Georgia’s immigration or residency rules changed in the month of July with the purchase of the real estate in Georgia and investment in Georgia. The most important changes in the 2019 rules include increasing the minimum property purchase rate for Georgian residence from $35,000 USD to $100,000 USD or changing the minimum investment amount in Georgia for permanent residence in Georgia from 300,000 GEL to $300,000 USD.
One of the biggest benefits of Georgia’s residency law changes in July 2019 is the elimination of the simulative residency and the granting of residency to investors, real estate buyers, and real-time residents.
During this time, GeoVest Holding has organized itself by carefully studying and mastering the new rules of residence in Georgia, and after solving the legal problems of residence in Georgia, by defining the policy of obtaining residence in Georgia by investing in Georgia, the way for real estate buyers in Georgia or capital Passers-by in Georgia facilitated.