EU Citizenship For Bulgaria

In our days, Immigration Programs for residency and citizenship are very popular. Many people take the benefit to change their origin citizenship, searching for better life, security for their families, or quality education for their children. One such a program is the Bulgarian Immigrant Investor Program, in short called BG IIP.

Let me give you brief information about the program itself.

Bulgarian Immigrant Investor Program, in short BG IIP, is a comparatively new program; the law was voted and accepted by the Bulgarian parliament at the end of April 2009. The program is based on the Canadian Investor Immigrant model, with the unique difference that the investors through BG IIP are not obligated to live in the country during the permanent residency period, as it is with the other similar programs. The end purpose of BG IIP is to obtain Bulgarian, respectively European Union Citizenship, after 5-years permanent residency period.

It takes between 4 to 6 months the applicant to receive his/her Bulgarian Permanent Residency Permit, much faster comparing with some other programs. There are no nationalities or religion restrictions to apply for BG IIP. There are no requirements pretending to management and work experience, education, or age limit to apply for BG IIP.

The investment through BG IIP is made into Bulgarian Governmental Bonds and is fully guaranteed and secured by the Bulgarian Government. You can choose between two options:

Full Investment Option - you will deposit the full investment of BGN 1,000,000 (? 511,292) for 5 years without interest, at the end of the 5th year the amount is refunded to the investor.

Financed Investment Option - you will deposit a reduced amount of ? 160,000. This amount is used to finance a 1,000,000 BGN (? 511.292) closed five-year term loan from a chartered Bulgarian bank. The amount of ? 160,000 is not refunded to the investor at the end of the 5th year.

On base of this investment, Bulgarian state grants you with Permanent Residential status for 5 years. After the 5th year, you can apply for Bulgarian, by extend EU Citizenship, which gives you numerous advantages such as visa free traveling, low cost of doing business, quality education, accessible health care, and quality life style.

Dear reader, for additional information about Bulgaria and the Bulgarian Immigrant Investment Program, and how to obtain EU Citizenship for Bulgaria, please visit http://www.bulgarianjourney.com