Georgia is becoming a very attractive destination to both live
and do business in. The low cost of living and the relatively
simple process for obtaining a residence, coupled with its status
as an entrepreneur-friendly country with reduced tax burden make it
one of the prime corruption-free investment destinations with low
business costs.
In addition to the simplicity of obtaining a residence permit,
the attractive conditions for setting up a business and its
subsequent management, Georgia continues to explore novel concepts
in today's globalized international business scene.
On 3 October 2018, the Georgian Government announced a proposal
to introduce e-residency; a concept which would provide
non-residents with the possibility to register companies and open
bank accounts in Georgia without staying in the country.
