๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria
Tax SystemTerritorialFlat Tax
Income Tax (Foreign)0% (foreign income)10% flat
Capital Gains Tax0% (foreign)10%
Corporate Tax30%10%
Residency Requirement$750/mo income proofEU/EEA free movement
Minimum StayNone required183 days
Cost of LivingVery Low ($600-1,200/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua

Highlights

  • โœ…Lowest cost in Americas
  • โœ…Beautiful beaches
  • โœ…Easy residency
  • โœ…Territorial taxation
  • โœ…Growing expat community

Considerations

  • โš ๏ธPolitical concerns
  • โš ๏ธBasic infrastructure
  • โš ๏ธLimited banking

Best For

  • ๐Ÿ‘คBudget nomads
  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คAdventurous types

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 Nicaragua if: You prioritize lowest cost in americas and beautiful beaches. Ideal for budget nomads, beach lovers, adventurous types.

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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