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Foreign nationals will be granted Bulgarian citizenship for hefty investment


Foreigners will be entitled to acquire Bulgarian citizenship if they invest at least BGN 2 million on the stock exchange, decided the National Assembly, which adopted at second reading amendments to the Bulgarian Citizenship Act.

They must have bought shares in Bulgarian commercial companies, bonds and treasury bills, rights under concession contracts, or invested so much money in a licensed credit institution in Bulgaria for a period of at least 5 years. Such persons will be able to apply for Bulgarian citizenship.

The condition is that they received the permanent or long-term residence permit at least 5 years ago, are not investigated or convicted by a Bulgarian court, and have income to support themselves. They must also have maintained the investment made for at least 5 years. If they manage to acquire Bulgarian passports, their family members will also have the right to apply for citizenship.