Introduction — why buying property can help with residency 🏠
Buying an apartment in Georgia is often both a lifestyle choice and an investment. While laws and programs change, owning real estate may simplify the process of applying for a temporary or extended residence permit depending on current immigration rules. This guide covers realistic steps, required documents, costs to consider, and common mistakes to avoid.
Quick structure of the article ✅
- Residency types connected to property ownership
- Documents you should prepare
- Step‑by‑step buying and application process
- Expected timelines and waiting periods
- Taxes and ongoing costs
- Common mistakes and how to avoid them
- Due diligence on the property and developer
- Practical checklist before signing
Types of residence permits related to property ownership 🔎
There isn’t a single automatic “property‑for‑residency” rule that applies in all cases. In many situations owners receive a temporary residence permit or a permit based on private reasons linked to property. Permanent residence usually requires longer-term presence or additional conditions. Always check the latest rules with immigration authorities or a legal advisor.
Documents to prepare — essential list 📋
- Valid passport and ID pages
- Notarised sale contract or preliminary agreement
- Official property registration extract
- Proof of funds (bank statements, sale receipts, transfer copies)
- Health insurance policy (often requested)
- Translations and certified copies where required
Tip: prepare translations and certification in advance if you have documents from another country.
Step‑by‑step process: from search to residency application 🛠️
- Find and verify the property: check titles, encumbrances, building permits and completion documents.
- Sign a sales contract or preliminary agreement; agree on payments and conditions.
- Make official payments and keep bank receipts and transfer confirmations.
- Register ownership in the national registry and obtain an official extract.
- Prepare the residency application package and submit to the migration service.
- Complete any additional requests from the migration office (interviews, extra proofs).
Timelines depend on the region and current processing times at public services.
Taxes and recurring costs — what to expect 💸
After purchase you’ll face local taxes, utility bills and management fees if the property is in a condominium. Tax rules differ for residents and non‑residents; discuss with a local accountant to plan tax efficiency and reporting obligations.
Common mistakes and how to avoid them ⚠️
- Buying without a full legal due diligence of the title.
- Lacking clear proof of the origin of funds, which can delay or block a residency application.
- Neglecting translations and notarisation of key documents.
- Buying from developers without verified permits or completion guarantees.
Work with a qualified lawyer and an experienced real estate agent familiar with local practice.
Practical BuyHome tips — selection and negotiation 🤝
- Consider emerging neighbourhoods for better value and long‑term growth.
- Compare similar units by price per square metre and by renovation costs.
- Request all documents from the seller early and meet in a neutral place to check originals.
Browse apartments and start your search on our site: https://buyhome.ge/en or use the search page: https://buyhome.ge/en/search
Pre‑application checklist ✅
- Ownership is registered and an official extract is available
- Proof of payment and origin of funds is documented
- Documents are translated and certified as needed
- Health insurance is arranged
- You consulted a lawyer about the application process
Final thoughts — realistic expectations and next steps 👋
Getting a residence permit via property purchase is feasible but requires planning, transparent finances and a clean legal transaction. BuyHome helps you find suitable properties, prepare documents and connect with lawyers to ensure a secure process.
If you’d like help selecting properties or preparing your residency application, contact our team at https://buyhome.ge/en. We’re ready to assist at every step.