Georgia
GEOGeorgia allows citizens of 95 countries to stay for up to one year without a visa, and its extremely low cost of living, flat tax regime, and fast internet have made Tbilisi a favourite base for digital nomads and entrepreneurs. Foreign-source income for Georgian small business owners can be taxed at an effective rate of just 1%.
Passport Rank
#58
Visa-Free
116
destinations
Country Details
- Capital
- Tbilisi
- Currency
- Georgian Lari (GEL)
- Languages
- Georgian
- Population
- 3,760,000
- Tax System
- Territorial
- Dual Citizenship
- Allowed
- Naturalisation
- 10 years
- Schengen / EU
- No
- Climate
- Continental / Subtropical
- English Proficiency Rank
- #52
- Territorial Taxation
- Yes — foreign-sourced income may not be taxed
Georgia's Virtual Zone status allows IT companies to pay 0% corporate tax on foreign-sourced revenue. Individual small business owners earning under 500,000 GEL can benefit from a flat 1% turnover tax under the Small Business Status scheme.
Indices
Cost of Living
28
Safety
71
Healthcare
58
Quality of Life
143