
Quick facts
Minimum investment €512,000; Typical timeline 6–12 months; 3 highlights
- Minimum investment
- €512,000
- Currency: EUR
- Typical timeline
- From application start
- bulgaria
- aif
- residency
Program specifics
- Route type
- AIF Investment
- Eligible residency pathway
- Last updated
- Subject to regulatory change
Information is indicative and may change; confirm current terms with an advisor.
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Program overview
Bulgaria’s residency program via the Alternative Investment Fund (AIF) allows eligible investors to obtain residency by subscribing to a government-approved fund. Investors can include their spouse, dependent children up to 18, and parents from 65. The program requires a minimum investment of EUR 512,000 and a five-year holding period. Applicants must demonstrate clean criminal records, valid identity documents, and legitimate sources of funds.
Investment overview
The AIF route requires a single investment in a government-approved fund of EUR 512,000. Funds must be held for a minimum of 60 months to maintain residency. Investment is structured to comply with local regulations, and all fund transfers must originate from verified sources. No maximum number of investors per fund applies, and participation ensures eligibility for the residency permit.
Costs & proof of funds
Program fees & proof of funds
Fees listed: 3 line items. Estimated totals: €517,150 (EUR). Proof of funds items: 1.
Detailed fee table
| Item | Price | When | Notes |
|---|---|---|---|
| Minimum AIF Investment | €512,000 | Upon fund subscription | Investment in government-approved AIF, minimum EUR 512,000. |
| Application Processing Fee | €5,000 | At application submission | Covers main applicant due diligence and administrative costs. |
| Residence Permit Fee | €150 | Upon permit issuance | Includes main applicant and dependents. |
Swipe horizontally to see all columns.
Proof of funds
- Proof of Funds€512,000
Bank statements or audited financials demonstrating legitimate source.
Figures are indicative and may change with family size, project selection and program updates.
Government fees
- Government Processing Fee
—
€3,000
Eligibility
- Applicant must be 18 years or older and of sound financial standing
- No criminal record and medically fit
- Investment of minimum EUR 512,000 in government-approved AIF
- Valid passport and proof of source of funds
Key benefits
- Obtain Bulgarian residency with potential EU travel advantages
- Include spouse, dependent children up to 18, and parents from 65
- Access to healthcare and education in Bulgaria
- Investment structured under a regulated Alternative Investment Fund
Document checklist
7 total items
Documents vary by profile and family composition; we'll tailor your final list.
Identity3 items
- Valid passport
- Birth certificate
- Marriage certificate (if applicable)
Certified copies and translations may be required.
Financial2 items
- Bank statements for last 12 months
- Proof of income/assets
Demonstrates legitimate source of funds.
Compliance2 items
- Police clearance certificate
- Medical report
Ensures health and character requirements are met.
Eligible dependents
3 of 4 categories included
3 of 4 categories eligible. Children up to 18. Parents from 65+ years. Spouse included. Siblings not included.
- Spouse
- IncludedYes
- Children
- Up to 18 years18Yes
- Parents
- From 65+ years65+Yes
- Siblings
- Not includedNo
Application process
How it works
- GuidedAvg. 2–4 weeks
Step 2: Submit application with financial, identity, and compliance documents
GuidedAvg. 2–4 weeksStep 3: Pay application and government processing fees
GuidedAvg. 2–4 weeksStep 4: Fund subscription to AIF for minimum EUR 512,000
GuidedAvg. 2–4 weeksStep 5: Await residency permit approval from Bulgarian authorities
GuidedAvg. 2–4 weeksStep 6: Receive residence permit and maintain investment for minimum 5 years
GuidedAvg. 2–4 weeks
Comparison
| Feature | AIF Route (Current) | Real Estate Route | Government Bonds | Business Investment |
|---|---|---|---|---|
| Minimum Investment | EUR 512,000 | EUR 300,000 | EUR 512,000 | EUR 512,000 |
| Holding Period | 60 months | 5 years | 5 years | 5 years |
| Family Inclusion | Spouse + children + parents | Spouse + children | Spouse + children | Spouse + children |
| Residency Requirement | Minimal | Minimal | Minimal | Minimal |
| EU Travel | Yes | Yes | Yes | Yes |
Risk & compliance
Please read carefully. These notes are informational and do not constitute legal or financial advice.
Risk notes
1 item- Investment in AIF is subject to market and fund performance. Residency is dependent on program compliance and fund retention rules.
Approved projects
Government-approved developments or investment options vetted for eligibility and exit horizons.

Government-Approved Bulgarian AIF
Min buy-in512,000 EURHold period60 moFive-year holding period required to maintain residency eligibility.
Cost estimator
Cost estimator
Indicative estimate. Excludes exchange/transfer charges and third-party legal costs. Official fees may change without notice.
Choose a base option
Family size
Government & due-diligence fees
- €51,2001 × €51,200 = €51,200
- €51,2001 × €51,200 = €51,200
Summary
Who this program is NOT for
- Criminal conviction or pending legal proceedings
- Fraudulent financial declarations or document falsification
- Ineligibility due to sanctions or restricted nationalities
Not a match? Explore other programs in Bulgaria.





