- New Zealand
A short explanatory statement to clarify the purpose of the form and what you’re giving in exchange for the personal data.
Bulgaria is located in Southern Europe, situated on the eastern Balkan Peninsula. It is a mostly mountainous country surrounded by Greece, Macedonia, Romania, Serbia, and the Black Sea. Bulgaria has strategic access to the Turkish Straits and controls key land routes to Europe and to the Middle East. The government system is a parliamentary republic; the chief of state is the president, and the head of government is the prime minister. Bulgaria has transitioned to a market economic system in which the prices of goods and services are determined in a free price system. Bulgaria is a member of the European Union (EU).
Bulgaria’s citizenship program allows investors to receive permanent residency (PR) leading to citizenship with no in country residency requirements. A family’s primary investor applicant must demonstrate a net worth of €1,000,000. Each applicant is required to visit Bulgaria for only two quick visits. Residency is obtained within 3 to 4 months of the initial visa application, and applicants are eligible for citizenship after five years. However, applicants may elect to Fast-Track their citizenship application by doubling their investment granting them citizenship within two years.
Applicants choosing this option must deposit BGN 1 million (€512,000) in a government bond portfolio for an investment period of five years, with no further payment required. At the end of the five-year period, the full amount of BGN 1 million (€512,000) will be returned to the investor without any accrued interest. The investment is fully guaranteed by government bonds.
For a set pre-paid fee, applicants can leverage their capital by choosing the Financed Investment option. These individuals pay a reduced amount of €170,000 that will be used to finance a BGN 1 million (€512,000) closed 5.5-year loan from a Bulgarian chartered bank. This loan is initiated and repaid at no further cost to the investor.
“I was very disheartened when my visa was rejected in 2019. I applied for the visa to a different consultancy in Delhi but they only gave me hope and didn’t do anything affirmative that can assure my immigration application. After a few days, I found out that the guys are a novice and it was a fraud company.”