๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฌ๐Ÿ‡ช Georgia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ฌ๐Ÿ‡ช Georgia
Tax SystemTerritorial (changing)Territorial
Income Tax (Foreign)0-35% (local income)0% (foreign income)
Capital Gains Tax0% (foreign, if not remitted)0% (foreign assets)
Corporate Tax20%15%
Residency RequirementLTR Visa ($80k/year income)Remotely from Georgia program
Minimum Stay180 days for tax residencyNone required
Cost of LivingLow ($1,200-2,500/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

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 Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, 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.