Country vs country
Georgia vs
Paraguay
Side by side for a genuine tax resident, with €150,000 a year in dividends or foreign income.
| Georgia | Paraguay | |
|---|---|---|
| Personal income | 0% abroad | 0% abroad |
| Company tax | 1% / 15% | 10% |
| Minimum days | 183 | 183 |
| Cost of residency | Cheap | Cheap |
| Tax on €150,000 a year | €0 | €0 |
| Monthly cost for one person, rent included | €1,262 | €1,125 |
| In the EU | No | No |
| Spanish blacklist | No | No |
| Crypto gains | Revenue Service treats individuals' crypto sale gains as foreign-source income, which is exempt for individuals. | Territorial: gains on foreign exchanges treated as foreign-source and outside IRP. No specific crypto law; local-source capital gains taxed 8%. |
| Pension | Foreign-source income of individuals is exempt, so a foreign pension is not taxed in Georgia. | Territorial system: only Paraguayan-source income is taxed, so a foreign pension is not taxed. |
Who wins
- Less tax: Tie
- Cheaper to live in: Paraguay
- Fewer days required: Tie
- Easier to settle in: Tie
It depends on your case: your nationality, the country you leave and how you earn your money change the answer.