Legex Consulting

Temporary residence through business

Temporary residence through business

Obtaining a long-term residence permit in Bulgaria through business is a popular option for foreign citizens who wish to live and work in the country. There are several options for obtaining a long-term residence permit through business, and each has its own requirements.
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Ways to obtain a long-term residence permit in Bulgaria through business

A long-term residence permit in Bulgaria through business can be obtained in various ways, depending on the type of business and the conditions that must be met. Here are some of the options:

Registration of a limited liability company (LLC) or single-member limited liability company (SMLC)

This is the most preferred option for doing business, requiring a minimum initial investment (1 euro).

Joint-stock company (JSC)

A minimum share capital of 26,000 euros is required to establish a joint-stock company.

Registration of a representative office of a foreign company with the Bulgarian Chamber of Commerce and Industry (BCCI)

The company must have been in existence for at least two years, be actively operating, have no outstanding taxes or fees, and have no more than two representatives.

Opening a branch

Foreign companies can establish a branch by registering it in the Commercial Register.

Providing jobs

Opening a company in Bulgaria and creating at least 10 jobs for Bulgarian citizens.

Investing in the Bulgarian economy

The investment must be at least BGN 250,000 in the capital of a Bulgarian commercial company in which the foreigner is a partner or shareholder with at least 50% of the capital. Another option is to invest at least BGN 600,000 in the purchase of real estate.

Assistance in obtaining a residence permit in Bulgaria

Legex Consulting will help you go through all the stages involved in obtaining residence status, starting with the submission of documents for a "D" visa and ending with the receipt of a residence permit card in Bulgaria. Contact us in the most convenient way for you, including Telegram.
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