A Guide to Immigrating to Georgia from the EU
Georgia is fast becoming a popular destination for individuals from the European Union looking for new opportunities. With its business-friendly environment, stunning landscapes, and relaxed visa requirements, many Europeans are choosing to relocate to Georgia for both professional and personal reasons. This guide will walk you through the key steps and opportunities for EU citizens seeking to move to Georgia.
Why Move to Georgia from the EU?
Georgia offers several appealing benefits for EU nationals:
- Visa-Free Entry for 1 Year: EU citizens can stay in Georgia for up to 365 days without a visa, making it an excellent option for long-term stays, business activities, or exploring residency options.
- Low Cost of Living: Compared to most European countries, Georgia boasts an affordable cost of living, allowing expats to enjoy a high standard of life at a fraction of the cost.
- Favorable Business Environment: Georgia consistently ranks high in global indexes for ease of doing business, with straightforward processes for setting up companies and managing tax affairs.
- Beautiful Landscapes and Quality of Life: From the mountains of Kazbegi to the beaches of Batumi, Georgia offers a diverse and vibrant lifestyle for nature lovers and urban dwellers alike.
Visa and Residency Options for EU Citizens
Although EU citizens can stay in Georgia visa-free for up to a year, those seeking longer-term residency or eventual citizenship will need to apply for one of the following residency permits:
Work Residency Permit
This is a common path for EU nationals looking to work or start a business in Georgia. You will need:
- An employment contract with a Georgian company or proof of business ownership.
- Your company must have a minimum annual turnover of 50,000 GEL per foreign employee in the last 12 months.
Investment Residency Permit
If you’re interested in investing in Georgia, the investment residency permit is available for individuals who:
- Invest $100,000 USD or more in Georgian real estate, businesses, or other approved ventures.
- After proving the investment, you can apply for temporary or permanent residency.
Real Estate Residency Permit
EU nationals who purchase property valued at $100,000 USD or more can apply for a residency permit. This path is popular among retirees or individuals looking for a second home in Georgia.
Short-term and Long-term Residency Permits
Georgia also offers short-term and long-term residency options based on work, investment, family reunification, or special circumstances. Long-term residency can eventually lead to permanent residency or citizenship after several years of residence.
The Application Process for Residency
To apply for residency in Georgia, follow these steps:
- Gather your supporting documents, such as your passport, proof of employment or investment, and any financial documentation.
- Submit your application at a Public Service Hall or via an authorized agent.
- Pay the relevant fees and wait for the application review, which can take 30 to 60 days.
Working in Georgia
Georgia is increasingly attracting professionals from the EU in sectors like IT, education, construction, and hospitality. For those looking to start a business, the straightforward registration process and favourable tax rates make Georgia an excellent place to set up operations.
Buying Property in Georgia
EU nationals are allowed to buy property in Georgia without restrictions, making it easy to invest in real estate. Property prices are significantly lower than in most EU countries, and the real estate residency permit is a viable path to establishing long-term residence.
Settling in Georgia: What to Expect
- Cost of Living: EU expats in Georgia enjoy a significantly lower cost of living. Rents, utilities, food, and transport are affordable, particularly outside of Tbilisi.
- Healthcare: Georgia offers a range of public and private healthcare options, with many expats choosing private healthcare due to its higher quality.
- Language: While Georgian is the official language, English is widely spoken, especially in cities and tourist areas, making it easier for EU nationals to settle in.
Why Choose Georgia Business and Residential Law?
At Georgia Business and Residential Law, we specialize in helping EU nationals navigate the complexities of immigration, residency, and real estate transactions. Whether you’re seeking to relocate for work, invest in property, or start a business, our team of legal experts is here to guide you through every step of the process.