Georgia
Ministry of Finance confirms individuals are exempt from all income tax on crypto profits. Crypto not considered 'Georgian sourced' income. Mining equipment imports are duty-free.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
CARF Status
Committed
Bitizenship
Not yet
CARF Reporting
Committed
Georgia has committed to implementing CARF but has not yet specified an exact timeline. When active, crypto service providers will be required to report user transactions to tax authorities.
Tax Rates
Activity Taxes
Staking
0% for individuals
Mining
0% for individuals; VAT exempt; duty-free equipment imports
DeFi
0% for individuals
NFTs
0% for individuals
Taxable Events
Crypto → Fiat
Not taxable
Crypto → Crypto
Not taxable
Holding Period
No holding period benefit
All individual gains tax-free regardless of holding period
Regulation & Residency
Regulatory Body
National Bank of Georgia (general oversight)
Residency Requirement
Easy residency; 1-year temporary residence with minimal requirements
Reporting Requirements
Minimal for individuals
Citizenship & Residency Path
Easy 1-year residency permit; citizenship after 5 years continuous residency
Resilience & Plan B
Jurisdictional Resilience
How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.
JRS
Institutions (25%), banking (20%), tax clarity (20%), business (15%), privacy (10%), geopolitical (10%). Full methodology →
Plan B Readiness
How fast you can go from “I want to move” to “I’m a tax resident with banking and optionality.”
PBR
Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →
Notable Conditions
- →Crypto classified as 'not Georgian sourced' = exempt from capital gains
- →Entities (LLCs) pay 15% corporate tax on crypto profits
- →Mining equipment imports are customs duty-free and VAT-free
- →Simple residency options for digital nomads
- →Very low cost of living
Living & Lifestyle
Cost of Living
Very Low
Banking Access
Moderate
Quality of Life
Moderate
Lifestyle Scores