Yes, it is possible to use the accelerated program to obtain citizenship. In this case, the amount of investments increases (the applicant makes investments in doubled size). You can invest in a business or in government bonds. Among the requirements for participants in the accelerated program is the possession of permanent residence for at least a year and the presence of the second part of the investment portfolio in circulation for two years.
Yes, with this status, children are given the right to attend kindergartens and educational institutions free of charge. It is also possible to obtain free education in higher educational institutions.
The country has fairly affordable real estate prices. The residential real estate market allows you to easily find a suitable option for both rental and purchase.
Typically, a standard procedure can take up to ten months. This period is due to the rather strict migration legislation of the country and the passage of a thorough comprehensive check by all applicants.
The condition for granting citizenship by investment is the presence of permanent residence (for its issuance, it is enough to invest funds). It is possible to start applying for citizenship at least one year after receiving permanent residence. The naturalization procedure takes two years, and during this period it is not necessary to reside in the country.
In such a situation, the use of borrowed funds is allowed: the investor can apply for a loan to the bank (the purpose of the loan is the purchase of securities). The loan is issued if the applicant can pay 10% on his own.
Personal presence is not required to purchase real estate. To complete the transaction, you will need to confirm the transfer of authority to an authorized person (for example, an agency employee) at a notary.
No, there is no need to renounce the existing citizenship.
No, applicants for citizenship by investment are not required to know the state language of the country
This method of obtaining a Bulgarian passport involves replenishing the bond portfolio in the amount of approximately 500 thousand euros. Refunds are made after the five-year period. Funds are returned to the same volume as the investments were made.
No, the Bulgarian taxation system is one of the most profitable among the EU countries (the lowest tax rates apply to Bulgarian citizens). The personal income tax rate is set at 10%. In addition, global income is not taxed.
Holders of a Bulgarian passport are granted the right to move freely within the countries of the Schengen zone, i.e. there is no need to apply for visas.
Family members of the holder of permanent residence can receive this status automatically. To do this, you will need to submit an appropriate application. There are no requirements for permanent residence of the investor's family members.
Yes, diplomas of graduation from higher educational institutions in Bulgaria are recognized in the countries of the European Union. If you want to be employed in another EU country, you will not need to confirm your qualifications
Yes, Bulgaria is almost ideal for moving to Europe. The country has a favorable climate, low crime rate, calm atmosphere and affordable prices for both rental and purchase of residential real estate. An additional advantage is the proximity of the Bulgarian language to Russian, therefore, as a rule, there are no problems in learning Bulgarian for everyday communication. The country provides ample opportunities for recreation: several famous resorts are located on the Black Sea coast. In addition, both holders of permanent residence and citizens of the country are entitled to free medical care.
At the stage of permanent residence, the status is automatically granted only to minor children. Children who have reached the age of majority must submit documents in the prescribed manner. It should be noted that the decision takes about six months: compared to other European countries, this is the fastest option.
Indeed, when applying for citizenship, the applicant must indicate his permanent place of residence in the country. Therefore, before submitting documents, you must either rent a home or buy your own property.
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