IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 Dec 2013 | Removal date: open ended
Still in force

Labour market access

On 17 December 2013, the government of the Republic of Bulgaria approved novel amendments regarding the acquisition of its citizenship.
According to these amendments foreign investors shall receive permanent resident status if they have invested more than 1,000,000 BGN (ca. USD 500 000) in a licensed credit institution in Bulgaria. The investment must remain under a trust agreement for a period of at least five years. In this period, the investment may not be used to as collateral in any credit transaction of the investor.

AFFECTED COUNTRIES

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