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.
The political party Vazrazhdane is initiating discussions for a third vote of no confidence against the government of Prime Minister Rosen Zhelyazkov, MP Tsontcho Ganev announced. Vazrazhdane has sent invitations to two parliamentary groups – Moral,..
Roma families from Sofia's "Zaharna Fabrika" residential district, who were left homeless after their illegally built homes were demolished on April 15 this year, are launching a five-day protest. The demonstration is set to begin in the afternoon on..
A second flood in two weeks in Northwestern Bulgaria has caused damage in the villages of Lehchevo and Kobilyak. The rainfall, accompanied by large hail, reached 35 liters per square meter in just ten minutes, Lehchevo Mayor Alexander Alexandrov told..
The Ministry of Education and Science and the International Bank for Reconstruction and Development (IBRD), one of the five institutions of the World..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
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