Georgia is a modern and fast growing country with rich history and traditions, beautiful nature, excellent cuisine, low taxes, low crime rate, and low cost of living. Georgia offers visas, residence permits and tax residency status to investors, property owners, entrepreneurs, freelancers, workers and their family members, with a path to citizenship

All foreigners residing in Georgia are required to extend their residence cards 40 days before the expiry date.

depend on types of residence permit that you have or you want to get, Labor residence permit, residence permit for study, permanent residence permit, residency through purchasing a property or residency through investing and running a business…

you need to prepare the required documents and hand over them to The Ministry of Justice of Georgia(Justice House)

Documents are required for extending Georgian residence:

Labor residence permit: 

. The document evidencing employment or business activity (Labor contract or other employment documents) 

. ID card and passport 

. An application in the established form  

. A notice from a bank reflecting the amount available in the personal account (50000 Gel)

the amount shall not be less than 50000 Gel). 3*4 photographs

Temporary residency through purchasing a property:

. Auditor’s opinion confirming the value of the property (Minimum $100,000)

. Property ownership certificate.

. Photographs (3x4cm)

. Application form

. ID card and passport . Government fee, payment receipt

Permanent residency through investing:

.Auditor’s opinion confirming the value of the investment (Minimum required $300,000)

. Government fee payment receipt

. Application form

. Photographs (3x4cm). ID card and passport

In the following we want to make sure that you know some benefits of doing business in Georgia:

READ MORE:  Things To Consider Before Doing business In Georgia

The first and most important advantage of registering a company in Georgia is that it enables you and your family to obtain residency as soon as you complete the administrative steps and register the company.

Fortunately, in Georgia, the administrative process is very fast and easy.

Registration of a company in Georgia is done in the shortest possible time and at the lowest cost.

The amount of tax paid to the government by the investor is very justifiable.

Labour cost is very cheap.

If you want to extend your business in a wider segment, you will have easy access to the markets of European countries.

You no longer have to worry about the devaluation of your currency because inflation in this country is controlled, which is why Georgia is economically stable.

It should be noted that if you intend to do economic activity in Georgia, enter the company registration process, otherwise choose other ways to get a residence permit.

In case you have any question regarding extending your Georgian residence or how to run your own business in Georgia don’t hesitate to contact our consultant in Ava Georgia.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *