Georgia investment residence permit: USD 300,000 route

Two ways to qualify

The law gives two bases for the same permit:

• An investment of at least USD 300,000, made under the Law of Georgia on Investment Activity Promotion and Guarantees.
• Ownership of immovable property in Georgia with a market value above USD 300,000. Agricultural land does not count. The value must come from a certified assessor working for a body accredited by the Georgian Accreditation Centre.

The permit also covers your spouse, your minor children, and people who are fully dependent on you or legally incompetent.

The two bases carry different duties once the permit is granted, so pick the one you can keep up for 5 years.

What you must keep doing

Investment route: turnover milestones

Every year you file turnover data from the Revenue Service. The permit ends if annual turnover falls below these levels (Art. 21(12)):

A passive investment that produces little turnover will not keep the permit alive. If you want to hold an asset without running a business, the property route is closer to what you need.

Property route: keep the property

You must keep owning the property. You may replace it with property of the same or higher value, but you must file the new Public Registry extract before your ownership of the original ends (Art. 21(13)). There are no turnover targets on this route.

Validity, extension and the unlimited permit

The permit is issued for 5 years. It can be extended by 3 years at a time, up to 12 years (Art. 16(1)(e), 16(3¹)).

After 5 years you can apply for an unlimited residence permit (Art. 15(k)). It carries the right of permanent residence. You qualify if you met the turnover thresholds, with fifth-year turnover of at least USD 120,000, or if you kept the qualifying property for 5 years. Your family members on the investment permit qualify too. Apply before the investment permit expires. The investment permit stays valid while your application is pending (Art. 16(5) to (6)).

For a foreigner without Georgian family ties, this is the shortest route to permanent status in the law. The general route needs 10 years on temporary permits; see permanent residence in Georgia.

Work without a work permit

Holders of a valid investment residence permit are exempt from the Law on Labour Migration's work permit rules (Art. 1(4)(f)). Since 1 March 2026 most other foreigners need the right to work before they can work or run a business. This exemption is one of the main practical differences between the investment permit and the cheaper short-term property permit. See our page on the Georgian work permit for who else is exempt.

How to apply

You file with the Public Service Development Agency (PSDA, the Ministry of Justice agency that issues permits) or at a Public Service Hall (a state service centre). You can also apply online. PSDA lists these documents for the investment permit, along with the standard application and passport copy:

• audited proof of the investment, or proof of title to the property plus the market valuation;
• a recommendation from a member of the Government, or from three Georgian citizens who represent a business based in Georgia.

Two general rules are relaxed for this permit. It can be issued while you are in Georgia on an ordinary C visa (Art. 14(1³)). The 40-day rule, which asks most applicants to file at least 40 days before their lawful stay ends, does not apply to it.

Foreign documents need an apostille and a certified Georgian translation. See documents for a Georgian residence permit and the full cost.

Investment permit or property permit

What the permit does not do

The permit does not make you a Georgian tax resident. Tax residency depends on spending 183 days in Georgia in any continuous 12-month period. Owning property worth USD 500,000 is also one condition of the separate high-net-worth tax residency route, which the Revenue Service handles. See high-net-worth tax residency.

The permit can still be refused or ended on the general grounds in the Aliens Law, including security grounds, criminal offences and false information.