Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Ban on purchase of Bulgarian citizenship planned

Photo: library

The caretaker government proposes to ban acquisition of Bulgarian citizenship in exchange for investments. This is planned in the draft amendment to the Bulgarian Citizenship Act. The amendment would abolish Art. 12a and 14a for receiving a passport after investing 500,000 euros in government securities or in a licensed credit institution under a trust management agreement. The members of the investor's family also acquire Bulgarian citizenship by naturalization. Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.

The European Commission denounced this scheme and threatened Bulgaria with sanctions. Changes to the law are expected to be approved by the new parliament.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Cocaine worth over 400 thousand leva seized near Simitli

A specialized police operation by the Directorate of the Bulgarian Anti-Drug and Drug Enforcement Administration (GDBOP) uncovered an organized crime group operating in the Blagoevgrad region , related to the distribution of narcotics.  5 kg of..

published on 2/20/25 5:18 PM
Stanislav Balabanov

Bulgarian Parliament to issue declaration against sending Bulgarian soldiers to Ukraine

Over 70% of Bulgarians are categorically against sending a military contingent to Ukraine. This was stated by Dimitar Ganev from the sociological agency “Trend” in an interview for the Bulgarian National Radio. President Radev opposes sending..

published on 2/20/25 1:14 PM

No one has requested Bulgaria's participation in a peacekeeping operation in Ukraine

Nowhere and in no way has anyone discussed the issue of sending troops to Ukraine to participate in hostilities between Russia and Ukraine, Bulgaria’s Minister of Foreign Affairs Georg Georgiev told MPs in parliament. Foreign Minister Georgiev..

published on 2/20/25 11:34 AM