Must have maintained permanent resident status and a valid residential address for the past five years. Registration of a Trade Representative Office of a foreign company in Bulgaria; employing at least 10 local citizens for no fewer than 6 months; 3. €1.024,000 reduces your time to EU citizenship and passport to just two years. Permanent residence permit Permanent residence permits are issued by the Bulgarian Ministry of Interior. Residence permit for permanent residence marked with the words “Beneficiary under art. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. While a visa is required for a foreign person to enter the territory of Bulgaria, a residence permit must be obtained subsequent to the entry, in case this person is willing to stay in Bulgaria for more than 90 days.. This is an option different from continuous and permanent residence permits. There is a fee of 500 BGN for the 1 year period. The Bulgarian Citizenship Act states that non-EU nationals who have held a permanent residence permit for five years can apply for Bulgarian citizenship and a Bulgarian … Foreigners with a Bulgarian Long-term or Permanent Residence Permit are obligated to carry the permit certificate or card as well. - Family reasons for the stay: 3,240 permits in 2017 and 3,615 permits in 2017; - Permits for education and study: 1,067 in 2016 and 1,267 in 2017; - Employment and other remunerated activities: 276 permits in 2016 and 1,822 permits in 2017; - Other reasons: 3,359 permits in 2016 and 4,254 permits in 2017. Foreign persons are not allowed to be involved in any economic activities of their trade representative office. There are 11 main RP document types in the country, with some possible variations, e.g. The health insurance is mandatory when applying for a Bulgarian Type D visa. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. The residence permit takes about 14 days to issue. For UK citizens holding a residence permit for PERMANENT residence in the Republic of Bulgaria: At the Migration Office You should have your national identity document with you. The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. You receive a Bulgarian ID card for non-EU nationals that allows multiple entries and stay in Bulgaria. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. Moreover, it is attractive to foreign investors because of the low business costs (low corporate tax regime, low employment costs, and other benefits). Our experience shows that the most convenient and affordable way for a foreign national to obtain a Bulgarian D visa and Bulgarian residence permit is by way of registering a foreign company’s trade representative office in Bulgaria. The temporary residence is a preconditon to apply for Bulgarian tax residency. A foreign national who wishes to obtain Bulgarian residence permit must first apply for a Bulgarian type “D” immigration visa. General information. It is a status that allows for unrestricted travel within the territory of the European Union. The procedure of issuing a residence permit in Bulgaria for individuals, who are citizens of the European Union (EU) is governed by the Law on Entering, Residing and Leaving the Republic of Bulgaria of EU citizens and members of their families. Investment in real-estate property – 312,000 €; You may learn more how to buy a real-estate in Bulgaria; 4. The ownership can be personal or through a legal entity where the applicant holds at least 50% equity. The registration of a trade representative office in Bulgaria allows foreign persons to easily obtain a temporary residence permit that is valid for up to 1 year, and is renewable annually. If you were resident in Bulgaria before 1 January 2021, you need to apply for a new permit, which was introduced in July 2020. Registration of a Bulgarian limited company, Bulgarian residence for European citizens, a Single Person Private Limited EOOD company, Common mistakes of first time home buyers in Bulgaria. Holding a temporary residence permit for 5 … A foreign national who wishes to obtain Bulgarian residence permit must first apply for a Bulgarian type “D” immigration visa. Foreign citizens wanting to stay in Bulgaria for more than three months must apply for a Bulgaria residence permit. The passports must have a minimum validity period of three months and must have been issued within the last 10 years. There are three types of Bulgarian visas for foreign citizens: Visa applications for coming to Bulgaria must be submitted three months prior to the intended travel. At the end of the five-year period, the full amount of BGN 1 million (€511,292) will be returned to the investor without any accrued interest. Getting the residence permit in Bulgaria it’s the beginning of your journey to get permanent residence or even Bulgarian citizenship. €512,000 will get you a permanent residence status and a five-year path to citizenship. Bulgarian Residence Certificate Application (Optional) Once you have obtained the long-term UE residence permit, you can apply for a residence certificate. © 2012-2020 Markony Immigration Services | All rights reserved. - details about the applicant’s marital status and members of the family. The Black Sea defines the extent of the country to the east. The residence permit regulation is in Foreigners in the Republic of Bulgaria Act and Rules for application of Foreigners in the Republic of Bulgaria Act.While a visa is required for a foreign person to enter the territory of Bulgaria, a residence permit must be obtained subsequent to the entry, in case this person is willing to stay in Bulgaria for more than 90 days. For information about the Investment Promotion Act, you can ask our Bulgarian lawyers. At the end of the five years, you can withdraw the entire amount from the fund. Among the foreigners who can obtain continuous residence permit are: Residence certificates. Continuous (renewed each year):- up to 6 months; - up to 1 year; 2. 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. Holders of a Bulgarian D visa and residence permit can reside legally in Croatia, Cyprus, Romania and Serbia for 90 days in any 180 days period visa free. First of all, they must make sure they have a valid passport with at least two blank pages for visa purposes. A temporary residence permit in Bulgaria can be obtained for a period of six months to one year and can be extended for up to five years. Foreign persons who are otherwise entitled to operate a business in their home country or abroad may establish a trade representative office of their foreign company in Bulgaria. 1. Registering a trade representative office, you are Not required to hire Bulgarian employees. The application is submitted at the Bulgarian consulate or embassy. Bulgaria also has an Investment Promotion Act through which foreign investors may apply for a residence permit. 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