Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Ban on purchase of Bulgarian citizenship planned

Photo: library

The caretaker government proposes to ban acquisition of Bulgarian citizenship in exchange for investments. This is planned in the draft amendment to the Bulgarian Citizenship Act. The amendment would abolish Art. 12a and 14a for receiving a passport after investing 500,000 euros in government securities or in a licensed credit institution under a trust management agreement. The members of the investor's family also acquire Bulgarian citizenship by naturalization. Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.

The European Commission denounced this scheme and threatened Bulgaria with sanctions. Changes to the law are expected to be approved by the new parliament.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Hot weather expected on Thursday, with rain showers in the mountains and eastern parts

On Thursday, the minimum temperatures in Bulgaria will range from 16 to 20°C, in Sofia - 16°C . Before noon the weather will be sunny. In the afternoon, clouds will start gathering. In places, mainly in the mountainous and eastern regions, there will be..

published on 6/18/25 7:35 PM

An icon of Saints Cyril and Methodius is kept in the museum in Vinogradovka, Ukraine

An icon of Saints Cyril and Methodius, Equal to the Apostles, is kept in the ethnographic museum of the multicultural Bessarabian village of Vinogradovka , Ukraine, according to the Bulgarian Telegraph Agency. The relic forms part of the museum's..

published on 6/18/25 5:59 PM

The number of foreign students in Bulgarian universities is growing

More and more foreign students have been choosing Bulgarian universities and higher education institutions in recent years,  the Bulgarian News Agency (BTA) reports. The increased interest is due not only to the tuition fees, but also to the quality of..

published on 6/18/25 4:01 PM