๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria vs ๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria๐Ÿ‡น๐Ÿ‡จ Turks and Caicos
Tax SystemFlat TaxZero Tax
Income Tax (Foreign)10% flat0%
Capital Gains Tax10%0%
Corporate Tax10%0%
Residency RequirementEU/EEA free movementPRC ($300k property)
Minimum Stay183 daysNone
Cost of LivingVery Low ($1,000-1,800/mo)High ($4,000-7,000/mo)

๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

Highlights

  • โœ…Lowest EU flat tax (10%)
  • โœ…EU membership
  • โœ…Very low cost of living
  • โœ…Black Sea coast
  • โœ…Mountain ski resorts

Considerations

  • โš ๏ธLanguage barrier
  • โš ๏ธInfrastructure varies
  • โš ๏ธCorruption concerns

Best For

  • ๐Ÿ‘คEU budget option
  • ๐Ÿ‘คLow-tax EU base
  • ๐Ÿ‘คRemote workers

๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Highlights

  • โœ…Zero taxes
  • โœ…Beautiful beaches
  • โœ…British territory
  • โœ…Close to USA
  • โœ…Low crime

Considerations

  • โš ๏ธExpensive
  • โš ๏ธSmall population
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คUS-adjacent tax planning
  • ๐Ÿ‘คRetirees

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 Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.

Not Sure Which is Right for You?

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