Expatriation Bulgaria - tax comparison
🇧🇬

Bulgaria

VS
Expatriation Cyprus - tax comparison
🇨🇾

Cyprus

Bulgaria vs Cyprus

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
10%
🇧🇬 Bulgaria
vs
35%
🇨🇾 Cyprus
Monthly cost (single)
600 €
🇧🇬 Bulgaria
vs
1 100 €
🇨🇾 Cyprus
Safety
6/10
🇧🇬 Bulgaria
vs
7/10
🇨🇾 Cyprus

Taxation

🇧🇬Bulgaria
🇨🇾Cyprus
Top income tax bracket10%35%
Corporate tax10%12.5%
Capital gains10%0%
VAT20%19%
Tax treaty with FranceYesYes
Special regimeFlat tax 10 % sur toutNon-Dom (exonération dividendes et intérets)
Wealth taxNoNo
Territorial taxationNoNo
🇧🇬

Flat tax 10 % sur tout

Duration: Permanente (systeme par défaut)

La Bulgarie applique un taux unique de 10 % sur pratiquement tout : impot sur le revenu, impot sur les sociétés et plus-values. C'est le taux le plus bas de l'Union européenne. Les dividendes sont taxés à 5 % seulement. Ce systeme simple et prévisible attire de nombreux entrepreneurs.

🇨🇾

Non-Dom (exonération dividendes et intérets)

Duration: 17 ans

Les résidents non-domiciliés à Chypre bénéficient d'une exonération totale sur les dividendes et les intérets pendant 17 ans. Combiné avec l'absence d'impot sur les plus-values (hors immobilier chypriote), c'est l'un des régimes les plus avantageux d'Europe.

Cost of living

🇧🇬Bulgaria
🇨🇾Cyprus
Monthly cost (single)600 €1 100 €
Monthly cost (couple)950 €1 800 €
City center rent400 €850 €
Outside city rent250 €550 €
Private health insurance30 €70 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇧🇬 Bulgaria1 000 €/mo
🇨🇾 Cyprus1 950 €/mo

Bulgaria is approximately 950 € cheaper per month in total.

Quality of life

🇧🇬Bulgaria
🇨🇾Cyprus
Average temperature11°C20°C
Safety6/107/10
Health index58/10056/100
Internet90 Mbps80 Mbps
Timezone vs Paris+1h+1h
French-speaking communitySmallSmall
LanguagesBulgareGrec, Anglais, Turc
CurrencyLev (BGN)Euro (EUR)
Corruption index45/10053/100
Democracy index6.64/107.29/10

Settling in

🇧🇬Bulgaria
🇨🇾Cyprus
Residence permit delay2 months2 months
Company creation18 days8 days
Bank accountEasyEasy
Political stability6/107.5/10
Ease of business61th worldwide54th worldwide

Summary

🇧🇬

Bulgaria

  • Top IT: 10% | Corp. tax: 10%
  • Cost of living: 600 €/mo
  • Safety: 6/10 | Health: 58/100
  • Regime: Flat tax 10 % sur tout (Permanente (systeme par défaut))
View full profile Bulgaria
🇨🇾

Cyprus

  • Top IT: 35% | Corp. tax: 12.5%
  • Cost of living: 1 100 €/mo
  • Safety: 7/10 | Health: 56/100
  • Regime: Non-Dom (exonération dividendes et intérets) (17 ans)
View full profile Cyprus

Comparative analysis: Bulgaria vs Cyprus

Which country has lower taxes?

In terms of taxation, Bulgarie is generally more advantageous. The top marginal income tax rate is 10% compared to 35% in Chypre. Corporate tax stands at 10% versus 12.5%. Capital gains are taxed at 0% in Cyprus versus 10% in Bulgaria.

Which country is cheaper to live in?

The cost of living is lower in Bulgarie. A single person spends about 600 EUR/month excluding rent, compared to 1 100 EUR/month in Chypre. City center rent averages 400 EUR versus 850 EUR.

Which country is safer?

Chypre scores higher on safety (7/10 versus 6/10). In terms of healthcare, Bulgarie leads with an index of 58/100 compared to 56/100 for Chypre.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.