Can Foreigners Buy Property in Georgia

Georgia has become one of the most attractive real estate markets for foreign investors due to its investor-friendly laws, affordable property prices, and strategic location between Europe and Asia. Whether you’re looking for a rental property, a second home, or a commercial investment, Georgia offers excellent opportunities.

This guide will walk you through the rules, property types, buying process, and investment benefits of purchasing real estate in Georgia as a foreigner. Additionally, real estate investment in Georgia and explore must-visit places in Tbilisi.

Can Foreigners Buy Property in Georgia 

Yes, foreigners can purchase property in Georgia! The country maintains an open policy toward foreign investment, allowing non-citizens to own residential and commercial real estate without restrictions. However, there are two key points to keep in mind:

Foreigners cannot purchase agricultural land – Only Georgian citizens or legal entities can own agricultural land.
Minimum investment of $100,000 USD is required for a residence permit – While buying property in Georgia does not automatically grant citizenship, purchasing property worth at least $100,000 allows foreigners to apply for a residence permit.

Top Investment Cities: Tbilisi & Batumi

Tbilisi – The capital city and business hub, offering high rental income potential and strong demand for long-term rentals.
Batumi – A fast-growing tourist and coastal city, attracting both short-term holiday rentals and long-term investments.

Why Invest in Georgia Real Estate?

Georgia is one of the fastest-growing real estate markets in the region, offering excellent returns for investors. Here’s why:

• Affordable Property Prices: Compared to European markets, real estate in Georgia is significantly more affordable, with prices starting at €500–€2,000 per square meter, depending on location.
• High Rental Income Potential:Tbilisi: A vibrant city with a high demand for long-term rentals, attracting students, professionals, and tourists. Batumi: A growing coastal destination with strong short-term rental demand from international travelers.
• Low Taxes & Business-Friendly Environment: Georgia offers low property taxes and an easy investment process, making it one of the most attractive real estate markets for foreign buyers.
• No Residency Requirement to Buy Property: Foreigners can own property 100% in their name without needing residency or a local partner.

Exploring Tbilisi: Top 5 Must-Visit Places

Georgia’s capital city, Tbilisi, is a blend of history, modern architecture, and vibrant culture. Here are five must-visit places when exploring the city:

• Dedaena Park: A relaxing green space in the heart of Tbilisi, known for its peaceful atmosphere, street performances, and cultural events. It’s a great spot for a quiet break in the city.
• Chronicle of Georgia: Also known as “Georgia’s Stonehenge”, this massive monument tells the story of Georgia’s history through towering stone carvings. The location also offers breathtaking views of Tbilisi Sea.
• Clock Tower: A quirky, leaning clock tower built by famous puppeteer Rezo Gabriadze. Every hour, a tiny puppet show takes place, making it a magical experience for visitors.
• Narikala Fortress: One of Tbilisi’s oldest historical sites, this ancient fortress offers panoramic views of the city. Take the cable car ride up for a stunning experience.
• Bridge of Peace: A modern architectural landmark, this glass and steel bridge is one of Tbilisi’s most iconic sights. It’s beautifully illuminated at night, making it a perfect spot for photography.

FAQs About Real Estate in Georgia

• Can foreigners buy property in Georgia?

Yes! Foreigners can fully own residential and commercial properties, except for agricultural land.

• Does buying property in Georgia grant citizenship?

No. However, investing $100,000+ USD in real estate qualifies foreigners for a residence permit.

• How long does it take to register property in Georgia?

Only 1–4 days! Georgia has one of the fastest and most efficient property registration systems in the world.

FAQs About Georgia

•  Is Georgia safe for foreigners?

Yes! Georgia is one of the safest countries in the region, with low crime rates and a welcoming environment for foreigners.

• What is the official language in Georgia?

Georgian is the official language, but English and Russian are widely spoken, especially in business and tourism.

• What currency is used in Georgia?

Georgian Lari (GEL) is the official currency. However, USD and EUR are widely accepted in real estate transactions.

• Can foreigners get a mortgage in Georgia?

Yes, but it’s limited. Some Georgian banks offer mortgages to foreigners, but most purchases are done in cash.

• What are the main investment cities in Georgia?

Tbilisi (capital city) and Batumi (Black Sea coast) are the top investment destinations.

Looking for Expert Real Estate Guidance?

I’m Mesih Ada, a real estate consultant and business developer with years of experience in the property markets of Turkey. Whether you’re looking to buy, sell, or invest, I can guide you through the entire process and help you find the best deals.

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