Real Estate Short Term Residence Permit

program type Real Estate
residency type Temporary residency
Batumi, Georgia

Home / 🇬🇪 Georgia / Real Estate Short Term Residence Permit

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.

The short-term residence permit allows you to become a resident of Georgia for a year, renewable for as long as you hold a property title worth $100,000 or more.

Fact sheet

Program type
Real Estate

Real Estate investment residency programs are programs granting you residency in exchange to investing in real estate properties in the country.

Residency type
Temporary residency (1 year)
Minimum investment
$100,000

Requirements

To qualify for a short-term residence permit you will need to become an owner of real estate, such as an apartment, house, development land or any other residential or commercial property (but not agricultural land) worth $100,000 and more.

The value of the investment has to be verified by an independent auditor. A short-term residence permit is valid for one year.

Renewal

After the first year, permit can be extended by one-year increments for another 5 years, after which it can be converted into a permanent residence permit, provided that the investment remains in place.

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.

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