LinkedInJune 8, 2026
Singapore's GDP per capita is nearly 10 times Georgia's. On the jurisdiction index I maintain, the two sit 0.0005 points apart.
Same tier. Wildly different countries.
Here is what pulls a small post-Soviet republic up to a Singapore-grade score.
- 1% personal tax on business turnover up to 500,000 GEL, roughly 185,000 USD, for registered sole entrepreneurs. The standard rate is 20%.
- A territorial system. Resident individuals are not taxed on foreign-source income. No wealth tax. No inheritance tax.
- 365 days visa-free for citizens of more than 90 countries, including the US, UK, EU, Canada and Australia. No advance visa, only proof of health and accident insurance for the stay, required since January 2026.
- Tax residency reachable by high-net-worth applicants without the usual 183-day presence rule.
The catch the agencies skip: a work permit regime landed on 1 March 2026, though April amendments carve out purely remote work billed to clients outside Georgia. And 183 days on the ground makes you a tax resident. Visa-free is not tax-free.
And the index prices the real cost. Georgia scores 5.4 / 10 on geopolitical stability against 8.8 / 10 for Singapore. Around 20% of its internationally recognised territory has been under Russian occupation since 2008.
So the money cost of getting in stays low. The standing cost is geopolitical, and it never shows up on a tax table.
If you were choosing a second base purely on after-tax yield, how many points of geopolitical risk would you trade for a 1% turnover regime?
Sourced from GeoCompass, the jurisdiction intelligence layer behind Lucky Nomads.
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