🇲🇨 Monaco vs 🇬🇪 Georgia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇬🇪 Georgia |
|---|---|---|
| Tax System | Zero Tax | Territorial |
| Income Tax (Foreign) | 0% | 0% (foreign income) |
| Capital Gains Tax | 0% | 0% (foreign assets) |
| Corporate Tax | 25% (non-Monaco revenue) | 15% |
| Residency Requirement | €500k+ deposit | Remotely from Georgia program |
| Minimum Stay | None | None required |
| Cost of Living | Very High ($8,000+/mo) | Very Low ($1,000-1,800/mo) |
🇲🇨 Monaco
Highlights
- ✅Zero personal income tax
- ✅Ultra-safe
- ✅Mediterranean climate
- ✅Prestigious address
- ✅EU border access
Considerations
- ⚠️Extremely expensive
- ⚠️Tiny country
- ⚠️Hard to get residency
Best For
- 👤Ultra-high-net-worth
- 👤F1 enthusiasts
- 👤Yacht owners
🇬🇪 Georgia
Highlights
- ✅Zero tax on foreign income
- ✅Easy residency for remote workers
- ✅Low cost of living
- ✅Wine and culture
- ✅Safe country
Considerations
- ⚠️Not EU/Schengen
- ⚠️Limited banking options
- ⚠️Small market size
Best For
- 👤Digital nomads
- 👤Freelancers
- 👤Budget-conscious
Which Should You Choose?
Choose Monaco if: You prioritize zero personal income tax and ultra-safe. Ideal for ultra-high-net-worth, f1 enthusiasts, yacht owners.
Choose Georgia if: You prioritize zero tax on foreign income and easy residency for remote workers. Ideal for digital nomads, freelancers, budget-conscious.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.