Bulgaria's golden passports scheme fails to attract investors

Pedro Gonçalves
Bulgaria's golden passports scheme fails to attract investors

Bulgaria's golden passport scheme has failed to attract foreign investment in the country as, in the past eight years, only 98 foreigners bought Bulgarian passports. Foreigners can obtain a Bulgarian passport if they invest €500,000 in a Bulgarian company which implements a priority project for the state. The other option is to have resided legally on Bulgarian territory for one year and to having made an investment of one million euros. Buying government securities counts as an investment...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?