๐บ๐พ Uruguay vs ๐ฌ๐ช Georgia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐บ๐พ Uruguay | ๐ฌ๐ช Georgia |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Territorial |
| Income Tax (Foreign) | 0% foreign (10 years) | 0% (foreign income) |
| Capital Gains Tax | 0% foreign (10 years) | 0% (foreign assets) |
| Corporate Tax | 25% | 15% |
| Residency Requirement | $520k property OR income proof | Remotely from Georgia program |
| Minimum Stay | 183 days to activate | None required |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very Low ($1,000-1,800/mo) |
๐บ๐พ Uruguay
Highlights
- โ 10-year tax holiday on foreign income
- โ Stable banking system
- โ High quality of life
- โ Safe country
- โ Good infrastructure
Considerations
- โ ๏ธHigher residency requirements
- โ ๏ธCold winters
- โ ๏ธSmall market
Best For
- ๐คWealthy individuals
- ๐คArgentines
- ๐คQuality of life seekers
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 Uruguay if: You prioritize 10-year tax holiday on foreign income and stable banking system. Ideal for wealthy individuals, argentines, quality of life seekers.
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.