🇦🇲 Armenia vs 🇧🇬 Bulgaria
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇦🇲 Armenia | 🇧🇬 Bulgaria |
|---|---|---|
| Tax System | Flat Tax | Flat Tax |
| Income Tax (Foreign) | 20% flat | 10% flat |
| Capital Gains Tax | 0% | 10% |
| Corporate Tax | 18% | 10% |
| Residency Requirement | Easy residency | EU/EEA free movement |
| Minimum Stay | None required | 183 days |
| Cost of Living | Very Low ($800-1,500/mo) | Very Low ($1,000-1,800/mo) |
🇦🇲 Armenia
Highlights
- ✅Zero capital gains tax
- ✅Low flat income tax
- ✅Easy residency
- ✅Very low cost of living
- ✅Tech scene growing
Considerations
- ⚠️Regional tensions
- ⚠️Not EU
- ⚠️Limited infrastructure
Best For
- 👤Tech startups
- 👤Budget-conscious
- 👤Remote workers
🇧🇬 Bulgaria
Highlights
- ✅Lowest EU flat tax (10%)
- ✅EU membership
- ✅Very low cost of living
- ✅Black Sea coast
- ✅Mountain ski resorts
Considerations
- ⚠️Language barrier
- ⚠️Infrastructure varies
- ⚠️Corruption concerns
Best For
- 👤EU budget option
- 👤Low-tax EU base
- 👤Remote workers
Which Should You Choose?
Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.
Choose Bulgaria if: You prioritize lowest eu flat tax (10%) and eu membership. Ideal for eu budget option, low-tax eu base, remote workers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.