๐Ÿ‡ฏ๐Ÿ‡ช Channel Islands vs ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฏ๐Ÿ‡ช Channel Islands๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria
Tax SystemLow TaxFlat Tax
Income Tax (Foreign)20% flat10% flat
Capital Gains Tax0%10%
Corporate Tax0-10%10%
Residency RequirementHigh-value resident statusEU/EEA free movement
Minimum StayVaries by island183 days
Cost of LivingHigh ($3,000-5,000/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡ฏ๐Ÿ‡ช Channel Islands

Highlights

  • โœ…Low flat tax rate
  • โœ…Zero capital gains
  • โœ…British legal system
  • โœ…Near UK/France
  • โœ…Financial services hub

Considerations

  • โš ๏ธExpensive property
  • โš ๏ธSmall islands
  • โš ๏ธWeather

Best For

  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คUK alternatives
  • ๐Ÿ‘คOffshore planning

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

Which Should You Choose?

Choose Channel Islands if: You prioritize low flat tax rate and zero capital gains. Ideal for finance professionals, uk alternatives, offshore planning.

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.