What Does a Residence Permit Through Property Purchase in Georgia Offer?
Obtaining a residence permit through the purchase of real estate is one of the most convenient ways to legally live in Georgia. The government supports foreign investors, which makes the application process relatively simple and transparent.
How a Property-Based Residence Permit Works
A foreign citizen may apply for a residence permit if they own real estate with a value of at least USD 100,000 (however, starting from March 1, 2026, the minimum threshold will increase to USD 150,000). After the purchase, an independent licensed appraiser confirms the market value of the property. Based on this appraisal report, the applicant can submit documents online or through the Public Service Hall.
Key Benefits of a Property-Based Residence Permit
A residence permit obtained through real estate ownership provides several important advantages:
1. Unlimited Legal Stay
You can reside in Georgia year-round, freely enter and exit the country, and no longer worry about visa limits or permitted stay periods.
2. Residence Permit for Family Members
Immediate family members (spouse and children) may obtain residence permits based on the property owner’s status, making this option especially convenient for relocation.
3. Legal Business Activities
A residence permit allows you to register as an individual entrepreneur or establish a company in Georgia, work locally, or run an international business remotely.
4. Banking and Financial Access
Holding a residence permit significantly simplifies interactions with Georgian banks. Opening accounts, obtaining cards, using deposits, and conducting large financial transactions becomes faster and easier.
5. Long-Term Stability
Investment-based residence permits are typically issued for one year and can be renewed as long as the property remains in your ownership and meets the minimum value requirement. After several renewals, you may qualify for long-term residence status.
6. Access to Education and Healthcare
With a residence permit, it is easier to sign contracts with private schools and kindergartens, purchase health insurance, and access medical services without additional bureaucratic obstacles.
7. Simple Renewal Process
The main requirement for renewal is continued ownership of qualifying real estate. Annual renewals are usually processed quickly when documents are in order.
Is It Worth Applying for a Residence Permit Through Property Purchase?
This option is well suited for those planning to stay in Georgia for more than one year, frequently travel to the country, relocate with family, work remotely, or invest in real estate. As the minimum investment threshold is expected to increase in 2026, many investors consider it advantageous to secure qualifying property under the current conditions.
If you are considering purchasing property or planning a relocation to Georgia, leave a request to receive a consultation and a selection of properties that meet residence permit requirements.