The Tax Code of Georgia establishes territorial taxation as the primary legal framework — not as a temporary incentive scheme awaiting repeal, not as a concession requiring renewal, but as the codified default position for all residents. A qualifying Georgian tax resident pays zero personal income tax on all income sourced outside Georgia from the first day of residency. The law requires no special status, no minimum annual spend, and no application beyond the residency itself. It has remained structurally unchanged since Georgian independence.

TBC Bank (TBCG.L) and Bank of Georgia (BGEO.L) are listed on the London Stock Exchange, Basel III compliant, and audited by Big Four firms. They operate full SWIFT correspondent relationships with major European and US clearing banks and offer English-language private banking. In 30+ years of Georgian independence — through the 2008 war, the 2014 Russian sanctions crisis, the 2020 COVID shock, and the current political uncertainty — neither bank has restricted client capital movements. No capital controls have ever been imposed. This is a 30-year empirical record, not an assurance.

Georgia has 58 double tax treaties in force covering every EU member state, the United Kingdom, UAE, Qatar, Bahrain, Kuwait, Singapore, Japan, India, China, Hong Kong, South Korea, and the full CIS. The EU-Georgia Deep and Comprehensive Free Trade Agreement was signed in 2014. The OECD Multilateral Instrument (BEPS) was ratified in 2019. Georgia has never appeared on the EU, OECD, or FATF blacklists or grey lists. Georgian tax residency certificates are treaty-recognised in all 58 partner jurisdictions — meaning a client's home-country tax authority will accept the Georgian residency position.

The current Georgian government has paused EU accession talks — a geopolitical decision with real consequences that Aurum does not minimise. What it has not done, and what no Georgian government has done in 30+ years of independence, is impose capital controls, alter the territorial tax code, or interfere with the operations of TBC Bank or Bank of Georgia. Both institutions operated through the 2008 Russian-Georgian war, the 2014 Russian sanctions crisis, and COVID without restriction. The tax law is codified statute, legally independent of the government's geopolitical direction. Aurum structures client assets in SPV-isolated vehicles and LSE-listed institutions — not in Georgian sovereign credit. The risk is real, bounded, and manageable. It is not ignored here.