Cyprus
Georgia
Cyprus vs Georgia
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 35% | 20% |
| Corporate tax | 12.5% | 15% |
| Capital gains | 0% | 20% |
| VAT | 19% | 18% |
| Tax treaty with France | Yes | Yes |
| Special regime | Non-Dom (exonération dividendes et intérets) | Small Business Status (1 %) |
| Wealth tax | No | No |
| Territorial taxation | No | No |
Non-Dom (exonération dividendes et intérets)
Duration: 17 ans
Les résidents non-domiciliés à Chypre bénéficient d'une exonération totale sur les dividendes et les intérets pendant 17 ans. Combiné avec l'absence d'impot sur les plus-values (hors immobilier chypriote), c'est l'un des régimes les plus avantageux d'Europe.
Small Business Status (1 %)
Duration: Illimitée tant que le CA reste sous 500 000 GEL
Le régime Small Business permet aux micro-entrepreneurs réalisant moins de 500 000 GEL (environ 170 000 EUR) de chiffre d'affaires annuel de ne payer que 1 % d'impot sur leur CA. Ce régime est tres populaire parmi les freelances et indépendants étrangers installés en Géorgie.
Cost of living
| Monthly cost (single) | 1 100 € | 700 € |
| Monthly cost (couple) | 1 800 € | 1 100 € |
| City center rent | 850 € | 450 € |
| Outside city rent | 550 € | 250 € |
| Private health insurance | 70 € | 30 € |
| Public healthcare | Accessible | Accessible |
Estimated total monthly budget (single, with city center rent)
Georgia is approximately 800 € cheaper per month in total.
Quality of life
| Average temperature | 20°C | 13°C |
| Safety | 7/10 | 7/10 |
| Health index | 56/100 | 56/100 |
| Internet | 80 Mbps | 45 Mbps |
| Timezone vs Paris | +1h | +3h |
| French-speaking community | Small | Very small |
| Languages | Grec, Anglais, Turc | Géorgien, Russe, Anglais |
| Currency | Euro (EUR) | Lari (GEL) |
| Corruption index | 53/100 | 53/100 |
| Democracy index | 7.29/10 | 5.12/10 |
Settling in
| Residence permit delay | 2 months | 1 months |
| Company creation | 8 days | 2 days |
| Bank account | Easy | Easy |
| Political stability | 7.5/10 | 5.5/10 |
| Ease of business | 54th worldwide | 7th worldwide |
Summary
Cyprus
- Top IT: 35% | Corp. tax: 12.5%
- Cost of living: 1 100 €/mo
- Safety: 7/10 | Health: 56/100
- Regime: Non-Dom (exonération dividendes et intérets) (17 ans)
Georgia
- Top IT: 20% | Corp. tax: 15%
- Cost of living: 700 €/mo
- Safety: 7/10 | Health: 56/100
- Regime: Small Business Status (1 %) (Illimitée tant que le CA reste sous 500 000 GEL)
Comparative analysis: Cyprus vs Georgia
Which country has lower taxes?
In terms of taxation, Géorgie is generally more advantageous. The top marginal income tax rate is 20% compared to 35% in Chypre. Corporate tax stands at 15% versus 12.5%. Capital gains are taxed at 0% in Cyprus versus 20% in Georgia.
Which country is cheaper to live in?
The cost of living is lower in Géorgie. A single person spends about 700 EUR/month excluding rent, compared to 1 100 EUR/month in Chypre. City center rent averages 450 EUR versus 850 EUR.
Which country is safer?
Both countries have an identical safety score of 7/10.
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Disclaimer
The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.