Georgia · Residency by investment

Temporary and Permanent Residence Permits on the Basis of Investment or Property Ownership

Reformed Last verified July 2026

The rules were reformed with effect from 1 March 2026. The property threshold for a one-year temporary residence permit rose from USD 100,000, where it had stood since 2019, to USD 150,000. The USD 300,000 investment route to a five-year permit is unchanged. The threshold is measured on the combined market value of all properties owned, assessed by accredited appraisers, not on any single purchase.

It is cheap, fast, and carries no presence requirement. It also supplies the residence-permit limb of the HNWI tax residency test, which is usually the real reason a UHNW family buys it. As an immigration product, it is weak. As the cheapest credible anchor into a territorial tax system, it works well.

Qualifying routes

$150k

Property ownership — short-term residence permit

1-year renewable; raised from USD 100k on 1 March 2026; aggregate value across properties permitted

$300k

Investment residence permit

This is a 5-year permit covering the investor, spouse and minor children. You can qualify through real estate or a business investment. After 5 years of maintained ownership, it leads to indefinite residence.

The facts

Minimum investment: $150k
Total landed cost: Expect the USD 150k or 300k investment itself, plus roughly USD 3–7k in appraisal, legal, translation and government fees for a family. Georgian property transaction costs are low. There is no significant transfer tax, a genuine advantage over Türkiye.
Route type: Residency by investment
Timeline: 1–3 months (The Public Service Hall moves fast by regional standards. For a complete file, 30 days is typical.)
Physical presence: There is no minimum stay required to hold or renew a property-based permit. Naturalisation, by contrast, demands near-continuous presence.
Family: SpouseMinor children
Permanent residency: A permit for indefinite stay after 5 years of maintained ownership on the USD 300k investment route.
Citizenship: The rule calls for 10 years of continuous residence. In practice, this route is closed to most applicants, because dual citizenship is not permitted.
Language test: Georgian language, history and law examinations.
Dual citizenship: Not permitted. You would have to renounce.
Requirements: property valued by an accredited appraiser at USD 150k (1-year) or USD 300k (5-year), registered in the Public Registryclean criminal recordproof of legal source of fundsvalid health insuranceapplication through the Public Service Development Agency

What can go wrong

THE THRESHOLD JUST MOVED, AND MAY MOVE AGAIN. USD 100k held from 2019 to 1 March 2026, then rose 50% to USD 150k with limited notice. The government's stated rationale, an imbalance between foreign entries and formal registrations, suggests further tightening may follow.
CITIZENSHIP IS EFFECTIVELY OFF THE TABLE. Georgia does not permit dual citizenship, except by Presidential grant on state-interest grounds. A naturalising applicant must renounce their existing nationality. Ten years of residence, a language exam, a history and law exam, and then surrender of your existing passport. This is not a citizenship route for a UHNW family, and it should not be sold as one.
CONTINUOUS RESIDENCE FOR NATURALISATION MEANS UNDER 90 DAYS ABROAD PER YEAR. That is incompatible with the no-presence proposition that draws people to Georgia in the first place. The two Georgian value propositions, zero presence and eventual citizenship, are mutually exclusive.
GEORGIAN PROPERTY IS A THIN MARKET. It is priced in lari, concentrated in central Tbilisi and Batumi, and heavily exposed to a construction pipeline built for a Russian-relocation demand shock that has since faded. Exit liquidity at USD 300k is not assured.
From 1 January 2026 all foreign nationals entering Georgia must hold travel medical insurance covering the full stay, with minimum cover of GEL 30,000 (Decree No. 602 of 26 December 2025).
OCCUPATION AND POLITICAL RISK. Roughly 20% of Georgia's territory is under Russian occupation, and EU accession is effectively frozen. This is a frontier jurisdiction with frontier risk, whatever its tax code says.

Sources (2)

Path to permanent residence and citizenship

Permanent residency. A permit for indefinite stay after 5 years of maintained ownership on the USD 300k investment route.

Citizenship. The rule calls for 10 years of continuous residence. In practice, this route is closed to most applicants, because dual citizenship is not permitted.

Language test. Georgian language, history and law examinations.

Dual citizenship. Not permitted. You would have to renounce.

Frequently asked

How long until citizenship through the Temporary and Permanent Residence Permits on the Basis of Investment or Property Ownership?

The rule calls for 10 years of continuous residence. In practice, this route is closed to most applicants, because dual citizenship is not permitted. A language requirement applies: georgian language, history and law examinations.

What does the Temporary and Permanent Residence Permits on the Basis of Investment or Property Ownership cost?

The minimum qualifying investment is $150k. Expect the USD 150k or 300k investment itself, plus roughly USD 3–7k in appraisal, legal, translation and government fees for a family. Georgian property transaction costs are low. There is no significant transfer tax, a genuine advantage over Türkiye.

How much time must I spend in Georgia?

There is no minimum stay required to hold or renew a property-based permit. Naturalisation, by contrast, demands near-continuous presence.

Who can I include in the application?

Spouse; Minor children.