Georgia Residency Program
by Real Estate Investment
GEORGIA, CROSSROAD OF EUROPE and ASIA
General Information
- Population3.7 million
- GDP (Per Capital)$5,000 USD
- GDP (Purchasing Power Parity)$58.74 billion USD
- Visa-free countries116
- LocationIntersection of Eastern Europe and Western Asia
- CapitalTbilisi
- Time ZoneUTC+4
- Total Area69,700 sq. km
- Age Demographics0-14: 20%, 15-24: 12%, 25-54: 42%, 55-64: 13%, 65+: 13%
- LanguageGeorgian (official), Most of the Population are fluent: English, Russia
- ReligionsOrthodox Christian, 80.4% of the population, Muslim: 12.7%, Armenian Apostolic: 1.9%, Catholic: 0.5%, Other faiths: 2.5%,
- Government TypeUnitary semi-presidential republic
- CurrencyGeorgian Lari (GEL)
- Exchange Rate1 USD = 2.75 GEL
AFFORDABILITY and ATTRACTIVNESS
Invest in Georgia’s thriving real estate market and secure a temporary or permanent residency, tailored to your investment needs. With a investments in property (commercial or residential), you can quickly access residency and enjoy an array of benefits in a strategically positioned, business-friendly nation.
- -1-Residency permit for 1 Year
- Investment from $100,000 grants you a renewable temporary residency (valid for 1 year, renewable annually).
- No minimum stay requirement, ideal for investors seeking flexibility.
- Access to Georgia’s healthcare, education, and banking systems.
- -2-Residency permit for 5 years
- Long term Residency is granted with a $300,000 real estate investment, providing long-term stability and security.
- Eligible for citizenship after 10 years.
- -3-Lifelong Residence Permit
- A lifelong residence permit is granted to an investor after they have continuously maintained an investment of $300,000 in Georgia for at least 5 years.
- Eligible for citizenship after 10 years.
Why Invest in Georgia?
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Strategic location: Gateway between Europe and Asia, offering easy access to both markets. - Booming real estate market: High ROI, property appreciation, and low acquisition costs compared to other countries.
- Ease of Property Registration: Georgia ranks 5th globally in property registration efficiency (World Bank), ensuring a fast and straightforward process for investors.
- Tax benefits: Only 5-10% tax on rental income.
- Georgia is 9th in the world by lowest level of taxes.
- Pro-business environment: Ranked 7th globally for ease of doing business (World Bank).
- Strong Investor Protections: Georgia ranks 2nd globally for protecting minority investors (World Bank), ensuring a secure investment environment and promoting shareholder rights.
- After obtaining Georgian citizenship through a residency permit, you can enjoy visa-free or visa-on-arrival access to 98 countries, including the Schengen Area, enhancing global mobility and business opportunities)
- Fast processing: Residency granted within 1 months for qualified applicants
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Additional Benefits - Low cost of living: Ideal for families, retirees, or remote workers.
- Safe and modern lifestyle: Vibrant cities, stunning landscapes, and a warm hospitality culture.
- Real estate diversity: Choose from beachfront properties in Batumi, amazing views from the hills, luxury apartments next to Botanical Gardens, or scenic countryside estates.
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Whether you’re looking for a second home, a secure investment, or an entry point to the European and Asian markets, Georgia offers an unmatched opportunity for residency and future citizenship.
PROCEDURES!
According to Georgian legislation, having invested in property, the owner of the property has the right to obtain a residence permit in Georgia for a period of 1 year, 5 years or for a lifetime.
1.1. The value of the property must be more than 100,000 US dollars. The value is confirmed by the appraisal report of a certified appraiser
1.2. Passport of the property owner, a notarized translation of the document
1.3. Confirmation of border crossing
1.4. Payment of state duty
1.5. Consideration periods from 10 to 30 days
1.6. After approval of the residence permit, obtaining an ID card - the term of receipt is from 1 to 10 business days
Since the possibility of obtaining a residence permit has an urgent and non-urgent procedure for consideration, we, on our part, provide a service of urgent and unhurried preparation and submission of an application for a residence permit.
The cost of services for a non-urgent procedure for preparing documents, filing, receiving a decision - starts from 550.00 US dollars, the term for preparing documents from 5-7 days, reviewing the application thirty days, receiving a residence permit card 10 business days. In general, the entire process takes about 48 calendar days
The cost of services for an urgent procedure for preparing documents, filing, receiving a decision - starts from 850.00 US dollars, the term for preparing documents from 2-3 days, reviewing the application ten days, receiving a residence permit card one business day. In general, the entire process takes about 15 calendar days
1.2. Passport of the property owner, a notarized translation of the document
1.3. Confirmation of border crossing
1.4. Payment of state duty
1.5. Consideration periods from 10 to 30 days
1.6. After approval of the residence permit, obtaining an ID card - the term of receipt is from 1 to 10 business days
Since the possibility of obtaining a residence permit has an urgent and non-urgent procedure for consideration, we, on our part, provide a service of urgent and unhurried preparation and submission of an application for a residence permit.
The cost of services for a non-urgent procedure for preparing documents, filing, receiving a decision - starts from 550.00 US dollars, the term for preparing documents from 5-7 days, reviewing the application thirty days, receiving a residence permit card 10 business days. In general, the entire process takes about 48 calendar days
The cost of services for an urgent procedure for preparing documents, filing, receiving a decision - starts from 850.00 US dollars, the term for preparing documents from 2-3 days, reviewing the application ten days, receiving a residence permit card one business day. In general, the entire process takes about 15 calendar days
2.1. The value of the property must be more than 300,000 US dollars. The cost is confirmed by the appraisal investment report of a certified appraiser
2.2. Three letters of recommendation from legal entities operating in Georgia.
2.3. Passport of the property owner, notarized translation of the document
2.4. Confirmation of border crossing
2.5. Payment of state duty
2.6. Processing period from 10 to 30 days
2.7. After approval of the residence permit, obtaining an ID card - the receipt period is from 1 to 10 business days
Since the possibility of obtaining a residence permit has an urgent and non-urgent procedure for consideration, we, for our part, provide a service for urgent and unhurried preparation and submission of an application for a residence permit.
The cost of services for a non-urgent procedure for preparing documents, filing, receiving a decision - starts from 2000.00 US dollars, the execution period for preparing documents from 5-7 days, consideration of the application is thirty days, receiving a residence permit card is 10 business days. In general, the entire process takes about 48 calendar days
The cost of urgent services for preparing documents, submitting, and receiving a decision starts from 2500.00 US dollars, the term for preparing documents is from 2-3 days, reviewing the application is ten days, and receiving a residence permit card is one working day. In general, the entire process takes about 15 calendar days
2.2. Three letters of recommendation from legal entities operating in Georgia.
2.3. Passport of the property owner, notarized translation of the document
2.4. Confirmation of border crossing
2.5. Payment of state duty
2.6. Processing period from 10 to 30 days
2.7. After approval of the residence permit, obtaining an ID card - the receipt period is from 1 to 10 business days
Since the possibility of obtaining a residence permit has an urgent and non-urgent procedure for consideration, we, for our part, provide a service for urgent and unhurried preparation and submission of an application for a residence permit.
The cost of services for a non-urgent procedure for preparing documents, filing, receiving a decision - starts from 2000.00 US dollars, the execution period for preparing documents from 5-7 days, consideration of the application is thirty days, receiving a residence permit card is 10 business days. In general, the entire process takes about 48 calendar days
The cost of urgent services for preparing documents, submitting, and receiving a decision starts from 2500.00 US dollars, the term for preparing documents is from 2-3 days, reviewing the application is ten days, and receiving a residence permit card is one working day. In general, the entire process takes about 15 calendar days
3.1 Five-Year Residence Permit
3.2 The property value must exceed 300,000 US dollars, as confirmed by an appraisal report from a certified appraiser.
3.3 Passport of the property owner, along with a notarized translation of the document.
3.4 Confirmation of border crossing.
3.5 Processing period: 10 to 30 days.
3.6 After approval of the residence permit, obtaining an ID card: the processing period is from 1 to 10 business days.
IMPORTANT TO KNOW!!!
The application is submitted directly by those who want to receive a residence permit.
It is important that there is no obligation to be in Georgia after submitting documents.
The decision is received electronically.
The card is issued directly to the recipient of the residence permit.
A residence permit gives the right to continuously stay in Georgia for the period specified in the card of the holder of the residence permit.
The card holder has the right to contact the embassies of countries located in Georgia
A residence permit gives the right to officially get a job and pay taxes.
After receiving a residence permit, you can become a tax resident of Georgia.
Accounts are opened in banking institutions of Georgia without any problems.
With a residence permit, you can buy a car and travel by car to other countries.
Disclosure: Please be aware that submitting an application for a residence permit does not guarantee approval. Each application is evaluated on an individual basis and may be denied for reasons related to national security or other legitimate concerns.
3.2 The property value must exceed 300,000 US dollars, as confirmed by an appraisal report from a certified appraiser.
3.3 Passport of the property owner, along with a notarized translation of the document.
3.4 Confirmation of border crossing.
3.5 Processing period: 10 to 30 days.
3.6 After approval of the residence permit, obtaining an ID card: the processing period is from 1 to 10 business days.
IMPORTANT TO KNOW!!!
The application is submitted directly by those who want to receive a residence permit.
It is important that there is no obligation to be in Georgia after submitting documents.
The decision is received electronically.
The card is issued directly to the recipient of the residence permit.
A residence permit gives the right to continuously stay in Georgia for the period specified in the card of the holder of the residence permit.
The card holder has the right to contact the embassies of countries located in Georgia
A residence permit gives the right to officially get a job and pay taxes.
After receiving a residence permit, you can become a tax resident of Georgia.
Accounts are opened in banking institutions of Georgia without any problems.
With a residence permit, you can buy a car and travel by car to other countries.
Disclosure: Please be aware that submitting an application for a residence permit does not guarantee approval. Each application is evaluated on an individual basis and may be denied for reasons related to national security or other legitimate concerns.
FREQUENTLY ASKED QUESTIONS
Topic - Residency in Georgia through real estate investments!
The minimum investment required to obtain a temporary residency permit in Georgia is $100,000 in real estate. For long term residency, the minimum investment is $300,000.
The application process for a Georgian residency permit takes between 10 to 30 days for approval. Once approved, receiving the ID card typically takes 1 to 10 business days. Urgent procedures can expedite the entire process to about 15 calendar days, while non-urgent procedures may take up to 48 calendar days.
- Visa-free access to neighbor countries and the Schengen Zone (only after obtaining Georgian citizenship).
- The right to live, work, and study in Georgia.
- Favorable tax conditions with low personal income tax and no inheritance tax.
- Access to the banking system for easy account openings.
- The ability to invest in the rapidly growing real estate market.
- Long-term stability with options for permanent residency and eventual citizenship.
Yes, after holding a temporary residency for one year, you may apply for permanent residency if you meet the investment criteria of $300,000 in real estate. Permanent residency can also be granted immediately if the investment is made up front.
No, you do not need to stay in Georgia during the application process. You can submit the necessary documents and continue your travels or business. The residency decision will be sent electronically, and once it’s approved, you can return to Georgia to collect your residence permit card.
- 5-10% tax, on rental income.
- No capital gains tax if the property is held for more than two years.
- Flat 15% personal income tax on local earnings (if you will do business in Georgia, except your property rent).
- No inheritance tax, ensuring a smooth transfer of assets to heirs.
- Potential for no taxation on foreign income if you spend less than 183 days per year in Georgia.
Yes, family members can be included in the residency application. Typically, this includes spouses, children, and sometimes dependent parents. Each family member will need to submit the required documents, and their residency will be tied to the primary applicant’s investment. This allows the whole family to benefit from residency and its associated rights in Georgia.
Yes, there are some restrictions on the type of property for residency by investment in Georgia. The investment must be in real estate (residential or commercial properties), and the property's value must meet the minimum thresholds ($100,000 for temporary residency, $300,000 for permanent residency). The property must also be registered and certified by a licensed appraiser to confirm its value. Land designated for agricultural purposes is generally excluded from qualifying for residency.
As a Georgian residency holder, you are not required to stay in Georgia for any specific duration to maintain your residency status. However, to retain tax residency, you must spend at least 183 days in Georgia within a calendar year. Otherwise, your residency status remains valid as long as your real estate investment is maintained and your residency permit is renewed on time.
If you sell the property that granted you residency, you may lose your residency status unless you reinvest in another qualifying property that meets the minimum investment requirement ($100,000 for temporary residency or $300,000 for permanent residency). It's essential to maintain the qualifying real estate investment to renew your residency permit. Without a qualifying investment, you may no longer meet the criteria for residency in Georgia.
Yes, with a Georgian residency permit, you are allowed to work in Georgia. The permit grants you the legal right to seek employment, start a business, or invest in the local economy. Additionally, you'll be required to pay applicable taxes on your income as a resident, ensuring compliance with Georgian labor and tax laws.
No, you generally cannot use financing or a mortgage to qualify for the Georgian residency-by-investment program. The property investment required for the residency permit must typically be made with fully paid funds, and the investment must meet the minimum threshold ($100,000 for temporary residency or $300,000 for permanent residency) without relying on loans. It's essential that the investment is verified through an appraisal report to confirm the property's value.
The residency permit is tied to the qualifying property you invest in. If you sell the property, you may lose your residency unless you purchase another property that meets the required investment threshold ($100,000 for temporary residency or $300,000 for permanent residency). In such a case, you can apply to transfer your residency to the new property, provided it qualifies under the same conditions.
When submitting an application for Georgian residency based on real estate investment, you must be registered as the current owner of the property. The property ownership must be fully transferred to your name and officially registered before you apply. Additionally, the property’s value must be confirmed by a certified appraisal report to ensure it meets the required investment threshold.
Foreigners can obtain Georgian citizenship through naturalization after holding permanent residency for 10 years. This period includes fulfilling criteria like residing in Georgia, proving knowledge of the language, history, and laws, and demonstrating stable income or property ownership. Residency permits, especially permanent residency, can lead to citizenship, but they are not automatically tied to it. In some cases, citizenship may be expedited for those making exceptional investments or contributing significantly to the country.
In details:
A foreigner can obtain Georgian citizenship through regular or simplified procedures, or by way of exception. Notably, the regular procedure for obtaining citizenship is related to the residence permit.
Specifically:
1.A foreigner can apply for citizenship under the regular procedure if they have lawfully resided in Georgia for the last 10 consecutive years up to the day of applying for Georgian citizenship (which means, among other things, that the foreigner has continuously held a residence permit in 6 Georgia for 10 years.
Additionally, they must demonstrate proficiency in the Georgian state language within the established limits, knowledge of Georgian history, and an understanding of fundamental legal principles. They should also be employed in Georgia and/or own real estate, or carry on business in the territory of Georgia or hold an interest or shares in a Georgian enterprise. If a foreigner continuously holds and maintains a temporary residence permit for 10 years, in addition to citizenship, they can apply for a permanent residence permit in Georgia after 10 years.
2.Simplified Procedure: A foreigner may obtain citizenship under a simplified procedure If the person is married to a Georgian citizen and has been legally and continuously residing in Georgia for the last 5 years up to the day of submitting the application for Georgian citizenship.
3.Obtaining citizenship by way of exception: The President of Georgia may grant Georgian citizenship by way of exception to a citizen of another country who has made a contribution of exceptional merit to Georgia.
The President of Georgia may also grant Georgian citizenship by way of exception to an alien based on state interests.
In details:
A foreigner can obtain Georgian citizenship through regular or simplified procedures, or by way of exception. Notably, the regular procedure for obtaining citizenship is related to the residence permit.
Specifically:
1.A foreigner can apply for citizenship under the regular procedure if they have lawfully resided in Georgia for the last 10 consecutive years up to the day of applying for Georgian citizenship (which means, among other things, that the foreigner has continuously held a residence permit in 6 Georgia for 10 years.
Additionally, they must demonstrate proficiency in the Georgian state language within the established limits, knowledge of Georgian history, and an understanding of fundamental legal principles. They should also be employed in Georgia and/or own real estate, or carry on business in the territory of Georgia or hold an interest or shares in a Georgian enterprise. If a foreigner continuously holds and maintains a temporary residence permit for 10 years, in addition to citizenship, they can apply for a permanent residence permit in Georgia after 10 years.
2.Simplified Procedure: A foreigner may obtain citizenship under a simplified procedure If the person is married to a Georgian citizen and has been legally and continuously residing in Georgia for the last 5 years up to the day of submitting the application for Georgian citizenship.
3.Obtaining citizenship by way of exception: The President of Georgia may grant Georgian citizenship by way of exception to a citizen of another country who has made a contribution of exceptional merit to Georgia.
The President of Georgia may also grant Georgian citizenship by way of exception to an alien based on state interests.
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