Residence permit for investment in Bulgaria 2024
20.04.2024
Many of those who were in picturesque Bulgaria are interested in coming back here again. And often there are those who want to stay here to live. But, unfortunately, the desire alone is not enough to move to another country for permanent residence. At the same time, Bulgaria has a fairly loyal immigration policy. In this article we will consider the rules for obtaining a residence permit in Bulgaria in 2024.
How do you get a residence permit in Bulgaria for an investor?
Since Bulgaria is a dynamically developing country, it positively accepts foreign investments in the economy. And this in turn offers several benefits to investors. One of them is the right to settle in Israel for permanent residence.
You can invest in business. It is necessary to become the owner of at least 50 percent of the company's shares. And the company is committed to creating ten jobs for its citizens. This will be the reason for obtaining a residence permit. It is necessary to maintain investments at this level for five years. After five years it will be possible to apply for Bulgarian citizenship, and the invested investments are already disposed of at their discretion.
Does buying a property give you a residence permit in Bulgaria and what is needed for that?
Bulgaria does not currently grant residence permits to citizens of Russia and Kazakhstan. Ukraine is currently available on a closed license basis.
Citizens of other countries can apply for a residence permit in Bulgaria when purchasing property. For this purpose, it is necessary to buy and register a house or apartment in the amount of more than 307 thousand euros. Such an investment is attractive because there are minimal risks.
You don't need to worry about the state of the business you invested in, its profitability and stability in the market. The apartment, house or apartment purchased remains yours and will not lose its value.
What do I need to get a residence permit in Bulgaria to buy a property?
You need to get a D visa, without it you will not be able to apply for a residence permit in Bulgaria. You submit the application and the entire package of documents to the Embassy and Consulate of Bulgaria. The document package necessarily includes a rental declaration or ownership document.
You can browse the offers in the property market, check the prices and find suitable options on our website. Here you will find: property in Pomorie, St. Vlas, Burgas and other cities in Bulgaria. Here too you will find houses and townhouses, as well as inexpensive apartments.
How do you get a residence permit in Bulgaria?
The country's legislation provides several ways to obtain a residence permit in Bulgaria. these are:
● Marriage to a citizen of the country or a holder of a permanent residence permit.
● Obtaining a residence permit in Bulgaria for pensioners is also provided for in the legislation. Foreign retirees can settle here provided they have sufficient financial means for living.
● on the basis of family ties. If one of the parents or one of the grandparents is Bulgarian, this gives the right to apply for a residence permit.
● Education. In addition to the fact that here you can get a high-quality education and a specialist's diploma, which is cited in most EU countries. Student status also gives the right to issue a residence permit.
● Section 25 of the Law "On Combating Human Trafficking" provides not only protection for foreign citizens, but also the possibility of staying in the country permanently.
● Investments of two hundred and fifty seven thousand euros or more.
Dira Bulgarit was established with the aim of helping the Israeli investor find the most worthwhile properties throughout Bulgaria. On our site you will find hundreds of properties - from studio apartments in resorts to luxury apartments of three and four rooms in modern projects built to the highest standards. Our team of experts is waiting for you, contact us today and we will answer any question you might have so that you can find the most profitable real estate investments for you in Bulgaria.
