Residence permit in Georgia (through real estate): how to get, conditions

More and more people are interested in obtaining a residence permit in Georgia. This country attracts with its welcoming atmosphere, magnificent landscapes and low real estate prices. One of the most affordable ways to get a residence permit in Georgia is to buy real estate. In this article, we will look at the requirements for buying real estate for a residence permit, the application procedure, the cost and processing time of the application, obtaining and using an ID card, as well as the rights and restrictions related to a residence permit in Georgia.

Requirements for buying real estate for a residence permit

To obtain a residence permit in Georgia through the purchase of real estate, it is important to consider some requirements. First, the minimum investment in real estate must be from 100,000 USD. This can be either a single property or several properties, the total value of which reaches the specified amount.

It is important to note that the value of real estate is estimated on the basis of an official purchase and sale agreement, which is drawn up in the Public Registration service of Georgia.

In addition, the property must be registered in the name of the applicant or his/her spouse. If the property is purchased jointly with other persons, each of the owners is eligible for a residence permit if his/her share in the property is at least 100,000 USD.

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It's also worth considering that when you buy nedvIn order to buy a property in Georgia, it is necessary to pay the ownership transfer tax, which is 1% from the value of the property.

An important condition is that the property must be free from encumbrances and restrictions. Therefore, it is recommended to conduct a thorough check of the property and its legal integrity before purchasing it.

Compliance with all these requirements will help you easily obtain a residence permit in Georgia through the purchase of real estate.

Procedure for applying for a residence permit

Applying for a residence permit in Georgia is a process that requires care and accuracy. The main steps of this process and the list of required documents are presented below.

Stage 1: Preparation of documents

The first step is to prepare all the necessary documents. You will need the following set of documents::

1. Application for a residence permit.
2. A copy of your passport.
3. Certificate of non-criminal record.
4. Documents confirming your legal stay in Georgia.
5. Documents confirming financial independence.
6. Documents confirming the purchase of real estate.

Stage 2: Notarization and translation of documents

All documents must be notarized and translated into Georgian. This is an important step, as incorrectly executed documents can lead to refusal to grant a residence permit.

Step 3: Applying

Once all the documents are prepared and properly executed, you can apply for a residence permit in Georgia. The application is submitted to the Georgian Passport and Visa Service.

Stage 4: Waiting for a decision

After submitting the application, you can only wait for the decision. The application review period may be from 20 to 30 business days.

Following this procedure and submitting a complete set of documents will help you successfully obtain a residence permit in Georgia.

Cost and terms of application processing

Obtaining a residence permit in Georgia through the purchase of real estate involves certain costs and takes some time.

Application fee

The cost of applying for a residence permit in Georgia is about 210 US dollars. This amount includes the state fee, which is about $ 100, as well as payment for the services of a notary and an interpreter.

In addition, you should also consider the cost of buying real estate. The minimum amount of investment in real estate should be 100,000 USD.

Application processing time

Processing of a residence permit application takes from 20 to 30 business days. However, it is important to note that the time frame may vary depending on the specific situation and the workload of the immigration service. If your documents require additional verification or if the service is overloaded, the process may take longer.

Therefore, it is recommended to submit documents in advance and take into account possible delays. Please also note that after the application is approved, you will need some more time to get your ID card.

In general, the process of obtaining a residence permit in Georgia requires some financial costs and time, but with the right approach and careful preparation, it becomes quite feasible.

Getting and using an ID card

Obtaining an ID card is an important step in the process of obtaining a residence permit in Georgia.

After your residence permit application is approved, you will receive an ID card. This is an official document confirming your status as a resident of Georgia. Receiving an ID card usually takes about 10 business days after the application is approved.

The ID card is issued for the duration of the residence permit and must be updated along with the renewal of the status. To update your ID card, you must submit an application and pay a state fee.

The ID card allows you to take advantage of all the benefits of being a resident: open bank accounts, receive medical services, participate in government programs, etc.

In addition, with an ID card, you can freely move around the territory of Georgia and return to the country without the need for a visa.

Timely receipt and updating of the ID card is extremely important. Late renewal of the ID card can lead to fines and even refusal to renew the residence permit.

Temporary and permanent residence permit

A temporary residence permit in Georgia is issued for a period of 1 to 5 years and can be extended. This status provides ample opportunities for living and working in the country, but requires certain conditions to be met, such as staying in the country for at least 183 days a year.

After 5 years of staying in the country on the basis of a residence permit, you can apply for a permanent residence permit. This status provides more benefits, but requires more strict compliance with the conditions of stay in the country.

With a permanent residence permit, you get more freedom and rights, including the right to freely enter and leave the country, the right to work without obtaining a work permit, and the ability to attract family members.

However, to obtain a permanent residence permit, you must confirm your financial independence and a stable source of income in Georgia. In addition, you will need a criminal record certificate and a medical certificate.

It is important to note that when switching from a temporary residence permit to a permanent one, you may be asked for additional proof of your residence and financial activity in Georgia. Therefore, it is recommended to keep detailed records of your stay and financial transactions in the country.

Family residence permit

A residence permit in Georgia can be extended to a spouse and dependents, making this option particularly attractive to married couples and families with children.

To obtain a residence permit for family members, you must provide additional documents confirming family ties. These can be marriage certificates, birth certificates of children, documents confirming family ties, etc.

It is important to note that all documents must be notarized and translated into Georgian.

The cost and terms of processing the application for family members are the same as for the main applicant. This means that for each family member for whom you want to get a residence permit, you will have to pay a separate state fee.

The application processing time may also vary depending on the specific situation and the workload of the immigration service.

Obtaining a residence permit for the whole family allows you to create stable living conditions in Georgia, ensuring that all family members have the right to live, work and study in the country.

Restrictions and opportunities for a residence permit

A residence permit in Georgia offers many opportunities, but also has some limitations.

Holders of a residence permit in Georgia have the right to work, study, medical care and other social services. They can freely move around the country and return to the country without the need for a visa.

Residence permit holders can also involve their spouses and dependents to obtain a residence permit, which makes this option particularly attractive for families.

However, the residence permit also has some limitations. Residence permit holders cannot vote in elections or hold public office. They must also live in the country for at least 183 days a year to maintain their residence permit status.

Obtaining a residence permit is the first step towards obtaining Georgian citizenship. After 10 years of residence in the country on the basis of a residence permit, you can apply for citizenship. This process requires meeting additional conditions and providing additional documents, including a criminal record certificate, proof of financial independence, and successful completion of the Georgian language and History test.

Recommendations for hiring an immigration specialist

The process of obtaining a residence permit in Georgia through the purchase of real estate, despite its straightforwardness, requires knowledge of the specifics of the Georgian immigration legislation and attention to detail. In this context, hiring an immigration specialist can be a crucial factor for successfully completing this process.

Why is it important to hire a specialist?

1. Knowledge of legislation: The immigration legislation of Georgia has its own peculiarities and nuances. The immigration specialist has all the necessary information and knows how to properly process all documents and how to avoid possible mistakes.
2. Save time: Hiring a specialist can significantly reduce the time required to prepare and submit documents, as well as speed up the process of obtaining a residence permit.
3. Help at all stages: A specialist will accompany you at all stages of the process, from preparing documents to receiving an ID card.

How do I choose a specialist?

When choosing an immigration specialist, you should consider several important points::

1. Work experience: Please note the experience of a specialist in the field of immigration law in Georgia.
2. Customer reviews: Reviews from previous clients can give you an idea of the quality of the specialist's work.
3. Price of services: The cost of specialist services should be competitive and correspond to the quality of services provided.
4. Personal communicationA: It is important that you are comfortable communicating with your specialist and they are ready to answer all your questions.

Hiring an immigration specialist can greatly facilitate the process of obtaining a residence permit in Georgia and help you avoid many problems and difficulties.

Conclusion

Obtaining a residence permit in Georgia through the purchase of real estate is a great opportunity to start a new life in a country with a rich culture, attractive climate and friendly people. With the right approach and compliance, this process can be simple and fast. If you have any questions or need help, please contact our reliable immigration specialists.