LawState and Law

What is permanent residence and how to get it

Today it became very important to buy real estate abroad. Especially popular resort European countries. Many Russian citizens purchase housing there in order to obtain a permanent residence permit. What is permanent residence? The residence permit, which presupposes permanent residence in the country. And for Bulgaria this is today the most popular topic. The receipt of such a permit allows you to move not only across the country, but also across the European Union. Moreover, it gives the right to official work in any of the European states.

To get more information about what is permanent residence, you should contact the companies involved in issuing visas and other travel documents.

Why does Bulgaria attract foreigners like that? Most likely, not so much an opportunity to relax on the sea coast, although this should not be overlooked, but rather by the availability of housing prices and the flexible fiscal policy of the state.

Departure for permanent residence in Bulgaria today has gained great popularity not only among Russian citizens, but also among residents of other CIS countries. The easiest way to get it is by registering a company in Bulgaria or buying real estate. And as the prices for it are quite moderate, then such an acquisition is very profitable. So what is permanent residence in Bulgaria for Russian citizens? This, first of all, a winning investment of capital, and also a good holiday at sea.

Since our country has established a visa regime for entering the country, you will need to draw up a list of documents required for entry into the territory of Bulgaria. In order to obtain a residence permit, the foreigner must meet one of the following points:

• be enrolled in the full-time form of study at the university;

• undergo long-term treatment in a medical institution;

• engage in commercial activities.

But this residence permit is not a document that allows you to obtain citizenship. To do this you need to issue a permanent residence in Bulgaria. There are certain requirements for obtaining it. Our citizens get this opportunity if:

• Invest in the economy of the country at least $ 250,000;

• lived in it for more than five years;

• Married a Bulgarian citizen.

Despite the fairly simple procedure for registering a residence permit, it is best to find out what is permanent residence and what package of documents is required in the Bulgarian Consulate. This will help you get rid of unnecessary problems and overcome all the formalities when you design it directly.

When you become a holder of a permanent residence permit, the new status will give a lot. And most importantly it is an opportunity to live in a beautiful and friendly country with a European standard of living, to travel freely throughout the EU, to give a decent education to your children and much more. Not the least role is played by the spiritual kinship of the Slavic peoples, the commonality of culture and similar traditions, and also the fact that most of the inhabitants of Bulgaria know perfectly Russian speech and speak well in our language.

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