Bulgaria
How Bulgaria performs
Tax
Light taxes. Bulgaria has one of the lightest tax burdens in the index, 23rd of 123. You keep more of what you earn here than in most countries we cover. Personal income tax 10%, corporate tax 10%, VAT 20%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Very safe. Bulgaria is one of the most peaceful and stable countries in the index, 24th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Bulgaria is 60th of 118.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Bulgaria is 35th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 10% |
|---|---|
| Personal income tax | 10% |
| Standard VAT | 20% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- Proficiency in Bulgarian language
- Investment Immigration Pathway
- Bulgaria Golden Visa
- Official language
- Bulgarian
- Dual citizenship
- Allows dual citizenship
North Macedonia
Romania
Bosnia and Herzegovina
Hungary