On the investment basis, turnover is confirmed every year from Revenue Service data: at least USD 50,000 in the first year, USD 100,000 in the second and USD 120,000 in the third, fourth and fifth years, in GEL equivalent. The application is filed with the Public Service Development Agency (SDA) through a Public Service Hall.
The investor residence permit differs from a property-based residence permit: it requires active business operations, not merely ownership of assets. Holders are entitled to reside in Georgia lawfully, open bank accounts, and work within their own company.
Required Documents
- Application form
- Copy of the travel document and a document confirming lawful stay in Georgia
- A certified auditor's report on an investment of at least USD 300,000, or title to property worth more than USD 300,000
- A report by a certified assessor of an accredited body on the property's market value
- A written reference from a member of the Government of Georgia or from three Georgian citizens authorised to represent a Georgian business
- Colour 3×4 photo in electronic form and proof of fee payment
The state fee is GEL 300 for review within 30 calendar days, GEL 450 within 20 days and GEL 600 within 10 days.
Indefinite stay after the investment permit
The investment permit leads to a separate status. Before the five-year term of the investment residence permit expires, you can apply for a residence permit for indefinite stay (SDA):
| Ground | Condition |
|---|---|
| USD 300,000 investment | turnover confirmed for each year, at least USD 120,000 in the fifth year |
| Property above USD 300,000 | ownership of that property for five years after receiving the investment permit, with a reference from the National Agency of Public Registry |
So the company's turnover is worth planning five years ahead from the start: the requirement grows from USD 50,000 to USD 120,000.
Frequently Asked Questions
Can I obtain an investor residence permit if my company is registered but not yet operating?
No. You need to prove an investment of at least USD 300,000 with a certified auditor's report, or title to property worth more than USD 300,000. Registering a company without such an investment is not a ground.
Can I get an investment residence permit through property?
Yes. Title to property in Georgia, except agricultural land, with a market value above USD 300,000 established by an accredited assessor is a ground. For property worth more than USD 150,000 there is a separate short-term residence permit, described on our residence permit by property page.
Must the applicant be physically present in Georgia to submit the application?
Yes. Applications are filed in person at the SDA or at a House of Justice, so the applicant's presence in Georgia at the time of submission is required.
What can I get after five years on an investment permit?
Before the five-year term of the investment residence permit expires, you can apply for a residence permit for indefinite stay. The ground is the USD 300,000 investment with turnover of at least USD 120,000 in the fifth year, or ownership of property worth more than USD 300,000 for five years after receiving the investment permit.
What happens to the permit if the company ceases operations?
The investor residence permit is tied to ongoing investment activity. Cessation of operations is grounds for denial of renewal or revocation of status. Changes must be reported to the SDA.
What turnover must be confirmed under an investment permit?
On the investment basis, turnover is confirmed every year from Revenue Service data: at least USD 50,000 in the first year, USD 100,000 in the second and USD 120,000 in the third, fourth and fifth years, in GEL equivalent.
Whose reference is needed for the application?
A written reference from a member of the Government of Georgia or from three Georgian citizens authorised to represent a Georgian business. This is an SDA requirement for the investment residence permit document package.