Investment Residency for Individuals

Investment Residency (IR) for Individuals is issued to a foreign citizen who invested at least USD 300 000 equivalent in Gel in Georgia, including in immovable properties. IR is annually renewable for 5 years and thereafter individuals may get the Permanent Residence Permit. IR receipient family members can also get the IR. Individual must also possess the business in Georgia with at least 50,000 GEL annual turnover for the first year, 120,000 GEL for the 2nd, 3rd, 4th and 5th consequitive years.