๐ฌ๐ช Georgia vs ๐น๐จ Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ฌ๐ช Georgia | ๐น๐จ Turks and Caicos |
|---|---|---|
| Tax System | Territorial | Zero Tax |
| Income Tax (Foreign) | 0% (foreign income) | 0% |
| Capital Gains Tax | 0% (foreign assets) | 0% |
| Corporate Tax | 15% | 0% |
| Residency Requirement | Remotely from Georgia program | PRC ($300k property) |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($1,000-1,800/mo) | High ($4,000-7,000/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
๐น๐จ Turks and Caicos
Highlights
- โ Zero taxes
- โ Beautiful beaches
- โ British territory
- โ Close to USA
- โ Low crime
Considerations
- โ ๏ธExpensive
- โ ๏ธSmall population
- โ ๏ธHurricane risk
Best For
- ๐คBeach lovers
- ๐คUS-adjacent tax planning
- 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 Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.