Foreign Nationals Will Be Granted Bulgarian Citizenship for Hefty Investment

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(novinite.com)

Foreigners will be entitled to acquire Bulgarian citizenship if they invest at least BGN 2 million on the stock exchange, decided the National Assembly, which adopted at second reading amendments to the Bulgarian Citizenship Act.

They must have bought shares in Bulgarian commercial companies, bonds and treasury bills, rights under concession contracts, or invested so much money in a licensed credit institution in Bulgaria for a period of at least 5 years. Such persons will be able to apply for Bulgarian citizenship.

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