All the top immigration advisory services are offering EU residence permits through investment. However, some are very greedy, and are targeting high net worth individuals for millions of Euros so they can line their pockets with a percentage of that investment.

The reality is that you can be granted almost immediate permanent residence by investing as little as 50,000 euros in certain EU states. If you are to chose this route to EU immigration, always pick a company that has strong affilliations with good investment firms with a good track record. That way your investment is more likely to make money, and you will effectively ge your European Union immigration for free!

If you have around 50,000 to invest, as long as the proposed investment is solid, then this is something you should seriously consider in order to become a permanent resident in the EU….

The Egyptian Foreign Minister Ahmed Aboul Gheit visited Bulgaria and met the Bulgarian forreign minister. One of the main topics that were discussed was the economic cooperation between the two countries. Bulgaria and Egypt have strong friendship relations dated long time ago.

Minister Mladenov focused on the traditionally good political and economic relations between the two countries, but emphasized on the need to increase the exchange particularly in the areas of commerce, tourism and agriculture. Bulgaria can extend its tourist sector by cooperating with Egypt’ s strong know-how in the tourism area. Workforce can also be attracted from Egypt, as Egyptians working in tourist sector are highly qualified. This will positively influence visa and residency applicants from Egypt who want to invest in the priority sectors such as commerce, tourism and agriculture.

The full overview of the visit can be read here

Our residence services has been updated. We now offer quicker processing of applicant’s EU residency applications. Call us to learn more on the updates.

The EU has waived tourist/business visas for citizens of Taiwan. This is a good news for all Taiwanese, as this opens a big business and investments opportunities to EU-Taiwan relations. This also influence the immigration of Taiwanese to EU, including Bulgaria. However in order to apply for residence, Taiwanese need to apply for Visa “D” and  later on residence card. This, however will be much easier as there is already a positive attitude of EU toward Taiwan. The full news can be read here

A residence permit allows the holder to stay indefinately in that initial EU country where they applied for EU residence, as well as travel and seek work in all other EU countries. However, many immigration advisory services in the EU mis-sell to their client base, claiming that they can stay in the EU indefinately without advising their clients properly.

Hence, just to clarify – when travelling, holders of long term residence can stay up to 3 months in EACH European country before requiring a work permit in that country. So, for eample, if the holder travels to the UK and cannot find work there, then they can travel to Germany. If they cannot find work there after 3 months, then they can travel to France for 3 months, then Norway, then Spain, then Belgium etc.  

European Union immigration is quite straight forward, but clients should be advised correctly, so that there are no misunderstandings .

Bulgaria will finalize its preparation for inclusion in the Schengen zone by March 2011. The government retains its main focus on the reforms and will do its best to achieve improvement of the European Commission’s assessment under the Cooperation and Verification Mechanism. Those were the main messages of the Bulgarian Foreign Minister Nikolay Mladenov during his visit to the Czech Republic for the 90th anniversary of diplomatic relations between Sofia and Prague.

This will enable foreigners who are Bulgarian residents to reside more than 3 months in the Schengen area without having to apply for local residence.

Source: Ministry of Foreign affairs

The Bulgarian Ministry of Foreign Affairs announced the meeting of the foreign minister, Mr. Mladenov with his Egypt colleague Mr. Ahmed Aboul-Gheit. Various topics were discussed including cooperation between the two countries regarding labour force, economics, investments and tourism.

This is a good sign as Bulgaria now needs investors and qualified workers. The parties will probably discuss the residency issues and residency investment regimes for Egyptians. Early next year the Bulgarian prime minister will visit Egypt for further discussions on the topic.

The rules for obtaining a permanent residence permit through investment, differ from country to country. EU immigration (through investing in Bulgaria), can be done for as little as 55,000 euros. In contrast, European Union immigration through investment in the Czech Republic can only be done with several million euros. The vast majority of EU member states offering European Union immigration through investment, like the Czech Republic, can only give a residence permit after an investment of several million euros. It all depends on that particular country’s attitude towards European immigration.

As any immigration advisory service will tell you, becoming a permanent resident by investing in that particular country is nearly always the fastest and most reliable way of emigrating to the EU.

An EU directive was adopted by the European Parliament 2006 that made living in other EU countries easier for nationals of EU member states. This was good news for European immigration.

The EU Immigration law came into effect in 2006. It stipulates that non-EU residents do not have to apply for an additional permanent residence permit to live and work in any other EU country. Although these residents don’t require work permits to work in another member state, they will need an EU residence permit if they stay for more than six months.

The EU has expanded and this has effected European Union immigration. Now all non-EU nationals can save the time and expense involved in applying for a residence permit. However, they do need to register with the local authorities and show that they have independent means of support whilst residing in that particular EU country.

Visa map for EU and Bulgaria
EU member states Special visa-free provisions (Schengen treaty, OCT or other) Visa required to enter the EU – annex I countries Visa required to enter Schengen area and for transit through Schengen area Visa-free access to the EU for 90 days – annex II countries Visa-status unknown, listed neither in annex I nor in II