Investing in Tbilisi. A very real plan
In recent years, Tbilisi has quietly become a magnet for high-net-worth individuals and savvy investors looking for new frontiers beyond the saturated markets of Western Europe and North America. The capital of Georgia offers a compelling mix of opportunity, accessibility, and profitability that makes it especially attractive to millionaires seeking to diversify their wealth. In this article, we’ll explore the top reasons why smart millionaires are increasingly choosing to invest in Tbilisi—and why you might want to consider it too.
🏙️ Tbilisi: An Undervalued Capital with High Potential
Tbilisi is a city in transition. Once an overlooked former Soviet capital, it is now one of the fastest-growing urban centers in Eastern Europe. Despite its growing popularity, real estate in Tbilisi remains incredibly affordable compared to major European cities. In central neighborhoods such as Vake, Mtatsminda, and Vera, high-end apartments cost a fraction of what you’d pay in cities like Prague or Vienna.
This affordability, combined with rising international attention, creates a sweet spot for investment. Property values have increased steadily over the past decade, and projections show continued appreciation as Georgia deepens its ties with Europe and Asia.
💼 Business-Friendly Policies and Easy Entry
Georgia consistently ranks in the top 10 worldwide for ease of doing business. Setting up a company can be done in 1–2 days, and there are no restrictions on foreign ownership of businesses or property. Income can be repatriated freely, and the government actively supports foreign investment.
Smart investors appreciate the transparency of Georgia’s legal and banking system, especially compared to other emerging markets. The tax code is simple, flat, and predictable. For millionaires who value speed, efficiency, and privacy, Georgia ticks all the boxes.
🏠 Buy Property in Georgia and Get Residency
One of the biggest incentives for wealthy individuals is the fact that you can buy property in Georgia and gain legal residency. If you purchase real estate worth at least $100,000 USD, you qualify for a one-year renewable residence permit. This can be extended indefinitely as long as you maintain ownership of the property.
This program offers a straightforward path to second residency—without the bureaucracy, language tests, or high investment thresholds common in other countries. It’s ideal for global citizens, remote entrepreneurs, and retirees looking for a base in a tax-efficient, geopolitically neutral location.
📈 High Rental Demand and Solid Yields
Tbilisi is experiencing a housing crunch driven by urban growth, rising tourism, and an influx of remote workers and digital nomads. This has translated into high demand for quality rentals, especially in central neighborhoods. Short-term rental platforms like Airbnb and Booking.com are thriving, and long-term leases are easy to secure with competitive rates.
Depending on the location and property type, gross rental yields in Tbilisi range between 7% and 11%. Many investors follow a hybrid strategy: renting short-term during peak seasons and securing long-term tenants in the off-season.
🌐 Strategic Location and Global Mobility
Georgia offers visa-free access for citizens of over 90 countries, including the EU, UK, US, Canada, Australia, and much of Asia. Its strategic location between Europe and Asia makes Tbilisi a valuable hub for investors with international business interests. Major airlines connect the city to key markets, and infrastructure continues to improve year after year.
The country’s neutrality and relatively stable politics also make it an appealing option for investors looking for safety and predictability without the complications of traditional Western jurisdictions.
💸 Tax Benefits for High-Net-Worth Individuals
Georgia’s tax system is particularly appealing to millionaires. The country has:
- No inheritance tax
- No wealth tax
- 1% tax regime for individual entrepreneurs (freelancers and consultants)
- No capital gains tax on long-term real estate holdings
- No property tax on non-rented residential units
This makes Georgia one of the most tax-efficient countries in the region—especially for those who manage global portfolios and want to protect their wealth legally.
🏗️ Active Development and Urban Transformation
Investors are not just buying into cheap property—they’re buying into a city with vision. Tbilisi is undergoing major infrastructure development, including new public transport lines, highways, green spaces, and luxury real estate projects. This wave of modernization is transforming the skyline and increasing the long-term value of investments.
Luxury developments such as Axis Towers, Panorama Tbilisi, and m² projects are attracting foreign buyers who want modern amenities, high-end finishes, and secure returns. Many of these developments offer property management services, making them ideal for remote investors.
🧠 Why Millionaires Are Investing in Tbilisi Now
Global uncertainty has made traditional investment havens less predictable and more expensive. Regulatory changes, banking restrictions, and high taxes in Europe and North America have pushed many investors to look elsewhere. Tbilisi offers a rare opportunity: a capital city that is still affordable, welcoming, and full of potential.
With the right timing, a clear strategy, and local knowledge, investing in Tbilisi can offer capital appreciation, rental income, tax efficiency, and residency benefits—all in one package.
📌 Final Thoughts
For smart millionaires looking to diversify internationally, Georgia offers a compelling value proposition. Whether your goal is lifestyle, legal residency, passive income, or asset protection, Tbilisi delivers a combination of benefits that are increasingly hard to find elsewhere.
As more international investors discover Georgia’s advantages, opportunities will become more competitive. The time to invest is now—before the rest of the world catches on.
Want to learn more? Explore our guides on banking, taxes, and financial tools in Georgia to make informed decisions before you buy.