Very affordable costs (CPI: 33.3). Groceries (33.0) and restaurants (37.6) are very affordable compared to major European cities.

Property prices average 12.1 years of household income, indicating an expensive market. Rental market (index: 11.1) is very affordable.

A purchasing power index of 48.8 indicates low buying power compared to NYC.

Georgia has a flat personal income tax rate, currently 5.39% (projected to decrease to 4.99% by 2029). The standard VAT is 18%. Property tax is income-based (0.05%-1% of market value), with exemptions for lower incomes. Rental income for residential properties is taxed at 5% for registered landlords.

Georgia ranks in the top three globally in the World Bank's Business Ready 2024 index. The country offers a pro-business environment with government support and tax incentives for startups, despite challenges in capital access.

Georgia offers a Universal Health Coverage program for citizens and permanent residents, though most expats often rely on private healthcare due to limited public coverage. A mandatory pension system is in place for citizens and permanent residents, with contributions from employees, employers, and the state. Foreign nationals without permanent residency are not required to participate in the pension scheme.

Deposits are insured by the Deposit Insurance Agency up to GEL 50,000 (approximately USD 18,650) per depositor per bank, effective April 1, 2026. The banking sector is stable and profitable, with low non-performing loans. The National Bank of Georgia provides strong oversight and maintains capital adequacy requirements.