Location: Southeastern Europe; Capital: Sofia; Time difference: GMT+2; Total Area: 110,879 km2; Population: 7,204,687; Age Demographics: 0-14: 13.8%, 15-64: 68.5%, 65+: 17.7%; Population growth: -0.79%; Languages: Bulgarian: 84.5%, Turkish: 9.6%, Roma: 4.1%, other: 1.8%; Religions: Bulgarian Orthodox: 82.6%, Muslim: 12.2%, other Christian: 1.2%, other: 4%; Government Type: Parliamentary Democracy; Currency: Lev (BGN); Exchange rate: 1.95583 lev = 1 euro; GDP (per capita): BGN 8,735; GDP (purchasing power parity): BGN 68.5 million.
Founded in 2009, the Investor Program for Residence and Citizenship in Bulgaria was implemented following the decisive legislation actions of the Bulgarian government to attract foreign investment and interest in the country. In return, investors and their families obtain a Permanent Residence Permit and become eligible for Bulgarian Citizenship. Bulgaria, one of the newest members of the European Union, offers great advantages for investors who want to gain access to the European way of life.
One of the unique characteristics of this program is the exemption of physical residence required to qualify after 5 years for Bulgarian citizenship.