The REVERA Private Clients team carried out a project to obtain tax residency in Georgia based on wealth for a citizen of the Republic of Belarus.
This was necessary to establish the country of tax residency, as the client had not been in Belarus for more than 183 days in the year. However, if a Belarusian citizen or a foreigner with residence status in Belarus is not a tax resident of any country, they are automatically considered a tax resident of Belarus.
Our lawyers analyzed the grounds for obtaining tax residency in Georgia based on wealth, gathered the necessary documents, and conducted negotiations with the tax authorities of both countries.
As a result, the Belarusian tax authority accepted the tax residency certificate from Georgia and, consequently, recognized the individual as a tax resident of a foreign country.