Both are territorial tax countries popular with nomads. Georgia wins on accessibility and modern banking; Paraguay wins on the path to citizenship. The right choice depends on your income, lifestyle, and long-term goals.
Georgia and Paraguay are the two most popular territorial tax residency options for digital nomads and online entrepreneurs. Both tax only income earned within their borders. But they differ significantly on income requirements, quality of life, banking access, and passport strength.
No minimum income requirement for the Remotely from Georgia program. Flat 1% or 3% micro-business / small enterprise tax on qualifying business income. Strong banking and English-friendly environment in Tbilisi. Best for: early-career nomads or those with modest income.
Territorial tax: 0% on foreign-sourced income. Relatively simple residency process with an income or investment requirement. Affordable cost of living. Best for: nomads wanting a permanent residency with a path to a strong passport (Paraguay naturalises in 3 years).
We assess your income, lifestyle, and goals to identify whether Georgia or Paraguay is the better fit.
We prepare and support your residency application in the chosen country.
We assist with personal and business bank account opening in the chosen jurisdiction.
We help with annual requirements, address registration, and tax status maintenance.
Georgia has a territorial tax system for individuals. Foreign-sourced income is generally not subject to Georgian income tax. Georgia also has a Virtual Zone Entity regime for IT companies that exempts qualifying software income from Georgian corporate tax entirely. Consult a Georgian tax advisor for your specific situation.
Paraguay's temporary residency process typically takes 2-4 months from application to approval, often requiring a short visit to Asuncion for biometrics and document submission. Permanent residency follows after a period of temporary residency. Naturalisation (citizenship) is available after 3 years of residency, one of the fastest citizenship paths in the world.
Georgia has significantly better banking infrastructure for international nomads: TBC Bank, Bank of Georgia, and Liberty Bank all offer online account opening with English-language support and international transfers. Paraguay banking requires more in-person presence and has limited English support. For most nomads, Georgia is easier for banking.
No. Both Georgia and Paraguay residency are immigration statuses that do not require you to renounce your current citizenship. However, your home country's tax treatment of departing residents may have implications. Consult a tax advisor in your home country before relocating.
Fixed price, real-time tracking, and expert handling, from first document to final approval.
Apply for Georgia Residency