Georgian residency through property purchase
Buying property in Georgia can open a path to a residence permit — but not with any property, at any price. What to know before you sign.
What property-based residency actually is
Georgia is one of relatively few countries that accepts property ownership as a basis for granting a residence permit. In plain terms: buy a property above a certain value and you can apply for residency on that basis, without needing to register a company, take employment, or prove local income.
This route is particularly attractive to Iranian buyers because Georgia places few restrictions on foreign ownership, and the property is registered in the foreign buyer's own name — not through a local nominee or partner.
The $150,000 threshold
Eligibility is based on the value of the property. In the framework we work within, that threshold is USD 150,000. A purchase below it can still make complete sense as a yield or rental investment, but it does not by itself support a residency application.
What often gets overlooked: the figure that matters is not necessarily what you pay, but the property's official valuation. Buy below market and the contract price and the appraised value may diverge. Check both numbers separately before committing.
What the property itself has to be
Clearing the price threshold is not sufficient on its own. The property's designated use matters — a commercial unit or a plot of land, even at a higher value, does not necessarily carry the same standing as residential property.
The property also needs a registered title. In off-plan developments, until the title is issued what you hold is a purchase contract, not registered ownership — and that distinction directly affects when you can apply.
Family members
In many cases a property-based permit can extend to immediate family — a spouse and dependent children. This generally requires official proof of the family relationship, translated and certified.
Be aware that adding family members may change the conditions or the value threshold that applies. If you intend to include your family, factor that in when choosing the property, not after the purchase.
What this permit is not
A residence permit is not citizenship. It gives you the right to live in Georgia, but it does not by itself confer a Georgian passport or visa-free travel to third countries.
Nor is it permanent. The permit is issued for a fixed term and must be renewed — which we cover in a separate article.
This article is general information, not legal, tax, or financial advice. Laws and banking terms change; confirm current conditions before making any decision.
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