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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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PHASE I – MAIN APPLICANT
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Step 1 |
File Preparation and Submission, Application Fees payment |
| Step 2 |
Appointment in a Bulgarian Consulate for document signing |
| Month 1 |
Step 3 |
Investment transfer by the Main Applicant |
| Month 3 |
Step 4 |
Investment Certificate is issued |
| Step 5 |
2nd appointment at a Bulgarian Consulate:
- Application for Visa D |
| Month 5 |
Step 6 |
Visa D granted, followed by a 1st trip to Bulgaria:
- Submission of Application for Permanent Residency Certificate (PRC) |
| Month 8-9 |
Step 7 |
Permanent residence approved, followed by a 2nd trip to Bulgaria:
- Submission of Application for Bulgarian PR card |
| Step 8 |
Receipt of Bulgarian PR Card (3 days after application) |
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PHASE II – FAMILY MEMBERS
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Once the main applicant is issued the Bulgarian ID document, the procedure for the qualifying family members is launched.
The process may take up to 2.5 months in total, and includes two mandatory trips to Bulgaria of each qualifying family member. After the 2.5 months, the family members are issued Bulgarian ID documents as well.
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The above timeline is an estimate based on our experience with previous clients and is provided for information purposes only. Any changes that may occur, which may or may not affect an applicant’s processing, will not be the responsibility of Arton Capital. Governments can experience large volumes of applications, local authorities can modify required documents and/or processing delays, are some of the factors that may affect timings. Processing times will vary depending on where the application has been filed.
Arton Capital can provide a specific timeline on an individual basis, depending on the visa office they will be applying through. Contact us to find out what the timeline will be for You. |
Investor Program 
