Bulgaria Golden Visa - Frequently Asked Questions

If you have any questions about the Bulgaria Golden Visa program, chances are you will find the answers here.

Bulgaria Golden Visa -  Frequently Asked Questions

1. What is the Bulgarian Golden Visa?

The Bulgarian Golden Visa refers to residency obtained through qualifying investment in Bulgaria. Under the real estate route, foreign investors may obtain temporary residency through property acquisition, with progression toward permanent residency under statutory rules.

2. Is Bulgaria part of the European Union?

Yes. Bulgaria is a full member of the European Union and participates in the Schengen Area.

3. How does the real estate residency route work?

Investors acquire qualifying Bulgarian property and apply for temporary residency. After maintaining residency for the required period, they may apply for permanent residency.

4. What is the minimum investment required?

The qualifying real estate investment is generally €310,000+, subject to current legal requirements.

5. What type of property qualifies?

Qualifying properties generally include completed residential units or approved developments that meet immigration investment requirements. We provide guidance on suitable projects aligned with residency criteria.

6. Must the property be fully paid before applying?

Yes. The qualifying property must be fully paid and properly registered prior to submitting the residency application.

7. Can the investment be made through a company?

In certain cases, property may be acquired through a compliant Bulgarian company structure, subject to legal and immigration requirements.

8. Is financing allowed for the property purchase?

Typically, a substantial portion of the investment must be funded by the investor’s own capital. Specific structuring options can be discussed during consultation.

9. Can I rent out the property?

Yes. Investors retain full ownership rights and may rent out the property in accordance with Bulgarian law and project conditions.

10. Do I need to live in Bulgaria full-time?

No. Full-time relocation is not required. Residency must be maintained in accordance with renewal regulations.

11. Can my family be included?

Yes. Spouse and dependent children may be included under one structured application.

12. How long does the residency process take?

Processing timelines vary depending on documentation and approvals, but residency is typically obtained following completion of the qualifying property investment and submission of the application. Our advisory team coordinates the process step-by-step.

13. Does Bulgarian residency allow travel within Europe?

Bulgaria is an EU Member State and part of the Schengen Area. Valid residence permit holders may travel within Schengen in accordance with applicable regulations.

14. Does real estate investment provide permanent residency immediately?

No. The real estate route begins with temporary residency, which can progress to permanent residency after meeting statutory renewal requirements.

15. Is there a pathway to Bulgarian citizenship?

Yes. After obtaining permanent residency and fulfilling naturalization criteria (including statutory residency and language requirements), applicants may become eligible to apply for citizenship

16. What happens if I sell the property?

The qualifying investment must be maintained to preserve residency status. Selling the property may affect residency rights unless an alternative qualifying investment is secured.

17. Is Bulgarian residency the same as tax residency?

No. Immigration residency does not automatically create Bulgarian tax residency. Tax status depends on physical presence and individual circumstances. Independent tax advice is recommended.

18. Do I need to renounce my current citizenship when applying for Bulgarian citizenship?

As part of the process, you must sign a declaration stating your intention to renounce your current citizenship within three years of being granted Bulgarian citizenship. However, you are not required to provide official documentation of renunciation, making this requirement less stringent and more flexible.

19. Why are Asian investors increasingly choosing Bulgaria?

Many investors are seeking alternatives to Western European programmes that have become more expensive or restrictive.
Bulgaria offers:

  • Competitive investment entry level
  • EU Member State status
  • Real estate ownership structure
  • Flexible residency conditions
  • Early-stage market positioning

20. Is Bulgaria a secure place to invest?

As an EU Member State operating under European legal frameworks, Bulgaria provides recognised property ownership rights and investor protections.

21. Is my information kept confidential?

Yes. We work with private clients and international investors under strict confidentiality standards. All enquiries are handled discreetly and securely.

Still Have Questions?

Our advisory team provides personalized guidance tailored to your investment and residency objectives.

Request Private Consultation

Note: Residency approval is subject to Bulgarian immigration law and individual assessment. Requirements may change in accordance with government regulations.