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Bulgarian Investor Immigration Program

The Bulgarian Investor Program for Permanent Residence is among the most accessible ones in Europe

Fast-track residence option now available

According to
„Тhe Foreigners in the Republic of Bulgaria Act“, art. 25

for foreign individuals who:

  • Invest BGN 1 million

    (~€500,000) in a licensed Bulgarian mutual fund is eligible to receive permanent residency in Bulgaria – a member of the European Union and now a member of the Schengen area allowing hassle-free movement by air across all EU countries

Highlights of the investor immigration program

Benefits for program participants

About the investment

  • Invest in a licensed UCITS-compliant mutual fund – Advance Invest
  • Advance Invest is the first equity mutual fund in Bulgaria, launched in 2004
  • Investment theme: mainly Bulgaria & Romania
  • Diversified portfolio of ~50 professionally selected companies
  • Seasoned investment team with solid experience and excellent track record in Emerging Europe
  • Long fund history with consistent performance and low volatility (risk)
  • Native understanding of the local market dynamics, on-the-ground research coverage
  • High degree of security: fund assets are kept in a segregated account with the custodian bank
  • Top rated among its peers - multiple fund of the year awards
  • Offering format: UCITS fund, daily trading in BGN/EUR


The Bulgarian Investor Program for Permanent Residence is among the most accessible ones in Europe

Your gateway into the European economy and way of life

Apply now

Advance Invest

Discover the best investment opportunities!

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Contact us about application process and legal help

+359 2 4008382
This is a marketing material. Before taking a definitive investment decision, please review the prospectus and the key investor information document of the relevant fund, in which you intend to invest. This material has been prepared by Karoll Capital Management, a licensed asset management company, a member of the Bulgarian Association of Asset Management Companies (BAAMC). The presented information and documents represent the intellectual property of Karol Capital Management EAD and may not be disclosed to third parties without the explicit written consent of Karol Capital Management EAD.