1. No Restrictions on Residential Property Ownership
Good news—Georgia welcomes foreign buyers. You can purchase residential or commercial real estate (non-agricultural) with full ownership rights—no visa, citizenship, local partner, or special permissions required. Learn more from Ambassadori Kachreti and Nomos Law Firm.
Note: Georgia’s U.S. state restrictions (SB420) prohibit agents from certain countries, including China, from buying farmland or commercial land near military installations—but residential property remains unaffected (AP News).
2. Legal Process: Straightforward & Investor-Friendly
Purchasing property in Georgia is surprisingly smooth. Transactions typically wrap up in 1–4 business days via Public Service Halls (Nomos Law Firm).
You can also complete purchases remotely using Power of Attorney (Nomos Law Firm, BatumWorld).
Tip: Always have your lawyer check the National Public Registry for clear titles and zoning alignment to avoid costly surprises (LD Estates).
3. Residency Opportunities via Property
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USD 100,000+ property: Qualifies for a renewable one-year temporary residence permit—family members can join (armenian-lawyer.com, Nomos Law Firm)
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USD 300,000+ investment: May qualify for a five-year investment residence permit, a pathway toward permanent residency (Nomad Capitalist, Nomos Law Firm)
These options are low-hassle and investor-friendly, making Georgia highly attractive for foreigners.
4. Tax Advantages & Affordability
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Personal income tax: 20% on local-sourced income; foreign-source income may be exempt
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Rental income tax: Only 5% on residential leases
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No stamp duty on purchases and no capital gains tax after two years of ownership (Nomos Law Firm)
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VAT applies only if rental income exceeds 100,000 GEL annually
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Using a local LLC can optimize taxes for higher ROI (LD Estates)
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Property prices are more affordable than many Western destinations (Batumi Projects)
5. Prime Locations for Investment
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Tbilisi: Vibrant rental markets in Saburtalo, Vake, and historic Old Town neighborhoods like Sololaki, Mtatsminda, and Vera (Nomos Law Firm)
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Batumi: A year-round rental hub with high-rise developments and some guaranteed rental programs; property values rose ~5% in early 2025 (Nomos Law Firm, Realting.com)
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Kutaisi: Ideal for budget-conscious investors—lower entry point with long-term potential (Nomos Law Firm)
6. Common Pitfalls to Avoid
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Skipping due diligence: Can lead to title disputes or zoning conflicts (LD Estates)
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Underestimating taxes: Renting or reselling too quickly can trigger VAT or tax liabilities (LD Estates)
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Choosing the wrong ownership structure: Sometimes holding property through a Georgian entity improves tax efficiency (LD Estates)
Summing It Up
“Imagine walking into a market where, as a foreign buyer, you’ve got equal footing—no guesswork, no hidden hurdles. You pick up a property and within days, it’s yours. Spend $100,000? Boom—residence is yours to renew. $300,000? You’re on a fast track to long-term residency. Costs are clear, taxes are low, and choices span Tbilisi, Batumi, to Kutaisi. Just one thing: due diligence isn’t optional. But once that’s done? You’re in position—smart, secure, and ready to grow.”
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