Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Possibility of acquiring Bulgarian citizenship through investments should be abolished: Bulgaria’s Ministry of Justice

Photo: BGNES

Bulgaria’s Ministry of Justice has proposed amendments to the Bulgarian Citizenship Act. According to the Justice Ministry, the possibility of acquiring Bulgarian citizenship through the so-called investments should be abolished. The amendments to Bulgarian Citizenship Act also envisage that the requirements to the candidates for Bulgarian citizenship should be specified. Moreover, applicants for Bulgarian passports must know Bulgarian and provide evidence of employment and incomes in this country.  The proposal of the Bulgarian Justice Ministry envisages measures aimed at boosting control against embezzlements during the procedure for granting Bulgarian citizenship. In the past six years a total of 50 foreigners who declared that they would make investments in this country received Bulgarian passports. Forty six of them declared that they would make investments to the tune of EUR 500,000 and four of them claimed that their investments in Bulgaria would amount to EUR 1 million.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The Egyptian vulture is returning to Bulgaria

The emblematic Egyptian vulture is making a comeback after being on the verge of extinction, the Bulgarian Society for the Protection of Birds (BSPB) has announced. The BSPB has established a record number of 35 nesting territories inhabited by..

published on 8/9/24 5:20 PM

Air control established on the Bulgarian-Romanian border along Danube River

The Bulgarian-Romanian border is now monitored from the air. The start was made on the Romanian side in Giurgiu in the presence of the Bulgarian partners from the Border Police in Ruse.  Chief Commissioner Viorel Kiran said that the area of the..

published on 8/9/24 1:32 PM

Goritsa Grancharova-Kozhareva is the new caretaker Premier of Bulgaria

President Rumen Radev appointed Bulgarian National Audit Office Vice-President Goritsa Grancharova-Kozhareva as the next caretaker Premier. The constitution does not specify a deadline for the caretaker Prime Minister to present the cabinet lineup,..

published on 8/9/24 11:14 AM