Property Investment in Georgia: Why is the Country So Attractive?

When we talk about the best international real estate opportunities in the world, Georgia is definitely one of the most promising lands for making money. If you want to know why it is such an attractive country in terms of property investment, here are the top 5 reasons for you –

Managing Business in Georgia is Easy

As an investor, I would prefer a real estate location that offers minimum hassles in my way, and this is the best part about Georgia. The Georgian government does not offer resistance and encourages foreign investment in the country.

Doing business is much easier in Georgia than in other European countries. Not to forget, it is one of the most incredibly low tax markets in the world. You can easily set up your bank account or even a company in Georgia in a few minutes and get your real estate registration done within a day. Also, the country has one of the world’s most liberal visa laws.

There aren’t any foreign ownership restrictions in the country and features a minimal bureaucracy. You might not believe it, but you don’t have to pay property tax after two years of owning the property, and the stamp duties are quite easy too.

Raising Tourism Numbers

Georgia is already well known for its scenic landscapes, mountain ranges, and friendly citizens. Therefore, the country has seen enormous growth in the number of tourists in the past few years. 

Growing tourism is a sign of huge opportunities in the market and allows investors to make the most out of their investments.

Cheap Real Estate

Georgia might be witnessing high tourism numbers, but its real estate is surprisingly affordable. It is one of the cheapest places in terms of real estate in all of Europe, and you can buy real estate for under $1,000 per square meter- even in the capital city of Tbilisi.

As the country gets more popularity and more foreign investment, the figures are definitely going to boom in the next few years. So, the best time to buy property in the region is- now.

Plenty of Investment Opportunities

The investment opportunities in Georgia aren’t limited to buying real estate in the region.

According to real estate professional John Dodelande, Georgia is a land with tremendous growth opportunities for investors. If you are considering buying real estate in the country, you can further develop it into any industrial or service area, such as providing medical facilities or creating leisure, adventure, or hospitality destinations. 

If you search for such opportunities, you can surely build a fortune for yourself in this beautiful land.

Permanent Residence Possibility

One of the best things about Georgia’s real estate investment offerings is that you can manage your property by living there.

If you invest $100,000 or more in real estate in Georgia, you can easily get permanent residence in the county and receive benefits like a native Georgian. Plus, the cost-effective lifestyle, beautiful climate, and healthy neighborhood make it one of the ideal places for living in the whole world. 

Hence, you can’t just invest in Georgian property but also make it your second home without any trouble.

(Visited 7 times, 7 visits today)

Last modified: November 17, 2021

Previous Story:
Emerging New Trends in Construction Industry

What do you think?


Written by Viral

Content AuthorVerified User

Leave a Reply

GIPHY App Key not set. Please check settings

A quick peek into vinyl vs. mesh banner

Legal Steroids – Use Legal Steroids to Stay Fit and Healthy