๐Ÿ‡บ๐Ÿ‡พ Uruguay vs ๐Ÿ‡ฌ๐Ÿ‡ช Georgia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡บ๐Ÿ‡พ Uruguay๐Ÿ‡ฌ๐Ÿ‡ช Georgia
Tax SystemTerritorial (with tax holiday)Territorial
Income Tax (Foreign)0% foreign (10 years)0% (foreign income)
Capital Gains Tax0% foreign (10 years)0% (foreign assets)
Corporate Tax25%15%
Residency Requirement$520k property OR income proofRemotely from Georgia program
Minimum Stay183 days to activateNone required
Cost of LivingModerate ($2,000-3,500/mo)Very Low ($1,000-1,800/mo)

๐Ÿ‡บ๐Ÿ‡พ Uruguay

Highlights

  • โœ…10-year tax holiday on foreign income
  • โœ…Stable banking system
  • โœ…High quality of life
  • โœ…Safe country
  • โœ…Good infrastructure

Considerations

  • โš ๏ธHigher residency requirements
  • โš ๏ธCold winters
  • โš ๏ธSmall market

Best For

  • ๐Ÿ‘คWealthy individuals
  • ๐Ÿ‘คArgentines
  • ๐Ÿ‘คQuality of life seekers

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 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.