Embarking on the journey to obtain a Georgian residence permit through real estate investment is a straightforward process. Here's a step-by-step guide:
- Open to Russians and Belarusians.
- The residence permit is valid for one year.
1. Property Purchase: Acquire real estate with a minimum value of $100,000 (whether primary or secondary).
2. Property Rights: Ensure the property right is duly registered in the Public Register of Georgia.
3. Certified Appraiser: Obtain an appraisal from an appraiser certified by the Ministry of Justice.
- The main applicant's residence permit extends to all family members, including spouse, children, parents, and siblings.
Step 0 (Optional): Consultation with a Lawyer
- Seek legal advice for property verification and document preparation, if preferred.
Step 1: Real Estate Purchase
- Register the purchase and sale agreement at the House of Justice, with the presence of the buyer and seller.
Step 2: Agreement Registration
- Complete the registration of the purchase and sale agreement at the House of Justice.
Step 3: Appraiser's Conclusion
- Obtain an appraisal from a Ministry of Justice-certified appraiser.
Step 4: Application Review
- Submit the residence permit application. Ensure to inform the Ministry of Internal Affairs in your home country within 60 days.
Step 5: Binadroba Issuance
- Receive the binadroba, a Georgian identity card with an ID number, issued free of charge.
