Bulgaria has Europe's lowest flat tax at 10%. Social contributions add ~32% for employees. Freelancers can deduct 25% of income for recognized expenses. EU member state.
Income Tax
10% (flat)
Capital Gains
10%
VAT / Sales Tax
20%
Tax Year
calendar
Special Tax Regimes
tourist
Citizens of visa-exempt countries (US, UK, Canada, Australia, etc.) can visit Bulgaria and other Schengen countries for up to 90 days within any 180-day period without a visa. Bulgaria joined Schengen in January 2025.
tourist
Short-stay visa for citizens of countries not eligible for visa-free entry. Allows visits to Bulgaria and other Schengen countries for up to 90 days within a 180-day period.
special
Long-stay visa for foreigners planning to stay in Bulgaria for more than 90 days. Required before applying for a residence permit for work, business, study, or family reunification.
dn_visa
New visa introduced in June 2025 for remote workers, freelancers, and digital entrepreneurs working for non-Bulgarian employers. Valid for 1 year with possibility of renewal.
special
For foreigners planning to stay in Bulgaria for more than 90 days. Available for employment, business, study, family reunification, retirement, or investment. Valid for 1 year, renewable.
business
Most popular and affordable pathway to Bulgarian residence. Register a trade representative office of your foreign company and obtain residence permit. No minimum investment or employee requirements.
work
For self-employed individuals wanting to work as freelancers in Bulgaria. Requires approval from the Bulgarian Employment Agency and proof of qualifications.
business
Residence permit for foreigners investing €312,000+ in Bulgarian real estate or €600,000 in business ventures. Provides straightforward path to residence.
special
Residence permit for retirees with sufficient pension income. One of the most affordable retirement destinations in Europe with excellent healthcare and low cost of living.
$1,200/month
Average for a comfortable nomad lifestyle
Public healthcare is basic. Private clinics in Sofia and Plovdiv are affordable. Tokuda Hospital and Acibadem City Clinic are well-regarded.
EGN (personal number) or address required. UniCredit Bulbank and DSK Bank are options. BGN is pegged to EUR.
Generally safe. Sofia is walkable. Minor petty crime risk. Some scams at currency exchanges. Avoid unlicensed taxis.