Foreign people will have the opportunity to receive a permanent residency in case they have made an investment not less than 500 000 BGN in the capital of Bulgarian trade representation office and open not less than 10 work places for Bulgarians. As far as economically disadvantaged areas with high unemployment are concerned, the threshold of required investment drops to 250 000 BGN with opening of at least 5 work places. The right of permanent residency will also be received by foreigners who have invested in property with not less than 600 000 BGN. The changes predict that the newly-opened work places will be as a requirement for a certification for class of investment. This new measure will give an opportunity to some projects from the service sector, where the amount of investment is low, but the generated employment is significant. For example, such are the outsourcing projects – field, where Bulgaria recently attracts more and more investments.
