Taxes are considerably low in Georgia. The World Economic Forum’s Global Competitiveness Report listed Georgia as the ninth lowest-tax economy. It’s corporate tax rate is significantly lower than those of the United States, France, Belgium, Mexico, and Portugal.
Rates for different activities are as follow:
The process is pretty simple. Any individual living in Georgia for 183 days during a consecutive 12-month period is eligible to apply for tax residency.
Of course, you may not be able or interested in spending half a calendar year in Georgia. Fortunately, the government has created a special regime for those designated as “high net-worth individuals.”
Someone is considered to be high net-worth if:
There are a few other conditions that must be met:
The applicant must have either a Georgian residency permit or Georgian nationality … OR, the applicant must verify receiving at least GEL25,000 (just over €6,000) of Georgian source income during a single year.