As a rule, permanent residence in the EU countries can be obtained after 5 years of living in the country, but in Hungary the permanent residence can be obtained in 1 month. Both citizens and permanent residents have the right to vote in different types of elections. This earns you the same rights as a Bulgarian citizen, other than the right to vote. Not in Bulgaria, where bureaucracy remains frustratingly opaque. 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. Our lawyers can provide advice about the legal requirements before applying for a permanent residence permit in Bulgaria. 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. Extended residence permit – with a term of validity of up to one year B. Documents for the application should be submitted no later than 2 months before the expiration date of the existing permit. 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. The Bulgarian residence and ID card will guarantee hassle-free visits to Bulgaria and other EU countries In addition, our country recognizes blue cards, issued by other countries-members of the EU. The deadline to apply varies from country to country. The standard documents are as follows: You’ll also need to provide a certified translation of any documents that are not in Bulgarian. The holder of a valid Bulgarian visa D can apply for residency permit not later than 14 days before it’s expiration. With permanent residence, if you leave for longer than one/two years, you lose your status. Bulgaria borders five other countries: Romania to the north, Serbia and the Republic of Macedonia to the west, and Greece and Turkey to the south. This is the most popular category for obtaining permanent residence in Bulgaria. Plus, Belgian citizenship can help you get the sense of belonging to a nation and a community. Note that this list is not all-inclusive, and only contains some of the documents required. Fast-track Bulgarian Citizenship by investment. The Bulgarian Permanent Residence and Fast Track Citizenship Programs have been established to allow applicants a relatively swift process for attaining Permanent Residency and Citizenship, with two options: A Financing Option and/or a Real Estate Option. Holding the permanent residence for five years, we can initiate the Bulgarian citizenship by investment application with the Ministry of Justice. Permanent residence permits are issued by the Bulgarian Ministry of Interior. Permanent Residence Permit. 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. 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. Permanent residence permits are issued by the Bulgarian Ministry of Interior. Spouses and children can apply for permanent residency as soon as the main applicant attains theirs. The requirements for those who opt for the regular program are as follows: 1. PERMANENT RESIDENCE 5.1 From what date are third-country nationals entitled to apply for permanent residence? SECURING RESIDENCE AND WORK STATUS 6.1 What steps could According to the Foreigners Act, a permanent residence permit may be granted to foreigners who have invested in Bulgaria more than BGN 1,000,000 (500 000 euros) or increased their investment by such an amount by the acquisition of: shares of Bulgarian commercial corporations traded in a regulated Bulgarian market (stock exchange); 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 - Loan Option: The investor pays a reduced amount of EUR 195,000: The reduced amount is used to finance a 1,000,000 BGN loan from a Bulgarian chartered bank. You reside in Bulgaria for not less than 183 days annually or 2. 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. An exception is made for Bulgarian nationals and holders of permanent residence permits who arrive You can then keep renewing it for up-to 5 years. The long-term EU residence permit has a validity period of five years and can be renewed. You will be able to apply for a permanent residence permit (valid indefinitely) after five years’ residence in Bulgaria. A foreign citizen who has made an investment in the country by deploying more than BGN 500,000 venture capital in a Bulgarian company. Applicants must choose either the Financing Option (€190,000), or the Real Estate Option (€288,000) to kick-start the PR Process. 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. 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. You must hold Bulgarian long-term permit for 5 years before becoming eligible to apply for a permanent residence permit. After five consecutive years of long-term residence, you can apply for permanent residence abroad in Bulgaria. The last type of residence permit is permanent and is the main step to obtain Bulgarian citizenship. Permanent residence is a lifetime status and your rights are equal to the rights of citizens. The issued certificate is the basis for applying for permanent residence. 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. With permanent residence, if you leave for longer than one/two years, you lose your status. 2. This entitles the person to the same rights as … Driving . Month 3 – Applying for a permanent residence by investment. 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