๐Ÿ‡ช๐Ÿ‡จ Ecuador vs ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ช๐Ÿ‡จ Ecuador๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria
Tax SystemTerritorial (improving)Flat Tax
Income Tax (Foreign)0% (foreign pension)10% flat
Capital Gains Tax0% (foreign)10%
Corporate Tax25%10%
Residency Requirement$1,400/mo pensionEU/EEA free movement
Minimum StayNone required183 days
Cost of LivingVery Low ($1,000-1,800/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡ช๐Ÿ‡จ Ecuador

Highlights

  • โœ…Dollar-based economy
  • โœ…Very low cost of living
  • โœ…Great climate options
  • โœ…Excellent retiree benefits
  • โœ…Beautiful landscapes

Considerations

  • โš ๏ธPolitical instability
  • โš ๏ธLimited banking
  • โš ๏ธInfrastructure varies

Best For

  • ๐Ÿ‘คRetirees
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คNature lovers

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 Ecuador if: You prioritize dollar-based economy and very low cost of living. Ideal for retirees, budget-conscious, nature lovers.

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?

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