Open-vocabulary semantic segmentation has become an important direction in remote sensing, as it enables recognition beyond predefined land-cover categories. However, existing methods mainly depend on passive visual-text matching and often struggle with semantic ambiguity in geographically complex scenes, especially when different classes exhibit similar spectral or structural patterns. To address this issue, we propose a Geospatial Reasoning Chain-of-Thought (GR-CoT) framework for remote sensing open-vocabulary semantic segmentation. GR-CoT consists of an offline knowledge distillation stream and an online instance reasoning stream. The former constructs category interpretation standards for confusing classes, while the latter performs macro-scenario anchoring, visual feature decoupling, and knowledge-driven decision synthesis to generate an image-adaptive vocabulary for downstream segmentation. Experiments on the LoveDA and GID5 benchmarks indicate that the proposed framework improves overall segmentation performance and yields more semantically coherent predictions in complex scenes.