One way to get a Georgian residence is to invest in Georgia. Due to the strategic situation of the region in which Georgia is located, it is commercially favorable and also has a free trade relationship with Turkey and China. This has caused Georgia to be exempt from paying any taxes by importing and exporting goods to both countries.

If you apply for a residence permit by investing in Georgia, after a while you can also apply for family members, such as your spouse, children under 18, or a disabled person who is fully dependent.

The amount of investment in Georgia to obtain a residence 

• According to the law of Georgia, you must have a minimum investment of 300,000 $ to obtain a residence permit. The permit issued to you is a 5-year permanent residence permit.

• You can also get a one-year stay in Georgia by investing US $ 100,000 in real estate.

Some important points:

• The application period for permanent residence is 3 months after the start date of the investment.

• Buying a property is not an investment unless the purchased property is a land or semi-finished property and you build or start a business there.

• You can travel to all European member states of Schengen after you have obtained permanent residence after joining Georgia in the Schengen area.

• 300,000 $ should be invested directly in the business of the applicant. Buying a property for a company is not a direct investment.

• Each US dollar is approximately 2.85 Lari.Georgia’s lower investment risk than other European countries has attracted a lot of investors in recent years.

Types of investments in Georgia include:

1. Investment in agriculture and food industry

2. Investing in real estate3. Company registration in Georgia

4. Industrial production in Georgia

5. Invest in Georgia by buying government bonds

1- Investment in Georgia’s agricultural industry:

According to the Georgian Chamber of Commerce, Industries, Mines and Agriculture affiliated to the Georgian Ministry of Economy, investing in Georgia’s agriculture is very beneficial and profitable given its climate.

Important factors such as: low prices of agricultural land, uniform rainfall throughout the year, abundance of water resources and high quality of soil in Georgia, as well as low prices of all types of energy, including water and electricity, make investment in Georgian agriculture very favorable.

Due to the shortage of water and also agricultural problems in Iran and the availability of export conditions from Georgia to Iran and the short distance between the two countries, Iranian investors can export their produce to Iran by investing in Georgia’s agricultural sector.Investors can also use the market to export $ 900 million worth of free trade to countries including Turkey, Ukraine and the CIS and the European Union.

Georgia’s hazelnut and walnut have a worldwide reputation. Cucumbers, tomatoes and potatoes are among the most important crops produced in Georgia. Launching greenhouses for crop production can also be a good idea to invest in Georgia’s agricultural sector.

2- Investing in real estate

Investing in Georgia by buying real estate has become one of the fastest paths to economic growth in Georgia. In recent years, Georgia has seen a dynamic growth of international visitors with annual growth rates of 8 to 10 percent. You can buy property in the country for at least $ 100,000. After this step, you will be issued a one-year residence, which is renewable every year, and after 6 years you will be granted permanent residence. Here are some important things to keep in mind.

• For a period of 6 years, you can sell your property and extend your stay. The point is that in order to extend your annual residency, you must replace another property valued at least $ 100,000, or extend it in other ways, including working residence.

• You will not be able to obtain a Georgian residence even if you have paid more than $ 100,000 if you purchased the property in installments or if the property document is not prepared. There are several ways to invest in Georgia real estate. You can work as a construction contractor or make a significant profit by buying and renting property.

There are several ways to invest in Georgia real estate. You can work as a construction contractor or make a significant profit by buying and renting property.

According to the above, foreign investors have good investment opportunities in the development of hotels, hotel flats, rented apartments and resorts in Georgia and thus can obtain residence in Georgia. Georgia has two free tourism zones called Anaklia and Kobuleti, with hotel construction projects in the area. Also consider investing in construction in Tbilisi and Butumi which recently has become more and more popular.

3. Investing in Georgia through company registration

Registering a company in Georgia is another investment option in Georgia. In Georgia, as in many countries around the world, you have the opportunity to establish a branch office of your company of country of origin. If you start a new company according to the requirements of this country, you can achieve successful results sooner and with less hassle. For example, companies registered in the four cities of the Free Trade Zone enjoy special tax exemptions and deductions.

Foreign businessmen who intend to open a business in Georgia can choose from a variety of companies in accordance with national laws. Investors can choose between a limited liability company, a privately held corporation or a LLP company. All company documents must be translated into the local language for registration. In addition, based on the provisions of the Hague Convention, documents must be approved in the country of origin. Person’s present is required during all stages of the company registration process. These steps are possible within a week. Note that registering a business in Georgia and obtaining a Georgian residence are two separate topics. You cannot obtain a Georgian residence permit immediately by registering a company in Georgia. If you decide to obtain a Georgian residency through company registration, you must pay company tax on a monthly and yearly basis to show that your company is active. Otherwise you will not be able to obtain Georgian residency by registering a company.

If the investor can prove a $ 120,000 annual transaction and financial transaction amount, he or she can obtain a Georgian Permanent Residence Permit for a period of 5 years.

4. Invest in Georgia by buying government bonds

Like many other countries in Georgia, foreigners can also invest in government bonds. This type of investment is tax exempt. You can participate in various projects in Georgia by purchasing municipal bonds. The municipal bond fund is designed to meet a large part of the government’s needs, with the participation of people in leading important urban development projects such as schools, subways, museums, parks, hospitals, roads and … . In return for this partnership, annual profits will be tax-deductible to bond buyers.

5. Investment in Georgian industrial production

Active companies in Georgia can take advantage of developing markets and recognize the different opportunities available to replace regional imports in various industries. Industries including food processing, chemicals, plastics, building materials, packaging, household goods.Currently, 80% of Georgia’s electricity needs are supplied by hydroelectric power plants. For this reason, electricity has a high voltage. Factories with power consumption exceeding one million kWh, purchase electricity from power producers.

The average monthly wage in the Georgian industrial sector is $ 355 and, given the high unemployment rate, wages are not expected to grow much. Opportunities to invest in Georgian industrial production include apparel and textiles, detergents, building materials, concrete and plastering, paint and varnish.

Georgia’s free industrial zones are located in the towns of Poti (Port), Kutaisi (the third largest city) and Tbilisi (the capital). Businesses based in free industrial zones are subject to special tax exemptions. The management of all free industrial zones is the responsibility of private companies.

Investing in Georgia and its Standards

Investing in Georgia also has many risks, so it needs to be carefully researched to avoid failure. Investigating investment standards in a country can be very helpful in identifying investment security.