The Bulgaria Investor Visa, also known as the Bulgarian Immigrant Investor Program, is designed for high-net-worth individuals seeking permanent residence and eventual citizenship through substantial financial investment. Typical applicants are non-EU nationals who can demonstrate legal means of investment capital. Main benefits include a route to permanent residence in Bulgaria, the possibility for citizenship after five years of residence, and access to the European market. Family members can be included under the same application.A key distinguishing feature is the requirement to invest at least EUR 512,000 in government bonds for 5 years, or alternatively in a Bulgarian business, with investment retention required throughout the qualifying period. Unlike some EU programs, Bulgaria has imposed stricter due diligence and abolished the former fast-track citizenship option as of early 2022. Applicants must maintain clean criminal records and source funds legally.While the Bulgarian program remains attractive, recent legislative changes have increased complexity, requiring careful planning and compliance to ensure success. The program is still operational but subject to further government revisions.