๐Ÿ‡ฌ๐Ÿ‡ช Georgia vs ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ช Georgia๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria
Tax SystemTerritorialFlat Tax
Income Tax (Foreign)0% (foreign income)10% flat
Capital Gains Tax0% (foreign assets)10%
Corporate Tax15%10%
Residency RequirementRemotely from Georgia programEU/EEA free movement
Minimum StayNone required183 days
Cost of LivingVery Low ($1,000-1,800/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡ฌ๐Ÿ‡ช Georgia

Highlights

  • โœ…Zero tax on foreign income
  • โœ…Easy residency for remote workers
  • โœ…Low cost of living
  • โœ…Wine and culture
  • โœ…Safe country

Considerations

  • โš ๏ธNot EU/Schengen
  • โš ๏ธLimited banking options
  • โš ๏ธSmall market size

Best For

  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คFreelancers
  • ๐Ÿ‘คBudget-conscious

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 Georgia if: You prioritize zero tax on foreign income and easy residency for remote workers. Ideal for digital nomads, freelancers, budget-conscious.

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.