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Residency inBulgaria

Business consulting & services since 2009

NON-EU CITIZENS IN BULGARIA

Upon entry into the Republic of Bulgaria foreign citizens must possess a valid document for travelling abroad or other substituting document and a visa, if it is required.

Foreign citizens can stay in the Republic of Bulgaria with short-stay Schengen VISA type C – up to 90 days from the date of entry into the country; long-stay VISA type D - up to one year and serves as a prerequisite for obtaining a Bulgarian residence permit. It allows for extended stays in Bulgaria up to 5 years which is a pathway to obtaining a permanent residence permit.

Grounds for getting a long-stay residence permit in Bulgaria:

  • the foreigner works under an employment contract in Bulgaria, after a permit, or carries out a freelance (additional permit for Social ministry is requires) or non-profit activity;
  • the foreigner carries out commercial activity, as a result of which at least 10 jobs positions should be created for Bulgarian citizens;
  • the foreigner is of Bulgarian origin;
  • the foreigner is a representative of a commercial representation registered with the BCCI;
  • the foreigner’s child is a Bulgarian citizen or a foreigner with permanent residence in our country, after fulfilling relevant additional requirements;
  • the foreigner is admitted for long-term treatment in our country;
  • the foreigner is a pensioner, and has sufficient means of support;
  • the foreigner has invested a minimum of 307,000 euros in ownership rights over real estate in the Republic of Bulgaria or is the owner of more than 50 percent of the capital of a Bulgarian commercial company, as a result of which the company has acquired real estate of this value;
  • the foreigner has made an investment in economically disadvantaged regions with a minimum of 128,000 euros (additional requirements may apply);
  • the foreigner wishes to carry out voluntary work in the European Voluntary Service.

Each applicant must have secured housing, mandatory health insurance and insurance, and necessary means of subsistence.

Please note that all above do not apply to foreign citizens who have been granted protection under the Asylum and Refugees Act.

EU CITIZENS IN BULGARIA

Residence permit for EU citizens in Bulgaria - Requirements

 

Professional guidance & Personal assistance

ENTRY RESEARCH

We offer entry tax/market research to help you to understand the local market. Make sure that you know important issues before investing.

OPEN A COMPANY

We assist you with all required documents to set up your company in Bulgaria. Our team will register your LTD or LLC company for 3 days.

BANK ACCOUNT

It does not matter of you are an individual or a company holder. V Consulting Bulgaria helps you to open a bank account in Bulgaria.

BUSINESS BUSINESS CERTIFICATES

Every business requires defferent type of permit. We strictly follow the Bulgarian legislation to obtain the papers for you.

 

ADMINISTRATIVE ASSISTANCE

We offer serivce to accompany you to the local authorities for getting the official documents.

 

10% tax rate in BULGARIA

 

Startup business consultant

  • Team Member

    VESSELA YANKOFF

    She is a MBA professional, working as a CEO in the early 2000s. Vessela founded V Consulting Bulgaria in 2009 along with a highly motivated team of experts. Since then, we have helped hundreds of companies from Europe, Asia, Africa, Middle East, and United States to start a business in Bulgaria. After 17 years of experience in business consulting, we have adopted a deep understanding of the local market, regulations, and taxation. V Consulting Bulgaria's proficiency is proven by a Certificate from the World Bank.

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CONTACT US

Address

5a Pavel Krassov street, Sofia, Bulgaria

Phone

+359 2 973 67 08, +359 886 168 108