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.
The compulsory Third Party Liability insurance for car owners may become more expensive due to changes in the Insurance Code, submitted by the government in parliament. This warning came from insurers who are dissatisfied with the planned removal of..
For the fourth consecutive year, the literacy and spelling platform "How to Spell" is searching for the word that best describes the past 365 days of 2024. "Anyone can make their suggestions, even if they repeat – just write them", urges Dolly..
"There is no problem that the adoption of the budget will be slightly delayed, because the Public Finance Act has outlined what happens if the budget is not adopted", National Assembly Speaker Natalia Kiselova said in Kalofer. ''The Budget and..
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian,..
On January 6, the feast of Epiphany, the traditional water blessing of the battle flags and holy flags of the Bulgarian Army will be celebrated in all..
On January 6, Epiphany, Bulgarians celebrate 177 years since the birth of poet and revolutionary Hristo Botev. On this occasion, the..
Mostly Cloudy
Partly Cloudy
Cloudy