The conditions of investment under Investment in a company operating in Bulgaria are as follows:
- The immigrant must acquire a 50% stake in the capital of a Bulgarian company. There are no conditions attached to the location or nature of activity of the company.
- The investor should invest a minimum of EUR 250,000 or the cost of acquisition of 50% stake, whichever is higher.
- The investment must lead to creation of at least ten jobs for Bulgarian citizens under a labor contract.
- The investment must result in creation of new tangible or intangible assets.
The applicant and family members are exempt from the mandatory residence and language requirements along with the requirement to renounce current nationality when becoming a Bulgarian citizen.
Permanent residence permit is issued for tenure of five years under this investment option. The investment and jobs must be maintained to prevent suspension of the permit. The investor can apply for citizenship after a period of five years of permanent residence.
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