High Net Worth Program to Obtain Tax Residency in Georgia, Tbilisi
High Net Worth Program to Obtain Tax Residency in Georgia, Tbilisi
Are you a High Net Worth Individual (HNWI)? Are you looking to establish a personal tax residency in Georgia? Look no further! TbilisiVirtualOffice.com is here to assist you every step of the way. We specialize in helping clients who qualifgy as a high net-worth individuals to obtain personal tax residence in Georgia and can also assist with the preparation of your application to the relevant authorities.
Georgia offers two options for obtaining tax residency, according to the current regulations. To be eligible, a high net-worth individuals (including citizens of Georgia, citizens of foreign countries, and stateless persons) must meet one of the following conditions:
Variant 1
- The individual's proven property exceeds 3 million GEL.
- The individual's annual income during the last three years (tax year or calendar year) before submitting the application exceeds 200,000 GEL.
- The individual owns property worth at least 500,000 USD (or equivalent in GEL) in Georgia.
- The individual possesses a residence permit, residence certificate, or identity card of a Georgian citizen.
Variant 2
- The individual's proven property exceeds 3 million GEL.
- The individual's annual income during the last three years (tax year or calendar year) before submitting the application exceeds 200,000 GEL.
- The individual owns property worth at least 500,000 USD (or equivalent in GEL) in Georgia.
- The individual received at least 25,000 GEL of income from sources in Georgia in the last tax year or calendar year prior to submitting the application.
It is important to note that both the property and income mentioned above should be located within the territory of Georgia.
At TbilisiVirtualOffice.com, we understand the complexities involved in the residency application process for a high net-worth individuals. Our team of experienced professionals is well-versed in the requirements and procedures set forth by the Revenue Service. We will guide you through the entire process, ensuring that your application is accurately prepared and submitted in a timely manner.
Our services to obtain a high net-worth individuals tax residence in Georgia, Tbilisi include:
Consultation
We will assess your specific situation and provide personalized guidance on the best course of action for obtaining personal tax residence in Georgia.
Document Preparation
Our experts and accountants will assist you in gathering and organizing the necessary documents for your residency application.
Application Submission
We will handle the submission of your application to the Revenue Service, ensuring that all requirements are met and that the process runs smoothly.
Ongoing Support
We are here to answer any questions or concerns you may have throughout the application process and beyond.
By choosing TbilisiVirtualOffice.com, you can rest assured that you have a dedicated team working diligently to help you as a high net-worth individuals achieve your goal of obtaining personal tax residence in Georgia. Our commitment to excellence and attention to detail sets us apart, and we strive to make the process as seamless as possible for our clients.
Our fees
A high net-worth application and support - 1200 EUR / one time fee
Legal translation of documents - upon request
Take the first step towards your personal tax residence as a high net-worth individual (HNWI) in Georgia, Tbilisi by contacting us at TbilisiVirtualOffice.com. Let us handle the complexities while you focus on enjoying the benefits of living and conducting business in this beautiful country.
