Georgia has become an increasingly attractive destination for investors seeking residency through property ownership.
With a simplified legal process and relatively low investment thresholds, the country offers a straightforward pathway to obtaining legal residency.
🌍 Why Choose Georgia for Real Estate Investment?
Georgia offers political stability, a low cost of living, and a favorable tax environment.
Foreigners can own property outright, and the real estate market has seen consistent growth in recent years, particularly in cities like Tbilisi and Batumi.
💰 Minimum Investment Required
To qualify for a temporary residency permit through real estate investment, the property must be valued at a minimum of $100,000 USD (or equivalent in GEL).
The valuation must be confirmed by a certified independent evaluator in Georgia.
🏢 Eligible Property Types
You can invest in residential, commercial, or mixed-use properties.
Land without construction may not always qualify unless development is planned and approved.
Buying newly built or resale apartments is common among foreign investors.
📝 Application Process
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- Purchase the Property: Complete the transaction and register the title in your name with the National Public Registry.
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- Get a Property Valuation: Hire a certified appraiser to confirm the value exceeds the $100,000 threshold.
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- Gather Documents: Including your passport, property title deed, valuation report, and proof of legal income.
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- Apply for Residency: Submit your application to the Public Service Hall or online through the Justice Ministry’s platform.
- Wait for Approval: Processing usually takes 30 days (or faster with an express fee).
⏳ Length and Renewal of Residency
The initial permit is usually valid for one year and can be renewed annually as long as you maintain ownership of the qualifying property.
After six years of continuous residency, you may be eligible to apply for permanent residency.
🎁 Benefits of Residency Through Investment
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- ✅ No need to physically live in Georgia full-time
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- ✅ Legal access to banking, education, and healthcare
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- ✅ Pathway to permanent residency
- ✅ Can include family members (spouse and children)
⚠️ Important Considerations
Ensure the property valuation meets the legal threshold — market price and valuation are not always the same.
Also, note that residency status may be revoked if the property is sold or significantly devalued.
✅ Conclusion
Investing in real estate in Georgia is not only a financially sound choice but also opens the door to legal residency with relatively low bureaucracy.
With proper planning and due diligence, this pathway can offer long-term stability and access to one of the most investor-friendly countries in the region.
If you’d like more information, you can watch these two videos: Should I Invest in Batumi and How to Invest in Real Estate in Tbilisi: