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Introduction to the Bulgarian Immigrant Investor Program

Arton Capital and our team of financial and legal professionals are available to assist in obtaining a Bulgarian residence through the Bulgarian Immigrant Investor Program (BGIIP) for non-European citizens.  Our experience with business immigration programs and the local governmental bureaucracy will secure your investment and smooth the progress of the application process for residence. 
We review with you, your interests and opportunities in Bulgaria and tailor our resources to best fit your needs and requirements.

There are several key advantages to becoming a Bulgarian resident, and hence part of the European Union:

  • EU membership and NATO membership
  • Macroeconomic and financial stability
  • EU’s most favourable taxes:
    • Flat 10% corporate income tax
    • Flat 10% persoanal income tax
  • 0% in high-unemployment areas
  • Europe’s lowest operational costs
  • Well-educated and highly-skilled labour force
  • 22% of population holds university degree
  • Government support for priority investment projects
  • Linking Europe and Asia
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Bulgaria looks to open its doors to you so that you can improve your quality of life and freedom of international mobility while enjoying the extensive benefits the country has to offer.

We are ready to help you settle permanently in Bulgaria and enjoy all the advantages of being a resident of an EU member. Getting Bulgarian residence through business immigration will provide you with all the rights of a Bulgarian citizen except the right to vote.  You will also be able to enter and leave the country as many times as you wish without visas and travel and work in all Europe visa free.

 
Qualification Requirements

The Bulgarian legislation provides significant advantages for foreign investors in Bulgaria concerning investors' business activities in the country and their personal status as individuals with foreign citizenship.

The Statutory Procedures for Investors in the Residency and Citizenship Program are provided by the Act for Foreigners in the Republic of Bulgaria (AFRB), as well the regulations for its implementation and the ordinance for the conditions and procedure for issuance of visas. This law gives the framework for entering, residing and exiting in and from the Republic of Bulgaria to the citizens of non - EU Members.

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Investment Options

The definition of accepted Investment in the Program for Residency and Citizenship in Bulgaria is granted by the Investment Encouragement Act of Republic of Bulgaria and the Regulations for implementation thereof. To that effect, investors who through the business immigration program, wish to obtain Permanent Residence Permit, issued by the Ministry of Interior need first to qualify for a Certificate of the Ministry of Finance confirming a foreign direct investment of 1,000,000 BGN (€ 511,292) in accepted Governmental Bond Portfolio.

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Application Process

The below step-by-step process and associated timeline are based on the legal framework that needs to be followed for permanent residence for a foreign investor via Arton Capital’s Bulgarian Immigrant Investor Program. Arton Capital has outlined the below timeline by combining current processing times of local government institutions with the ones experienced by our previous clients.

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Benefits of the Bulgarian Immigrant Investor Program

Bulgaria, being a member of the European Union, provides potential investors with many unique benefits:

  • Become resident of EU member country by investing in Bulgaria
  • Fast track process, 6 to 9 months within legislative framework
  • Government approved investment and available financing options from Banks
  • Physical residency exemption enforced with legislation
  • No language requirements
  • Unique benefits towards European citizenship for investors and their families
  • Highly-skilled labor force at Europe’s lowest operational cost
  • Free movement within Schengen countries after accession
  • Strategic geographic location, linking Europe to Asia, Middle East and Africa
  • Favorable tax rates and free trade environment within EU
  • Competitively priced healthcare and education
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