The applicant will get the loan from Bulgarian bank of EURO1,024,000 to purchase Bulgarian bond. The applicant only pay the bank interest and processing fees in advance.
The applicant may choose to purchase a designated Life Insurance plan and the premium (investment) is EURO1,500,000. Based on the Life Insurance as an Investment products (invested in the Bulgarian Government Bond) are also qualified for Bulgaria Immigration.
Review of documentation → Make your first installment in the investment → Prepare and submit the application for Visa D of the applicant → Obtain the applicant’s Visa D → The applicant travels to Bulgaria to submit an application for the permanent resident → The applicant receives his/her permanent resident identity card → Prepare and submit the application for Visa D of the family members → Family members travel to Bulgaria to submit an application for the permanent resident → Family members receive their permanent resident identity cards → The applicant make the further investment after one year → The applicant and family members apply for the Bulgarian Citizenship
It normally takes 18 to 24 months to process the application, but there might be some more queries raised during the assessment, the processing time may be longer. The application requirement and procedures are for reference only. It may be changed from time to time because of the amendment of the related laws.
* All the applicants and their dependents must be able to obtain the Certificate of No Criminal Conviction and pass the medical examination
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