The government bond portfolio is for an investment period of at least five years. Both EU and non-EU may be eligible to apply. To obtain a permanent residence one must spend 5 years in Bulgaria according to the long-term stay conditions. The status of a person who has permanent residence or citizenship in Bulgaria automatically entitles his family members - spouses and children - … At the same time, there is no obligation for you to stay in the country, even a single day. The permanent residence permit is one of the key requirements for obtaining Bulgarian citizenship. Rules are very strict and different legal regime applies for obtaining residence permit towards the citizens of EU (as well as Iceland, Liechtenstein, Norway, and Switzerland, etc. General case: the number of foreign employees employed by a Bulgarian entity may not exceed 20% of the average number of employees (Bulgarian and EU nationals) in the Bulgarian entity for the past 12 months. The extended residence permit is issued for a period of up to five (5) years (depending on the expiry dates of the submitted documents) and can be renewed indefinite number of times. In order to apply for a permanent residence permit, a foreign citizen must first obtain a Bulgarian extended residence permit. This cannot be used as collateral for loans financed by other Bulgarian credit institutions. Q) How many years do I have to stay in Bulgaria to obtain a Bulgarian permanent residence permit? You can then keep renewing it for up-to 5 years. After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. The investor visits Bulgaria to apply for permanent residence with the local Migration Office. If travelling from any other country, a negative PCR test for coronavirus, done in the 72 hours before entering Bulgaria is required. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. You must hold Bulgarian long-term permit for 5 years before becoming eligible to apply for a permanent residence permit. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. You will be able to apply for a permanent residence permit (valid indefinitely) after five years’ residence in Bulgaria. The law details also specific reasons why an application for a permanent residence permit may be rejected. Acquiring a Bulgarian permanent residence through the immigration program provides investors with all the rights of a Bulgarian citizen, except the right to vote. This is according to an order published by Bulgaria’s Health Minister Kostadin Angelov, posted on the ministry website on the night of December 21. An exception is made for Bulgarian nationals and holders of permanent residence permits who arrive Loosing permanent residency privileges Art.40 (1) from the Law on the Foreigners, states that the permanent residence status will be revoked, if: p.5 – the person hasn’t settled and is not living in Bulgaria within 12 months after the Plus, Belgian citizenship can help you get the sense of belonging to a nation and a community. Month 3 – Applying for a permanent residence by investment. PERMANENT RESIDENCE 5.1 From what date are third-country nationals entitled to apply for permanent residence? 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 – issued by the bodies of the Ministry of the Interior, with 10-year validity period. Permission for a permanent residence may receive aliens: - of Bulgarian descent; - who have resided legally and continuously on the territory of the country for a period of five years, five years after contracting a marriage with a foreigner permanent resident in Bulgaria; - minor or underage children of a foreigner permanent resident in… holders of a permanent Bulgarian residence permit. Note that this list is not all-inclusive, and only contains some of the documents required. The residence gives applicants the right to enter and leave Bulgaria freely, as well as the right to travel across all European countries visa-free. As an EU national, you automatically acquire the right of permanent residence in another EU country if you have lived there legally for a continuous period of 5 years.If you fulfil this requirement, you can apply for a permanent residence document, which confirms your right to live in the country where you now live permanently, without any conditions. And to acquire the permanent resident status you need to have legally lived in Bulgaria for five (5) consecutive years, more exactly, more than 30 months during this period. With permanent residence, if you leave for longer than one/two years, you lose your status. The following foreign applicants are eligible for a permanent residence permit under Foreigners in the Republic of Bulgaria Act ( FRBA) and the Rules on Application of Foreigners in the Republic of Bulgaria Act ( RAFRBA ): A foreign citizen of Bulgarian origin. 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. You will sign an application (computer generated) for the issuance of the document provided for in the Withdrawal Agreement and its implementing acts: a residence permit in the form of a plastic card. FOREIGN RESIDENCE IN BULGARIA, Real Property Individual Investment Services, Subscription Plans for Legal Enitites and Liberal Professions, LONG-TERM BULGARIAN VISA /BULGARIAN VISA D/, Permanent Residence in Bulgaria. 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). participating in the political process by registering and voting, joining the police force or military). The Black Sea defines the extent of the country to the east. 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. Individuals must hold a Bulgarian temporary residence permit for 5 years before they are eligible to apply for a permanent residence permit. Issuing of “blue card of EU” for labor reasons is also recognized by the Bulgarian legislation. You will submit your application to the National Migration Directorate in Bulgaria no later than 60 days before your long-term residency permit expires. copyrightable works, ideas, discoveries, inventions). Holding the permanent residence for five years, we can initiate the Bulgarian citizenship by investment application with the Ministry of Justice. Once the initial application and Investment is approved, Permanent Residency is granted. Bulgaria also has an Investment Promotion Act through which foreign investors may apply for a residence permit. 6. The deadline to apply varies from country to country. Permanent Residence in Bulgaria Bulgaria (officially the Republic of Bulgaria) is a country in Southern Europe. Loosing permanent residency privileges. and their family members Application Form_UK . Contact us for more details office@lexsofia.com or find more contact details in Contact section of our website; * Note that foreigners, who visit or reside in Bulgaria, are obliged to follow the public legal order, to be loyal to the Bulgarian country and not to harm the prestige and honor of the Bulgarian nation. These reasons are usually related to economic, medical or criminal issues, connected with the applicant. The period starts since your first … This entitles the person to the same rights as a Bulgarian citizen, except the right to vote. Applicants who have invested over BGN 1,000,000 (one million Bulgarian Leva) within the country – or have increased their investment with the same amount – through an acquisition of: shares in Bulgarian companies listed on the Bulgarian Stock Exchange, bonds and treasury bills, as well as derivative instruments issued by Bulgarian financial institutions (with a maturity period of no fewer than 6 months), rights of ownership of assets in Bulgarian company with more than 50% government share (under the Privatization and Post-Privatization Control Act), Bulgarian intellectual property (e.g. Permanent Residence Permits After 5 years of uninterrupted residency in Bulgaria, an application can be made for permanent residence (and later you can also apply for Bulgarian citizenship). You will be able to apply for a permanent residence permit (valid indefinitely) after five years’ residence in Bulgaria. You prove that the center of your vital interests is in Bulgaria. This is the most popular category for obtaining permanent residence in Bulgaria. The first Bulgarian permanent residence permit is issued for only five years, and the next renewal will give you an indefinite permanent residency in Bulgaria. In cases of eventual refusals by the Authorities for issuing permanent residence permit, we can appeal these on behalf of the applicant in the local Bulgarian court, which is the institution, entitled to hear and decide on this specific type of appeals. The following foreign applicants are eligible for a permanent residence permit under Foreigners in the Republic of Bulgaria Act (FRBA) and the Rules on Application of Foreigners in the Republic of Bulgaria Act (RAFRBA): There are some documents that your local Migration office requires from every applicant no matter what the grounds for the permanent residence permit application are. Our lawyers can provide advice about the legal requirements before applying for a permanent residence permit in Bulgaria. The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. You reside in Bulgaria for not less than 183 days annually or 2. Permanent Residence Permit. Permanent residence is a lifetime status and your rights are equal to the rights of citizens. Not in Bulgaria, where bureaucracy remains frustratingly opaque. 3. In some specific case, workers in other countries-members of the EU can receive a long-term residence permit in Bulgaria on labor reasons, and valid for one year, where it could be renewed later. Permanent Residence by Origin If you have Bulgarian origin and you have obtained a certificate of Bulgarian origin from the State Agency for Bulgarians Abroad , but you have failed your Bulgarian citizenship by origin application because you cannot provide sufficient evidence of your origin or for any other reason, you still may obtain Bulgarian permanent residence. You must then apply for a long-term residence permit. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. How Long Does The Permanent Residence Permit last? Documents for the application should be submitted no later than 2 months before the expiration date of the existing permit. To obtain a permanent residence permit, you need to provide the following documents and complete the following steps: Your Bulgarian residence permit will be valid for 6 or 12 months. The ban on entering Bulgaria from the UK does not apply to Bulgarian citizens, permanent and long-term residents and medical specialists, among other categories of people. Holders of a permanent residence permit are entitled the same rights and obligations that come with Bulgarian citizenship except those which are explicitly forbidden (e.g. Permanent residence permits are issued by the Bulgarian Ministry of Interior. The permanent residence permit is issued by the local Migration Offices in Bulgaria. If you are living in Bulgaria or move there permanently before 31 December 2020, you will have life-long healthcare rights in Bulgaria as you do now, provided you remain legally resident. 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. Art.40 (1) from the Law on the Foreigners, states that the permanent residence status will be revoked, if: p.5 – the person hasn’t settled and is not living in Bulgaria within 12 months after the residence permit has been obtained (controversial); Bulgaria bans UK travelers from entry as of Dec. 21 due to COVID-19. It is very often issued on the base of Bulgarian origins of the applicant, or marital or family relations, or spending 5 years of residence here, the presence of investment intentions/reasons, etc. participating in the political process by registering and voting, joining the police force or military). Permanent residence Certificate for EU citizens in Bulgaria – issued by the bodies of the Ministry of the Interior, with 10-year validity period. Applicants who have made a capital investment of at least BGN 6,000,000 in a Bulgarian company which is not traded on a regulated stock exchange, Applicants who are not of Bulgarian origin but were born in Bulgaria, have lost Bulgarian citizenship due to deportation (or voluntarily), and intend to remain in the country long-term, Applicants who immigrated to – or were born in – Bulgaria before December 27, 1998, or have a parent married to a Bulgarian citizen, Family members of a Bulgarian citizen who have remained in Bulgaria without interruption for a period of at last 5 years, Applicants who immigrated to – or were born in – Bulgaria before December 27, 1998, and are not recognized as citizens of the Former Soviet Republics, A foreign citizen who has undertaken economic activity and has been certified for this by the Ministry of Economy, A child who was born and abandoned by a foreign parent in Bulgaria and placed in a child care institution/provided with foster care services that respond to the assessed needs (as a measure of protection). The most important requirement is the permanent residence of the person. Permanent residence permits are issued by the Bulgarian Ministry of Interior. 5. 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. Acquiring the right of permanent residence. Holding Bulgarian permanent residence for five years entitles you to apply for Bulgarian citizenship. Be over 18 years old. SECURING RESIDENCE AND WORK STATUS 6.1 What steps could The Bulgarian residency is implied by the prolo… Both citizens and permanent residents have the right to vote in different types of elections. This entitles you to the same rights as a Bulgarian citizen, (except for the right to vote. Applicants who have made an investment of a minimum of BGN 1,000,000 at a licensed credit institution in Bulgaria for a period of at least 5 years. It’s usually a formality to have a permit renewed, although you will need to have spent at least six months and one day of the 12-month period in Bulgaria. And to acquire the permanent resident status you need to have legally lived in Bulgaria for five (5) consecutive years, more … After five years uninterrupted residency in Bulgaria, an application can be made for permanent residence. The permanent residence permit is one of the key requirements for obtaining Bulgarian citizenship. Must have maintained permanent resident status and a valid residential address for the past five years. Getting Bulgarian residence will give you all rights of a Bulgarian citizen except the right to vote. Who is Eligible to Apply for the Permanent Bulgarian Residence Permit? In order to apply for a permanent residence permit, a foreign citizen must first obtain a Bulgarian extended residence permit. Bulgarian citizenship and residency - the new law for the foreigners 2016 - Duration: 12:38. The long-term EU residence permit has a validity period of five years and can be renewed. An applicant who has been married for more than 5 years to a foreign citizen and has resided in Bulgaria without interruption for the last 5 years, Minor child applicant who is unmarried and dependent on a foreign citizen who permanently resides in the country, Parents of a dependent Bulgarian citizen (e.g. You will submit your application to the National Migration Directorate in Bulgaria no later than 60 days before your long-term residency permit expires. The permanent residence permit could be granted also towards foreigners who already have merits towards Bulgaria in the public or economic sphere, in the science, culture or sport. Long-term or permanent residence in Bulgaria is available on the different legal basis under the provisions of the Foreigners Act. This earns you the same rights as a Bulgarian citizen, other than the right to vote. Permanent Residence Permit Documents I Must Provide, Permanent Residence Permit Submission Deadline. The Bulgarian residence and ID card will guarantee hassle-free visits to Bulgaria and other EU countries Long-term or permanent residence in Bulgaria is available on the different legal basis under the provisions of the Foreigners Act. On top of the above, the local airports connect the country with the rest of the world quickly and easily with many attractive flight rates. Other international entry and domestic restrictions remain in place. Extended residence permit – with a term of validity of up to one year B. for long-term residence or permanent residence in the Republic of Bulgaria for nationals of the United Kingdom of Great Britain and Northern Ireland . The Permanent residence certificate shall be withdrawn from the person, to whom it is issued, in case he/she is absent from the Republic of Bulgaria for a period longer than two consecutive years. The residency permit can be: 1. Long term – up to 5 years (it is EU residency also) - after accomplishing 5 years of continuous permit 3. Is the Permanent Residence Permit for Bulgaria Right for Me? 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. You will also be able to enter and leave the … 2. Portugal Residency Visa Bulgaria - for Bulgarian citizens to allow business investors to move to Portugal and pursue permanent residence permit and citizenship. No further investment is required. Has his/her permanent residence in Bulgaria; Has stayed in Bulgaria for at least 183 days within a 12-month time period; His/her life-focus is located in Bulgaria; Has been sent by the Bulgarian state abroad. Posolstvo.eu - Legal Immigration Services 3,464 views If you are a UK national, you and your family may need to apply for a new residence status in the EU country where you are living. Permission for a permanent residence may receive aliens: – of Bulgarian descent; – who have resided legally and continuously on the territory of the country for a period of five years, five years after contracting a marriage with a foreigner permanent resident in Bulgaria; Permanent residence in Serbia can be granted to a foreigner by a relevant authority if one of the following conditions are fulfilled: They have stayed continuously in the Republic of Serbia for a period longer than 5 years – up to the date of submitting the request for permanent residence, by having been granted a temporary residence permit in those 5 years (or more). child under 18 years old) who have legally resided in Bulgaria without interruption for the last 3 years, Applicants who have remained in Bulgaria for a period of at least 5 years on the basis of either long-term EU residence permit or extended residence permit before submitting the permanent residence application (one of the most common requirement). Permanent residence permits are issued by the Bulgarian Ministry of Interior. The requirements for those who opt for the regular program are as follows: 1. Bulgaria: Authorities prohibit entry of all travelers from the UK that are not Bulgarian citizens or permanent residents, Dec. 21, due to COVID-19 /update 19. Permanent residence in Bulgaria by origin provides foreign citizens with Bulgarian roots with the opportunity to settle in the country with no time limit. Applicants must choose either the Financing Option (€190,000), or the Real Estate Option (€288,000) to kick-start the PR Process. It will be then renewable annually for a period of up to 5 years. Holding the permanent residence for five years, we can initiate the Bulgarian citizenship by investment application with the Ministry of Justice. The applicant must be a partner or a shareholder who holds a majority of the company’s stock and has achieved the following as a result of the investment: acquisition of fixed assets for the amount of BGN 500,000, creation of at least 10 jobs for Bulgarian citizens, sustainability of investment over the period of residence, A filled out permanent residence application form (residence permit applications form are available at your local Migration office), valid long-term EU residence permit or extended residence permit or previous permanent permit if any (only required on renewal). What Are Permanent Residence Permit Holders Entitled? Malta permanent residency How to obtain Malta residency by investment: cost & requirements - Duration: 5:52. More about the options to obtain permanent residency permit you can read in the following articles: PERMANENT RESIDENCE IN BULGARIA THROUGH GOVERNMENT SECURITIES, PERMANENT RESIDENCE IN BULGARIA BY ORIGIN, BULGARIAN CITIZENSHIP. The holder of the permanent stay residence status in Bulgaria is entitled to: – visa – free entry and indefinite stay in the country; – development of own business in own company or in others; – education on equal terms as the The Permanent residence certificate shall be withdrawn from the person, to whom it is issued, in case he/she is absent from the Republic of Bulgaria for a period longer than two consecutive years. permanent residence permit Foreigners who have been granted a long-term residence status or permanent residence in Bulgaria can work without the need of a work permit. A permanent residence permit allows individuals to stay in Germany for an unspecified period. Investment. The Foreigners in the Republic of Bulgaria Actallows foreign nationals to apply for Visa D and Bulgarian temporary residence under more than 20 grounds. The residence gives applicants the right to enter and leave Bulgaria freely, as well as the right to travel across all European countries visa-free. 3.2 If permission to work is needed after 1 January 2021, do any quotas apply to the employment of third-country nationals? Spouses and children can apply for permanent residency as soon as the main applicant attains theirs. During that period, they should not have spent more than 30 months outside the country. This entitles the person to the same rights as … Yes. A foreign citizen who has made an investment in the country by deploying more than BGN 500,000 venture capital in a Bulgarian company. Bulgaria offers permanent residency through investment of €511,292 (BGN 1 million) in government bonds. Immigration. It’s usually a formality to have a permit renewed, although you will need to have spent at least six months and one day of the 12-month period in Bulgaria. 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