Real Estate Residency Permit
If you’re looking for new opportunities to live, work, or invest in one of the most beautiful and dynamic countries in the Caucasus region, Georgia is an excellent choice for you. With its pristine nature, rich culture, and growing economy, this country is an attractive destination for international immigrants and investors. On this page, we provide comprehensive information about one of the ways to obtain residence in Georgia, namely the “Short-term Residence Permit.”
The Short-term Residence Permit is one of the types of residence permits that the Georgian government grants to foreign investors. This type of residence is suitable for individuals who intend to invest in Georgia’s real estate sector. Below, we examine the details of this type of residence and the conditions for obtaining it.
Conditions for obtaining a Short-term Residence Permit:
1. Property ownership: The applicant must own real estate (except agricultural land) in Georgia.
2. Property value: The market value of the property must exceed the equivalent of 100,000 US dollars in Georgian Lari.
3. Official appraisal: The property value must be confirmed by an authorized and accredited appraiser.
Benefits of Short-term Residence Permit:
1. Possibility of legal residence in Georgia
2. Right to work and study in Georgia
3. Possibility of obtaining residence for family members (spouse and children)
4. Access to Georgian healthcare and educational services
Process of obtaining a residence permit:
1. Collecting necessary documents
2. Completing the application form
3. Submitting documents to the relevant agency
4. Paying the related fees
5. Waiting for the application to be reviewed and the residence permit to be issued
Important recommendations:
1. Before proceeding, consult with a legal or real estate advisor.
2. Ensure the authenticity and validity of all documents.
3. Be careful in selecting the property and consider its location and growth potential.
4. Familiarize yourself with Georgian tax and legal regulations.
Conclusion:
Obtaining a Short-term Residence Permit in Georgia is a great opportunity for those who intend to invest and live in this beautiful country. By following the laws and submitting the correct documents, you can easily receive this permit and enjoy its benefits. For more information and guidance on other methods of obtaining residence in Georgia, contact our experts.
