Bulgaria

An interesting country
with lovely people

Bulgaria is a country in southeastern Europe. It is bordered by Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. With a territory of 110,994 square kilometers, Bulgaria is Europe’s 14th-largest country.

Bulgaria adopted the Kyoto Protocol and achieved the protocol’s objectives by reducing carbon dioxide emissions from 1990 to 2009 by 30 percent. However, pollution from factories and metallurgy works and severe deforestation continue to cause major problems to the health and welfare of the population. In 2013, air pollution in Bulgaria was more severe than any other European country. Urban areas are particularly affected by energy production from coal-based powerplants and automobile traffic, while pesticide usage in the agriculture and antiquated industrial sewage systems produce extensive soil and water pollution with chemicals and detergents. Bulgaria is the only EU member which does not recycle municipal waste, although an electronic waste recycling plant opened in June 2010. The situation has improved in recent years, and several government-funded programmes have been put into place in an attempt to reduce pollution levels. According to Yale University’s 2012 Environmental Performance Index, Bulgaria is a “modest performer” in protecting the environment.

Surface waters in Bulgaria as a whole are in good condition. Over 75% of the length of rivers in the country meet the standards for good quality. The improvement of water quality started 1998 – there is a clear trend of sustainability and slight improvement of all indicators for water quality between 1998 and 2007.

Bulgaria is one of the youngest EU member states, located in Southeast Europe.

Applicants have two options under this program. Either you can invest $512, 000 Euros for a period of 5 years and 6 months, or choose a non-refundable financing option of $180,000 Euros. This would allow you permanent residency within 9 months. If you wish to gain citizenship only after 1 year of residency, you can do so by making another investment of $512,000 Euros or financing $100,000 Euros. It would take about six months after applying for citizenship.

When you become a permanent resident of Bulgaria, you would have access to healthcare in Bulgaria and the EU.

As a citizen of Bulgaria, you are able to live, work and study anywhere in Europe.