Earlier, we talked about the phenomenon of Georgian real estate and described the main changes that attract investors to the country. Referring to our research, as well as relying on the internal analytical base of the service Geoline, which today is one of the largest in the Georgian real estate sector, we want to give reasons that are important for end customers - buyers of real estate and persons who decide to move and obtain a residence permit
Georgia. Batumi. Panoramic view of the city.
What are the key factors for you when deciding to live and invest in Georgia?
The safest country in Europe. We have repeatedly talked about the security of the region. This is a key factor today for many who decide to move to Georgia. The issue of security is attractive both from the side of security of residence and security of investments.
5-star infrastructure for both vacationers and for living. Using additional property search filters, you can select properties with infrastructure nearby or in the complex. Objects with developed infrastructure are popular with tourists and bring income to the owner. Read more about the income in the rental business of apartment management here.
180 sunny days a year. The climate is no less important indicator for the choice of Georgia. The country covers 4 climatic zones. Batumi is a seaside resort city with 180 sunny days a year, and some areas are special for their health benefits. In the Soviet Union, many political figures, top officials of the state directly in Georgia improved their health through health-improving activities . Medical tourism is now a trademark of the country.
Gambling is allowed. An additional factor that attracts tourists.
Simple registration of real estate ownership - since 2017, the Ministry of Justice of Georgia has been transferred to blockchain technology, which guarantees transparency of all transactions, as well as allows for the purchase and sale of real estate with cryptocurrency. Read more about buying a house using bitcoins in Georgia and the procedure of purchasing with cryptocurrency.
Visa-free regime with 94 countries. Free movement in Europe is open for Georgian citizens. It is noteworthy that low-cost airlines fly from Batumi, Kutaisi and Tbilisi airports in Georgia. A trip to Europe for the weekend can cost from 17 euros. This is a beneficial advantage if you are considering active travel and citizenship opportunities.
Absence of corruption. Georgia still managed to overcome corruption and this is reflected not only in economic reports, in international ratings, but also in practice, confirmed by persons who conduct their business in Georgia. In particular, such procedures as business registration do not take more than 15 minutes and occur on the principle of an open window in the House of Justice. In practice, everything has been done so that the entrepreneur develops his business, and does not spend time in the offices of officials.
Highlighting the main advantages that are important for real estate investors and planning a permanent move, also remember the other points that are important for both investors and future residents.
1. Ecologically clean region. Quality products. Non-GMO
2. 4 climate zones
3. Simplicity in business
4. Simple tax system
5. Georgia is an EU member.
6. Free beaches for all
7. Residence permit for everyone
8. Affordable lending
9. World hoteliers in Batumi
10. Various cuisine
11. Affordable price
12. Developed business structure
13. Life with a sea view
14. Annual growth of tourism. Prospects
15. World stars in Batumi. Concerts and cultural life
16. No real estate tax
17. Closeness of mentality with the CIS countries
18. European prospects
19. Cosmopolitan city
20. Gracious hospitality
21. Health and medical resorts
22. Black Sea coast
23. World heritage sites
24. Ancient original culture