The Bulgarian Investments Agency has certified investments made by a total of 981 persons from non-EU countries since 2014. On the basis of these investments they have been allowed permanent residence in Bulgaria or Bulgarian citizenship. This is what Deutsche Welle has learned after an inquiry.
619 people received the right of residence in exchange of investments and 362 received Bulgarian citizenship. Most of the investors are from China (169), followed by Russia (147), the Middle East countries and others.
In July, caretaker Minister of Justice Yanaki Stoilov announced the abolition of "investment citizenship" and proposed changes to the Bulgarian Citizenship Act.
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
Bulgaria is among the countries with the highest shares of own property in Europe, but has the lowest share of insured homes, Nikolay Stanchev, chairman of the Management Board of the Association of Bulgarian Insurers, told BNT...
After hard days of fighting the fires, the situation in the country is under control. There is no danger of the fire on Greek territory near the Bulgarian-Greek border spreading, it was reported People whose houses have been..
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting...
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with..
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES...
Partly Cloudy
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Mostly Cloudy