Attorney Joel Nagel takes some questions regarding the Bulgarian residency and citizenship program. In response to a question regarding language, Nagel answers that Bulgaria does not require investors to learn the Bulgarian language in order to get citizenship. Nagel believes that now would be the time to take advantage of the deal that Bulgaria is offering because it will still take another few years for it to be fully integrated into Schengen. However, once the country fully enters Schengen, that would be reason for the Bulgarians to lessen the incentives involved in the program or to increase the price. Furthermore, looking at it from a currency perspective, investors can expect to make money on the deal in terms of the dollar relative to the euro.

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