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Country vs country

Georgia vs Hungary

Side by side for a genuine tax resident, with €150,000 a year in dividends or foreign income.

GeorgiaHungary
Personal income0% abroad15%
Company tax1% / 15%9%
Minimum days183183
Cost of residencyCheapCheap
Tax on €150,000 a year€0€22,500
Monthly cost for one person, rent included€1,262€1,525
In the EUNoYes
Spanish blacklistNoNo
Crypto gainsRevenue Service treats individuals' crypto sale gains as foreign-source income, which is exempt for individuals.Flat 15% on net annual crypto gains, with no social contribution tax.
PensionForeign-source income of individuals is exempt, so a foreign pension is not taxed in Georgia.Pensions are tax-free in Hungary, including foreign pensions, subject to the applicable tax treaty.

Who wins

  • Less tax: Georgia
  • Cheaper to live in: Georgia
  • Fewer days required: Tie
  • Easier to settle in: Georgia

It depends on your case: your nationality, the country you leave and how you earn your money change the answer.

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