Georgia is a great market for real estate investment properties because of its many options. The state offers great potential for each type of real estate investor and strategy. Atlanta the largest city with a diverse economy and thriving market. Savannah is a popular tourist destination with a strong short term rental market. Athens is home to the flagship university, University of Georgia. Augusta is the second largest city with a population of 204,612. Tybee Island is known for its beautiful beaches and attracts tourists year-round. Georgia can be great for investors utilizing rental loans to secure investment properties!
Georgia’s Golden Visa programme offers a unique opportunity for foreign investors seeking a pathway to residency in the country. The programme has distinct investment options that cater to a variety of preferences and financial capabilities.
For a real estate investment of $100,000, investors can secure a one-year residency permit, allowing them to enjoy the benefits of living in Georgia. Alternatively, by increasing the real estate investment to $300,000, participants can obtain a one-year residency permit, which can be converted into a five-year residency permit, offering indefinite stay in the country.
GEORGIA PASSPORT STRENGTH AND RANKING
In terms of passport strength and global mobility, Georgia is ranked 92nd in La Vida’s comprehensive Global Passport Ranking. Holders of Georgian passports have access to 129 countries, which equates to approximately 34.5% of the world’s GDP and a significant 62.3% of global travel popularity. This accessibility reflects Georgia’s growing international relations and its efforts to facilitate global travel for its citizens, making it an attractive destination for those seeking both residency and the opportunity to explore the world.
Benefits of Georgia Residency
- Georgia’s cost of living has been ranked amongst the most affordable by Numbeo in its Cost of Living Index.
- Affordable real estate.
- Situated in close proximity to Europe and the Middle East.
- No taxes on global income. Residents are taxed based only on the Georgian-sourced revenue earned.
- Ideal location for businesses with its excellent ranking of seventh in the World Bank’s Ease of Doing Business Index.
