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 Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.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

Warm winter weather on Tuesday

On Tuesday morning, there will be fog or low layered clouds along the Danube and in the valleys. Before noon it will be mostly sunny. In the afternoon, the cloudiness will increase and by the evening it will become significant. The..

published on 1/6/25 6:55 PM

2024 was the warmest year in Bulgaria since 1930

The past year 2024 was the warmest year for Bulgaria since 1930. This is shown by the analyses of the National Institute of Meteorology and Hydrology.  2024 had an average temperature for the country of about 2.1 °C above climate norms and..

published on 1/6/25 6:16 PM

Cadets from Vietnam are training at the Air Force Academy in Dolna Mitropolia

Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian, after which their flight training will begin. This was what the head of the school, Brigadier General..

published on 1/6/25 3:57 PM