Real Estate Investment in Georgia
Real estate investment in Georgia has gained attention from both domestic and international investors in recent years.
Growing Real Estate Market: Georgia's real estate market has been experiencing growth, especially in major cities like Tbilisi, Batumi, and Kutaisi. This growth is driven by factors such as tourism, foreign investment, and urban development.
Foreign Investment Opportunities: Georgia has made efforts to attract foreign investors by implementing investor-friendly policies. This includes simplified property registration procedures and tax incentives for certain types of investments.
Tourism and Hospitality: The tourism industry in Georgia has been expanding, which has led to increased demand for vacation rental properties. This can be a lucrative investment opportunity, particularly in popular tourist destinations like Batumi and Tbilisi.
Residential and Commercial Properties: Georgia offers various options for real estate investment, including residential apartments, commercial properties, and mixed-use developments. Each type of property investment comes with its own potential benefits.
Legal Considerations: It's essential to understand the legal and regulatory framework for real estate investment in Georgia, including property ownership rights, contracts, and tax obligations. Consulting with our legal experts is advisable.
Currency and Economic Stability: Georgia's stable currency (Georgian Lari) and relatively low inflation rate contribute to a favorable economic environment for investors.
Low to 0% Tax
Purchase property with Fedelta Services quickly and conveniently, with low to zero tax on property.
Georgia has made efforts to streamline administrative processes and attract foreign investment. With our assistance, all in one place, in a matter of minutes, the purchase or sale will be finalized. Generally, annual property tax amounts to 1% of the market value of the real estate. But that's not all...
Zero Tax on Property: For those with an annual income of less than 40,000 GEL, property tax is 0% in Georgia."
Residency through Real Estate Investment
Georgia offers a residency program through investment known as the "Georgia Immigrant Investor Program." This program allows individuals and their families to obtain Georgian residency by making a qualifying investment in the country. Contact us to find out if you're qualified.
- Investment residence permit - is issued to a foreign citizen who invested at least USD 300 000 equivalent in GEL in Georgia. this provision is prescribed in the Law of Georgia on Promotion and Guarantees of investment. in such cases, residence permits are also issued to the investor’s family members, which include a spouse, underage dependent and/or fully dependent incapacitated person;
- Perpetual residence permit – shall be issued to a foreigner and members or his/her family, who made the investment amounted to at least USD 300,000 equivalent in GEL in Georgia, and who has received investment resident permit who can prove annual turnover of at least USD 50,000 equivalent in GEL in the first year of entrepreneurial activity in Georgia, annual turnover of at least USD 100,000 equivalent in GEL in the second year, and equivalent to USD 120,000 equivalent in GEL the third, fourth and fifth years, or to the foreigner and members or his/her family, who has received resident permit based on ownership rights on the real property the value of which is at lease USD 300,000 equivalent in GEL, who has the inverstment residence permit 5 years from acquisition of property rights on this real property.
