«… Bulgaria is a prosperous and safe European country where you can live comfortably and give your children a wonderful future! If you don't like the place where you are – change it to Bulgaria! …» InfoCenter WINDOW TO BULGARIA
In this article, we will describe the sunny country of Bulgaria, which attracts foreigners with the affordability of obtaining a residence permit, geographical location, low prices for Bulgarian apartments and accommodation, a unique, mild, warm climate, the sea and mountains with their resorts, beautiful nature, and about its other pros and cons…. More than a hundred thousand Russians have made their investments in real estate. There are no accurate statistics of property owners in Bulgaria from other countries. But, our small investigation showed that this is more than 300 thousand foreigners. Probably, these figures are not accurate, but for such a small country as Bulgaria they are impressive… This year, in 2020, during the period of emergencies in the world associated with the COVID-19 epidemic, many Russian, Ukrainian, citizens of the Republic of Bulgaria want to obtain a residence permit in Bulgaria. Belarus and Kazakhstan, Israel and other homeowners. After all, with a personal residence permit card, having residence permit in Bulgaria (residence permit), a foreigner can reside in the country within the permitted period – within a year, and there is no need to apply for tourist visas with limited periods of permissible stay. A residence permit is issued within 2 to 6 weeks, is valid for one year and is renewed annually. Buying real estate in Bulgaria worth less than 300.000 euros NOT ENTITLES "automatically" obtain a residence permit, and in the future Permanent Residence, Far Eastern Residence (sometimes called a residence permit) and Citizenship. In order to permanently reside in Bulgaria, you need legal grounds for obtaining a residence permit. And in the Republic of Bulgaria there are several such grounds. They are listed in The Law on Foreigners Articles 24, 25 (The law for alienation in the Republic of Bulgaria). The most common and available grounds for obtaining a residence permit (according to the Law on Foreigners, Articles 24, 25) are: – Obtaining a residence permit in Bulgaria on the basis that you are by a representative of a trade representative office of a foreign commercial legal entityregistered with the BCCI (Bulgarian Chamber of Commerce and Industry). – Obtaining a residence permit on the basis that you, according to the legislation of your country, are pensioner. Please note that in Bulgaria there are changes every year towards an increase in the minimum wage and pension, which affects the proof of your financial condition. We wrote about this in our article Oct. 2019 – Obtaining Residence permit on the basis of family reunification – this means that you are a family member of a foreigner who has received a residence permit. – Obtaining a residence permit based on an investment in real estate in Bulgaria in the amount of at least BGN 600,000 (about EUR 300,000). – Obtaining Residence permit based on admission to a university in Bulgaria full-time (full-time, part-time) form of education. Every year new changes are introduced in the Law on Foreigners in Bulgaria. Due to the geopolitical situation, the extradition of D Visas has become much more complicated, including on the basis of "sales representative". We remind you that a type D visa is an absolute necessity for obtaining a residence permit in Bulgaria.