🇲🇨 Monaco vs 🇧🇬 Bulgaria
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇧🇬 Bulgaria |
|---|---|---|
| Tax System | Zero Tax | Flat Tax |
| Income Tax (Foreign) | 0% | 10% flat |
| Capital Gains Tax | 0% | 10% |
| Corporate Tax | 25% (non-Monaco revenue) | 10% |
| Residency Requirement | €500k+ deposit | EU/EEA free movement |
| Minimum Stay | None | 183 days |
| Cost of Living | Very High ($8,000+/mo) | Very Low ($1,000-1,800/mo) |
🇲🇨 Monaco
Highlights
- ✅Zero personal income tax
- ✅Ultra-safe
- ✅Mediterranean climate
- ✅Prestigious address
- ✅EU border access
Considerations
- ⚠️Extremely expensive
- ⚠️Tiny country
- ⚠️Hard to get residency
Best For
- 👤Ultra-high-net-worth
- 👤F1 enthusiasts
- 👤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 Monaco if: You prioritize zero personal income tax and ultra-safe. Ideal for ultra-high-net-worth, f1 enthusiasts, 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.