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.
''There’s no money for new submarines'', said Bulgaria’s Minister of Defense Atanas Zapryanov. That’s why the defense investment projects through 2032 do not include the purchase of submarines, whether second-hand or small ones, added Chief of..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose Queen marked the beginning of the culminating days of the Rose Festival in Kazanlak. The festival will..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the plains and around water basins. On Saturday before noon it will be mostly sunny. In the afternoon,..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
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