Fast Track Bulgarian Citizenship. Have at least one year of permanent residency status. This is an option different from continuous and permanent residence permits. You can then keep renewing it for up-to 5 years. Let us help you to get Bulgarian residency by investment program. Bulgarian residence for EU citizens. Both the Bulgaria permanent residence and 2-step fast track citizenship programs come with two investment options: 1. Financing option; Non-recourse loan as well as reduced price; 2. Spouse Holders of a permanent residence permit are entitled the same rights and obligations that come with Bulgarian citizenship except those which are explicitly forbidden (e.g. Holding the permanent residence for five years, we can initiate the Bulgarian citizenship by investment application with the Ministry of Justice. The first step to obtaining a permanent residence is to get a long term stay permit, which is valid for 1 year and is renewed each year. Long-term residence permit in Bulgaria . Here are some visa tips: a. This option is refundable and allows you to get Bulgarian permanent residency or citizenship in 6 months or 60 months respectively. Applicant MUST apply at the Bulgarian Consulate in the country of his PERMANENT residency (i.e. Updated "Applying for Bulgarian citizenship" section: permanent residence required for 5 years in order to apply. Permanent residence permits are issued by the Bulgarian Ministry of Interior. This entitles the person to the same rights as a Bulgarian citizen, except the right to vote. Charles Dickens Тo the Hon. We plan on living outside of Bulgaria for some time. Long-term residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 5-year validity period;; Permanent residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 10-year validity period. I am Bulgarian citizen. How many years of stay in Bulgaria in order to get a Bulgarian permanent residence? My husband is a citizens of non-EU country. Permanent residence permits are issued by the Bulgarian Ministry of Interior. Permanent Residence in Bulgaria. The purchase of Bulgarian Government Bonds is the best option for candidates with funds available for such volume of investment. Methods of Investment for Permanent residence permit: - Invest €512,000 (BGN 1 million) in Bulgarian Government bonds locked for 5 years and paid out with 0% interest - Loan Option: The investor pays a reduced amount of EUR 195,000: The reduced amount is used to finance a 1,000,000 BGN loan from a Bulgarian chartered bank. Permanent Residence Permit. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. This earns you the same rights as a Bulgarian … The visa is valid for 180 days and it allows the citizen to apply for residency permit. Immigration. Applicants, who are already visa D holders and intend to take part in research with Bulgarian-based company (e.g. 4, para 4 (vital interests), you may apply for a Bulgarian residence and Bulgarian ID card for EU nationals. Bulgaria permanent residence and citizenship program. 1, p. 6 of the Law on Foreigners in the … participating in the political process by registering and voting, joining the police force or military). This is the only time travel to Bulgaria is required. Permanent Residence Permit. In July 2020, a new law was passed by the Bulgarian Parliament making the Withdrawal Agreement part of Bulgarian law. You can obtain permanent residency or citizenship within 6 months or 18 months after investing at least €1,024,000 in the country’s economy . The Bulgarian permanent residency program allows the applicant to live in Bulgaria as long as desired. If you’re a pensioner, you will need to produce evidence that you’re entitled to retirement income and have a bank account in Bulgaria and a Bulgarian address. That order, in effect until January 31, also did not apply to Bulgarian citizens and holders of permanent or long-term residence in Bulgaria and their families (while in any case it would unlawful to forbid a Bulgarian citizen from entering Bulgaria). То strengthen your tax residence application under Art. To apply for a residence permit, you must first obtain a Type D visa (see our article “Short and long-stay visas”) in … Permanent residence and Bulgarian citizenship – absence from the country. He wants to apply for Bulgarian citizenship in 3 years. Apply in person for Bulgarian citizenship at the Ministry of Justice in Sofia or at a Bulgarian Consulate abroad. Permit as soon as possible to UK accompani… permanent residence permit with an option different from continuous and residen The long-term EU residence permit has a validity period of five years and can be renewed. This new law did not alter UK nationals’ existing obligation to register their residence but it created a new document specifically for those UK … The Bulgarian Citizenship Act states that non-EU nationals who have held a permanent residence permit for five years can apply for Bulgarian citizenship and a Bulgarian passport. The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. It is very often issued on the base of Bulgarian origins of the applicant, or marital or family relations, or spending 5 years of residence here, the presence of investment intentions/reasons, etc. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. Timeframe. After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. To obtain a permanent residence permit, you need to provide the following documents and complete the following steps: EU citizens may apply for Bulgarian residence and Bulgarian ID card with their national ID or passport. If you have resided legally in Bulgaria for a period of five years on the basis of a consecutive long-term residence permit, you and your family members are entitled to a permanent residence permit. This entitles the person to the same rights as a Bulgarian citizen, except the right to vote. Bulgarian residency program includes more than 20 legal grounds for obtaining a long stay permit or permanent residency by foreign citizens. Citizenship may be applied for after 60 months (5 years) in permanent residency status. You must hold Bulgarian long-term permit for 5 years before becoming eligible to apply for a permanent residence permit. It is a status that allows for unrestricted travel within the territory of the European Union. With this visa, the investor travels to Bulgaria to apply for the Permanent Residency card in person. We will assist you during the entire procedure from preparing the set of application documents to receiving a Bulgarian ID card. One of the most preferred is the purchase of a real estate property in Bulgaria. A permit can be granted to family members of a Bulgarian citizen or foreign citizen residing in the country on an extended, long-term, or permanent residence permit under extraordinary circumstances. Q) How many years do I have to stay in Bulgaria to obtain a Bulgarian permanent residence permit? The processing time for residency is about six months. Your Bulgarian residence permit will be valid for 6 or 12 months. Permanent Residence Permit via Investment in Bulgarian Government Bonds. He has just received his permanent residence permit. The annual revenue is between 1 and 3%. The stay is limited by the visa and they cannot apply for residency after the visa expires. 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