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The Golden Visa Program by Archil Mchedlidze’s Law Practice LLC: Your Guide to Residency by Investment in Georgia

Georgia is now a top destination for global entrepreneurs, high-net-worth individuals, and digital nomads. The country offers a booming real estate market, highly competitive taxes, and an easy path to legal residency.

While local legislation calls these options the Residency by Investment program, navigating the legal steps on your own can be challenging. To help our international clients, Archil Mchedlidze’s Law Practice LLC offers our exclusive Golden Visa Program. This complete legal service is designed to guide you step-by-step through Georgia’s two primary property residency tracks: the $150,000 Short-Term Permit and the $300,000 Investment Permit.

The Two Pathways Under Our Program: A Quick Comparison

Here is a simple breakdown of the two investment options:

Feature Our $150,000 Track
(Short-Term)		 Our $300,000 Track
(Investment)
Minimum Investment $150,000 USD $300,000 USD
Asset Type Allowed Non-agricultural real estate Non-agricultural real estate
Initial Validity 1 Year (Renewable annually) 5 Years (Leads to Permanent Status)
Family Inclusion Spouse, minor children, and dependents Spouse, minor children, and dependents
Long-Term Status Requires annual permit renewal Leads directly to Permanent Residency
  1. The $150,000 Track: Short-Term Residence

This option is perfect for property buyers and investors who want flexible access to Georgia without committing too much capital upfront.

  • The Investment: You must buy non-agricultural real estate with an official appraised value of at least $150,000 USD. You can purchase one property or a portfolio of multiple units.
  • The Permit: The residency card is issued for 1 year. Our team will assist you with the annual renewal process as long as you keep ownership of the property.
  • Your Family: Your Spouse, minor children and dependents are fully eligible to get residency under your investment.
  1. The $300,000 Track: Investment Residence

This track is designed for high-net-worth investors who want to skip yearly paperwork and get a direct path to permanent status.

  • The Investment: You must invest at least $300,000 USD into non-agricultural real estate.
  • The Permit: Instead of renewing every year, you get a 5-year initial residency card. You must hold the property throughout this 5-year period.
  • Permanent Status: After 5 years, our team handles your application to convert this status into a Permanent Residence Permit. After that, no more investment renewals are needed – just a simple card replacement every 5 years.
  • Your Family: Your Spouse, minor children and dependents are fully eligible to get residency under your investment.

Tax Efficiency: Setting Up Georgia’s Tax Residency

Many international investors choose Georgia not just for living, but to legally lower their tax bill. Through our Golden Visa Program, we help you align your residency with Georgia’s unique tax benefits.

Standard tax residency requires you to stay in Georgia for 183 days a year. However, Georgia has an exclusive fast-track for High-Net-Worth Individuals (HNWI). You can become a Georgian tax resident without spending 183 days in the country, if you meet these conditions:

  1. Global Wealth: Your personal worldwide assets must exceed 3,000,000 GEL (approx. $1,200,000 USD) OR your annual income must be over 200,000 GEL for the last three years.
  2. Local Property: You must own assets (like real estate) in Georgia worth at least $500,000 USD.

Additionally, you must meet one of these two rules:

  • Hold a valid Georgian residence permit, OR
  • Have a Georgian-sourced income of more than 25,000 GEL in a single year.

By building your property portfolio through our law firm, you automatically lay the groundwork for the local asset and permit requirements. This opens the door to legally applying for Georgia’s top tax benefit: 0% tax on foreign-sourced personal income.

What is Included in Our Golden Visa Program?

Our legal team at Archil Mchedlidze’s Law Practice LLC manages all the heavy lifting for your application:

  1. Property Legal Check: Before you pay any money, we audit the property to ensure it has no hidden debts, mortgages, or legal disputes.
  2. Official Valuation: We coordinate with certified appraisers to get the official valuation report required by the government.
  3. Paperwork & Translations: We prepare all legal contracts, power of attorney forms, and official document translations.
  4. Public Registry & Submission: We register your ownership at the National Public Registry and submit your residency application directly to the Public Service Hall.

Why Choose Archil Mchedlidze’s Law Practice LLC?

With over 20 years of experience in corporate, real estate, and immigration law in Tbilisi, we know how to protect your investment. We don’t just fill out forms – we assist with your transactions and advise you on how to best structure your wealth and maximize tax advantages.

Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute formal legal or tax advice. While we strive to provide accurate and up-to-date information, immigration laws and financial thresholds in Georgia are subject to change. Enrolling in our Golden Visa Program or purchasing property does not guarantee the automatic approval of residency or tax status by state authorities, as final decisions rest entirely with the government of Georgia. For tailored legal advice regarding your specific situation, please consult directly with our qualified attorneys.

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