🇺🇾 Uruguay vs 🇧🇬 Bulgaria
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇧🇬 Bulgaria |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Flat Tax |
| Income Tax (Foreign) | 0% foreign (10 years) | 10% flat |
| Capital Gains Tax | 0% foreign (10 years) | 10% |
| Corporate Tax | 25% | 10% |
| Residency Requirement | $520k property OR income proof | EU/EEA free movement |
| Minimum Stay | 183 days to activate | 183 days |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very Low ($1,000-1,800/mo) |
🇺🇾 Uruguay
Highlights
- ✅10-year tax holiday on foreign income
- ✅Stable banking system
- ✅High quality of life
- ✅Safe country
- ✅Good infrastructure
Considerations
- ⚠️Higher residency requirements
- ⚠️Cold winters
- ⚠️Small market
Best For
- 👤Wealthy individuals
- 👤Argentines
- 👤Quality of life seekers
🇧🇬 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 Uruguay if: You prioritize 10-year tax holiday on foreign income and stable banking system. Ideal for wealthy individuals, argentines, quality of life seekers.
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.