Crypto tax in Georgia
Is cryptocurrency taxed in Georgia?
No, in Georgia, cryptocurrency is classified as exempt. Long-term gains from cryptocurrency are also exempt.
Common questions
- What is the headline tax rate for crypto in Georgia?
- Cryptocurrency is classified as exempt in Georgia, with a headline rate of 0%.
- Are there specific exemptions for long-term crypto holdings in Georgia?
- Yes, Georgia offers a long-term exempt status for cryptocurrency gains.
- What tax system does Georgia use?
- Georgia operates under a territorial tax system.
Georgia is crypto-friendly.
Treatment
not taxed
Long-term
Tax-free
Headline rate
0%
For an individual who becomes a Georgian tax resident, gains from buying, selling or exchanging cryptocurrency as a personal investment are not subject to Georgian income tax at all, regardless of how long you hold the assets.
“For individuals, Georgia’s tax legislation provides an important benefit. Personal income tax applies only to income sourced from Georgia. Since crypto assets have no physical form, are not tied to a specific location, and typically lack an identifiable issuer, transactions involving their exchange are considered to take place in virtual space. As a result, income derived by individuals from the supply or exchange of crypto assets does not qualify as Georgian-source income and is therefore not subject to personal income tax (0% tax rate) in Georgia.[2]” — Andersen Georgia summarizing Georgian tax law and Ministry of Finance guidance
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.