Bulgaria•EuropeVaries
100 EUR
5 years
Yes
Not Required
Allowed
Available
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 Naturalisation is then via the standard route — the fast-track citizenship-by-investment regime was repealed on 2 March 2022.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.
Education
none or higher
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 | — |
| Fee Breakdown | Long-stay visa D (Art. 15(1)): 100 EUR | mfa.bg |
| Fees | EUR 100 long-stay visa D fee under Art. 15(1) of the Foreigners Act, plus state fees for the permane… | mfa.bg |
| Forms · Investor Visa Application · optional | false | mvr.bg |
| Official Info | https://mvr.bg/migration/en/administrative-services/administrative-servces/issue-of-residence-permit… | mvr.bg |
| Max Stay | Indefinite permanent residence; physical ID card renewed every 5 years (10 years from age 58). | mvr.bg |
| Max Stay Estimate | type: indefinite, notes: Permanent residence permit; Bulgarian ID document for foreigners is renewed… | mvr.bg |
| Required Docs · 3 | Proof of qualifying investment of at least BGN 1,000,000 (approx. EUR 512,000) — e.g. depository sta… | mvr.bg |
| Required Docs · 4 | Depository / settlement statement confirming holding of qualifying Bulgarian regulated-market shares… | mvr.bg |
Let's check your eligibility against published requirements. 2 minutes. Free trial.
Check Eligibility