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Permanent residence in Georgia with property purchase

Permanent residence in Georgia with property purchase

Permanent residence in Georgia with property purchase

Buying a property is one of the best ways to obtain permanent residence in Georgia

According to the immigration law of May 30, 2019, foreign citizens can obtain permanent residence in Georgia with property purchase worth at least $300,000. Due to the continuity of this residency and the possibility of using all the facilities of life and work as citizens, for holders of permanent residence in Georgia with the purchase of property, it is recommended to choose this method of obtaining permanent residence in Georgia property purchase in Georgia with more than 300 thousand dollars.

Permanent residence in Georgia with property purchase

Permanent residence in Georgia with property purchase

If a foreign citizen buys real estate worth at least $ 300,000, he will first obtain a five-year residence in Georgia, and then, if he does not sell the property within that period, he can obtain permanent residence in Georgia with property purchase. The very important point is that the standard for reaching a quorum is at least $300,000 and it doesn't matter if that number is spent on buying one or more properties, for example, and further clarification means it doesn't matter if you have a $300,000 property, or A few properties with a total value of three hundred thousand dollars.

Permanent residence in Georgia with property purchase

Learn more about buying property in Georgia

Steps to obtaining permanent residence in Georgia with property purchase

After completing the paperwork done by the attorney, it is time to evaluate the purchased property, by an official appraiser approved by the government. Under Georgian law, an appraiser assesses the value of real estate. (Of course, it should be noted that the assessment is also reviewed by the Immigration Office.) In Georgia permanent residence with the purchase of a property, there must be a very close interaction between the applicant, attorney, and resident because completing the documents in the process of obtaining permanent residence in Georgia with property purchase is very important. After preparing for the assessment which usually takes a few days in cooperation with the lawyer and the official resident, it is time to go to the public services office with full documents with the lawyer, after the documents are delivered and the government fee is paid, which in 20 days the payment is 300 lari or 30 days with the payment of 180 lari And we have to wait for the answer to stay in Georgia. After receiving a positive answer for obtaining permanent residence in Georgia with property purchase, we must go to the public services office with a lawyer and apply for a residence card so that the residence card can be prepared within 10 working days.

Permanent residence in Georgia with property purchase
Permanent residence in Georgia with property purchase

Learn more about permanent residence in Georgia by investing

Documents required to obtain permanent residence in Georgia with property purchase

  • 1-Applicant present with the original passport
  • 2-Fill out the residence application form (completed by a lawyer)
  • 3-Translation of the passport into Georgian (it will be done in Georgia)
  • 4-Photo (will be taken at the Public Service Office)
  • 5-Duration of at least 40 days from the time of the visa
  • 6-Georgia property appraisal documents
  • 7-Certificate of no criminal record from the passport-issuing country
  • 8-Confirmation documents by three Georgians (advised by the company's lawyer)
Permanent residence in Georgia with property purchase

Georgia Accommodation Guide for Children Over 18

Documents required to obtain permanent residence in Georgia with property purchase, for family members and for children under 18 years of age

  • 1-Applicant present with the original passport
  • 2-Fill out the residence application form (completed by a lawyer)
  • 3-Translation of the passport into Georgian (it will be done in Georgia)
  • 4-Photo (will be done at the General Services Office)
  • 5-A copy of the positive answer or residence card of the person in Georgia
  • 6-Certificate of no criminal record from the passport-issuing country
  • 7-Relative certificate of the applicant with the owner of residence in Georgia
  • 8-Duration of at least 40 days from the time of the visa
Frequently asked questions about permanent residence in Georgia with property purchase
1 Do you have to pay 300,000 USD to buy one property to get permanent residence in Georgia, or is it possible to buy several properties?

The Immigration Office criteria for granting permanent residence in Georgia with purchase of property is the set of properties you purchased, so it doesn't matter if you bought a property for $300,000 or 5 properties for $60,000.

2 Is it possible to obtain permanent residence in Georgia by buying land?

Yes, by purchasing non-agricultural land with a value of not less than 300 thousand dollars, you can obtain permanent residence in Georgia by purchasing a property, but note that you cannot obtain residence by purchasing agricultural land

3 Is it possible to obtain permanent residence in Georgia with property purchase for which a separate document (a separate property code) has not been drawn up or does not exist?

No, you can obtain residency in Georgia only with the purchase of real estate that has a separate document. Make sure that on the real estate that the original document or the mother’s document has not been separated, you cannot obtain permanent residence in Georgia by buying a property, so make sure of that of course with experienced lawyers you can be sure of this because these lawyers will check all documents at the time of purchase

4 What are the criteria for calculating the price of real estate in granting permanent residence in Georgia with property purchase?

The Immigration Office criteria for granting permanent residence in Georgia with property purchase is an evaluation by an official government-approved appraiser, and the purchase amount is not the Public Services Office standard for determining the amount.

5 How long after buying a property can you apply for permanent residence in Georgia with property purchase?

Immediately after purchasing the property, you can apply for permanent residence in Georgia with property purchase

6 Who can obtain a residence permit after purchasing permanent residence in Georgia with property purchase?

After obtaining permanent residence in Georgia, you can obtain residency for your spouse, children under the age of 18, and your parents.

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