Obtaining a Residence in Georgia with the purchase of property Getting a residence permit in Georgia by buying a property in Georgia is one of the easiest ways to get a residence permit in Georgia. More importantly, the holder of the residence permit card shall annually provide relevant government bodies the information about the annual turnover of its business activities and shall prove that the annual turnover resulting from business activities exceeds the numbers below: In case the investment residence permit is based on the real estate ownership, the individual shall keep the ownership of the property which was the basis of issuing the residence permit, in order to keep the residence permit, or otherwise replace the property by satisfying the same requirements. Only minimum documents are required. All these residence permits are temporary until after 5 years when investors can apply for permanent residence permit. Second option requires your company to have turnover around $17,000 per one foreign employee (e.g you) before you can apply for residency. I'm talking about residence permit. As of December 14th 2020, this amount is. A foreigner is obliged to apply to the Agency with a request for a residence permit 40 calendar days before the expiration of his / her legal stay on the territory of Georgia. Integrated Product Library; Sales Management Georgian language skills are examined by a special commission through testing; Anyone who enters the Georgian state with a valid passport (or ID card for EU/Swiss/Turkish or Ukrainian citizens) and visa (where required) may ask for a temporary residence permit which may be extended up to a period of 6 years. The work residence permit is granted to individuals who are coming to Georgia due to their entrepreneurial or labor activities. Residence permit in Georgia; Getting a residence in Georgia is relatively easy. In less than 2 days, register your company, your personal and business bank accounts, activate them in 2 days and start your business. However, if they are applying to extend a current residence permit, they can submit an online application from abroad. A foreigner who has been rejected and not granted a residence permit in Georgia has the right to reapply on the same grounds at least one month after the decision to reject the first application has been made. Residence permit of a former citizen of Georgia is issued to a foreigner whose Georgian citizenship has been previously terminated. For purposes of this subclause, spouse, underage child of an alien, legally incapable or disabled person dependent on the alien are considered to be family members of the alien. To grant a short-term residence permit, the market value of the real property shall be established by a certified assessor of a body accredited by the Legal Entity under Public Law Unified National Accreditation Body – Accreditation Centre. Copy of a travel document of the applicant (property owner); Copy of a document certifying the applicants’ legal stay in Georgia (with at least 7 days validity – though they sometimes request 40 days); A document proving that the applicant owns the immovable property with the value exceeding GEL equivalent of 100,000 USD in the territory of Georgia. Aliens holding a Georgian residence permit or a temporary residence permit of a refugee or a person with humanitarian status for the entire period of the above mentioned documents validity. You’ll learn: Disclaimer: This webinar was recorded shortly after the new legislation was released on Dec 16th 2020. Residence permit and residence card. More importantly, the founder or founders’ monthly income from this business activity shall not be less than five times the amount of Georgian Citizen’s minimum wage. Up until December 2020, there were two different types of residence permits in Greece. Upload the required documents electronically – as listed above depending on the type of permit you are applying for. The total value of your investment must to be verified by an independent Georgian auditor. 110.000 EUR) in the Georgian economy in the form of i.e. By buying a property in Georgia and investing in real estate in Georgia you can obtain a residency for all family members. Then, pay the rest of our service fee only after successfully arriving in Georgia. In this case, the residence permit can also be obtained by family members of the investor. issued to an alien who has been assigned the status of a victim under the Law of Georgia “On Elimination of Domestic Violence, Protection and Support of Victims of Domestic Violence”. It does not, however, entitle the holder to a Georgian passport, with access to the Schengen Area. Notice which states the total number of foreign employees in the company. Contact the immigration agent via skype with the handle “sda.gov.ge” and arrange to speak to them in person and to fill in the online application. See our residency application service. Temporary Residence permit. Once your petition is approved you can get your Georgian residence permit in a matter of days. issued to an alien whose Georgian citizenship is terminated. You can get the answer on your application within a maximum of 30 days and a minimum of 10 days. issued to an alien, under the procedure established by the legislation of Georgia, has the right of ownership of real property within the territory of Georgia (other than agricultural land) with its market value exceeding 100,000 USD (equivalent in laris), and to his/her family members. Residence permit for education. For any temporary residence application your current document proving you are legally in the country (Passport stamp, previous temporary residence permit, visa etc) must have at least 40 days validity remaining. It is not currently possible for foreigners to obtain Georgian passports, except in vary exceptional circumstances. Make a purchase of the real estate in Georgia in the amount of not less than 100 000 us dollars. At the end of 1-year, the investors must present the document that they still hold a property with a minimum value of 100,000 USD. To invest in a business project in the territory of Georgia in the amount of 150 000 US dollars or more. The residence card is an identity document certifying an identity of a foreigner living in Georgia, their citizenship and their place of residence in Georgia. OR the applicant can show they have a Georgian bank account with a total amount exceeding 400 GEL times the number of months of the duration of the permit (ie. Receipt certifying payment of the service fees. 3. For the first application, a translated version is normally required. Copy of a document certifying the applicants’ legal stay in Georgia (with at least 40 days validity); Document certifying employment or entrepreneurial activity with net income of at least 5 x Georgian subsistence income per month (labor contract or any other document certifying employment or business ownership). . Then, pay the rest of our service fee only after successfully arriving in Georgia. Residence permit authorizes the right of a foreign citizen to enter and stay in Georgia or transit the territory of Georgia during the term of validity of residence permit. How To Move Your Taxes To Georgia, Tax Liability For Foreign Business Owners Living In Georgia, Debunked: The Myth Of Tax Free Foreign Income, A document stating how many foreigners are working with IE or in LLC (Signed by a company director and the company accountant), Copy of document proving legal stay in Georgia – with 40 days validity. For students and family reunification, the sufficient funds requirement is lower than the work permit. Visit our residence permit application procedure page to get all the information you need regarding the application process: the requirements for the different types of residence permit, the documents you will need and the costs involved.. Do I need a work permit as well as a residence permit? Need help with your residency application, See our residency application service. It also authorizes a holder to invite another foreigner to Georgia. In particular, he requested the minimum amount for investment to be 100,000 USD in order to obtain a residence permit in Georgia. issued to a person whose status of stateless person has been established in Georgia. It is renewed annually and after 10 years you can apply for permanent residence. For renewal, so long as you use the same passport, simply a photocopy or the original is sufficient. Copy of a travel document of the applicant (normally a passport); A document proving the relationship (might be a marriage or birth certificate); Proof of income or sufficient funds. Residence permit and residence card. What type of Georgia’s residence permit applies to investors? For any temporary residence application your current document proving you are legally in the country (Passport stamp, previous temporary residence permit, visa etc) must have at least 40 days validity remaining. Get everything!. The process for applying for residency permits and the types of permits supplied by the Greek government has recently been amended. They may record the interview. The total value of your investment must to be verified by an independent Georgian auditor. Fast, Easy and Inexpensive Process The process of obtaining a residence permit normally takes less than a month. To get a permanent residence permit by investment you will need to invest at least 300,000 GEL (approx. 2. Consultation Request. Getting a residence in Georgia is relatively easy. The investor in this case receives a 5-year temporary residence permit. Once a job is obtained, an investment made, start an economic activity, you can apply for the Residence permit. Briefly, Investment Residence permit applies to those who have the following criteria: Applying through this permit will grant a 5-year, temporary residency permit for the investor. The process of registering your company in Georgia is very simple: There are certain figures which are important for an investor’s company. ), photo 3×4, proof of legal stay in Georgia (if applicable). Government of Georgia announces the minimum salary every year. Sterling made business registration easy and comfortable for you. Wages should be at least 5 x Georgian subsistence income per month. During these 5 years, foreign investors must show that their investment is active and meets the Georgian governments requirements. issued for the purpose of study at educational institutions accredited in Georgia. The application and the required documents must be submitted in Georgian, English or Russian. You should submit documents and make your application at your. Receipt certifying the payment of service fees. Extension is not possible for ordinary passport holders. Within 1 month after receiving a residence permit in Georgia, a foreigner should apply for a residence card at any territorial office of the Public Service development agency, branch of the Public Service Hall, or Community Centre. Imagine a world, where you can see real videos of the university, its admission requirements, tuition fees, and get quality support from admission officers from the comfort of your home. In this case, the residence permit can also be obtained by family members of the investor. Investment and residence permit. We explain all the above options from this article in greater detail, including clarification on some key points that those trying to apply for residency often get wrong. The process is simple. The application and the required documents must be submitted in Georgian, English or Russian. Some items discussed relating to that (the July 1st extension) may no longer be relevant in the future, but are still relevant as of December. Here are As many expatriates living in Georgia know, the mayor of Tbilisi, Kakha kaladze has recently put forth a set of amendments for the Georgian parliament to change the residency law for foreign citizens. The investor can apply for this type of residence permit only after this 5-year period. The visas described above are all used for immigration purposes. Georgian government intends to offer investors the following conditions for obtaining a residence permit: Invest in the national economy or the real estate market (apart from the investments into rural land plots) of Georgia starting from and not less than 300,000 dollars. A document certifying a legal and uninterrupted stay in Georgia is a Georgian visa, a residence permit or card, or a stamp bearing the date certifying the crossing the Georgian state border; Should know the state language to the pre-defined level. Founded company’s annual turnover shall exceed 50,000 GEL (which is equivalent to 17,000 USD as in September 2019). If you are employed at an educational institution or medical facility, their total turnover should exceed 35,000 GEL per applicant. It means that a foreign citizen to obtain residency must purchase a property at the minimum value of 100,000 USD to be eligible for a one-year residency card. Such instances are specified in the Law of Georgia on Combating Human trafficking. Additional extensions can be issued but the total period of issuance of a temporary residence permit in Georgia should not exceed 6 years. Obtaining Georgia permanent residence is possible after a certain amount of time and by complying with the general conditions for having held a residence permit in Georgia for a minimum number of years. See our residency application service. According to the current legislation (in 2019), this type of residence permit lasts for 1 (one) year, but the term may change within 1 (one) month because Georgian government has to make relevant changes in the subordinate acts. "How can I get a residence permit in Georgia?» There are several options : 1. All new (first time) applications should be done within Georgia. The family has had countless layers of global real estate experience in the world’s dynamic market, witnessing over decades on decades of changes in the real estate cycle. Bank account statement that the director has minimum of 11,000 GEL (3750 USD) net on the account. Receipt certifying the payment of service fee for application. You or your sponsor can apply for the MVV and the residence permit simultaneously before you travel. https://georgiawealth.info/en/how-to-get-a-residence-permit-in-georgia Nationals of 94 countries have visa-free stay of 365 days (check the full 94-country list to see if you’re lucky). In certain circumstances you may be able to apply for a residence permit at the local Foreigners Office (Ausländerbehörde) if you are in Germany on a valid visa. Managing Partner @ ExpatHub.GE | Expert on Tbilisi/Georgia re-location, visas/residency, business, food, wine and more. Document showing total turnover of the LLC or Individual Entrepreneur, as detailed above. Each non-EU/EEA applicant will need to have: A work and residence permit; Tax deduction card; ID-number and ID-card; Personal income tax Located in Central Europe, Austria is a beautiful country, that offers quality higher education. Freelancers also follow under this category. Photocopy of a document evidencing termination of Georgian citizenship. 925.681.2326 Option 1 or 866.386.6571. Extensions can also be done at the public service halls. issued for entrepreneurial or labor activities in accordance with the rule prescribed by the legislation of Georgia. Within 10 days of making the application, notarised and translated (to Georgian) copies of the documents must be delivered to the immigration office 67 A. Tsereteli Avenue, 0154, Tbilisi, Georgia (please double check the address with the agent you speak to on skype in case they need documents sent to a different address), 1% Tax? During these 5 years, foreign investors must show that their investment is active and meets the Georgian governments requirements. Get Georgian residence Permit. Turnover (within any 12 month period) of the sponsoring LLC or IE should exceed 50,000 GEL for each foreigner seeking a work residence permit. Previously from the UK, now a full time expat in Tbilisi. Temporary and Permanent Residence allows the holder to stay in Georgia throughout the duration of the residence period granted. New regulations on residence permits in Georgia entered into force on 5 July. As listed in the relevant sections above. Notice from the Revenue Service that company has minimum of 50,000 GEL (17,000 USD) turnover per year. If the applicant has a relative who has the income in Georgia, the applicant might use a document that shows income of the relative submitted with the relevant document proving the relationship between those two), Details on the most important elements of the 4 main types of residency application, Tips for a successful residency application, 6 unique residency “hacks” if the standard methods will not easily work for you. Temporary residence permit goes to an alien whom it is impossible to exile from Georgia in one of the following cases: a person is persecuted for political belief or an action that is not considered to be a crime in accordance with the legislation of Georgia; a person is persecuted for protection of human rights and freedom, progressive social, political, scientific and creative activity; life or health of a person is under threat or when the basis for deferment of exile of an alien is still valid after 30 days following deferment of exile or when a person cannot be identified or when none of the states consents to receive them. After 6 years of renewing temporary residency, the investor can get permanent residency permit. First time applications must be made from within Georgia. 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