Business Residency in Georgia: Process, Options, and Benefits

 Overview

In an increasingly interconnected world, the concept of business residency has gained momentum as traditional borders shift and Georgia is positioning itself to leverage these opportunities.

Georgia is recognized as an attractive hub in the region for businesses and entrepreneurs due to its tax system, its straightforward business registration and streamlined procedures. This guide on Georgia residency provides a comprehensive analysis of the various residency types available, the application process and key considerations for foreign investors seeking to establish a presence in Georgia.

Benefits of choosing Georgia for residency

The appeal for the residency in Georgia for business migration stems from various comparative advantages:

Types of residencies in Georgia

According to the Service Development Agency Georgia offers various types of residencies for foreign individuals catering to various profiles:

  1. Work residence permit

 

  1. Investment residence permit

 

  1. Short-Term residence permit

Validity: The permit can be issued and extended for 1 year each time

Online application process

Georgia facilitates online application process for residency in Georgia for several types of residence permits, thereby enhancing convenience for applicants inside and outside the country.

Foreigners aged eighteen and over with legal capacity can apply for an initial residence permit online only if they are currently in Georgia. However, applications for extension of a residence permit can be submitted online by individuals both within and outside Georgia.

To register an online application for a Georgia residence permit without leaving home, you must complete an electronic application, upload all necessary documents electronically, and then connect with a remote service operator via video call to confirm your intent. Note that within 10 days of online registration, physical submission of original documents in Georgia is required. Documents issued abroad need to be translated into Georgian, notarized, and, if applicable, legalized, or apostilled.

Conclusion

Residency in Georgia is supported by increasingly digitized framework for business migration and offers a compelling proposition for foreign investors and entrepreneurs. However, while the process is designed for efficiency and ease, understanding the specific requirements for each residency type and adhering to submission guidelines is crucial for a smooth experience. By leveraging the streamlined procedures and digital tools available, international businesspersons can effectively navigate their path to establishing a long-term presence in Georgia.

At SGBA, our legal team supports members throughout these procedures — from identifying the appropriate residency type to handling documentation, translation, and coordination with the relevant authorities — ensuring the process is handled with clarity and confidence.


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