Quick outline — what you will learn:
- How property ownership relates to residence permits
- Choosing regions and investment goals
- Due diligence checklist ✅
- Budget components: taxes and fees
- Step-by-step purchase process
- Applying for a residence permit after purchase
- Common pitfalls and practical tips from BuyHome
Why property in Georgia can be a pathway to residence
Georgia is popular with foreign buyers thanks to straightforward property registration and relatively flexible migration rules. Owning real estate can simplify long stays and provide a basis for applying for a temporary residence permit in many cases. However, ownership alone does not automatically guarantee permanent residency, so you should verify the current legal framework before you commit.
Types of permits and legal considerations 🧾
- Temporary residence permits may be granted on different legal grounds, one of which can be ownership of property. The exact conditions and document lists change from time to time.
- There are specific investor programs that consider overall economic contribution rather than only property value.
- It is strongly advisable to consult an immigration lawyer before purchasing to confirm which path fits your situation.
Choosing region and purpose 🌍
- For living year-round prefer cities or well-served coastal towns with good healthcare and services.
- For rental income or capital growth consider city centers and popular tourist destinations where demand is steadier.
- If your main aim is residency, select a location that makes administrative tasks and daily life comfortable.
Due diligence: key checks 🔍
- Ownership title: make sure property is registered in the public registry without encumbrances.
- Building permits and completion documents for new developments.
- Chain of ownership to reveal any disputes or unresolved transfers.
- Utility status and any outstanding debts tied to the property.
Tip: hire a local lawyer to obtain registry extracts and verify the property history.
Budget and additional costs 💰
Beyond the purchase price, plan for notary and registration fees, legal services, agent commission, and expenses related to applying for a residence permit. Tax liabilities depend on your residency status and the property use. Get tailored tax advice to understand potential scenarios.
Purchase process: from search to keys 🏠
- Search and shortlist properties.
- Legal checks and price negotiations.
- Sign a preliminary agreement with clear terms and payment schedule.
- Transfer funds and register ownership with authorities.
- Finalize documents and receive keys.
BuyHome supports every stage, from finding listings to full transaction accompaniment. See available properties at https://buyhome.ge/en or start your search at https://buyhome.ge/en/search
Applying for a residence permit after purchase
Document requirements vary but commonly include:
- Passport copies;
- Documents proving property ownership;
- Evidence of tax payments and no outstanding debts;
- Health insurance and required medical documents;
- Proof of financial means.
Requirements are subject to change. Always check current rules with migration authorities or a qualified attorney.
Common mistakes and how to avoid them ⚠️
- Buying without a full registry check or relying on verbal assurances.
- Underestimating additional costs and tax obligations.
- Trying to prepare complex legal filings without professional help.
Practical advice: allocate time and budget for complete legal due diligence and work with trusted agents and lawyers.
Final thoughts and next step 🤝
Buying property in Georgia can be a smart move for living or investing. If obtaining a residence permit is your goal, plan the purchase in coordination with legal and migration advice.
If you would like help finding suitable properties, arranging legal checks, and managing the purchase, contact BuyHome. We will help you choose the best option and support the process from start to finish.