Eurasia & Balkans · South Caucasus

Georgia

A genuinely territorial tax system, a one-year visa-free stay for roughly 95 nationalities, and a tax-residency status you can hold without setting foot in the country — offset by a citizenship regime that will almost certainly never give you a passport.

Last verified July 2026120 visa-free destinations

Tax position

Income tax (top): 20% flat
Capital gains: 5% on sale of a vehicle or of an apartment/house with attached land; other Georgian-source gains at 20%; foreign-source gains exempt for residents
Wealth tax: none
Inheritance tax: none
Special regime: Small Business Status (1% of turnover to GEL 500k); Micro Business Status (0% to GEL 30k); HNWI tax residency without 183 days; Estonian-model corporate tax (15% only on distributed profit); Virtual Zone and International Company regimes for IT
Territorial: Yes — foreign-source income generally outside scope
CFC rules: No
Exit tax: No
CRS: Participating