The Vineyards Permanent

Residency Program The ideal gateway into the European economy and

way of life, Bulgaria is diverse, culturally rich, and

perfectly placed for working and traveling in and

around the continent.

WHY CHOOSE BULGARIA?

As one of the youngest EU member states, Bulgaria

boasts a rich and diverse culture, temperate climate, and

ideal location in Southeast Europe — and the Investor

Program for Residence in Bulgaria which helps get you

there faster.

Benefits of the program:

Fast process to residency (four to six months);

After five years of having permanent residency

you will be eligible for citizenship;

No language requirements for residence or

citizenship;

No obligation to relinquish current nationality;

Lowest tax rates and free trade environment

within the EU.

The Developer will provide a net income of up

to 5% per year on the investment value.

Free movement within the Schengen zone, after

Bulgaria becomes a member state in 2017;

Access to high quality healthcare in Bulgaria

and the EU;

Benefits for residents:

Unrestricted right to live, work and study in

Europe;

Investment criteria

Offered in accordance with the Foreigners in the

Republic of Bulgaria Act, the Program for Residencies

includes one of the fastest programs (four to six months).

To qualify for application, you will need to meet the

requirements outlined below.

Application criteria

Non-EU citizen;

Valid passport with at least one year prior to

expiration date of the document;

For the residency program, the investment

requirement is €100 000;

Payment of application fees (€7 000);

Scanned copy of the passport’s first page;

Scanned copy of last visas to Bulgaria, UK,

USA and Schengen zone countries;

Color passport photo (3,5 x 4,5 centimeters on a

white background)

Proof that the applicant has no criminal record;

Attest a Power of Attorneys and the lawyer’s

Agreement;

Make a trip to Bulgaria.

Additional company cost – 750 euro per month

for the period until the permanent residency is

obtained (3-6 months)

Applicant Process for acquiring residence

1st step– purchase a property for €100 000 2ndstep– acquiring visa D temporary residency

of 180 days per year (30 days) 3rd step–acquiring extended residency of 360

days per year (2-3 months) 4thstep– acquiring permanent residency for 5

years (2-3 months)

5thstep– acquiring citizenship (five years of being permanent resident) additional fees will be required

Applicant Investment

Applicants choosing this option must invest at least one

hundred thousand Euro (€100 000) at The Vineyards

Panorama development after which the process for

acquiring the Residency begins. A lawyer’s fee of

additional 7 000 euro is required.

CITIZENSHIP REQUIREMENTS

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. Investors will need to file a citizenship

application and pass medical tests in their current

country of residence.

6,924,716 Population Growth: -0.83%

14,400 USD GDP (per capita)

GDP (purchasing power parity)

128.1 billion USD (2013)

GDP growth 3.5% Real (2016, est)

144Visa free countries

LOCATION

Southeastern Europe, bordering the Black Sea,

between Romania and Turkey

CAPITAL

Sofia

DIFFERENCE

UTC+2

TOTAL AREA

110,879 sq. km

LANGUAGE

Bulgarian (official) 76.8%, Turkish 8.2%, Roma

3.8%, other 0.7%, unspecified 10.5%

RELIGIONS

Eastern Orthodox 59.4%, Muslim 7.8%, other 1.7%,

none 3.7%, unspecified 27.4%

GOVERNMENT TYPE

Parliamentary democracy

CURRENCY

Bulgarian Lev (BGN), tied to the euro

EXCHANGE RATE

1 EUR = 1.95583 BGN