Home / Permanent residence for a residence permit with investment support for 5 years

PERMANENT RESIDENCE FOR RESIDENCE PERMIT
ON THE BASIS OF ART. 24, PARA. 1, SUB-PARA 19
AND 20 OF THE BULGARIAN LAW ON FOREIGNERS
WITH A SUPPORT OF INVESTMENTS FOR 5 YEARS

Foreigners who have received a residence permit in Bulgaria on the basis of Art. 24, para 1, sub- para 19 and 20 of the Bulgarian Law on Foreigners (investments in real estate or economically disadvantaged regions) can obtain permanent residence if they support the investment for five years. This ground is provided for in Art. 25, para 1, sub-para 17 of the same Law.
Permanent residence for a residence
        permit with investment support for 5 years

WHAT DO YOU HAVE TO DO?

To obtain a permanent residence, you first need to apply to the Bulgarian Investment Agency for the issue of a document certifying the foreigner's right to permanent residence.

A declaration of origin of funds is attached to the application, as well as:
  • If a residence permit was obtained for investments in real estate (sub-para 19) - a declaration that the circumstances that served as the basis for issuing a residence permit have not changed; or relevant up-to-date documents with a certificate from the Registration Agency (property register).
  • If a residence permit was obtained for investments in economically disadvantaged regions (sub-para 20) - a certificate issued by the Ministry of Economy on the existence of circumstances that served as the ground for obtaining a residence permit.
    The finished document from the Agency within 14 days is sent directly to the migration service at the place of residence of a foreign citizen. He himself receives a copy. The validity period of the confirmation is 6 months. After receiving confirmation from the Investment Agency, a foreigner can apply to the migration service to obtain permanent residence. This requires the following documents:
  • Completed application.
  • Foreign passport valid for at least 3 more months + copies of the first spread and a page with personal data.
  • Certificate from the bank about the availability of funds.
  • Confirmation of the availability of housing in Bulgaria (including rented).
  • Receipt for payment of 10 levs for processing the application.

Documents are reviewed within 14 days. If the permit is received, it is necessary to pay a fee of 1 thousand levs, register with the Community, receive the SCN (single civil number) and a personal card (its cost is 45 levs, the production time is 30 days). The card is valid for 5 years, later you can get a new document. A foreigner with permanent residence is obliged to inform the Investment Agency of all changes in circumstances that invalidate his ground for obtaining a permanent residence permit. In addition, he must report the absence of such changes annually by December 1. All this information must be communicated to the employees of the migration service.
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