🇵🇾 Paraguay vs 🇬🇪 Georgia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇾 Paraguay | 🇬🇪 Georgia |
|---|---|---|
| Tax System | Territorial | Territorial |
| Income Tax (Foreign) | 0% (foreign income) | 0% (foreign income) |
| Capital Gains Tax | 0% (foreign assets) | 0% (foreign assets) |
| Corporate Tax | 10% | 15% |
| Residency Requirement | $5,000 bank deposit | Remotely from Georgia program |
| Minimum Stay | None required | None required |
| Cost of Living | Very Low ($800-1,500/mo) | Very Low ($1,000-1,800/mo) |
🇵🇾 Paraguay
Highlights
- ✅Zero tax on foreign income
- ✅Easy permanent residency
- ✅No minimum stay requirement
- ✅Low cost of living
- ✅Path to citizenship in 3 years
Considerations
- ⚠️Limited international banking
- ⚠️Spanish language barrier
- ⚠️Developing infrastructure
Best For
- 👤Digital nomads
- 👤Remote workers
- 👤Crypto investors
- 👤Retirees
🇬🇪 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 Paraguay if: You prioritize zero tax on foreign income and easy permanent residency. Ideal for digital nomads, remote workers, crypto investors, retirees.
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.