Temporary Residence Permit in Georgia

For the last few years economy of Georgia has shown substantial growth. A friendly business environment, liberal currency legislation, well-developed banking system, and non-existence of automatic exchange of information with other countries makes Georgia attractive country for life and business.

Citizens of foreign countries have the opportunity to obtain temporary residence permit of Georgia on the following grounds:

Employment. According to the legislation of Georgia, persons who conduct business activity or employed in the country are entitled to temporary residence permit. The easiest way to get temporary residence permit is to become partner of a Georgian company or director.

Investments in Georgian business. Wealthy foreign investors have the opportunity to obtain Georgian temporary residence permit by investments into local business in amount of at least 150 000 US dollars. The temporary residence permit can be also provided to family members and other dependent persons.

Purchase of a real estate. A foreign investor can purchase a real estate in Georgia for 35 000 US dollars, and obtain temporary residence permit for himself/herself and his/her family members and other dependent persons.

Preparation of documents usually takes about couple months.

A foreign investor as well as his/her family members and dependent persons are entitled to obtain Georgian citizenship in 5 years. The legislation of Georgia allows double citizenship.