The president of the Republic of Bulgaria is the head of state of Bulgaria and the commander-in-chief of the Bulgarian Army. The official residence of the president is at Boyana Residence, Sofia. After the completion of the second round of voting, candidate Rumen Radev was elected President of Bulgaria on 13 November 2016. In Bulgaria, the president's role is primarily as a symbolic figure, with the main function being to be the 'arbitrator' of disputes between Bulgaria's different institutions. They are not considered head of government or part of the nation's executive power. However, in the absence of a prime minister, presidents are in charge of appointing an interim administration, giving them considerable influence over the government during such periods (Zhelyu Zhelev in 1994-95; Petar Stoyanov in 1997; Rosen Plevneliev in 2013 and 2014; and Rumen Radev in 2017, 2021, and since 2022). On some occasions, the president has appointed the prime minister as well. The president is elected for a five-year term, which is renewable only once. After an individual has served two terms as president, that individual will forever be barred from being elected to the presidency again under the rules set out by Bulgaria's Constitution. The president addresses the nation on national television annually on New Year's Eve, just moments before the start of the new year. Election Eligibility for election For a Bulgarian citizen to be able to run for the office of President of Bulgaria, they must fulfil the following conditions: Must be a Bulgarian citizen Must be at least 40 years old Must have lived in Bulgaria for the five years prior to the candidacy Must fulfil all conditions that would be required for election as a representative to Bulgaria's National Assembly Electoral system The president is elected directly by the Bulgarian people in a two-round majoritarian election. If a candidate manages to obtain more than 50% of the vote and the voter turnout was at least 50% in the first round, that candidate is elected. If no candidate manages to obtain more than 50% of the vote or the voter turnout was lower than 50% in the first round, then the two top-performing candidates face off in a second round with first-past-the-post voting, with the candidate receiving the larger number of votes considered elected. Restrictions The president is banned from also being a member of the National Assembly, as well taking on any