All you need to know about obtaining a second citizenship in Bulgaria - tracks, options, requirements, and comparisons to other European countries

1. .
A New European Program
for Residency and Second Citizenship
By Joel Nagel, Esquire

2. European Union (Schengen Area)

3. 1. Personal Background Documentation
• Full Passport Copy
• Birth Certificate
• Marriage Certificate

4. 2. Personal Background Documentation
• Curriculum Vitae
• Education Credentials
– Diplomas
– Certificates
• Employment Letter
• Bank Reference Letter

5. 3. Personal Background Documentation
• Police Clearance Report
• FBI Clearance Report

6. Financial Requirements
• Proof of € 1,000,000 or
more in personal assets

7. Proof of Assets
• Titled Property Deeds
• Audited Financial
Statement
• Corporate Documents
• Stock Certificates
• Account Statements

8. Bulgaria Investment Requirements
BGN 1,000,000 (€ 511,292)
in a
Government Bond Portfolio
for a period of 5 years

9. 1. Fast Track
An additional Investment of
BGN 1,000,000 (€ 511,292)
in a Government Bond Portfolio
for a period of 2 years
~ Or ~
in the capital of a Bulgarian
Company that is carrying out a
Priority Investment Project

10. 2. Fast Track
Invest (at least) € 511,292
and obtain no less than 50 %
of a Bulgarian Company, and
create and maintain (at least)
10 jobs for Bulgarian citizens
under a labor contract

11. Residency Requirements
Single Investment
Citizenship after 5 year
Permanent Residency
Fast Track
Citizenship after 1 year
Permanent Residency

12. How Bulgaria Compares
• Austria ~ € 10,000,000
• Cyprus ~ € 2,000,000
• Malta ~ € 1,000,000 (Gift)
• Singapore ~ SGD 2,500,000
(€ 1,610,000 current
conversion)
Read more on:
http://premieroffshore.com/a-conversation-with-joel-nagel-on-second-
passports/

13. Nagel & Associates, LLC
409 Broad Street ~ Suite 204
Sewickley, Pennsylvania 15143
Joel Nagel, Esquire
www.joel-nagel.com