Digital nomads while constantly traveling globally, enjoy the world from its best side available. Sunny beaches, endless enthusiasm, maximised freedom of life. As if there were no funding constraints. Securing revenue, cost efficiency, tax optimization, clear regulation frameworks or liability protection are far away. But reality hits hard when clients request corporate formations, tax authorities their share and banks claim transparent tax residence compliance. Tax free solutions with territorial tax residencies being mostly offshore structures, may rise inacceptance by some clients, more and more by international banks. Thats when corporate and personal structures in low taxation countries like Estonia, Malta or Cyprus come into play. However, popularity does not replace comprehensive due diligence and that makes Bulgaria the hidden gem within the European Union. Effective flat rate taxation at 10%, no onsite director requirement, low risk from potentially greedy states due to almost imminent fiscal debt and inexistance of a socialist government, no legal minimum stay to operate or prolong residency status, no capital control measures or continously increasing bureaucracy, regulation or administration. Low taxes, better food, more freedom, that is why most foreigners come to Bulgaria. Its a save place regarding criminality or geopolitical exposure, abandent water and food supply, low density of population in the country-side and plenty of nature to enjoy in hot springs, mountain hikes, forrest walks or seaside beaches. Bulgaria suits all, digital nomads while traveling and operating their Bulgarian company or expats and remote workers fully integrated in onsite activities and lcoal life.
Christoph, being Swiss, moved with his family from Germany to Sofia in 2022 and co-founded NomadTax Bulgaria Ldt., which promotes Bulgaria to digital nomads, global entrepreneurs and expats alike. Inspired by the natural beauty of the country with its mountains, seaside and cultural life in the capital, he appreciates the traditional organic based kitchen, world-class wine, beside all the friends.
Christoph, being Swiss, moved with his family from Germany to Sofia in 2022 and co-founded NomadTax Bulgaria Ldt., which promotes Bulgaria to digital nomads, global entrepreneurs and expats alike. Inspired by the natural beauty of the country with its mountains, seaside and cultural life in the capital, he appreciates the traditional organic based kitchen, world-class wine, beside all the friends.