--- title: "Bulgaria Investor PR · BGN 2M shares requirements 2026" url: https://settleanywhere.com/countries/bulgaria/investor-pr-securities-2m/ lang: en updated: 2026-10-11 --- Bulgaria · Investing # Bulgaria Investor PR · BGN 2M shares **Investment needed:** BGN 2M+ ≈ $1.1M Permanent residence for BGN 2,000,000 in listed Bulgarian shares or bonds (Art. 25(1)(6)(a)) First checked against official sources on 11 Oct 2026 [Change log](https://settleanywhere.com/changes/) - **Investment needed:** BGN 2M+ ≈ $1.1M (An investment of at least BGN 2,000,000 (≈ $1,140,000) · Minimum market value of shares or bonds of Bulgarian commercial corporations traded on a regulated market or multilateral trading facility in Bulgaria; investment and holding certified by the Central Securities Depository. Statute amount in leva; the euro replaced the lev on 1 January 2026 at EUR 1 = BGN 1.95583.) - **Who can apply:** Most passports (Third-country nationals.) - **Family:** Family can join (Spouse and unmarried children under 18 living in the same household can join on one-year renewable prolonged-stay permits; unmarried minor children can obtain permanent residence, and a spouse married for 5 years can apply for permanent residence without the 5-year residence requirement.) ## Key facts Investor PR · BGN 2M shares is an investing route for Bulgaria. Applicants need an investment of BGN 2M+ ≈ $1.1M. Checked 2026-10-11 against the official source. - **Money needed:** BGN 2M+ ≈ $1.1M ## Cost, time and long term **Invested and held: BGN 2M+ ≈ $1.1M** - BGN 2,000,000 (≈ $1,140,000) Minimum market value of shares or bonds of Bulgarian commercial corporations traded on a regulated market or multilateral trading facility in Bulgaria; investment and holding certified by the Central Securities Depository. Statute amount in leva; the euro replaced the lev on 1 January 2026 at EUR 1 (≈ $1) = BGN 1.95583 (≈ $1). **Renewal: Renewal rules** Permanent residence has an indefinite term, so no renewal of status is needed. [Ministry of Labour and Social Policy](https://www.mlsp.government.bg/uploads/78/sdrmi/za-chuzhdentsite-v-republika-blgariya.pdf) **Permanent residence: Time here counts** This route grants a permanent residence permit directly. [Ministry of Labour and Social Policy](https://www.mlsp.government.bg/uploads/78/sdrmi/za-chuzhdentsite-v-republika-blgariya.pdf) **Citizenship: After 5 years as a permanent resident** Naturalisation requires holding a permanent or long-term residence permit for at least 5 years, plus income, no intentional-crime conviction and Bulgarian language. [Ministry of Justice, Bulgaria](https://justice.government.bg/home/normdoc/2134446592) ## Why this route may not fit Check this before you apply. - Not open to EU, EEA or Swiss passports ### What you'll need #### What you must show - The market value of shares or bonds of Bulgarian commercial corporations is at least BGN 2,000,000 (≈ $1,140,000). - The securities are traded on a regulated market or multilateral trading facility in Bulgaria. - The Central Securities Depository certifies the investment and holding. #### Documents - Documents show funds of at least the minimum amount held in the applicant's own payment account, with their lawful origin. - Documents on the applicant's work, professional and investment history and a criminal record certificate are submitted. #### Steps 1. The investment is verified before the permit application. 2. Verification is by the Invest Bulgaria Agency or the Ministry of Innovation and Growth, and by the Central Securities Depository for securities. 3. Preliminary approval of the investment does not itself grant a visa or the right of residence. #### After you arrive - The investment is kept above the legal minimum for 5 years from the grant of permanent residence. - After the 5 years the holder may end or change the investment without losing permanent residence. ## What happens at day 183 How Bulgaria decides tax residence and treats foreign-source income, from its tax records. - **Tax residence:** - **More than 183 days in each 12-month period** Residing in Bulgaria more than 183 days makes a person a resident for tax purposes. - **Foreign-source income:** Total annual tax base of residents on worldwide income; Bulgarian-source income of non-residents. [All tax rules for Bulgaria](https://settleanywhere.com/countries/bulgaria/tax/) Tax records checked 10 Oct 2026 **Full official text** Permanent residence for an investment in shares or bonds of Bulgarian companies traded on a regulated market or multilateral trading system in Bulgaria. (sources 1, 2, 3) #### What you must show - An investment of at least BGN 2,000,000 (≈ $1,140,000) · Minimum market value of shares or bonds of Bulgarian commercial corporations traded on a regulated market or multilateral trading facility in Bulgaria; investment and holding certified by the Central Securities Depository. Statute amount in leva; the euro replaced the lev on 1 January 2026 at EUR 1 (≈ $1) = BGN 1.95583 (≈ $1). (sources 1, 2) #### Requirements - The market value of shares or bonds of Bulgarian commercial corporations is at least BGN 2,000,000 (≈ $1,140,000). (source 1) - The securities are traded on a regulated market or multilateral trading facility in Bulgaria. (source 1) - The Central Securities Depository certifies the investment and holding. (source 1) - Documents show funds of at least the minimum amount held in the applicant's own payment account, with their lawful origin. (source 3) - Documents on the applicant's work, professional and investment history and a criminal record certificate are submitted. (source 3) - The investment is verified before the permit application. (source 1) - Verification is by the Invest Bulgaria Agency or the Ministry of Innovation and Growth, and by the Central Securities Depository for securities. (source 1) - Preliminary approval of the investment does not itself grant a visa or the right of residence. (source 3) - The investment is kept above the legal minimum for 5 years from the grant of permanent residence. (source 3) - After the 5 years the holder may end or change the investment without losing permanent residence. (source 3) #### Stay - Permanent residence permit. #### Nationality Third-country nationals. Not open to: Austria, Belgium, Bulgaria, Switzerland, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia. #### Work Permanent residents need no labour-market access permit (Labour Migration and Labour Mobility Act Art. 9(1)(2)). #### Family Spouse and unmarried children under 18 living in the same household can join on one-year renewable prolonged-stay permits; unmarried minor children can obtain permanent residence, and a spouse married for 5 years can apply for permanent residence without the 5-year residence requirement. Checked 2026-10-11 ## Official sources 1. [Foreigners in the Republic of Bulgaria Act (English translation, consolidation of 2022)](https://www.mig.government.bg/wp-content/uploads/2022/11/foreigners_in_the_republic_of_bulgaria_act.pdf) · Ministry of Innovation and Growth · checked 2026-10-10 · published 2022-11 2. [Bulgaria adopts euro as of 1 January 2026 (fixed rate EUR 1 = BGN 1.95583)](https://trade.ec.europa.eu/access-to-markets/en/news/bulgaria-adopts-euro-1-january-2026) · European Commission, Access2Markets · checked 2026-10-10 3. [Foreigners in the Republic of Bulgaria Act, consolidated text (amended to State Gazette 52/2025)](https://www.mlsp.government.bg/uploads/78/sdrmi/za-chuzhdentsite-v-republika-blgariya.pdf) · Ministry of Labour and Social Policy (consolidated text, printed 13 February 2026) · checked 2026-10-11 4. [Bulgarian Citizenship Act (Zakon za balgarskoto grazhdanstvo), Art. 12-13](https://justice.government.bg/home/normdoc/2134446592) · Ministry of Justice, Bulgaria · checked 2026-10-11 ## Investor PR · BGN 2M shares and its alternatives | Route | Money needed | Stay | Work | | --- | --- | --- | --- | | Investor PR · BGN 2M shares | Needs an investment of BGN 2M+ ≈ $1.1M | – | – | | [Investor · BGN 600k property](https://settleanywhere.com/countries/bulgaria/investor-600k-property-company/) | Needs an investment of BGN 600k+ ≈ $343k | – | – | | [Investor PR · BGN 1M AIF](https://settleanywhere.com/countries/bulgaria/investor-pr-aif-1m/) | Needs an investment of BGN 1M+ ≈ $571k | – | – | | [Investor PR · BGN 1M CIS](https://settleanywhere.com/countries/bulgaria/investor-pr-cis-1m/) | Needs an investment of BGN 1M+ ≈ $571k | – | – | | [Investor PR · BGN 1M concession](https://settleanywhere.com/countries/bulgaria/investor-pr-concession-1m/) | Needs an investment of BGN 1M+ ≈ $571k | – | – | ## Questions people ask ### How much money do I need for the Investor PR · BGN 2M shares? An investment of at least BGN 2,000,000 (≈ $1,140,000). Minimum market value of shares or bonds of Bulgarian commercial corporations traded on a regulated market or multilateral trading facility in Bulgaria; investment and holding certified by the Central Securities Depository. ### How long can I stay on the Investor PR · BGN 2M shares? Permanent residence permit. ### Can I work on the Investor PR · BGN 2M shares? Permanent residents need no labour-market access permit (Labour Migration and Labour Mobility Act Art. ### Can I bring my family on the Investor PR · BGN 2M shares? Spouse and unmarried children under 18 living in the same household can join on one-year renewable prolonged-stay permits; unmarried minor children can obtain permanent residence, and a spouse married for 5 years can apply for permanent residence without the 5-year residence requirement. ### Who can apply for the Investor PR · BGN 2M shares? Third-country nationals. Not open to: Austria, Belgium, Bulgaria, Switzerland, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia. ### Does the Investor PR · BGN 2M shares lead to permanent residence in Bulgaria? Time on the Investor PR · BGN 2 (≈ $1) M shares counts toward permanent residence in Bulgaria. Time on the Investor PR · BGN 2 (≈ $1) M shares counts toward citizenship, which the rules allow after 5 years as a permanent resident. ### How are Investor PR · BGN 2M shares holders taxed in Bulgaria? No special regime in our records is tied to the Investor PR · BGN 2 (≈ $1) M shares. The standard rules apply: Bulgarian tax residents pay a flat 10% on the total annual tax base; dividends are taxed at a final 5%. ## More in Bulgaria [Digital nomad permit](https://settleanywhere.com/countries/bulgaria/digital-nomad/) [Investor PR · BGN 2M project](https://settleanywhere.com/countries/bulgaria/investor-pr-priority-project-2m/) [Investor PR · BGN 6M company](https://settleanywhere.com/countries/bulgaria/investor-pr-unlisted-6m/) [Pensioner residence](https://settleanywhere.com/countries/bulgaria/retirement-pensioner/) [Investor · BGN 250k regional](https://settleanywhere.com/countries/bulgaria/investor-250k-disadvantaged-region/) [Investor PR · BGN 500k, 10 jobs](https://settleanywhere.com/countries/bulgaria/investor-500k-company/) [Freelancer permit](https://settleanywhere.com/countries/bulgaria/freelance/) [Business with 10 jobs](https://settleanywhere.com/countries/bulgaria/commercial-activity/) ## Investment visas elsewhere [🇵🇹 Golden Visa · €250k arts](https://settleanywhere.com/countries/portugal/ari-arts-250k/) [🇬🇪 D5 · Property over $150k](https://settleanywhere.com/countries/georgia/d5-real-estate-residence/) [🇮🇹 Investor Visa · €1M donation](https://settleanywhere.com/countries/italy/investor-philanthropy-1m/) [🇬🇷 Golden Visa · Heir of property](https://settleanywhere.com/countries/greece/golden-visa-inherited-property/) [🇫🇷 Talent · €300k investment](https://settleanywhere.com/countries/france/talent-economic-investment/) [🇨🇾 PR · €300k fund units](https://settleanywhere.com/countries/cyprus/invest-fund-units/) ≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated. ## How this was checked **Checked on 2026-10-11 against 4 official sources.** Status: verified against the official sources. Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out. 1. [Foreigners in the Republic of Bulgaria Act (English translation, consolidation of 2022)](https://www.mig.government.bg/wp-content/uploads/2022/11/foreigners_in_the_republic_of_bulgaria_act.pdf) · Ministry of Innovation and Growth · checked 2026-10-10 2. [Bulgaria adopts euro as of 1 January 2026 (fixed rate EUR 1 = BGN 1.95583)](https://trade.ec.europa.eu/access-to-markets/en/news/bulgaria-adopts-euro-1-january-2026) · European Commission, Access2Markets · checked 2026-10-10 3. [Foreigners in the Republic of Bulgaria Act, consolidated text (amended to State Gazette 52/2025)](https://www.mlsp.government.bg/uploads/78/sdrmi/za-chuzhdentsite-v-republika-blgariya.pdf) · Ministry of Labour and Social Policy (consolidated text, printed 13 February 2026) · checked 2026-10-11 4. [Bulgarian Citizenship Act (Zakon za balgarskoto grazhdanstvo), Art. 12-13](https://justice.government.bg/home/normdoc/2134446592) · Ministry of Justice, Bulgaria · checked 2026-10-11 Tracked since 2026-10-10. Rule changes and corrections are listed on the [changes page](https://settleanywhere.com/changes/), and the [methodology page](https://settleanywhere.com/methodology/) explains how facts are checked. Found something out of date? Email [contact@stayglobe.app](mailto:contact@stayglobe.app?subject=Correction) with a link to the official source.