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Investment residence permit from USD 300,000, permit for an apartment from USD 150,000, renewal without a new valuation

Under Article 15 of the Law on the Legal Status of Aliens, an investment residence permit is granted for an investment of USD 300,000 or more (with an audit report) or for non-agricultural property worth more than USD 300,000; a turnover of USD 50,000 is required in the first year, USD 100,000 in the second and USD 120,000 in the third and later years. A short-term residence permit for property starts from USD 150,000 (Law 865, since March 1, 2026). Law 1803 (since September 1, 2026): when the permit is renewed, an owner who still holds the property does not need a new valuation, and renewals of temporary permits are limited to 12 years. The fee is GEL 300, 450 or 600 depending on the term; a property owner can get a permanent permit after 5 years.

What this changes in the calculation

The yield does not change.

Source
Matsne (Legislative Herald of Georgia)
Status
verified
Published

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