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Amendments introduce new investment options and improved processing.
March 12, 2021 — Today, in the Bulgarian State Gazette, the recently voted bill on amending the legislation governing the country’s Investor Program for Residence and Citizenship was promulgated. Among the changes are new investment options and requirements, abolishment of the original government bond option, modified application procedure, and improved processing times.
The amendments are largely in response to the recommendations of the European Commission, which are aimed at streamlining and...