Head-to-head · tax residents 2026
Georgia or Bulgaria: which should you move to?
Two of Europe's top relocation targets, both with newcomer regimes. Here is how they compare on the taxes that move the needle.
Tell us your country, income and net worth. The verdict above and the cost, flight time and "who wins" all update for you.
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| Factor |  Georgia ↗ |  Bulgaria ↗ |
|---|---|---|
| Top personal income tax | 20% | 10% |
| Corporate tax | 15%* | 10%* |
| Capital gains tax | Taxed | Taxed |
| Dividend tax | 5% | 5% |
| VAT / sales tax | 18% | 20% |
| Wealth tax | No | No |
| Inheritance tax | No | Yes |
| Foreign income | Worldwide | Partly exempt |
| Headline expat regime | Small Business 1% | 10% Flat Personal Income Tax |
| Cost of living (vs your country) | 33 | 23 |
| Population | 3,935,766 | 6,433,302 |
| Area | 69,700 km² | 110,910 km² |
| Population density | 56/km² | 58/km² |
| Airports (large + medium) | 12 | 9 |
| Annual tourists | 1,513,000 | 4,973,000 |
| Flight time from your country | · | · |
| Direct flight likely? | · | · |
| Life expectancy | 74.7 yrs | 75.8 yrs |
| Safety (homicides/100k) | 2 | 1.1 |
| Happiness (0-10) | 4.67 | 5.1 |
| Corruption index (higher = cleaner) | 56/100 | 44/100 |
| Double-tax treaties (approx) | ~57 | ~70 |
| Internet speed (median fixed) | · | 94 Mbps |
| Healthcare spend / person | $554 | $1,258 |
| Air quality (PM2.5, lower=better) | 18.57 | 19.68 |
| Time zone (approx) | UTC+3 | UTC+2 |
| Digital nomad visa | Yes | · |
| Official languages | 1 (Georgian) | 1 (Bulgarian) |
Green = more favourable. Cost of living shown as a percentage of your home country (under 100% = cheaper than home). Tax data: compiled by us, being re-verified; cost of living: World Bank PPP; area & population: GeoNames; life expectancy & homicide rate: World Bank.
* Georgia: Estonian-model tax on distributed profits: 15% on the grossed-up value of profit distributions and certain deemed distributions (undistributed reinvested profit is untaxed). 20% for commercial banks, credit unions, microfinance orgs and loan providers from 1 Jan 2023. · Bulgaria: Flat 10% CIT on worldwide income of residents; lowest headline rate in the EU. EU Pillar Two (15% minimum) applies to in-scope large groups from 2024/2025.
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