Through its affiliate, Prestige Investment Fund, KEDP offers an exceptional opportunity for Cross-Border Wealth Creators looking to secure European Union (EU) residency and citizenship. Bulgaria presents a particularly attractive program with an investment requirement of approximately €500,000 in an Alternative Investment Fund (AIF), making it one of the most accessible options within the EU.
Prestige Investment Fund assists clients in navigating this process, where successful applicants typically receive their EU Permanent Residency (PR) card within 6 to 8 months. Furthermore, clients can apply for full Bulgarian citizenship within five years from the initial PR application, unlocking visa-free travel to 142 countries worldwide.
One of the key advantages of Bulgaria's residency and citizenship program is the country's favorable tax regime. Bulgaria imposes a flat 10% income tax rate, which only applies to income generated within the country. Importantly, residents are not taxed on income derived from outside Bulgaria, making it an attractive option for wealth management and tax planning.
In addition to these financial benefits, acquiring EU citizenship or permanent residency through Prestige Investment Fund enhances personal and family security, expands business opportunities, and contributes to a comprehensive wealth management strategy. Europe offers a wide array of advantages, including business and tax incentives, a high quality of life, and robust legal protections, making it a prime destination for high-net-worth individuals and families.
By partnering with Prestige Investment Fund, clients can confidently navigate the process of obtaining Bulgarian residency and citizenship, leveraging the full spectrum of benefits that the EU has to offer.
