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Georgia Immigration 2020 Visas & Residence Permits 

Georgia Immigration 2020 Visas & Residence Permits

Georgia is a modern and fast growing country with rich history and traditions, beautiful nature, excellent cuisine, low taxes, low crime rate, and low cost of living. Georgia offers visas, residence permits and tax residency status to investors, property owners, entrepreneurs, freelancers, workers and their family members, with a path to citizenship. 


A knowledgeable local lawyer can help you navigate through the immigration process, avoid pitfalls and maximize your chances of success. Legal assistance can be very valuable in the process of purchasing properties, registering businesses, reviewing, certifying and translating documents, communicating with government agencies and tracking your case, obtaining residence cards, tax residence certificates, etc. Please contact us for a free evaluation of your case. 

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Georgia Residence Form

Legal Guide to Visa, Residence, and Passport in Georgia

#1. Visa

#2. Overview of Residence Programs

#3. Business Owner or Employee (Work) Residence Permit

#4. Property Ownership (Short-Term) Residence Permit

#5. Investment (Permanent) Residence Permit

#6. Family Members

#7. Residence Card (ID Card)

#8. Passport & Visa-Free Travel

#9. Tax Residence for High Net Worth Individuals

12 Reasons for a Georgian Residence Permit

1. Life in Georgia

Georgia is a modern and fast growing country with rich history and traditions, beautiful nature, excellent cuisine. It has a strategic location in the Caucasus region and is a primary spot for investors who want to access both the European and Asian markets. The country is a free and open democracy that boasts a uniquely liberal business and trade regimes, low taxes, developing infrastructure and a very low crime rate. Georgia's international rankings are available below.

2. Unrestricted Travel and Activities

A Georgian residence permit grants you the right to unrestricted stay in the country and the right to engage in any lawful activities, such as doing business, working, studying or simply retiring without work permits or additional documents. Georgian residents are not obliged to serve in the military.

3. Low Cost of Living

The cost of living  in Georgia is very low compared to other European countries. A list of indicative prices can be found here.

4. Investment Opportunities

There are many ways to make smart business investments in Georgia, for example in tourism, agriculture, manufacturing, real estate or outsourcing. The government offers many incentives and grants, has lowered or made certain taxes non-existent, thus generously lowering the costs of doing business.  

5. Path to Citizenship

Becoming a resident of Georgia gives you and your family a path to citizenship. Georgian passport ranks 53rd in the world (as of 2020) and allows visa-free travel to 116 countries and territories, including EU (Schengen) countries, most of CIS countries, Iran and Turkey.

6. More Freedom and Options

Having a residence permit gives you more freedom and options and can serve as a valuable "insurance policy." Georgia is generally considered an exceptionally safe country with one of the lowest crime rates in the world. If the economic or political situation in your country gets worse you can use your residence permit to move to Georgia with your family. Having a residence permit can help you avoid problems resulting from your country’s foreign policy and domestic regulations (for example, difficulties with banking or increased tax burden). 

7. Extension of Immigration Benefits to Family Members

Georgia grants "residence permits for family reunification" to the family members, including the spouse, sons and daughters, parents, minor, supported or incapable persons under guardianship (custody) of or fully dependent on the residence permit holder. 

8. Consular and Visa Services

If you wish to travel to European or other countries, holding a residence permit may allow you to apply for a visa at an embassy in Georgia. 

9. Fast, Easy and Inexpensive Process

The process of obtaining a residence permit normally takes less than a month. Once your petition is approved you can get your Georgian residence permit in a matter of days. Only minimum documents are required. There is no need to provide police certificates, proof of address, tax returns etc. Government fees are very low even if you use optional fast-track services. 

10. No Tax on Foreign Income

Georgia's taxation of individuals is based on territory and foreign-sourced income is not taxable in Georgia even if you become a tax resident of the country. Tax residence certificates may be available to those who spend in Georgia more than 183 days in a year or, in certain cases, to high net worth individuals. 


Obtaining a Georgian residence permit and establishing stronger ties with Georgia can help you to qualify for a non-resident status in your country of origin or other countries and take advantage of the tax benefits available to non-residents. 

11. Inviting Other Foreigners

Once you become a resident of Georgia you are allowed to file invitation letters for other foreigners to support their visa applications. 

12. Government Assistance

Georgian residents enjoy constitutional rights and freedoms, including rights to work, healthcare, social security, education, property and privacy rights, freedom of speech, conscience, religion and belief. Georgia has a number of social programs for its citizens, including government-financed education and medical treatment, welfare benefits for old, disabled and other classes of socially vulnerable people.

Properties Qualifying for Residence


Owning property will qualify you for residence if the market value of the property, as assessed by a qualified appraiser, exceeds $100,000. The average prices in the capital Tbilisi are around US$900 per sq.m., with properties in the center closer to US$1,500. Prices are slightly lower in the second largest city, the seaside resort Batumi. Rental properties are generally more profitable in Tbilisi which hosts tourists all year round, whereas Batumi is popular in summer.

Grid
List

House Didi Digomi

Tbilisi

4Bedroom(s)
9Picture(s)
248
Yard - 1,000 sq. m.
$350,000

Apartment Saburtalo

Tbilisi

2Bedroom(s)
5Picture(s)
300
Two bathrooms, two bedrooms, one cabinet, a large living room, and pantry.
$330,000

Vake District

Tbilisi

2Bedroom(s)
10Picture(s)
90
$128,000

Vake District

Tbilisi

2Bedroom(s)
11Picture(s)
93
Two balconies, two bathrooms, a newly built building with parking space. For sale with built-in appliances and furniture.
$130,000

Vake District

Tbilisi

2Bedroom(s)
6Picture(s)
100
Renovated apartment in a newly constructed building. It has two balconies, two bathrooms, and central heating system. For sale along with furniture.
$110,000

House Didi Digomi

Tbilisi

4Bedroom(s)
8Picture(s)
186
New building
$168,000
    6 Results returned.Per Page

    FAQ on Residence in Georgia and Armenia

    Below is a list of frequently asked questions about residence programs and responses for two jurisdictions: Armenia and Georgia. Questions focus on applications that are based on business ownership and investment in real estate. There may be other ways to qualify for residency (work, studies, etc.)


    Armenia

    Georgia

    Business Owners and Investors

    Can I obtain a residence permit by setting up a new business or investing in an existing business?

    Yes

    Yes

    Are there minimum investment requirements? 

    No

    No, unless you apply for a permanent permit in which case the minimum investment is $300,000

    Are there minimum income requirements?

    No

    Yes, around $315 per month per applicant

    Are there minimum sales or turnover requirements?

    No

    Yes, around $15,000 annually per applicant

    Do I need a work permit?

    No

    No

    Are there restrictions on the type of business I can do?

    No

    No

    Do I need to rent office premises or hire local staff?

    No

    No

    Do I have to register a business and pay business taxes?

    Yes

    Yes

    What is the validity of the residence permit?

    Short-term (one year), long-term (five years) or special (ten years), all extendable

    Up to five years, extendable for up to six years

    Real Property Owners

    Can I obtain a residence permit by purchasing real property?

    Yes, provided that you use it as rental property and register a rental business

    Yes

    Are there minimum investment requirements? 

    No

    $100,000, or if you apply for a permanent permit, $300,000

    General Questions

    Can I apply for residency while I am on regular (tourist) visa?

    Yes

    Yes, unless visa is expiring in less than 40 days

    After how many years I can be eligible for a permanent residence permit? 

    Armenia does not issue permanent residence permits

    After six years (five years if you invest more than $300,000 and meet certain turnover requirements)

    After how many years I can be eligible for a passport?

    Three years

    Ten years

    Is dual citizenship allowed?

    Yes

    No

    How much are the government fees for obtaining a residence permit? 

    $210-300

    $70-150

    How long does it take to get a residence permit?

    30-60 days

    20-40 days

    Do I have to provide any of the following?

    Cell
    Cell

     - Police clearance certificate

    No

    No

    - Medical check certificate

    Yes

    No

    - Bank account statement

    No

    No, unless used to prove income

    - Proof of address

    No

    No

    - Proof of source of income

    No

    No

    - Birth certificate

    No

    No

    - Military records

    No

    No

    - Fingerprints

    No

    No

    Am I required to be physically present in the country to: 



     - file the application for residency?

    Yes, unless applying for special residence permit

    Yes

    - obtain the residence permit?

    No

    Yes

    Is there normally an interview with the immigration officer?

    Yes

    No

    Can family members also qualify for a residence permit?


    Cell

     - Spouse, son or daughter, parent

    Yes

    Yes

     - Brother or sister, grandparent or grandchild

    Only for long-term and special residents

    No

     - Other dependents

    No

    Yes

    Do I have to pay personal taxes to the country after becoming a resident?

    No

    No

    Do I have to serve in the military after becoming a resident?

    No

    No

    If my application for residence gets rejected can I reapply?

    Yes, after one year

    Yes, anytime

    Can the rejection be appealed in court?

    Yes

    Yes

    Georgia and Armenia Overview

    Header

    Area SQ.KM.

    29,700

    69,700

    PopulatioN

    2,962,000

    3,714,000

    Capital:

    Yerevan (1,075,000)

    TBILISi (1,114,000)

    Religion:

    christian (94.8%)

    christian (88.1%)

    lANGUAGE: 

    Armenian

    georgian

    LITERACY RATE: 

    99%

    99%

    Climate:

    SUMMER 33C

    WINTER 4C

    SUMMER 31C

    WINTER 8C

    Currency:

    DRAM ($1 = 491 AMD)

    LARI ($1 = 3.18 GEL)

    Average Salary:

    $387

    $415

    GDP Growth:

    7.6%

    5.1%

    GdP per capita:

    $4,173

    $4,763

    Unemployment:

    18%

    12%

    Inflation:

    1.7%

    4.3%

    Georgia and Armenia in International Rankings

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    Copyright 2020 - Vardanyan & Partners LLC

    Nerses Isajanyan

    Managing Attorney
    LL.M. Georgetown University
    New York Bar | Armenian Chamber of Advocates

    We are a team of licensed lawyers based in Armenia and Georgia. Our primary commitment is to provide quality service to clients at a compelling value that helps manage risk, overcome regulatory issues and advance their personal and business goals. 


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    Nerses Isajanyan

    Attorney

    LL.M. Georgetown University

    New York Bar | Armenia Chamber of Advocates

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