Firstly, I would like to kindly draw your attention to the fact that according to the Bulgarian legislature, if the applicant invests 1 million Bulgarian lev in Bulgarian state bonds, he will be granted a permanent residency permit in Bulgaria, not Bulgarian citizenship. Article 25, paragraph 1, point 6 from Foreigners in the Republic of Bulgaria Act states that a permanent resident permit may be granted to foreigners who have invested in the country over 1 million Bulgarian lev or increased their investment by such an amount through the acquisition of debentures and treasury bonds and their derivatives, issued by the state or by the municipalities with a maturity date after at least six months. Be kindly advised that in order to receive Bulgarian citizenship, one would have to wait one year after obtaining the permanent resident permit and then increase his investment to a value of at least 2 million Bulgarian lev. This is the only way for the state to grant Bulgarian citizenship with regard to the investment in Bulgarian state bonds program. Please be also informed that the applicant is not able to “add” his family members to the application. The procedure and the legal basis for them are different since he will get Bulgarian citizenship on the basis of the citizenship already acquired by the first applicant. According to Bulgarian legislature, family members of a foreigner are the people who live with him in one household and are his/hers wife/husband or children, including those adopted, who have not reached the age of 18 and have not been married. Only they are considered “family members” eligible to acquire Bulgarian citizenship on the basis of Bulgarian citizenship already received by the foreigner invested in Bulgarian bonds. Hence, their applications shall be made separately. In any case they must first obtain a permanent resident permit in order to acquire Bulgarian citizenship. The spouse may be granted permanent resident permit as long as the following requirements are met: you have a permanent resident permit in exchange for an investment in Bulgarian state bonds; he/she was married for you for more than five years. The children may be granted a permanent resident permit, as long as the following requirements are met; you have a permanent resident permit in exchange for an investment in Bulgarian state bonds; they have not been married; they have not turned 18 years old. Kindly bear in mind that in order to get Bulgarian citizenship after receiving a permanent resident permit as a family member of a permanent resident foreigner, they must meet the following requirements at the date of application, namely they should: have reached the age of 18 years old; have been granted a permanent resident permit more than five years ago; have not been convicted of intentional crime by a Bulgarian court and to have no criminal proceedings against them for such crime; have an income or occupation to enable them to live in the country.
Who can I bring if I apply for the Bulgarian CBI program?
I am planning to invest 1 million Bulgarian lev in Bulgarian state bonds in exchange for Bulgarian citizenship. How can I add my family members to the application? Who is eligible to be included? Do they get citizenship at the same time as me, or do I have to apply for them separately after I receive citizenship?
One million BG leva investment is not enough to receive citizenship. If that is the only amount, the applicant may apply for the permanent residency statute. Acquiring citizenship demands first to have a permanent residence on that reason, and second, after one year to improve the investment with no less than 1 million BG leva to have a common investment amount of 2 million leva. Family members of a foreigner are the persons who live with him/her in one household and are: a spouse; children of the alien and of his/her spouse, including the adopted, who have not reached the age of 18 and have not been married; children, including adopted ones, of the alien who have not reached the age of 18 and have not been married when he or she has the parental rights and the children are dependent on him/her; children, including those adopted, of the spouse who have not reached the age of 18 and are not married when he or she has custody and the children are dependent on him/her; family members who are the children of 18 years of age of the alien or of his/her spouse who have not been married when serious health reasons require personal care for them or for such reasons are objectively unable to provide their own support. After receiving the permanent residency statute of the applicant, the family members mentioned above could apply on that reason for the long-term residency statute. The applicant’s spouse, and the minors and juveniles who have not entered into a marriage, could apply for the permanent residency statute after the applicant receives the same statute first. After receiving the statute of residency, the applicant (in addition at the above mentioned option) and/or the family members could apply for Bulgarian citizenship if they meet these demands: are of full age/more than 18 years old; for at least five years has been granted a permit for permanent or long-term residency in the republic of Bulgaria; have not been convicted of a premeditated offense of a general nature by a Bulgarian court and have not been prosecuted for such offense, unless rehabilitated; have income or occupation, which gives them the opportunity to support themselves in the republic of Bulgaria.