Bulgaria is attracting more foreign residents due to low taxes, relatively low cost of living, and a sense of personal freedom, especially compared with Western Europe.
• Bulgaria has been an EU member since 2004 but is not in Schengen, allowing certain residency pathways for EU and non-EU citizens. • EU citizens can move and live in Bulgaria easily with streamlined residency procedures; UK citizens previously could use Article residency permits. • Taxes are low, with effective personal rates around 7.5% for most residents. • Cost of living is relatively low compared with Western Europe, making it attractive for expatriates. • Freedom considerations: Bulgaria has low institutional trust and low vaccination mandates, which some expatriates see as greater personal liberty. • Downsides include lower quality of services, occasional language barriers, and challenges with customs or imported goods. • The country offers access to nature and outdoor activities, making it appealing for lifestyle-oriented residents.
Takeaway: Bulgaria may be an underappreciated destination for expatriates seeking low taxes, low cost of living, personal freedom, and access to nature, though practical limitations like services and language should be considered.
