Bulgaria is a balkan country encompassing black sea coastline. Bulgaria has borders with Greece, Romania, Serbia, Turkey and Macedonia. Sofia is the capital and the currency is Bulgarian Lev which is a strong and stable currency. Bulgaria is also a member of a member of the European Union, NATO and European Council. Main industries are sectors are energy, mining, metallurgy, machine building, agriculture and tourism. Bulgaria does not participate in the Schengen area.
Bulgaria has low tax rates such 10% personal and corporate tax and a skilled educated workforce.
Bulgaria offers permanent residence scheme for foreigners known as ‘Immigrant investor program’.
- €250,000 in Business entity (only temporary residency)
- €300,000 in real estate (only temporary residency)
- €512,000 (BGN 1 million) Business enterprise capital (PR immediate)
- €512,000 (BGN 1 million) Government bonds (PR immediate)
The investment amount must stay for 5 years and then refunded back with interest.
Bulgaria also offers fast track citizenship scheme for twice the above investmet
Foreigners can apply for citizenship after legally living for five years
Bulgaria passport offers EU citizenship rights. As of 2018, the passport of Bulgaria ranks 18th powerful passport in the world with visa free travel to 169 countries (Canada, UK, Europe etc,)