🇧🇬 Bulgaria vs 🇧🇲 Bermuda
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇧🇬 Bulgaria | 🇧🇲 Bermuda |
|---|---|---|
| Tax System | Flat Tax | Zero Tax |
| Income Tax (Foreign) | 10% flat | 0% |
| Capital Gains Tax | 10% | 0% |
| Corporate Tax | 10% | 0% |
| Residency Requirement | EU/EEA free movement | Work permit or property |
| Minimum Stay | 183 days | None |
| Cost of Living | Very Low ($1,000-1,800/mo) | Very High ($6,000-10,000/mo) |
🇧🇬 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
🇧🇲 Bermuda
Highlights
- ✅Zero personal tax
- ✅British territory
- ✅Strong insurance sector
- ✅Close to US East Coast
- ✅High quality of life
Considerations
- ⚠️Extremely expensive
- ⚠️Small island
- ⚠️Limited entertainment
Best For
- 👤Insurance/reinsurance
- 👤Ultra-high-net-worth
- 👤US proximity
Which Should You Choose?
Choose Bulgaria if: You prioritize lowest eu flat tax (10%) and eu membership. Ideal for eu budget option, low-tax eu base, remote workers.
Choose Bermuda if: You prioritize zero personal tax and british territory. Ideal for insurance/reinsurance, ultra-high-net-worth, us proximity.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.