CAPITAL INVESTMENTS
Investments in capital (part 24, al. 1, vol. 20 of the ZCHRB)
Investment from BGN 250,000 (~EUR 128,000) to economically disadvantaged regions of Bulgaria with the creation of at least 5 jobs for Bulgarian citizens.
Residence permit by member. 24, al. 1, vol. 20 of the ZCRB is a residence permit for foreign investors investing in the development of economically weak regions of Bulgaria. Unlike the classic registration of a company (EOOD), here the entry threshold is lower, and the investment can be formalized in the form of real assets.
The key advantage is the flexibility of investment forms. The investment can be made in production equipment, commercial real estate (warehouses, workshops, offices) or specialized equipment for business. This makes the scheme especially attractive for manufacturers and industrialists.
The permit is issued for 1 year with the possibility of annual renewal while maintaining the investment and jobs. After 5 years - the right to permanent residence. The average processing time is 2-3 months.
Who is this type of residence permit suitable for?
Manufacturers and industrialists
Entrepreneurs planning to open production in Bulgaria: the purchase of equipment and machinery is counted as an investment.
Commercial Real Estate Investors
Buying a warehouse, workshop or office in an economically unfavorable region can be the basis for a residence permit.
Owners of special equipment and fleet
Investors in agricultural, construction or transport equipment – when used for commercial purposes.
Those who want a lower threshold than EOOD
Investors with a budget of €128,000 or more, who do not meet the €307,000 condition for registering a company by member. 24, vol. 2.
Production Equipment
Machines, lines, production complexes and industrial equipment used in commercial activities.
Commercial real estate
Warehouses, workshops, production facilities and offices in economically disadvantaged regions of Bulgaria.
Specialized equipment
Construction, agricultural, transport and other special equipment used in commercial activities.
i️ What are "economically unfavorable regions"
The law provides for investing in regions of Bulgaria with high unemployment or low economic development. The list of such regions is approved by the Council of Ministers. As a rule, these are areas far from Sofia and large cities - in central and northern Bulgaria.
The choice of region is important: it is there that the company, equipment and workplaces must be registered. We will help you choose the right region, taking into account your business plan and logistics.
Important numbers
Minimum investment (~128,000 euros) in an economically disadvantaged region
Minimum number of jobs for Bulgarian citizens
Average time to obtain a residence permit from the date of registration of the investment
✅ Investment in capital (v. 20) – this option
- Investment from BGN 250,000 (~128 000 €)
- A total of 5 jobs for Bulgarians
- The investment can be in equipment or real estate
- Suitable for manufacturing business
- Investing in a specific region
→ Registration of EOOD (vol. 2) – for comparison
- Investment from €307,000 in share capital
- 10 jobs for Bulgarian citizens
- An investment is only a monetary contribution to capital
- Suitable for trade and services
- No region-specific
The process of obtaining a residence permit
Consultation and choice of region
We discuss the business plan, the type of investment and choose a suitable economically unfavorable region. We specify which assets (equipment, real estate, machinery) will be included in the investment amount.
Registration of a company in the selected region
We register a Bulgarian company (EOOD or LLC) in the Trade Register with a registered office in an economically disadvantaged region. We open a corporate bank account.
Registration of the investment
We make an investment: we buy equipment, commercial real estate or machinery in the amount of at least BGN 250,000. We draw up all supporting documents - purchase and sale agreements, acts of acceptance and transfer, notarial acts.
Hiring 5 employees who are Bulgarian citizens
We conclude employment contracts with at least 5 Bulgarian citizens. We register them with the National Revenue Agency (NRA) and the Employment Agency.
Preparation of a package of documents
We collect personal and investment documents: passport, criminal record, health insurance, proof of investment, employment contracts of employees, constituent documents of the company.
Applying to the migration service and obtaining a residence permit
We submit documents to the Migration Directorate of the Ministry of Internal Affairs. After approval, you will receive a residence permit card for 1 year. If the investment and jobs are confirmed annually, it will be extended. After 5 years - the right to permanent residence.
Requirements and documents
Confirmation of an investment of BGN 250,000.
Purchase and sale agreements, notarial deeds, invoices and other documents confirming the amount of investment in the company's assets.
5 employment contracts with Bulgarians
Employment contracts with at least 5 Bulgarian citizens registered with the National Employment Agency. Employees must be employed in the region of investment.
Incorporation documents of the company
Articles of association, certificate of registration in the Commercial Register, documents on registration in BULSTAT and the tax service.
Proof of address in a disadvantaged region
Documents confirming that the legal address of the company and the place of business are located in the established region.
Passport and criminal record certificate
A valid passport (at least 6 months) and a certificate of no criminal record with an apostille and translation into Bulgarian.
Health Insurance & Housing
A policy with coverage of at least 30,000 EUR on the territory of Bulgaria and a lease agreement or property documents.
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