Press Release. Quarterly Results. Share Price Info. SEC filings. Code of conduct. Report a concern. All Events. View Reports. Register for Email Alerts. Investor Contact Ruth Ann Wisener ruthann. Investors Unlocking value in an ever-changing world.
Financial news May 24, Financial Times Close. Search the FT Search. Show more World link World. Show more US link US. Show more Companies link Companies. Show more Markets link Markets. Show more Opinion link Opinion. Show more Personal Finance link Personal Finance. Actions Add to watchlist Add to portfolio Add an alert. Consumer Discretionary Media. Price BGN Add this security to watchlist, portfolio, or create an alert to track market movement.
Add to Your Watchlists New watchlist. Add to Your Portfolio New portfolio.
Arton Capital empowers individuals and families to become Global Citizens. This is accomplished through a bespoke service experience, which simplifies complexity and is supported and sustained by long-term relationships.
Property investment is refundable after 5 years. Lowest tax rates and free trade environment within Europe. However, as EU citizens, Bulgarians can still travel freely in the Schengen zone and in other EU countries — they may just have to wait in line at the airport.
Bulgaria is also a fairly high-quality passport. It gets you visa-free access to countries and is tied with Hungary for the 8th-strongest passport in the world. Bulgaria is what I like to call an A- passport. It gives you fairly good access to basically everywhere in the world that a western passport gives you — minus the US. All in all, the Bulgarian passport is fairly strong, but if visa-free travel to the US is a must for you, then you may want to consider other options.
Another benefit of Bulgarian citizenship is that it passes on to your descendants — even adult children. Unlike countries such as Portugal , which require your children to re-apply, Bulgarian citizenship is passed on automatically, and your children will be able to near-instantly access all of the benefits of Bulgarian and EU citizenship. This makes it attractive for someone looking to add an EU passport to their portfolio without cumbersome language or residency requirements.
If you fall into any of the categories below, then pursuing citizenship by investment in Bulgaria may be the right choice for you. Bulgaria is, by far, one of the easiest places to get a second passport in the EU , making it an attractive option for business people who want an EU passport without much hassle. US citizens who frequently do business in the EU, for example, may want to invest in an EU passport to ensure visa-free access to the Schengen zone and other EU countries.
Unlike people from the US, Canada, or Australia who already have top-tier passports, emerging world citizens may not find much value in pursuing a second passport in somewhere like St. Kitts , which can offer some improvement but does not expand their horizons beyond a handful more of visa-free countries.
People from countries with fewer visa-free options might then consider becoming a citizen by investment in Bulgaria in order to get more opportunities with a European passport. However, with a Bulgarian passport, you can give up your US citizenship without giving up a solid passport.
As mentioned, Bulgarian citizens have visa-free access to countries, making it the 8th-strongest passport in the world. While I am personally not a huge fan of Bulgaria, I can see why people enjoy it. So, if you have the money to spare and are truly enamored with Bulgaria, go for it. However, before you pull the trigger, be sure that Bulgarian citizenship is something that you really want.
Bulgarian CBI may not necessarily be in your best economic interest, so if you do move forward with the process, be sure that your personal reasons are enough to justify the time and money. Unlike many EU countries, the Bulgarian citizenship by investment process is relatively simple. The Bulgarian CBI program — officially called the Bulgaria Immigrant Investor Program — was designed to attract foreign investors and businesspeople to the country. If this level of investment makes you uncomfortable, then you may want to consider cheaper options like Dominica.
This is understandable, I suppose, since only a handful of people I know really promote it. Residence by investment programs, on the other hand, take a longer time to process, making them more geared toward people who actually want to live in the country. After you make your initial investment, you can establish permanent residence in vibrant cities like Sofia.
Getting Bulgarian citizenship by investment is a relatively easy process. Once you submit your paperwork and establish a permanent residence in Bulgaria, you make your investment and you wait years until you earn your citizenship. Sounds simple enough, right?
Before you make a beeline for your nearest Bulgarian consulate, make sure that you qualify for citizenship by investment in Bulgaria. To finance your investment, you have three options — investing outright, financing through the Bulgarian government, or financing elsewhere. Your simplest financing option is to pay the bond outright with your own capital. So, unless you have a lot of spare capital, then you may want to consider the two financing options below.
Financing the bond this way is relatively easy. It also leaves you free to invest your capital in other ventures, so you can more easily earn back what you end up paying into the system. You can also finance the bond in your home country or outside of Bulgaria. In some cases, financing externally can be beneficial since you might be able to get lower interest rates or keep the loan in your home currency, eliminating the need to worry about currency fluctuations.
If you do finance externally, keep a record of your transaction in case Bulgarian officials ask for it. This whole process takes about 6 to 9 months. Typically, this process takes years. The length of time you wait for your Bulgarian passport depends on whether you choose to fast-track the process which is discussed in more detail below. If you do decide to pay double to speed up the process, then your wait time is reduced to just 2 years.
If you double your investment, you only need to wait two years to become a Bulgarian citizen. Candidates for Bulgarian citizenship by investment also have the option to fast-track the process by doubling their investment amount. Whether the fast track option is worthwhile for you depends on your needs. On one hand, you may need unfettered access to the EU as soon as possible, so fast-tracking might be worth your while if you must regularly attend to business interests in Europe.
Though it comes with some extra cost, this fast-track option is simple and straightforward for anyone willing to shell out a bit more for getting a Bulgarian passport in two years instead of five. Bulgarian citizenship can be the best of both worlds in some ways, but it can also be the worst of both worlds in others. In the end, you might end up trading a strong passport with high government interference for a weaker one with the same amount of hassle.
I generally believe that lower-tier B or C passports like St. However, you may be in a different boat and a Bulgarian passport could fill an important gap in your passport portfolio. If you need to travel frequently to countries like Australia, for example, then having a passport with visa-free access is likely important to you. Therefore, when making your decision, consider the following factors to see whether Bulgarian CBI is right for you.
While you get permanent residency and all of the benefits that come with it almost immediately, you need to wait at least two years before officially becoming a Bulgarian citizen. Compared to St. Ah, taxes. Part of a successful Nomad Capitalist strategy is legally paying as few taxes as possible.
So, you should evaluate whether Bulgarian citizenship will help or hinder your strategy. If you need a residence or a company in the EU for business purposes, then Bulgaria is ideal. EU citizenship is perhaps the sharpest double-edged sword of Bulgarian citizenship.
Investment BG is a company that is involved in many sectors. We from Investment BG offer real projects launched in need of funding to finish. · Our missions. Created in , BG Investment Group has developed job expertise in several domains, mainly structured around three poles: Industrial pole. Créé en , le Groupe BG Investment a pu développer une expertise et des métiers dans différents secteurs d'activités qui s'organisent, principalement.