🇨🇾 Cyprus vs 🇧🇬 Bulgaria
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇧🇬 Bulgaria |
|---|---|---|
| Tax System | Non-Dom Regime | Flat Tax |
| Income Tax (Foreign) | 0% on dividends | 10% flat |
| Capital Gains Tax | 0% (most cases) | 10% |
| Corporate Tax | 12.5% | 10% |
| Residency Requirement | Category F permit (€50k deposit) | EU/EEA free movement |
| Minimum Stay | 60 days (special regime) | 183 days |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very Low ($1,000-1,800/mo) |
🇨🇾 Cyprus
Highlights
- ✅EU membership
- ✅English widely spoken
- ✅60-day rule for tax residency
- ✅Non-dom dividend exemption
- ✅Good weather
Considerations
- ⚠️Divided island
- ⚠️Hot summers
- ⚠️Limited winter activities
Best For
- 👤Non-dom status seekers
- 👤Holding companies
- 👤Yacht owners
🇧🇬 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 Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
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.