In this episode we have teamed up with New Balkans Law Office (NBLO). Investor Immigration reporter, Georgina Wray, is joined by Nevena Bekyarova, Partner at NBLO and Kamen Shoylev, Managing Partner at NBLO to discuss some key points in Bulgaria’s investor immigration programme.
00:00 Introduction
00:47 The BIIP has often been described as a hybrid between a Residency by investment and Citizenship by investment programme. Would you agree with this characterisation?
01:53 While the permanent residence period to be under taken by investors is nominal, investors also have to fulfil a travel requirement. Why is an applicant asked to travel and at what stage of the application is travel necessary?
03:01 Applicants in Bulgaria do not apply with their family members. Rather, some family members can apply for citizenship once the main applicant has been naturalised. Which family members can do so and when?
04:29 Previously, there were only two investment options under the Bulgarian Immigrant Investor Programme. Now there are seven. Can you shed some light upon these investment options and the corresponding investment thresholds?
08:20 Under the fast-track route, investors can apply for citizenship after 12 months of residence. On average, how long after applying for citizenship is citizenship granted and how long can an applicant expect to wait from submission of the citizenship application to obtaining a citizenship certificate?
10:45 Certain nations such as those of the Caribbean are known for their high standards of due diligence. How stringent is the due diligence process that is conducted under Bulgaria’s Programme? Do you see any room for improvement and is there discussion in Bulgaria about implementing changes in this respect?
12:48 What is the role played by third parties such as agents and lawyers in Bulgaria?
13:55 In your opinion, is the Bulgarian Immigrant Investor Programme at risk from further EU scrutiny?
16:37 Do you expect the 2021 changes will have a significant impact on the popularity of the Bulgarian Immigrant Investor Programme?
18:30 Closing Statements
CS Global Partners is the world’s largest government advisory and marketing firm, specialising in residency and citizenship by investment solutions. We work closely with governments to increase their foreign direct investment, and advise professionals on the best citizenship and residency programmes for their clients. Since the company was established in 2012, our ethos always been to find a win-win solution for all our stakeholders.
Founded in London by Micha-Rose Emmett, a dual-qualified lawyer and entrepreneur with unrivalled acumen and experience in the investment immigration industry, the company continues to lead the conversation in global citizenship.
Headquartered in the heart of London, with offices across the Middle East, Africa and Asia, CS Global Partners comprises of a passionate team of reputable specialists and lawyers. Our legal specialists provide expert advice to governments and advisors looking, and our marketing department promotes the CBI Programmes that governments have trusted us with.
We can help you with your queries and advise you on which option is the best for you and your family. To get a free consultation contact us at info@csglobalpartners.com
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