How to Obtain a Residence Permit in Georgia: A Comprehensive Guide (2025)

Taxplained
14 Feb 202506:52

Summary

TLDRGeorgia offers an attractive residency program, providing clear pathways for both temporary and permanent residency through company formation or real estate investment. With a business-friendly environment, tax benefits, and low-cost living, Georgia is ideal for entrepreneurs, investors, and individuals seeking stability. Temporary residency can be obtained by starting a business or investing in real estate. Permanent residency and eventual citizenship are available through further investment. Georgia's transparent process and strategic location make it a prime destination for those looking to establish a base in a cost-effective, stable country.

Takeaways

  • 😀 Georgia offers an attractive residency program with multiple pathways for individuals seeking a second residence, tax benefits, or a stable base in a low-cost, safe country.
  • 😀 The Georgian residency process is straightforward with clear legal frameworks for both temporary and permanent residency.
  • 😀 Foreign nationals can obtain temporary residency by forming a Georgian LLC, with the potential to extend the permit for up to 11 years if certain criteria are met.
  • 😀 Another temporary residency option is through real estate investment, where a property valued at $100,000 or more qualifies for a one-year renewable residence permit.
  • 😀 Permanent residency in Georgia is available through real estate investment (property worth over $100,000) or business investment (minimum $300,000).
  • 😀 Investors who meet the business investment criteria can apply for permanent residency, with the potential to gain Georgian citizenship after 5 years of residency.
  • 😀 Special tax residency options are available for high net-worth individuals, offering tax advantages for those holding a Georgian residence permit.
  • 😀 General requirements for residency include a valid travel document, proof of legal stay in Georgia, financial documents, and submission of the application to the Public Service Development Agency.
  • 😀 Georgia allows family members of the primary applicant to apply for residency under the same category, whether for temporary or permanent residency.
  • 😀 After 10 years of legal residency in Georgia, individuals can apply for Georgian citizenship, with additional requirements such as knowledge of the Georgian language, history, and legal principles.
  • 😀 The application process for Georgian citizenship takes approximately 3 months, and applicants can reapply if their application is rejected (after 1 year).

Q & A

  • What makes Georgia an attractive destination for individuals seeking residency?

    -Georgia is attractive due to its straightforward application process, business-friendly environment, and various investment opportunities, making it ideal for those seeking second residences, tax benefits, or a base in a low-cost, safe country.

  • What are the two primary ways to obtain a temporary residence permit in Georgia?

    -The two primary ways to obtain a temporary residence permit in Georgia are through company formation or real estate investment.

  • What are the requirements for obtaining a temporary residence permit through company formation?

    -To obtain a temporary residence permit through company formation, foreign nationals must establish a Georgian Limited Liability Company (LLC), submit identity documents, and have an annual turnover of at least $50,000. The permit is valid for 6 months to 1 year and can be extended.

  • How can individuals qualify for a temporary residence permit through real estate investment?

    -Individuals can qualify for a temporary residence permit by purchasing real estate in Georgia with a minimum value of $100,000. The property value must be confirmed by an official appraiser, and the permit is valid for one year, renewable annually.

  • What is the minimum investment required for permanent residency in Georgia through real estate?

    -For permanent residency through real estate investment, foreign investors must purchase property in Georgia with a market value exceeding $100,000. Family members of the applicant can also apply under this category.

  • What are the requirements for obtaining permanent residency through business investment?

    -To obtain permanent residency through business investment, a foreign national must invest at least $300,000 in non-agricultural land, apartments, or commercial properties in Georgia. The permit is initially valid for 5 years, and after meeting investment requirements, the individual may qualify for citizenship.

  • What are the general requirements for residency applications in Georgia?

    -The general requirements include a valid travel document, proof of legal stay in Georgia, relevant financial documents (e.g., bank statements), property ownership papers or business contracts, and an application submitted to the Public Service Development Agency.

  • How can high net-worth individuals benefit from tax residency in Georgia?

    -High net-worth individuals can benefit from special tax residency in Georgia, which provides tax advantages for those holding a temporary or permanent residence permit.

  • What is the pathway to obtaining citizenship in Georgia?

    -To obtain Georgian citizenship, an individual must have legally resided in Georgia for 10 consecutive years, demonstrate knowledge of the Georgian language, history, and legal principles, and have an employment contract, real estate ownership, or business activity in Georgia.

  • How long does the processing of citizenship applications take in Georgia?

    -The processing time for citizenship applications in Georgia is approximately 3 months. If the application is rejected, the applicant can reapply after 1 year.

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Georgia ResidencyReal Estate InvestmentBusiness FormationTemporary ResidencyPermanent ResidencyInvestment OpportunitiesTax BenefitsCitizenship PathwayEntrepreneursExpat BenefitsInvestor Friendly
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