Must have maintained permanent resident status and a valid residential address for the past five years. It should be noted that the local law is very about the particular conditions that have to be matched for issuing such type of residence permit. The permanent residence permit is issued by the local Migration Offices in Bulgaria. Permanent Residence in Bulgaria Bulgaria (officially the Republic of Bulgaria) is a country in Southern Europe. It is not the same as becoming a German citizen and having a German passport, but it offers much more security than having a Temporary Residence Permit (Aufenthaltserlaubnis). Permanent (not limited in time, but is valid for Bulgaria … Continuous (renewed each year):- up to 6 months; - up to 1 year; 2. Permanent (not limited in time, but is valid for Bulgaria only, not applicable to EU) - after accomplishing 5 years of continuous permit Permanent Residence Permit If you have resided legally in Bulgaria for a period of five years on the basis of a consecutive long-term residence permit, you and your family members are entitled to a permanent residence permit. Holders of Bulgarian permanent residency can work in Bulgaria without work permit; Non-EU nationals and their families (spouse and minor children) can obtain Permanent Residence in Bulgaria. Obtaining temporary residence in Bulgaria and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria. The residency permit can be: 1. Usually, permanent residence applications are reviewed within 30 working days; Month 4 – 6 – Once the residence application is approved, the applicant will be photographed and the permanent residence card is issued within 3 business days. Obtaining temporary residence in Bulgaria and renewing it annually for a period of five years and residing physically in the country for 30 months in the last five years, you are eligible to apply for a permanent residence in Bulgaria. For more information about obtaining Bulgarian permanent residency, please do not hesitate to, Foreigners in the Republic of Bulgaria Act, Bulgarian permanent residence by investment, Bulgaria to retain its Citizenship by Investment program in 2019, Overview of Bulgarian citizenship by investment, Brokers traps to avoid when buying a real estate in Bulgaria. Read the … The interesting here is that after residing physically in the country for 48 months in the last five years on permanent residency, you are eligible to apply for a Bulgarian Citizenship by Naturalization. €512,000 will get you a permanent residence status and a five-year path to citizenship. The first step to obtaining a permanent residence is to get a long term stay permit, which is valid for 1 year and is renewed each year. €1.024,000 reduces your time to EU citizenship and passport to just two years. The Bulgarian Investor visa is usually granted within 30 working days; Month 3 – Applying for a permanent residence by investment. You will have to make two trips to a Bulgarian Consulate in your home country, and two trips to Bulgaria during the process. Foreigners with long-term or permanent residence in Bulgaria; Managers of companies or branches of foreign entities; Members of boards of directors of companies who do not work under an employment … The full ‘Law For The Foreigners In The Republic Of Bulgaria’ is available on the Bulgarian Ministry of Interior website (www.mvr.bg/en – click on ‘Legal Framework’/'Laws and Rules’). Since 1 st of August 2019 banks in Bulgaria refuse to open deposit bank accounts (accounts for the deposition of the founding capital of the company) unless the director and shareholder of the company is a resident of Bulgaria. The application for Permanent Residence in Bulgaria should be made to the Migration Directorate within the Ministry of Interior. Residence permits. The requirements … The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. Renewal applications should be submitted no later than 3 months before the expiration of the permanent residence permit. One of the most preferred is the purchase of a real estate property in Bulgaria. BULGARIA PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit: - Invest €512,000 (BGN 1 million) in Bulgarian Government bonds locked for 5 years and paid out with 0% interest Obtaining a Bulgarian ID card is a precondition to be granted tax residence of Bulgaria. Be over 18 years old. The program can be upgraded to citizenship by investment. They can use their residence documents … In accordance with the Bulgarian Citizenship Act, foreign investors who hold a permanent resident permit for at least five years are eligible to apply for Bulgarian citizenship. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to … You’re considered to be a Bulgarian resident for taxation purposes if any of the followings applies: your permanent home, i.e. BULGARIA RESIDENCY PROGRAM THROUGH INVESTMENT. Facebook The issued certificate is the basis for applying for permanent residence. Permanent residence (разрешение за постоянно пребиваване) gives holders the same rights as citizens, except the right to vote. You will submit your application to the National Migration Directorate in Bulgaria no later than 60 days before your long-term residency permit expires. This type of stay, made for more than 5 years, gives a right for a Bulgarian citizenship. It is very often issued on the base of Bulgarian origins of the applicant, or marital or family relations, or spending 5 years of … Long-term residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 5-year validity period;; Permanent residence Certificate for EU citizens in Bulgaria – … Program description. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. Immigration. Usually, permanent residence applications are reviewed within 30 working days; Month 4 – 6 – Once the residence application is approved, the applicant will be photographed and the permanent residence … A long-term stay in Bulgaria can be continuous with a one-year leave to remain (D-type visas), and permanent with an indefinite leave to remain (permanent residence). Bulgaria also has an Investment Promotion Act through which foreign investors may apply for a residence permit. This allows a foreigner to legally reside in Bulgaria up to 5 years. This entitles the person to the same rights as a Bulgarian … After 5 years of residency without interruption the foreigner can apply for long term residency. The Foreigners in the Republic of Bulgaria Actallows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. 2. Non-EU nationals and their families (spouse and children below 18) can apply for Permanent Residence in Bulgaria if they invest in several financial instruments. After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. This earns you the same rights as a Bulgarian citizen, other than the right to vote. Permanent Residence Permit If you have resided legally in Bulgaria for a period of five years on the basis of a consecutive long-term residence permit, you and your family members are entitled to a permanent … 3. The Foreigners in the Republic of Bulgaria Act allows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. 20 grounds are issued by the Bulgarian Ministry of the Interior, with 10-year validity.. 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