The main proposed amendment, which is basically the most important for all future candidates for fast-track Bulgarian citizenship by investment, is the proposal to cancel Art. Bulgarian Citizenship by Investment – 2020 and beyond Updates on the future plans to enhance the conditions of the Bulgarian CBI program There have been many talks about the plans of the Bulgarian government to change the conditions of the investment citizenship program. The Bulgaria Citizenship by Investment Program is based on provisions in the Bulgarian Citizenship Act (BCA) and the Foreign Nationals in the Republic of Bulgaria Act (FNRBA). 14a (1), p.1 (a) of the “Law for the Bulgarian citizenship.” To apply for Bulgaria citizenship through investment, you need to first achieve at least one year residency in Bulgaria, then deposit the minimum of BGN 1 million (€512,000) into the Bulgaria government bond program for a period of 5 years.However, you should know that there is no accrued interest for the investment but it’s an investment guaranteed by government bond. Double the investment by purchasing €512,000 in government bonds or in the capital of a Bulgarian company that is carrying out a Priority Investment Project (as defined in the Investment Promotion Act). The money can be invested in one or more options at the same time. Hold a second additional investment for a period of two years. Bulgarian Citizenship by Investment. Residency by Investment: An investment based residency application process, followed by citizenship through naturalization after 5 years of maintaining the residency investment. The Bulgarian Citizenship Investor Program is an attractive opportunity for foreign investors and wealthy individuals to enjoy visa-free access or visa-on-arrival access to 157 countries and territories, Bulgarian citizenship … February 16, 2020. Since it’s really a hybrid program, not many people linger in the permanent resident stage. How to obtain Bulgarian citizenship in 2020 The investor first obtains a permanent residence status in exchange for an investment of BGN 1 million or about €512,000. A foreigner who wishes to invest in Bulgaria and obtain a permanent residence permit and later to acquire Bulgarian citizenship by investment, has several options to … Standard Track – … Non-EU citizens first deposit 1,000,000 Bulgarian lev (about $560,000) into a government bond portfolio. Like Malta and Cyprus, Bulgaria’s citizenship by investment program begins with residency. Web meeting for new EU citizens who have obtained Bulgarian citizenship by investment in 2020 Posted on January 8, 2021 January 8, 2021 Author Leave a comment The past year was sad for many, but those who obtained Bulgarian citizenship by investment have every reason to celebrate in 2021 (This money is held for five years, then returned to investors without interest.) The relevant provisions date to late 2013, as amended. Investment size. Financing options are available to qualified applicants. The biggest draw of the Bulgarian residence-to-citizenship investment program is that it is the fastest way to obtain a European citizenship besides citizenship by investment.