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.
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.
Learn more about buying property in Georgia
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.
Learn more about permanent residence in Georgia by investing
Georgia Accommodation Guide for Children Over 18
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.
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
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
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.
Immediately after purchasing the property, you can apply for 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.