For global entrepreneurs and affluent individuals, managing tax exposure legally is a top priority. Standard tax residency requires you to stay in Georgia for 183 days a year. However, Georgia has an exclusive fast-track for High-Net-Worth Individuals (HNWI). You can become a Georgian tax resident without spending 183 days in the country, if you meet specific wealth and local investment conditions.
Core Qualification Criteria
To apply for this exclusive status, an applicant must satisfy the following criteria:
• Global Wealth: Your personal worldwide assets must exceed 3,000,000 GEL (approx. $1,200,000 USD) OR your annual personal income must be over 200,000 GEL (approx. $75,000 USD) for each of the last three years.
• Local Property: You must own assets (such as real estate) within Georgia with a market value of at least $500,000 USD.
Supplemental Rules
Additionally, to complete the application, you must meet at least one of these two rules:
• Hold a valid Georgian residence permit, OR
• Demonstrate a Georgian-sourced income of more than 25,000 GEL in a single year.
Major Tax Advantages
Once approved, HNWI tax residents can leverage Georgia’s highly favorable fiscal framework:
• 0% Foreign Source Income Tax: Personal income generated outside of Georgia (such as global dividends, interest, or foreign capital gains) is entirely exempt from Georgian personal income tax.
• No Wealth or Inheritance Tax: Georgia does not levy taxes on global wealth accumulation, gifts, or inheritance.
• Double Taxation Treaties: Benefit from Georgia’s extensive network of over 56 Double Taxation Avoidance (DTA) agreements with countries worldwide.
Layout Your Groundwork with Legal Experts
By building your property portfolio through our law firm, you automatically lay the groundwork for both the local asset and residency permit requirements. This opens the door to legally applying for Georgia’s top tax benefits with absolute efficiency and compliance.
Optimize your global tax structure with absolute discretion. Schedule a private consultation with our senior tax advisors to assess your eligibility today.