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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.
To qualify for a permanent investor residence permit you will need to create or invest in a Georgian business that meets minimum turnover requirements.
Fact sheet
- Program type
-
Investment
Investment programs require that you make an initial investment in the country along sometimes with a minimum turnover.
- Residency type
- Permanent residency
- Minimum investment
- $300,000
- Minimum yearly income
- $120,000
Requirements
To qualify for a permanent investor residence permit you will need to invest at least $300,000 in the Georgian economy. The permit is initially issued for a period of 5 years, after which it becomes permanent, provided that you have maintained your investment throughout this period.
The business will also need to meet the following minimum annual turnover requirements to allow you to maintain your permit and remove the condition after 5 years.:
- $50,000 on year 1
- $100,000 on year 2
- $120,000 on and after year 3
If you do not meet these requirements your residence permit will be revoked.
Renewal
The permit is initially issued for a period of 5 years, after which it becomes permanent, provided that you have met the turnover requirements during that period.
Residency for dependents
If you hold a Georgian residence permit your family members also can apply for a residence permits for family reunification.
The following are considered family members:
- Spouse
- Son or daughter (minor and adult)
- Parent
- Minor, supported or incapable person under guardianship/custody of or fully dependent on the main applicant
A residence permit for family reunification is issued if documents are presented showing the kinship (e.g. marriage certificate, birth certificate) and availability of financial means (income or savings) to support the family members.
A residence permit for family reunification is normally issued for a term of up to one year, and can be extended for another 5 years (6 years in total), after which it can be converted into a permanent residence permit.