Applicants choosing this option must deposit BGN 1 million (€511,292) in a Governmental Bond Portfolio for an investment period of five years, with no further payment required. The full amount of BGN 1 million (€511,292) will be returned to the investor without any accrued interest after a period of 5 years. The investment is fully guaranteed by the government bonds.
Applicants may leverage their capital by choosing the Financed Investment option. The applicants may pay a reduced amount of €180,000, which is then used to finance a BGN 1 Million (€511,292) 5.5 year loan from a Bulgarian Chartered bank. This loan is initiated and repaid at no further cost to the investor. However, applicants will need to demonstrate worldwide assets of more than €1,000,000. This is required from the Bulgarian Chartered bank should applicants choose this option.
Fast-track Citizenship Option
The fast-track option allows investors to apply for citizenship faster by doubling their investment. The requirements for this option are as follows:
1. Have at least one year of permanent residency status;
2. Double the investment by putting €512,000 in government bonds or in the capital of a Bulgarian company which is carrying out a Priority Investment Project (As defined in the investment Promotion Act) ;
3. Hold second additional investment for a period of two years.
Citizenship applications for participants in the fast-track citizenship program are examined under express procedure.
The upfront nonrefundable fee for the main applicant and spouse is €25,000 with additional €2,500 for each qualifying dependent. Administration charges, background checks, translation costs & professional fees are payable and vary on nationality, size of the family and complexity of the application.
The processing fees for the fast-track option are charged in addition to the fees outlined above.