> Nothing at the moment beats the taxes, location and potential of Bulgaria in Eastern Europe :)

I wouldn't be so sure, haha. I live in RO and this year I've paid less than 5% in taxes (half of them being pension fund and 25% health insurance).

Hold on I am also in Romania and pay 7%. Are you classed as PFA Consultant? If so then there's no programming "allowed" else it's the wrong category. Which tax code are you using so I can switch?

Yup, I'm a PFA with a fixed taxation rate (norma de venit) using 6202. Keep in mind that taxation rates differ by a lot for each county.

6202 is strictly for consulting services (ie. no programming). was advised by anaf and my accountant not to use it as it would be, basically, fraud (since i also write code not just "advice" - which is what the romanian tax system defines as consulting). use it at your own risk as they can back-tax if they catch you.

either way thanks for this!

Yes, I'm aware. I'm not worried because in my contracts it's mentioned that I offer consulting services.

Well that's great but I decided not to massage my contracts to accommodate for an _even_ lower tax.

How are Romanian taxes on capital gains? VAT?

All I can find on the topic is: https://taxsummaries.pwc.com/romania/individual/income-deter....

> The net capital gain is subject to income tax at the flat rate of 10%. The taxable amount is calculated based on the difference between the sale price and the acquisition price of the shares. In general, broker/transaction fees in connection with the acquisition or sale are tax deductible.

I have no clue tho how it works.

In which cities do you think there is the most work in the IT sector? Also, how do you rent a place? With agencies, do they want a lot of documents and stuff? Thanks!

Sofia, without a doubt - the capital.

Not much documents are needed in order to start working with an agency due to the fact that the market is starved for IT specialists.

It's not uncommon a person with 0 experience to start at 2K BGN which is around 1K eur.

Ranges are ( these are NET salaries after tax): - Super Jr -> 1k - 1.5k EUR

- Juniour -> 1.5k - 2.5k EUR

- Mid-Level -> 2.5k - 3.5k EUR

- Sr. Dev -> 3.5k -> ~4-5k EUR without being a people manager

It's full of collocation workspaces like:

https://betahaus.bg/en/

http://soho.bg/index-en.php

https://cosmos.camp/

http://cosharehive.com/

https://trevorworkspaces.com/

etc. etc.

The ranges mentioned are in BGN. Nobody will pay 1.5k - 2.5k EUR to a junior.

source: I work there

Also this: https://noblehire.io/salary-survey-2021/

Nope EUR. If you are making less than 3000 BGN as a juniour in Sofia, you are getting robbed.

Can you provide any sources for these salaries? Thanks.