Why Georgia Works for Biotech / Life Sciences
Corporate tax efficiency (100/100) is one of Georgia's strongest dimensions for Biotech / Life Sciences founders. Key features include a 15% statutory corporate tax rate, a territorial tax system that exempts foreign-sourced income, viable holding company structures for profit extraction. With 56 active tax treaties, cross-border payment withholding tax is manageable for internationally structured businesses.
Remote infrastructure (100/100) supports distributed Biotech / Life Sciences teams based in Georgia. Average internet speeds reach 45 Mbps. Coworking space averages $100/month. Permanent establishment risk is low for founders operating through foreign entities. For Biotech / Life Sciences companies with globally distributed engineering or operations teams, connectivity and legal clarity for remote work are practical prerequisites.
Family viability (90/100) is a genuine strength for Georgia - important for Biotech / Life Sciences founders relocating with a partner or children. The cost of living index is 38 (NYC = 100), with a comfortable family monthly budget of $3K. Safety scores 72/100. International schools are available, and healthcare quality scores 58/100 with private insurance running approximately $150/month.