Bulgaria income tax

Bulgaria tax calculator

Enter your income to estimate what you would pay in Bulgaria, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.

How much is income tax in Bulgaria?

Bulgaria taxes personal income at rates up to 10%. Partial exemption on foreign income through a special regime

Compiled by MyNomadWorld for Bulgaria and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.

Capital gains, wealth & property tax

• Capital gains: 10% (0% on share disposals executed on a Bulgarian/EU/EEA regulated market; residential-property gains exempt under holding-period rules)
• Wealth tax: No net wealth/net worth tax

Inheritance & gift tax in Bulgaria

Inheritance & gift tax levied at municipal level; rate set by each municipality within legal bands (0.4%-0.8% for siblings and their children; 3.3%-6.6% for all other non-close heirs). Inherited share up to BGN 250,000 is exempt. Surviving spouse and direct-line relatives (children, grandchildren, parents) are fully EXEMPT

Corporate tax & VAT

The standard corporate profits tax is 10%.

How to become a tax resident of Bulgaria

Permanent address in Bulgaria with centre of vital interests there, OR presence over 183 days in any 12-month period.

Cost of living & lifestyle

Cost of living is about 23% of the US level, with average purchasing power near $42k (PPP). Pick a city below to see its monthly climate and cost.

Banking in Bulgaria

You will want a local or multi-currency account for rent, bills and getting paid. See our guide to the best banks in Bulgaria.

For receiving income and moving money the day you arrive, Wise lets you hold and convert 40+ currencies and get paid like a local. Open a free Wise account →

Wise link is an affiliate link; we may earn a commission at no cost to you.

Climate & cost by city

Average monthly temperature (°C) and rainfall. Climate: Open-Meteo ERA5; cost of living: World Bank PPP (same-year pairing), omitted where unavailable.

Bulgaria tax treaties

Bulgaria maintains around 70 double taxation treaties in force. They generally follow the OECD Model Convention and reduce withholding tax on cross-border dividends, interest and royalties, so the same income is not taxed twice when you move, invest or earn across borders. That is a broad network, useful for internationally mobile earners and investors.

Major treaty partners

Chips with a link open the full withholding-tax detail for that treaty pair.

Approximate size of the DTA network; confirm the specific treaty and its terms before relying on it.

Bulgaria tax treaty guides

Detailed double-tax-treaty guides (withholding rates on dividends, interest and royalties) are available for 23 of Bulgaria's partners:

Albania · Algeria · Armenia · Azerbaijan · China · Egypt · Georgia · India · Indonesia · Iran · Jordan · Lebanon · Moldova · Mongolia · Morocco · North Macedonia · Pakistan · South Africa · Thailand · Ukraine · Uzbekistan · Vietnam · Zimbabwe