๐น๐ญ Thailand vs ๐ฌ๐ช Georgia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐น๐ญ Thailand | ๐ฌ๐ช Georgia |
|---|---|---|
| Tax System | Territorial (changing) | Territorial |
| Income Tax (Foreign) | 0-35% (local income) | 0% (foreign income) |
| Capital Gains Tax | 0% (foreign, if not remitted) | 0% (foreign assets) |
| Corporate Tax | 20% | 15% |
| Residency Requirement | LTR Visa ($80k/year income) | Remotely from Georgia program |
| Minimum Stay | 180 days for tax residency | None required |
| Cost of Living | Low ($1,200-2,500/mo) | Very Low ($1,000-1,800/mo) |
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
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
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.