๐ฌ๐ช Georgia vs ๐น๐ญ Thailand
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฌ๐ช Georgia | ๐น๐ญ Thailand |
|---|---|---|
| Tax System | Territorial | Territorial (changing) |
| Income Tax (Foreign) | 0% (foreign income) | 0-35% (local income) |
| Capital Gains Tax | 0% (foreign assets) | 0% (foreign, if not remitted) |
| Corporate Tax | 15% | 20% |
| Residency Requirement | Remotely from Georgia program | LTR Visa ($80k/year income) |
| Minimum Stay | None required | 180 days for tax residency |
| Cost of Living | Very Low ($1,000-1,800/mo) | Low ($1,200-2,500/mo) |
๐ฌ๐ช Georgia
Highlights
- โ Zero tax on foreign income
- โ Easy residency for remote workers
- โ Low cost of living
- โ Wine and culture
- โ Safe country
Considerations
- โ ๏ธNot EU/Schengen
- โ ๏ธLimited banking options
- โ ๏ธSmall market size
Best For
- ๐คDigital nomads
- ๐คFreelancers
- ๐คBudget-conscious
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
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.