Benefits
Benefits of Georgian Residence Permit
Administrative Benefits
- Ability to live and work in Georgia long-term: A Georgian residence permit allows you to stay and work legally in the country without time limitations.
- Access to healthcare services: Residents gain access to Georgia’s public and private healthcare systems.
- Simplified banking procedures: Opening, managing, and closing bank accounts in Georgia becomes easier with a residence permit.
- Potential to apply for Schengen visas: You can apply for visas to certain Schengen countries while residing in Georgia.
- Eligibility for Georgian citizenship: After fulfilling residency requirements, you can apply for citizenship, unlocking visa-free travel to over 114 countries.
- Lower administrative costs: Residence permit holders benefit from reduced fees for public services and medical care.
- Smooth border crossing with your vehicle: You can cross borders with your car without any hassle.
- Legal protection from immigration law changes: Your legal stay in Georgia is safeguarded from any sudden immigration policy changes.
Tax Benefits
- Utility bills for proof of address: Utility bills, such as electricity or water, can be used as valid proof of residence.
- 5% tax on rental income: Georgia applies a flat 5% tax on income generated from rental properties.
- 0% tax on capital gains: If a property is sold after being held for two years, no capital gains tax is levied on the sale.
- 1% property tax: Property owners are required to pay a 1% annual property tax based on the property’s assessed value.
Benefits
Advantages of living in Georgia
Stay and live in Georgia for a long time without the requirement of crossing the border.
Apply for other country visas from the territory of Georgia
Cross Georgian border with your car
Simplified governmental and banking procedures
Possibility to get residence permits for your family members
Step by step
Here’s how we help you
1
30 minutes free consultation
Our experts will give you an overview of the Real Estate market in Georgia.
At the end of the consultation you will be able to make informed decisions.
At the end of the consultation you will be able to make informed decisions.
2
Calibration
You tell us what you are looking for.
We will ask you to provide us as much if information as you can about the property you want to purchase in Georgia, no matter if for residency, investment, living or summer house.
We will ask you to provide us as much if information as you can about the property you want to purchase in Georgia, no matter if for residency, investment, living or summer house.
3
Selection
We show you the matching properties.
We will show you the matching listings in our database and calibrate your our offer to your requirements, and answer an question you have on the properties.
We will show you the matching listings in our database and calibrate your our offer to your requirements, and answer an question you have on the properties.
4
Site visits
We will visit the properties.
We will plan your visits on site, and the property owner will answer all our questions. If you can’t come in person, we can represent you and will provide you our evaluation online.
We will plan your visits on site, and the property owner will answer all our questions. If you can’t come in person, we can represent you and will provide you our evaluation online.
5
Due diligence
Our company follows a thorough due diligence process.
Once you have selected the property, our company investigates all the legal documents of the property and sends them to you. So you can make a 100% informed decision.
Once you have selected the property, our company investigates all the legal documents of the property and sends them to you. So you can make a 100% informed decision.
Purchase
The final stage is to purchase the real estate.
We assist you to negotiate a fair price with the owner and prepare the legal documentation. Finally we make sure that the payment and the real estate transfer are done simultaneously by the notary or registration office. Without risks for any of the parties.
We assist you to negotiate a fair price with the owner and prepare the legal documentation. Finally we make sure that the payment and the real estate transfer are done simultaneously by the notary or registration office. Without risks for any of the parties.
