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How can investors get approval from the Bulgarian Investment Agency when applying for CBI?

I’ve heard it is not easy to get approval from Bulgarian Investment Agency. What can non-EU investors do to ensure their applications will have a higher chance of success?


Answers
  • CITZENSHIP AND INVESTMENTS LTD
    October 18, 2021

    The legislation that leads to Bulgarian citizenship by investment was indeed amended in March 2021. With the amendments, the law now requires investors to obtain preliminary approval from the investment agency. If you make sure that your investment is legally compliant, the chances of success will be close to 100%. What you need to do, however, is to process your application without any corners being cut, so you won't get any unpleasant surprises. So, the answer to your question is very easy: just be legally compliant and follow the regulations. That’s it, nothing more, nothing less.