Freedom Score
Emigrating from Australia to Georgia: tax and cost of living
How does Georgia score against Australia? The Freedom Score weighs six dimensions, built on primary government sources.
Small Business 1% revenue · Digital nomad visa
Tax
100/100
Residency
87/100
Cost of living
100/100
Living environment
65/100
Mobility
93/100
Ownership
85/100
Compared by dimension
On an average Australia income of €64,800 gross per year, you keep €64,152 net in Georgia: a difference of €14,308 per year compared with Australia.
- Tax: on this income Georgia lands at an effective rate of about 1%, against 23% in Australia.
- Passport and mobility: from Georgia you travel visa-free to 57 countries.
- Residency: on our accessibility scale Georgia scores 87 out of 100 for obtaining residency.
- Living environment: banking, internet, safety and healthcare together give Georgia a living-environment score of 65 out of 100.
The tax regime in Georgia
Georgia applies a flat 20% personal income tax. Small business owners below GEL 500,000 turnover may elect the 1% Small Business regime. IT companies in the Virtual Zone pay 0% on foreign-source income.
Residency and visas in Georgia
EU/US/NL nationals may stay up to 365 days per year visa-free. A temporary residence permit is obtainable via the Revenue Service (RS). Permanent residency is available after 6 years of legal stay.
- Temporary Residence Permit - Property Ownership · €92,000 · 6 years to permanent residency
- Temporary Residence Permit - Employment · 6 years to permanent residency
- Small Business / Individual Entrepreneur Registration · 6 years to permanent residency
- Virtual Zone Company Residence · 6 years to permanent residency
Frequently asked questions
- What is the financial difference between Australia and Georgia?
- On an average Australia income it differs by roughly €14,308 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
- Is this tax advice?
- No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
- What sources is this based on?
- The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Figures from primary government sources. Information, not advice.