๐Ÿ‡ฌ๐Ÿ‡ช Georgia vs ๐Ÿ‡น๐Ÿ‡ญ Thailand

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ช Georgia๐Ÿ‡น๐Ÿ‡ญ Thailand
Tax SystemTerritorialTerritorial (changing)
Income Tax (Foreign)0% (foreign income)0-35% (local income)
Capital Gains Tax0% (foreign assets)0% (foreign, if not remitted)
Corporate Tax15%20%
Residency RequirementRemotely from Georgia programLTR Visa ($80k/year income)
Minimum StayNone required180 days for tax residency
Cost of LivingVery Low ($1,000-1,800/mo)Low ($1,200-2,500/mo)

๐Ÿ‡ฌ๐Ÿ‡ช Georgia

Highlights

  • โœ…Zero tax on foreign income
  • โœ…Easy residency for remote workers
  • โœ…Low cost of living
  • โœ…Wine and culture
  • โœ…Safe country

Considerations

  • โš ๏ธNot EU/Schengen
  • โš ๏ธLimited banking options
  • โš ๏ธSmall market size

Best For

  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คFreelancers
  • ๐Ÿ‘คBudget-conscious

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

Which Should You Choose?

Choose Georgia if: You prioritize zero tax on foreign income and easy residency for remote workers. Ideal for digital nomads, freelancers, budget-conscious.

Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.