Residency by Investment Program

Bulgaria residency.

Bulgaria's former residency by investment route is closed and is not accepting applications. Review its historical terms and current status.

Last updated:

Program Closed.

Bulgaria's former investment-based route is closed and is not accepting applications. The information below is historical and should not be treated as a currently available residence or citizenship offer.

Residency

About Bulgaria.

It is a unitary state on the Balkan Peninsula in southeastern Europe bordering the Black Sea in the east. The country shares international borders with Greece, North Macedonia, Romania, Serbia, and Turkey. The country occupies an area of 110,879 km², somewhat larger than Iceland (103,000 km²) or slightly larger than the U.S. state of Tennessee. Bulgaria has a population of about 6.4 million people (2025); its capital and largest city is Sofia, with about 1.3 million inhabitants. The official language is Bulgarian, which is written in Cyrillic.

Benefits

Program benefits.

  • The former route generally targeted residence processing in approximately 6 to 9 months.
  • Historical qualifying assets included certain Bulgarian shares, companies and regulated funds.
  • The former investment-based fast-track citizenship route has been abolished.
  • Historical residence and physical-presence rules should not be treated as a current application route.
  • Any future route would be governed by the law and language requirements in force when introduced.
  • Bulgaria is a full Schengen member, but the closed program provides no current basis for obtaining Bulgarian residence.
  • There is no current investment-program entitlement to live, work or study in Bulgaria or elsewhere in the EU.
  • Tax treatment depends on residence, income and personal circumstances; historical marketing claims should not be relied on.
Country Profile

Bulgaria at a glance.

Continent
Europe
Capital
Sofia
Population
Over 6.4 Million
Total Area
110,879 KM2
Geographical Nature
Mainland
Official Language
Bulgarian
GDP
USD 131 Billion
Currency
Euro
Lifestyle

Life in Bulgaria.

Bulgaria offers one of the more affordable EU bases on the Black Sea coast, with a growing economy and long-standing ties across Southeastern Europe.

Quality of Life

Bulgaria offers one of the more affordable costs of living in the European Union, combined with a varied landscape spanning Black Sea beaches, mountain resorts, and a historic capital in Sofia. The country's location bordering Greece, Romania, Serbia, and Turkey gives it strong regional connectivity.

Economic Environment

Bulgaria has one of the lowest corporate and personal flat tax rates in the EU at 10%, making it an attractive base for internationally mobile investors. The country continues to develop its services and technology sectors alongside more traditional industries.

Process

Former Application process.

  • File preparation and submission. Application fees are due at this stage.
  • Appointment at a Bulgarian Consulate for document signing.
  • Investment transfer by the applicant.
  • Investment certificate issued.
  • Second appointment at a Bulgarian Consulate for visa D application.
  • Visa D granted, followed by a first trip to Bulgaria. Submission of application for permanent residence (PR).
  • Permanent residence approved, followed by a second trip to Bulgaria. Submission of application for Bulgarian PR card.
  • Receipt of Bulgarian PR card (three days after application).

* Historical timeline only. The former route is closed; timelines depended on the Bulgarian authorities’ processing and due diligence.

FAQ

Frequently asked questions.

Current guidance for prospective investors while Bulgaria's former investment-residence route remains closed.

No. The former program is closed and is not accepting new applications. The historical process on this page is retained for reference only, not as an application offer.

There is no current qualifying investment amount because the former program is closed. Do not transfer funds or rely on historical thresholds for a new application.

No new main-applicant or family applications can be made through the closed route. Family eligibility would need to be assessed under any future route or another valid Bulgarian immigration category.

There is no current processing timeline or travel benefit under the closed program. Any future residence route must be assessed under the rules in force when it is officially introduced.

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