Georgia, Paraguay, Panama: Visa Options & Startup Funding Compared

Side-by-side breakdown of visa options, startup funding, remote work, and 6 more dimensions for founders choosing where to incorporate in 2026.

Select Countries

SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
3 selectedClear all
🇵🇾Paraguay
69
Territorial
🇵🇦Panama
76
Territorial
🇬🇪Georgia
68
Small Business Status / Virtual Zone IT Company

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison1
🇵🇾ParaguayTerritorial10%
🇵🇦PanamaTerritorial25%
🇬🇪GeorgiaSmall Business Status / Virtual Zone IT Company20%
Special tax regime available in one jurisdictionNote

Georgia (Small Business Status / Virtual Zone IT Company) offers a qualifying program that may exempt foreign-source income from local tax. This can significantly reduce your effective rate compared to the standard regime.

Not tax advice. Tax laws change frequently. Verify with a qualified professional before making residency decisions.

Field-by-Field Breakdown

Green = best value per row
Metric
🇵🇾Paraguay69
🇵🇦Panama76
🇬🇪Georgia68
Dimension Scores
Corporate Tax
100
100
100
Funding
40
60
70
Visa
50
90
50
Residency
66
73
58
Tax Res.
80
80
75
Practical
76
81
86
Remote Work
69
88
80
Family
80
80
90
Ecosystem
40
40
40
Corporate Tax Details
Corporate Tax Rate10%25%15%
Capital Gains Tax10%10%15%
Tax Treaties141756
Territorial SystemYesYesYes
Funding Details
Active VCs51214
Government GrantsNoYesYes
EU Funding EligibleNoNoNo
Visa Details
Has Startup VisaNoYesNo
Processing Time6030-
Min Investment$70K$200K-
E-ResidencyNoNoNo
Digital Nomad VisaNoYesYes
Residency Details
Visa Programs Available233
Citizenship Timeline3510
Dual CitizenshipYesYesNo
Immigration Score989
Tax Res. Details
Tax Residency Days120183183
Personal Tax Top Rate102520
Territorial TaxationYesYesNo
Special Tax RegimeNoNoYes
Exit TaxNoNoNo
Practical Details
Banking Difficultydifficultmoderateeasy
100% Foreign OwnershipYesYesYes
Company Formation751
Virtual Office OKYesYesYes
Remote Work Details
Nomad VisaNoYesNo
Tourist Worktoleratedtoleratedlegal
Tourist Visa Days90180365
PE Risk Levellowlowlow
Days Before Tax Res.120183183
Internet Speed305045
Coworking/mo$80$200$100
Family Details
Safety Index525572
Int'l SchoolsYesYesYes
Homeschoolinglegallegallegal
Healthcare Quality526858
Cost of Living356538
Ecosystem Details
Unicorns000
English Business EnvNoNoNo
Talent Pool Quality384852

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