Looking for a tax-friendly jurisdiction with a simple and efficient residency process? Georgia offers a unique tax residency by high-net-worth status, making it an attractive destination for international entrepreneurs, investors, and digital nomads.

Requirements

To qualify for tax residency under the High Net Worth Individual (HNWI) program, you must meet one of the following criteria:
1. Personal worldwide income of at least 200,000 GEL (approx. $75,000) per year in the past three years.
2. Assets worth at least 3,000,000 GEL (approx. $1.1M) anywhere in the world.

Key Benefits:

1. Low Taxes – Georgia offers a flat 20% personal income tax and 0% tax on foreign-source income (if structured correctly).
2. No CFC Rules – No Controlled Foreign Corporation (CFC) regulations, allowing you to manage international businesses efficiently.
3. Fast & Simple Process – Residency applications are processed within one to two months.
4. No Physical Stay Requirement – You can qualify without spending 183+ days in Georgia.
5. Banking & Business Freedom – Easy access to international banking and company registration.
6. Visa-Free Access – Georgian residency allows extended stays without visa concerns.

Who Should Consider Georgian Tax Residency?

1. Entrepreneurs with international business operations
2. High-net-worth individuals looking for a low-tax jurisdiction
3. Crypto investors and traders seeking favorable tax treatment
4. Remote workers and digital nomads in need of a stable residency option

With a pro-business environment, no wealth tax, and a growing economy, Georgia is a hidden gem for global tax planning.