Georgia ~ Residence Permit through Property
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Georgia ~ Residence Permit through Property

Georgia ~ Residence Permit through Property

Time to Permanent Residency: 6 Years ~ Time to Citizenship: 10 Years

Foreign Applicants who make an investment in non-agricultural real estate in Georgia are eligible for a residence permit, if certain conditions are met.

According to new regulations that came into force on July 5th, 2019, the minimum price requirement for real estate increased and became USD 100,000 (instead of the USD 35,000 as was previously).

The Temporary residence permit of Georgia is issued for periods of 6 months up to 6 years. Usually, the first issue is for a period of 6 months or 1 year.

After the applicant receives their Georgian Residence Card, his/her spouse and children are also eligible for a TRP.

Applicants that are interested in establishing a company in Georgia do not necessarily need to visit the country to do so; using power of attorney, our service partners in Georgia will be able to handle all the paperwork and bureaucratic processes, and also make the necessary submission for applying for temporary residency.

After 10 years of continuous, legal residency in Georgia, foreigners may be eligible to apply for Georgian citizenship, if they meet certain conditions, such as knowing the local language, history and customs, and/or have married a Georgian citizen, or are engaged in economic activities considered important to the Georgian state and economy.

Investment


Real Estate

Purchase of non-agricultural real estate in Georgia worth a minimum USD 100,000.

Requirements


– Documents certifying USD 100,000 investment in real estate OR investment in a newly-formed Georgian company.
– Criminal Record report from your local police agency.

Documents Required


  • Certificate of legal stay in the country
  • Documents certifying Investment
  • Receipt of payment of fees
  • Certified copy of passport
  • Real estate sales and purchase agreement
  • Proof of ownership or rental housing

Please do not hesitate to contact us to discuss your case today. Thank you

We may help you choose the best possible destination considering your profile & priorities.