๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria
Tax SystemTerritorial (changing)Flat Tax
Income Tax (Foreign)0-35% (local income)10% flat
Capital Gains Tax0% (foreign, if not remitted)10%
Corporate Tax20%10%
Residency RequirementLTR Visa ($80k/year income)EU/EEA free movement
Minimum Stay180 days for tax residency183 days
Cost of LivingLow ($1,200-2,500/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

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 Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.

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.