How to Obtain Residency by Investing in Georgian Real Estate
Georgia offers an attractive path to residency for foreign investors through its property market. By purchasing qualifying real estate in Batumi or other parts of the country, you can secure a temporary or permanent residence permit and enjoy the benefits of living in this fast‑growing Black Sea nation.
Investment Thresholds
To qualify for residency by investment, you typically need to purchase property worth at least USD 100,000 (or equivalent in Georgian lari). The property can be an apartment, house, commercial space or land. A professional valuation report is required to verify the market value.
Temporary vs. Permanent Residency
- Temporary residence permit: Valid for one year and renewable as long as you maintain ownership. Suitable for investors who plan to spend time in Georgia regularly.
- Permanent residence permit: Often granted after holding temporary permits for several years or by investing over USD 300,000. Permanent residency allows unlimited stay and provides access to local healthcare and education systems.
Application Process
- Obtain a property valuation report from an authorized appraiser.
- Submit your application through the Public Service Hall or Justice House.
- Provide required documents: passport, property ownership certificate, valuation report and proof of legal income.
- Pay the government fee and wait for approval (usually 30 days).
Once approved, you will receive a residence card that allows multiple entries and stays in Georgia. Investing in Batumi real estate not only offers potential capital appreciation and rental income but also provides a pathway to live in a country with a business‑friendly environment and low taxes.
Have questions about the residency by investment program or need help finding the right property? Contact us for free consultation.