Bulgaria Citizenship By Investment

Bulgaria’s citizenship-by-investment system offers a low-cost, flexible gateway to the European Union. The program, founded in 2009 and modified in 2013, offers permanent residency in exchange for a 1 million Bulgarian lev (about $600,000) investment in a range of options, including bonds, stocks and even intellectual property. Investors can then obtain full citizenship after five years — or, in exchange for investing an additional 1 million lev, they can fast-track their application and obtain full citizenship within about 18 months of making their initial investment.