Georgia has positioned itself as an appealing destination for globally mobile individuals by offering a specific route to tax residency for High-Net-Worth Individuals (HNWIs). This program allows qualifying individuals to obtain Georgian tax residency without meeting the standard physical presence requirement, making it an attractive option
The National Bank of Georgia (“NBG”) has introduced significant changes to the regulatory framework applicable to Virtual Asset Service Providers (“VASP”). The amendments expand the scope of regulatory supervision beyond anti-money laundering and counter-terrorist financing requirements and introduce additional requirements relating to registration, risk management, regulatory
Georgia has become one of the more attractive jurisdictions for crypto investors due to its favorable tax treatment of cryptocurrency transactions. Under Georgian tax rules, the tax treatment depends on the type of crypto-related activity and whether the income is considered Georgian-source income. Key Takeaways Gains
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