Three Simple Steps for Obtaining a Residence Permit

Legal Basis:

• Representatives of foreign legal entities who have established a commercial representation of a legal entity in Bulgaria and are registered with the Bulgarian Chamber of Commerce and Industry.
• Article 24, paragraph 1, item 6 of the Law on Foreigners in the Republic of Bulgaria.
• The permit is valid for up to one year.

Who it is suitable for:

• Business owners.
• Remote workers.
• Young entrepreneurs.
• Individuals with sufficient savings who do not need access to the job market.

Advantages:

• Any capable foreign individual can apply.
• Opening a representation in Bulgaria does not affect the activities of the legal entity on whose behalf it is established.
• Representatives are not required to have an employment contract.
• High approval rate of applications.
• Low overhead costs.
• The right to apply for residence permits for family members.

Disadvantages:

• Possible risks of legislative changes in the future.
• The need for prior proof of financial support by depositing an amount equivalent to 12 minimum wages into a bank account.
• No right to work as an employee.

This path allows for legal settlement in the country and is the most popular among foreigners.

Independent application for a Residence Permit in Bulgaria as a representative of a foreign legal entity