Georgia is rapidly becoming an attractive destination for investors, business owners, digital nomads, and families seeking a stable, tax-friendly, and business-oriented environment. With simplified immigration policies, a low cost of living, and a strategic location, obtaining a Georgian residence permit offers numerous advantages.
Below, we highlight the top 10 reasons why securing a Georgian residence permit could be the right move for you.
1. Favorable Tax System: The Only Territorial Tax Regime in Europe
Georgia operates under a territorial tax system. This means that residents are only taxed on income earned within Georgia. Foreign-earned income—including dividends, rental income, and capital gains—is not subject to taxation.
Key tax highlights:
- Corporate income tax: 15% (only on distributed profits)
- Personal income tax: 20% flat rate (only on local income)
- Dividend tax: 5%
- No wealth, inheritance, or capital gains tax on foreign income
This tax regime makes Georgia an ideal location for business owners and freelancers looking to optimize their global tax exposure legally, while promoting long-term growth and financial efficiency.
Contact Nomos Law Firm for tailored tax residency advice.
2. Low Cost of Living
Compared to major European cities, Georgia offers an exceptionally affordable cost of living. Despite this, the quality of life remains high. Housing, dining, transportation, and healthcare are significantly more accessible, allowing residents to enjoy a high standard of living on a modest budget.
Learn more about relocating to Georgia with Nomos.
3. Streamlined Business Environment
Georgia consistently ranks among the top countries in the World Bank’s Ease of Doing Business Index. The country’s business ecosystem is designed to attract entrepreneurs and foreign investment.
Business advantages include:
- Company registration completed in one day
- Minimal bureaucratic barriers
- Tax incentives for small businesses
- Free trade agreements with the EU, China, Turkey, and others
Establishing and operating a business in Georgia is efficient and low-cost, offering long-term growth opportunities in a stable environment.
Start your company in Georgia with Nomos Law Firm.
4. Strategic Geographic Location and International Connectivity
Georgia’s location between Europe, Asia, and the Middle East positions it as a regional hub for trade and travel. It offers direct market access through extensive trade links and agreements.
The country is also well-connected via international airports in Tbilisi, Batumi, and Kutaisi, with direct flights to global cities such as London, Istanbul, Paris, Tel Aviv, and Dubai.
5. Residency Through Real Estate Investment
Georgia offers two clear paths to residency through real estate:
- Temporary Residency with a $100,000 property investment
- 5-Year Residency with a $300,000 investment
Georgia’s property market remains affordable, with high rental yield potential. This makes it an appealing option for both personal use and portfolio growth.
6. Immigration-Friendly Residency Options
Georgia’s immigration framework is highly flexible and inclusive.
Residency options include:
- Standard residency for property owners, employees, and entrepreneurs
- Special Tax Residency for High-Net-Worth Individuals
- Long-term visa-free stays: Citizens of over 100 countries can live and work in Georgia for up to one year without a visa
7. Safety and High Quality of Life
Georgia is one of the safest countries in Europe, with low crime rates and a high level of personal security. Foreign residents consistently report feeling welcome and integrated into local communities.
8. Excellent Banking and Financial Services
Georgia offers a transparent and efficient banking system that supports international clients with ease.
Key features include:
- A stable and growing financial sector
- No restrictions on foreign currency exchange
- Simple account opening procedures for non-residents
- Access to international financial services and investment platforms
Get help opening your bank account in Georgia.
9. Family-Friendly Environment and International Education
Georgia is a welcoming and supportive environment for families. The country offers affordable and high-quality healthcare services and childcare support.
Additionally, there are numerous international schools in Tbilisi and Batumi offering globally recognized curriculums such as IB and European systems.
Contact us to relocate with your family.
10. Rich Culture, Cuisine, and Natural Beauty
Georgia offers a unique blend of modern living and ancient heritage. Residents enjoy:
- Diverse landscapes from the Caucasus Mountains to the Black Sea
- Renowned cuisine like khinkali and khachapuri
- A deep-rooted winemaking tradition spanning over 8,000 years
- A strong community culture and warm hospitality
Explore the unique lifestyle Georgia has to offer.
Why You Should Get a Georgian Residence Permit
Obtaining a Georgian residence permit is a strategic decision for those seeking tax efficiency, business growth, or lifestyle improvement. Whether you’re an entrepreneur, investor, or relocating family, Georgia offers unmatched advantages in a globally competitive environment.
Ready to secure your future in Georgia?
Nomos Law Firm offers full-service legal support for obtaining residency, opening businesses, investing in property, and managing your taxes compliantly.