๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฌ๐Ÿ‡ช Georgia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua๐Ÿ‡ฌ๐Ÿ‡ช Georgia
Tax SystemTerritorialTerritorial
Income Tax (Foreign)0% (foreign income)0% (foreign income)
Capital Gains Tax0% (foreign)0% (foreign assets)
Corporate Tax30%15%
Residency Requirement$750/mo income proofRemotely from Georgia program
Minimum StayNone requiredNone required
Cost of LivingVery Low ($600-1,200/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua

Highlights

  • โœ…Lowest cost in Americas
  • โœ…Beautiful beaches
  • โœ…Easy residency
  • โœ…Territorial taxation
  • โœ…Growing expat community

Considerations

  • โš ๏ธPolitical concerns
  • โš ๏ธBasic infrastructure
  • โš ๏ธLimited banking

Best For

  • ๐Ÿ‘คBudget nomads
  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คAdventurous types

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

Which Should You Choose?

Choose Nicaragua if: You prioritize lowest cost in americas and beautiful beaches. Ideal for budget nomads, beach lovers, adventurous types.

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.