Have you ever given it a thought that it is time for a standard of living change, by getting involved with Bulgaria immigration with your family, to begin life afresh? A growing figure of individuals is thinking just that. Numerous reasons are behind this and perhaps the first thought is a very low cost of living.
Yes, contrary to the popular belief this lesser known destination but beautiful destination from the European continent has the lowest cost of living in the European region!
The world is dotted with several popular immigration destinations–such as the US, the UK, Canada, Australia, etc.–and these places draw a large number of visitors from all over the world. In Europe, the UK, France, Germany, Italy, Spain, among other, draw the highest number of visitors.
Of late, however, Bulgaria has caught the attention of the global community of migrants, and Bulgaria immigration is now on the upward curve.
Bulgaria–officially the Republic of Bulgaria–is a nation in the Southeastern part of Europe. Sharing its borders with Romania, Serbia and Macedonia, Greece and Turkey, the European hotspot has a total area of 110,994 square kilometres. It’s Europe’s 16th-largest country, in terms of geographical size.
This parliamentary democracy–in which the most influential executive position is that of the Premier–has a developing market economy in the upper middle income series, where the private segment is responsible for more than four-fifth of the GDP.
The republic’s history is rich with curious firsts and permanent effects. The local prehistoric civilizations comprised the globe’s first gold manpower, and Bulgarian, the oldest written Slavic language, keeps on being the native language of more than four-fifth of the nation’s populace.
A Slavic cultural centre, through the Middle Ages, the republic is still renowned the world over for its matchless folk music, decorative carpets, and cultural expositions, comprising earliest ceremonials and dancing over live coals.
The nation’s unbelievable biodiversity hosts some of globe’s oldest trees in the forested rural areas. While political and financial stability safeguards the country’s open-market economy, the Euro-pegged Bulgarian lev is a very powerful currency in the Eastern part of Europe.
Bulgaria Immigration: What You Gain?
Bulgaria Immigration Comes With numerous Benefits. Let’s check some of them here!
- You get access to the different Schengen nations, resulting in the right to reside, do a job, & study anywhere in the European Union (EU).
- You are greeted with the lowest tax rates & free trade atmosphere inside the union.
- You are not subjected to any sort of residency or language skill conditions.
- You get citizenship transferable by descent irrespective of age.
- You have a very speedy to obtain citizenship in just 2 years.
- You are entitled for dual/multiple citizenship.
- You obtain visa Free access to roughly 154 nations (UK; EU).
If you are an investor, the popular citizenship scheme of the nation will enable you to get the prized Permanent Residency (PR) leading to citizenship with no in-country residency conditions. An opening investment of 1,000,000 Bulgarian lev, or roughly EUR 511,292, held in Bulgarian Government bonds, will be given back, minus interest, to you, post 5 years of residency even as the investment will be assured by the government bonds.
With the nation’s admission into the EU in 2007, its visa conditions have been duly improved allegedly to fulfill the different EU requirements. Essentially, entry into the destination is now as (comparatively) simple as admission into any Member State of the Union.
Permanent Residence by Investment Programme
Full Cash Choice: The investor deposits BGN 1,000,000 (roughly EUR 512,000) in the Guaranteed Governmental Bond Portfolio for a time-frame of 5 years. There is no requirements whatsoever of any more payment. Towards the close of the five-year time-frame, the investor receives back the sum BGN 1,000,000 with no accumulated interest. The Investment is completely assured by the government bonds.
Loan Choice: The investor shells-out a reduced sum of EUR 195,000. The reduced sum is employed to finance a 1,000,000 BGN loan from a national chartered bank of Bulgaria. The said loan is repaid at no additional cost to the Investor. Hence, the sum of EUR 195,000 is not given back to the investor at the close of the five-year time-frame, since the same is the alleged walk-away path of investment.
Pick any of these if you want PR using the investment route. Speak to your visa agent for more updates on Bulgaria immigration!
Summary: Interested in moving to a Europe destination that has a very low cost of living? It’s time you got involved with Bulgaria immigration.