{"id":204710,"date":"2025-09-10T13:59:51","date_gmt":"2025-09-10T13:59:51","guid":{"rendered":"https:\/\/adamfayed.com\/?p=204710"},"modified":"2025-09-10T13:59:52","modified_gmt":"2025-09-10T13:59:52","slug":"bulgaria-golden-visa","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/it\/immigration-citizenship\/bulgaria-golden-visa\/","title":{"rendered":"Bulgaria Golden Visa: Residency by Investment Guide"},"content":{"rendered":"<p>The Bulgaria <a href=\"https:\/\/adamfayed.com\/it\/immigration-citizenship\/golden-visas-what-they-are-and-how-they-work\/\">golden visa<\/a> offers a pathway to long-term residency through approved investments rather than direct citizenship.<\/p>\n\n\n\n<p>Bulgaria residency by investment became the primary route after the country phased out its citizenship by investment program in 2022.<\/p>\n\n\n\n<p>Questa guida copre:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Why Bulgaria citizenship by investment closed<\/li>\n\n\n\n<li>How much is a Golden Visa in Bulgaria?<\/li>\n\n\n\n<li>Does Bulgaria offer a Schengen visa?<\/li>\n\n\n\n<li>Can I get Bulgaria residency by buying property?<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>I miei recapiti sono hello@adamfayed.com e WhatsApp +44-7393-450-837 se avete domande.<\/p>\n\n\n\n<p>Le informazioni contenute in questo articolo hanno un valore puramente indicativo. Non costituiscono consulenza finanziaria, legale o fiscale e non rappresentano una raccomandazione o una sollecitazione a investire. Alcuni fatti potrebbero essere cambiati dal momento della stesura.<\/p>\n\n\n\n<img decoding=\"async\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/CTA_5_final_-512x288.jpg\" usemap=\"#image-map\" alt=\"Discover How We Can Address Your Financial Pain Points\">\n\n<map name=\"image-map\">\n    <area href=\"https:\/\/adamfayed.com\/subscribe\/\" target=\"_blank\" alt=\"Subscribe Free\" title=\"Abbonati gratuitamente\" coords=\"72,217,198,252\" shape=\"rect\">\n    <area href=\"https:\/\/adamfayed.com\/contact\/\" target=\"_blank\" alt=\"Discover Now\" title=\"Scopri ora\" coords=\"303,217,429,252\" shape=\"rect\">\n<\/map>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bulgaria Residency by Investment<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.businesstoday.in\/nri\/visa\/story\/bulgaria-golden-visa-2025-schengen-entry-pr-on-day-one-and-citizenship-after-5-years-490791-2025-08-23\" target=\"_blank\" rel=\"noopener\">Bulgaria\u2019s residency-by-investment program<\/a>, commonly known as the Golden Visa, allows non-EU nationals to obtain permanent residency by investing approximately \u20ac512,000 in government-regulated funds such as Alternative Investment Funds (AIFs), Exchange-Traded Funds (ETFs), or Bulgarian companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bulgaria Citizenship by Investment Suspended<\/strong><\/h2>\n\n\n\n<p>Bulgaria officially ended its <a href=\"https:\/\/adamfayed.com\/it\/immigration-citizenship\/countries-with-citizenship-by-investment-programs\/\">Citizenship by Investment (CBI)<\/a> or Golden Passport program in 2022, following concerns raised by the European Commission over security risks, money laundering, and the program\u2019s limited economic benefits.<\/p>\n\n\n\n<p>This decision marked a major policy shift from offering direct citizenship to a focus on residency by investment, now referred to as the Bulgaria Golden Visa.<\/p>\n\n\n\n<p>Under the new framework, investors can still obtain permanent residency by meeting the program\u2019s financial requirements, such as eligible investments in Bulgarian businesses or government-approved assets.<\/p>\n\n\n\n<p>After holding permanent residency for five years and fulfilling other conditions such as language proficiency and integration requirements, applicants may still apply for Bulgarian <a href=\"https:\/\/adamfayed.com\/it\/immigration-citizenship\/citizenship-by-naturalization\/\">citizenship through naturalization<\/a>, not direct purchase.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Is the Minimum Investment to Get a Golden Visa in Bulgaria?<\/strong><\/h2>\n\n\n\n<p>The minimum investment required is \u20ac512,000 (~BGN 1 million).<\/p>\n\n\n\n<p>This must be placed in approved AIFs, ETFs, or similar regulated vehicles and maintained for at least five years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bulgaria Golden Visa Requirements<\/strong><\/h2>\n\n\n\n<p>The Bulgaria Golden Visa program requires applicants to meet strict eligibility criteria including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pre-approval via due diligence with the Bulgarian Investment Agency is required before investing.<\/li>\n\n\n\n<li>Non-residents of EU, with verifiable source of funds, clear criminal record, and financial standing are eligible.<\/li>\n\n\n\n<li>No language or physical presence requirements for permanent residency, though a language exam may apply when applying for citizenship.<\/li>\n\n\n\n<li>Permanent residency status from day one, with renewal every five years.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bulgaria Golden Visa Costs<\/h3>\n\n\n\n<p>Aside from the minimum \u20ac512,000 investment, applicants must consider additional costs, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Government Fees and Application Charges<\/strong> \u2013 Processing, residency card issuance, and due diligence fees can range from \u20ac5,000 to \u20ac25,000 depending on family size and investment route.<\/li>\n\n\n\n<li><strong>Legal and Advisory Fees<\/strong> \u2013 Professional assistance for structuring the investment, preparing documentation, and ensuring compliance may cost \u20ac5,000\u2013\u20ac25,000, with higher fees for complex cases or larger families.<\/li>\n\n\n\n<li><strong>Fund Management Fees (for fund route)<\/strong> \u2013 Annual management charges are around 1% of the investment amount, with potential performance fees of about 25% on profits above a 7% return.<\/li>\n\n\n\n<li><strong>Renewal Fees<\/strong> \u2013 Permanent residency cards are renewed every five years, with administrative charges applied per applicant.<\/li>\n\n\n\n<li><strong>Miscellaneous Costs<\/strong> \u2013 Translation, notarization, apostille, and travel expenses to Bulgaria may add \u20ac500\u2013\u20ac1,500 or more.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Are the Benefits of Permanent Residency in Bulgaria by Investment?<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image alignright size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"341\" height=\"512\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/08\/BENEFITS-OF-BULGARIA-GOLDEN-VISA-341x512.jpg\" alt=\"Benefits of Bulgaria Golden Visa\" class=\"wp-image-204713\" style=\"width:308px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/08\/BENEFITS-OF-BULGARIA-GOLDEN-VISA-341x512.jpg 341w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/08\/BENEFITS-OF-BULGARIA-GOLDEN-VISA-200x300.jpg 200w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/08\/BENEFITS-OF-BULGARIA-GOLDEN-VISA-768x1152.jpg 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/08\/BENEFITS-OF-BULGARIA-GOLDEN-VISA-scaled.jpg 550w\" sizes=\"(max-width: 341px) 100vw, 341px\" \/><figcaption class=\"wp-element-caption\"><em><sub><sup>Foto di Tima Miroshnichenko su Pexels<\/sup><\/sub><\/em><\/figcaption><\/figure>\n\n\n\n<p>The Bulgaria Golden Visa program offers one of the fastest and most secure pathways to <a href=\"https:\/\/adamfayed.com\/it\/immigration-citizenship\/eu-permanent-residency-vs-citizenship-what-is-the-difference\/\">European residency<\/a>.<\/p>\n\n\n\n<p>Other benefits include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Immediate Permanent Residency<\/strong><br>Successful applicants are granted permanent residency from day one, bypassing the usual stage of holding a temporary residence permit. This accelerates the timeline for accessing long-term benefits such as healthcare, education, and eventual citizenship.<\/li>\n\n\n\n<li><strong>Enhanced Mobility Across Europe<\/strong><br>Bulgaria\u2019s entry into the Schengen Area in 2025 allows permanent residents to travel freely across Schengen member states without additional visas. This significantly improves mobility compared to previous years.<\/li>\n\n\n\n<li><strong>Favorable Tax Environment<\/strong><br>Bulgaria offers one of the lowest flat tax rates in the EU (10% on both personal and corporate income) making it attractive for high-net-worth individuals seeking efficient tax planning options.<\/li>\n\n\n\n<li><strong>Inclusive Family Residency<\/strong><br>The program allows the main applicant to include their spouse, dependent children, and even parents, ensuring family members can share residency rights and long-term benefits.<\/li>\n\n\n\n<li><strong>Pathway to Citizenship<\/strong><br>After maintaining permanent residency for at least five years and meeting additional criteria such as language proficiency, applicants can apply for Bulgarian citizenship. <a href=\"https:\/\/adamfayed.com\/it\/immigration-citizenship\/what-are-the-advantages-of-dual-citizenship\/\">Doppia cittadinanza<\/a> is permitted, allowing investors to retain their original nationality.<\/li>\n\n\n\n<li><strong>Access to EU Healthcare and Education Systems<\/strong><br>Permanent residents are entitled to access Bulgaria\u2019s healthcare and public education services, with the added advantage of lower living costs compared to Western Europe.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Are the Disadvantages of a Golden Visa in Bulgaria?<\/strong><\/h2>\n\n\n\n<p>Potential applicants of the Bulgaria Golden Visa should consider its limitations:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>High Entry Cost<\/strong><br>The minimum investment requirement is around \u20ac512,000, placing the program firmly within reach of <a href=\"https:\/\/adamfayed.com\/it\/investment-options\/best-investments-for-high-net-worth-individuals-hnwis\/\">persone con un elevato patrimonio netto<\/a>. For some investors, this capital requirement may limit diversification into other assets.<\/li>\n\n\n\n<li><strong>Five-Year Lock-In Period<\/strong><br>Investors must keep their funds in approved financial instruments for at least five years. Early withdrawal may result in losing permanent residency status or disqualification from the citizenship process.<\/li>\n\n\n\n<li><strong>Ongoing Fund Management Costs<\/strong><br>Depending on the chosen investment vehicle, annual management fees can range from 1\u20132%, with additional performance-based fees for high-return funds. These costs can erode returns over time.<\/li>\n\n\n\n<li><strong>Regulatory Changes<\/strong><br>Previous fast-track citizenship by investment via <a href=\"https:\/\/adamfayed.com\/it\/investment-options\/what-are-bonds\/government-bonds\/\">titoli di Stato<\/a> was discontinued in 2022, reflecting Bulgaria\u2019s shift toward stricter residency requirements. Future amendments to program rules remain possible, adding an element of uncertainty for long-term planning.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bulgaria Golden Visa vs Portugal vs Greece Golden Visa<\/strong><\/h2>\n\n\n\n<p>The key difference among these three golden visas is that Bulgaria offers immediate permanent residency with a flat 10% tax rate, while Portugal and Greece provide temporary residency with progressive tax systems and renewal requirements.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Caratteristica<\/strong><\/td><td><strong>Bulgaria<\/strong><\/td><td><strong>Portogallo<\/strong><\/td><td><strong>Grecia<\/strong><\/td><\/tr><\/thead><tbody><tr><td><strong>Investment threshold<\/strong><\/td><td>\u20ac512,000 (funds or real estate)<\/td><td>\u20ac500k+ (funds), real estate banned now<\/td><td>\u20ac250k\u2013\u20ac800k<\/td><\/tr><tr><td><strong>Residency duration<\/strong><\/td><td>Immediate permanent; no stay required<\/td><td>Temporary, then renewal<\/td><td>Temporary, then renewal<\/td><\/tr><tr><td><strong>Tempo di elaborazione<\/strong><\/td><td>3\u20136 months<\/td><td>12-18 months (often delayed)<\/td><td>3-4 months (moderate)<\/td><\/tr><tr><td><strong>Citizenship timeline<\/strong><\/td><td>After 5 years<\/td><td>After 5 years<\/td><td>After 7 years<\/td><\/tr><tr><td><strong>Mobility<\/strong><\/td><td>EU travel; Schengen member<\/td><td>Full Schengen<\/td><td>Full Schengen<\/td><\/tr><tr><td><strong>Vantaggi fiscali<\/strong><\/td><td>Flat 10% tax rate<\/td><td>Progressive tax<\/td><td>Progressive tax<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusione<\/strong><\/h2>\n\n\n\n<p>The Bulgaria Golden Visa appeals to investors seeking stability in a growing EU economy.<\/p>\n\n\n\n<p>Beyond the immediate residency and citizenship potential, it offers access to Bulgaria&#8217;s competitive tax system and a strategic location bridging Europe and Asia.<\/p>\n\n\n\n<p>For those looking to combine lifestyle advantages with long-term security, it stands out as a pragmatic alternative to more saturated European residency programs.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Domande frequenti<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list\">\n<div id=\"faq-question-1756184100337\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Can You Lose Your Golden Visa in Bulgaria?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Yes, residency can be revoked for serious legal violations.<\/p>\n<p>For instance, even minor tax or labor infractions can jeopardize your status, according to Bulgarian law.<\/p>\n<p>Also, failure to maintain the investment or invalid residency cards may lead to revocation.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1756184117958\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Can You Get Residency in Bulgaria by Buying Property?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Yes\u2014but this is an alternative route.<\/p>\n<p>A real estate investment of at least \u20ac305,900 (including VAT) can qualify for temporary residency, which may become permanent after five years.<\/p>\n<p>This route tends to require more time and steps than fund investment.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1756184135212\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">How Long Can I Stay in Bulgaria If I Own a Property?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Owning property alone does not grant residency rights.<\/p>\n<p>Under the Golden Visa program, there is no physical stay requirement to maintain permanent residency once approved.<\/p>\n<p>However, applicants must travel to Bulgaria for biometrics collection and when renewing residency cards.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1756184153109\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\">Can I obtain Bulgaria residency by company formation?<\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Yes. There are two main pathways:<\/p>\n<p><strong>-Trade Representative Office (TRO)<\/strong> \u2013 You can register a TRO of your foreign company in Bulgaria. This grants a renewable one-year residence permit, provided the TRO remains active.<br \/>-<strong>Bulgarian Company with Employment<\/strong> \u2013 Setting up a company and employing at least 10 Bulgarian citizens allows you to apply for residency.<\/p>\n<p>Permanent residency is only available after maintaining temporary residency for five years. Passive company ownership alone does not qualify.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p><strong>Siete afflitti dall'indecisione finanziaria? <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"512\" height=\"288\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg\" alt=\"\" class=\"wp-image-117505\" style=\"width:683px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-300x169.jpg 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-768x432.jpg 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-scaled.jpg 825w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/become-adams-client\/\">Diventa mio cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/good-match-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fare il quiz sull'idoneit\u00e0 del cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Contatto<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Adam \u00e8 un autore riconosciuto a livello internazionale in materia finanziaria con oltre 830 milioni di visualizzazioni di risposte su Quora, un libro molto venduto su Amazon e un contributo su Forbes.<\/strong><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The Bulgaria golden visa offers a pathway to long-term residency through approved investments rather than direct citizenship. Bulgaria residency by investment became the primary route after the country phased out its citizenship by investment program in 2022. This guide covers: My contact details are hello@adamfayed.com and WhatsApp \u202a+44-7393-450-837 if you have any questions. The information [&hellip;]<\/p>\n","protected":false},"author":60,"featured_media":204718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"no","rop_publish_now_accounts":{"facebook_10166176115445471_100883565069113":""},"rop_publish_now_history":[{"account":"facebook_10166176115445471_100883565069113","service":"facebook","timestamp":1757512877,"status":"error"}],"rop_publish_now_status":"done","footnotes":""},"categories":[11832],"tags":[],"class_list":["post-204710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-immigration-citizenship"],"_links":{"self":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/204710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/comments?post=204710"}],"version-history":[{"count":3,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/204710\/revisions"}],"predecessor-version":[{"id":210391,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/204710\/revisions\/210391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/media\/204718"}],"wp:attachment":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/media?parent=204710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/categories?post=204710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/tags?post=204710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}