The Tax Appeal of Georgia's Investment Residency

Georgia, located in the Caucasus region, was once part of the former Soviet Union. It shares borders with Russia, Azerbaijan, Armenia, and Turkey. The country offers an investment residency program, allowing individuals to obtain residency permits or even permanent residency by meeting certain requirements, including:

• Purchasing real estate worth $100,000 to obtain a 1-year residency permit
• Purchasing real estate worth $300,000 and holding it for 5 years to obtain permanent residency
• Establishing a business worth $300,000 and meeting specific revenue targets within 5 years to secure permanent residency

Let’s take a closer look at the tax policies of this visa-free EU-access country: