Bulgaria

Bulgaria maintains a competitive tax environment with a top personal income tax rate of 10% and a corporate tax rate of 10%. These low rates position the country as an appealing base for entrepreneurs and remote workers. Capital gains are taxed at a relatively low rate of 10%, making Bulgaria reasonably attractive for investors and those with portfolio income. Bulgaria taxes residents on their worldwide income, including foreign-sourced earnings. This means income from overseas employment, investments, and business activities is subject to domestic tax rates, though double taxation treaties may provide relief. Notable tax incentive: 10% flat PIT and 10% CIT (lowest in EU for both). This regime can significantly reduce the effective tax burden for qualifying individuals or businesses and is worth exploring with a qualified tax advisor. Bulgaria permits dual citizenship, which provides flexibility for tax planning through establishing residency in a second jurisdiction without forfeiting existing citizenship rights.