7. Georgia

The current government of Georgia has a keen interest in growing the business
sector and has reduced the amount of tax payable from 21 to 5 and the rates keep
decreasing. If you are a resident of Georgia, your income from other countries is not
taxed but you have to prove it is not from within. If you open a business in Georgia,
you are eligible for a 360- day tourist visa. Buy a real estate property and you get the
same privilege.
To qualify for a permanent (investor) residence permit you will need to invest at least
$300,000 in the Georgian economy – real estate or business. The permit is initially
issued for a period of 5 years, after which it becomes permanent, provided that you
have maintained your investment throughout this period.

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8. Portugal

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