Georgia residence permit by buying property in Batumi

A residence permit lets a foreign national live in Georgia long term and enter the country freely. For a property owner it opens several practical options:

• live in Batumi and other Georgian cities without visa limits;
• run a business and open accounts with Georgian banks;
• include a spouse and children under 18 in the permit;
• apply for permanent residence later if the residence conditions are met.

Batumi draws investors with its mix of a seaside resort, low taxes and a growing rental market. You can browse suitable options in the property catalog.

Since March 1, 2026 the minimum property value for a residence permit is $150,000. This is the third increase: $35,000 was enough until July 2019, then the sum rose to $100,000, and in 2026 it moved to $150,000.

The value is confirmed by an accredited appraiser, and the appraised value is what counts. Order an appraisal before the deal and make sure it reaches the threshold. Investors who already hold a permit based on the earlier $100,000 sum can still renew it.

Non-agricultural residential and commercial property qualifies: apartments, flats and commercial units. Agricultural land does not. You can reach the required sum with one property or several, since the combined appraised value counts.

Most investors pick seaside apartments and new-build flats: they solve the residence question and earn rental income at the same time. Current options are in the catalog, and you can ask about a specific unit through the contact page.

The process usually looks like this:

1. choose a property worth $150,000 or more;
2. complete the purchase, remotely by power of attorney if needed;
3. register ownership at the Public Registry, which takes about one day;
4. get an appraisal report from an accredited appraiser;
5. submit the residence permit application at the House of Justice;
6. receive the decision and the residence permit card.

The BatumiExpert team helps you pick a property and handles the deal from viewing to ownership registration.

A property-based permit is issued as a temporary one and is renewed each year while you keep ownership. Owners who got their status under the earlier $100,000 threshold renew it without a new appraisal. After a long, continuous stay you may apply for permanent residence, though the exact terms are best checked at the time of application.

Closing a deal in Georgia is straightforward and the ownership registration cost is low. Property prices are set in US dollars, so exchange-rate swings do not change what you pay. The country has some of the lowest taxes in the region. Exact rates and reliefs depend on your situation, so check the tax side with a qualified specialist.