Expatriation Bulgaria - tax comparison
🇧🇬

Bulgaria

VS
Expatriation Italy - tax comparison
🇮🇹

Italy

Bulgaria vs Italy

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
10%
🇧🇬 Bulgaria
vs
43%
🇮🇹 Italy
Monthly cost (single)
600 €
🇧🇬 Bulgaria
vs
1 200 €
🇮🇹 Italy
Safety
6/10
🇧🇬 Bulgaria
vs
5/10
🇮🇹 Italy

Taxation

🇧🇬Bulgaria
🇮🇹Italy
Top income tax bracket10%43%
Corporate tax10%24%
Capital gains10%26%
VAT20%22%
Tax treaty with FranceYesYes
Special regimeFlat tax 10 % sur toutRégime Impatriati (70 % d'exonération)
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.

🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

Cost of living

🇧🇬Bulgaria
🇮🇹Italy
Monthly cost (single)600 €1 200 €
Monthly cost (couple)950 €1 900 €
City center rent400 €900 €
Outside city rent250 €550 €
Private health insurance30 €0 €
Public healthcareAccessibleAccessible

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

🇧🇬 Bulgaria1 000 €/mo
🇮🇹 Italy2 100 €/mo

Bulgaria is approximately 1 100 € cheaper per month in total.

Quality of life

🇧🇬Bulgaria
🇮🇹Italy
Average temperature11°C15°C
Safety6/105/10
Health index58/10065/100
Internet90 Mbps80 Mbps
Timezone vs Paris+1h+0h
French-speaking communitySmallSmall
LanguagesBulgareItalien
CurrencyLev (BGN)Euro (EUR)
Corruption index45/10056/100
Democracy index6.64/107.69/10

Settling in

🇧🇬Bulgaria
🇮🇹Italy
Residence permit delay2 months6 months
Company creation18 days11 days
Bank accountEasyModerate
Political stability6/107/10
Ease of business61th worldwide58th 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
🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy

Comparative analysis: Bulgaria vs Italy

Which country has lower taxes?

In terms of taxation, Bulgarie is generally more advantageous. The top marginal income tax rate is 10% compared to 43% in Italie. Corporate tax stands at 10% versus 24%. Capital gains are taxed at 10% in Bulgaria versus 26% in Italy.

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 1 200 EUR/month in Italie. City center rent averages 400 EUR versus 900 EUR.

Which country is safer?

Bulgarie scores higher on safety (6/10 versus 5/10). In terms of healthcare, Italie leads with an index of 65/100 compared to 58/100 for Bulgarie.

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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.