Bulgaria•EuropeVaries
EUR €100
Varies by filing options
5 years
Renewable
Renewal
Renewable
Family
Dependents allowed
PR Pathway
Yes
Sponsor
No job offer needed
Work
Remote not required
Permanent residence on arrival for non-EU investors placing BGN 1,000,000 (~EUR 512,000) in Bulgarian regulated-market shares or government debt for 5+ years.
Bulgaria's investor PR route under Article 25(1)6 of the Foreigners Act grants immediate permanent residence to non-EU nationals holding at least BGN 1,000,000 (~EUR 512,000) in Bulgarian regulated-market shares or government/municipal debt securities with 6+ months maturity.
Applicants enter on a Visa D (EUR 100 under Art. 15(1)), then file at the Migration Directorate. No minimum physical-stay applies and status is indefinite; the ID card renews every 5 years. The investment must be held 5+ years. Naturalisation is then via the standard route — the fast-track citizenship-by-investment regime was repealed on 2 March 2022.
This visa is ideal for high-net-worth non-EU investors seeking an EU residency anchor with Schengen mobility and minimal presence requirements, able to hold the capital in Bulgarian securities for 5+ years and clear DANS source-of-funds checks.
| Status type | Permanent / indefinite |
Visas you can typically switch to from this status.
BulgariaMust be a non-EU/EEA citizen.
Must be at least 18 years old.
Must pass a pre-approval due diligence process with the Bulgarian Investment Agency.
Must make a minimum investment of €512,000 in a government-regulated Bulgarian Investment Fund (AIF or ETF).
Investment must be held for at least 5 years.
Must have a clean criminal record.
Must prove the legal source of investment funds.
Must not be a Politically Exposed Person (PEP) in a way that violates compliance standards.
Investment
512,000 EUR
Valid passport.
Criminal record certificate from home country and country of residence.
Proof of legal source of funds.
Bank reference letter showing a balance of at least €512,000 in an FATF-compliant jurisdiction.
Investment confirmation certificate from the Bulgarian fund.
Anti-Money Laundering (AML) declaration.
Politically Exposed Person (PEP) declaration.
Power of Attorney (if using legal representation).
| Investor Visa Application | — |
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