Statement:
Most likely, it is better to work from Panama then from Bulgaria.

In the Best countries to work from rating Panama holds position #7 ²⁰²² out of 106 and Bulgaria is #21 out of 106 ²⁰²².
Position of Panama is better than position of Bulgaria.

Referencies:

1. Best countries to work from ²⁰²² by kayak

   The countries in the rating sorted by 'Final Score' in descending order.

   Bulgaria	'Final Score' value is	66
   Panama	'Final Score' value is	85