Georgia vs Panama: tax comparison for expats & nomads
A sourced head-to-head on Georgia and Panama: tax-residency rules, income tax rates, special regimes and nomad visas, side by side. Income tax only, not tax advice.
Effective income tax by income
An effective-rate comparison for this pair isn’t available yet (one country’s full bracket table is still being verified). The sourced fact comparison below still applies — and the interactive tool covers every modelled country.
Georgia vs Panama, side by side
| Georgia | Panama | |
|---|---|---|
| Top income tax rate | 20%ⓘPwC Worldwide Tax Summaries“Personal income is subject to a flat tax rate of 20%.”View source · accessed 2026-08-09 | 25%ⓘPwC Worldwide Tax Summaries“Over 50,000 | Tax on column 1 (USD): 5,850 | Tax on excess (%): 25”View source · accessed 2026-09-18 |
| Tax-residency day threshold | 183 daysⓘPwC Worldwide Tax Summaries“located in Georgia for 183 days or more in any continuous 12-month period ending in the current tax year”View source · accessed 2026-08-09 | 183 daysⓘPwC Worldwide Tax Summaries“A resident is a person who is physically located and has been generating income in Panama for more than 183 days during the year.”View source · accessed 2026-09-18 |
| Signature tax regime | Small-business 1%: 1%ⓘPwC Worldwide Tax Summaries“Individual entrepreneurs with annual turnover of less than GEL 500,000 may register as a small business and pay 1% tax on their turnover.”View source · accessed 2026-08-09 | NoneⓘPwC Worldwide Tax Summaries“There are no inheritance, estate, or gift taxes in Panama.”View source · accessed 2026-09-18 |
| Digital nomad visa | — | Yes — Visa de Corta Estancia como Trabajador Remoto (Short Stay Visa for Remote Workers)ⓘServicio Nacional de Migración de Panamá“Decreto Ejecutivo No. 198 / Que crea la Visa de Corta Estancia como Trabajador Remoto, y se dictan otras disposiciones.”View source · accessed 2026-09-18 |
| Nomad-visa income requirement | USD 2,000 / monthⓘCitizen Remote“$2,000 USD per month (or around 5,400 GEL) in stable foreign income, or total savings of at least $24,000 USD”View source · accessed 2026-08-09 | [source]Galindo, Arias & López“un monto anual no menor a US$36,000.00 (US$3,000.00 mensuales), o su equivalente en moneda extranjera”View source · accessed 2026-09-18 |
Every figure links to its source and verification date. Full guides: Georgia · Panama.
Frequently asked questions
Is Georgia or Panama better for tax?
It depends on your income, residency status and which special regime you qualify for. Compare the residency rules, rates and regimes side by side below, and use the interactive tool for your own income.
Which has the lower tax-residency threshold, Georgia or Panama?
Georgia treats you as tax resident after 183 days, and Panama after 183 days. But ties like a home, family or economic centre can trigger residency on fewer days — never rely on a day count alone.
Does Georgia or Panama have a digital nomad visa?
Georgia's nomad-visa position isn't recorded here; Panama has a dedicated nomad/remote-work visa. See the "Digital nomad visa" row below for the sourced detail.