Residence permit in Bulgaria
Buying Property in Bulgaria helps to obtain a residence permit in the country. Premium Property сonsultants will help you to proceed your purchase and your new status in the country!
Main advantages of residence permit in Bulgaria are:
- visa-free entry and stay in the country;
- right to work in Bulgaria and other EU countries;
- advantage of simplified procedure for obtaining a Schengen visa;
- opening and running your own business in the country (it is worth mentioning that taxation in Bulgaria - one of the lowest in the EU).
How to obtain a residence permit in Bulgaria?
A prerequisite for obtaining a residence permit is a category D visa, whose own or leased property, medical insurance and fund for living in Bulgaria (modest income is sufficient).
Also, the applicant must fulfill one of a number of conditions:
- the availability status of representative of a foreign company registered in the Chamber of Commerce of the country;
- owning a business in Bulgaria with no less than 10 employees - citizens of the country;
- the availability status of a pensioner with a certain amount of pension or their own savings.