
Portugal
From €500,000 + costs
Private Equity Investment
European Residency
EU Schengen Zone Travel
Apply Citizenship 5 years

Bulgaria offers a two-step process to obtain citizenship and a Bulgarian passport. Investors must first apply for the Permanent Residency Programme by investing €512,000 into a choice of investment fund vehicles. The process for PR takes approximately six months to complete. Shortly after residency has been approved, applicants can then fast-track to the citizenship stage by investing a further €512,000. The total timeframe is around 18 months, making it one of the fastest methods of obtaining citizenship in an EU country.
*** Bulgaria Programme now closed ***
Bulgaria offers permanent residency through an investment of €512,000 (BGN 1 million) into a choice of investment funds which must be held for a period of five years. At the end of the five-year period, the funds can be withdrawn and returned to the investor. Bulgarian stocks, exchange-traded funds, private equity, venture capital or hedge funds, and/or REITs are all eligible investments for the programme.
Bulgarian residency investors can apply for Bulgarian citizenship after 5 years. It is also possible to fast-track the citizenship option within 18 months by increasing the investment amount by a further €512,000.
The Bulgarian golden visa programme may be attractive to those seeking a more sophisticated investment in the financial market as opposed to a real estate investment in one of the other European programmes. Aside from the initial costs, investors can liquidate their investment after five years. Enquire here.
La Vida offers a selection of residency and citizenship programmes throughout Europe and elsewhere. Below are some suggestions as an alternative to Bulgaria