Key Conditions
The residence permit is tied to ownership of the property. If the property is sold, or its assessed value falls below the threshold, the basis for renewal ceases to exist. The property may be residential or commercial; what matters is the registry valuation, not the transaction price.
Required Documents
The application requires: a valid passport, an extract from the National Public Registry confirming ownership and the assessed value, a completed application form, and photographs. Applications are submitted at the Service Development Agency (SDA) or at any Public Service Hall (House of Justice). Standard processing time is 10–30 business days.
FAQ
Does the purchase price or the cadastral valuation count?
The relevant figure is the assessed value determined by the National Agency of Public Registry, not the price stated in the sale agreement. The two can differ significantly.
Can I combine multiple properties each worth less than $100,000?
Georgian law applies the threshold to a single property. Combining values from several objects to meet the threshold is not explicitly provided for in the legislation; we recommend confirming current SDA practice at the time of application.
Do I need to live in Georgia to renew a property-based residence permit?
No. There is no minimum presence requirement for this type of permit.
What happens if I sell the property?
Selling the property removes the legal basis for renewal. The permit remains valid until its current expiry date but will not be renewed unless another legal ground for residence exists.
Does a property-based residence permit allow me to work in Georgia?
Yes. Any valid Georgian residence permit grants the right to work as an employee or operate a business without additional work authorisation.