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Country vs country

Bulgaria vs Hungary

Side by side for a genuine tax resident, with €150,000 a year in dividends or foreign income.

BulgariaHungary
Personal income10%15%
Company tax10%9%
Minimum days183183
Cost of residencyCheapCheap
Tax on €150,000 a year€7,500€22,500
Monthly cost for one person, rent included€1,300€1,525
In the EUYesYes
Spanish blacklistNoNo
Crypto gainsFlat 10% on net annual crypto gains after a 10% deemed expense, about 9% effective. No holding period exemption.Flat 15% on net annual crypto gains, with no social contribution tax.
PensionPrivate and occupational foreign pensions taxed at flat 10%; pensions from mandatory social security systems may be exempt under domestic law. Check treaty.Pensions are tax-free in Hungary, including foreign pensions, subject to the applicable tax treaty.

Who wins

  • Less tax: Bulgaria
  • Cheaper to live in: Bulgaria
  • Fewer days required: Tie
  • Easier to settle in: Bulgaria

It depends on your case: your nationality, the country you leave and how you earn your money change the answer.

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