Georgia Property-Owner Residence
At a glance
Georgia's short-term property residence permit is for a foreign owner of non-agricultural real estate in Georgia whose certified market value exceeds USD $150,000 in Georgian-lari equivalent.
- Type
- Short-term residence based on owned Georgian property
- Property threshold
- Certified market value exceeding USD $150,000 in GEL equivalent
- Property type
- Applicant-owned immovable property other than agricultural land
- Duration
- Up to 1 year at a time while the qualifying basis continues
- Minimum investment
- Property with certified market value exceeding USD $150,000 equivalent in GEL
- Investment choices
- Applicant-owned non-agricultural real estate
Summary
Georgia's short-term property residence permit is for a foreign national who personally owns immovable property in Georgia, other than agricultural land, with a certified market value exceeding USD $150,000 in Georgian-lari equivalent. “Exceeding” matters: a value exactly equal to USD $150,000 does not meet the wording of the current rule.
The market value must be set by a certified assessor from a body accredited by Georgia's national Accreditation Center. The purchase price, mortgage amount, asking price, developer estimate, and the buyer's available budget do not replace that valuation.
D5 is the related immigration-visa category for a qualifying property owner and the owner's spouse and children. The D5 visa and the short-term residence permit are different documents. The residence permit is issued for up to one year at a time and can be extended while the qualifying ownership continues.
Eligibility
Ownership and property type
The principal applicant generally needs:
- registered ownership of immovable property in Georgia in the applicant's own name;
- property that is not agricultural land;
- a certified market value exceeding USD $150,000 in GEL equivalent; and
- an appraisal prepared by a properly accredited certified assessor.
A plan to buy is not current eligibility. It can be a realistic future route, but the ownership registration and qualifying appraisal must exist before the residence application can rely on them.
The official rule speaks about the applicant having title to the immovable property. Property owned only by a company, relative, trust-like arrangement, or seller should not be assumed to satisfy the applicant's personal ownership requirement. If title is shared, split across assets, subject to unusual rights, or still recorded as an unfinished interest, obtain a PSDA answer before treating the threshold as met.
Valuation
The assessment must show a market value above the US-dollar threshold in Georgian-lari equivalent. Exchange-rate movement can therefore matter even where the lari appraisal does not change. A cautious file leaves room above the minimum rather than relying on a figure barely over the line.
The assessor must satisfy the accreditation rule; using a real-estate agent's estimate or an appraisal from an unaccepted person can leave the application without the required proof. The official residence page identifies the Accreditation Center standard.
Do not assume that paying more than USD $150,000 guarantees a passing appraisal. The legal test is certified market value. Likewise, do not assume that a low contract price prevents eligibility if the accepted market appraisal is independently above the threshold.
Applicant documents and lawful stay
The Public Service Development Agency (PSDA) currently lists:
- the approved application form;
- a copy of the applicant's travel document;
- proof of lawful stay in Georgia;
- the property-title document;
- the accepted valuation report;
- an electronic colour photograph; and
- proof of the service fee.
General in-country filing restrictions still matter. The PSDA says most residence permits, including this one, cannot be issued from an ordinary C visa or solely from the special Georgian entry rule based on a visa or residence permit from a listed foreign country. The short-term property permit is exempt from the general instruction to apply 40 days before lawful stay expires, but the applicant must still have an eligible lawful basis when applying.
Spouse and children
The spouse and child or children of the principal short-term-permit holder can make related short-term residence applications. The PSDA lists each family member's own application, travel document, proof of lawful stay, a copy of the principal's permit, proof of kinship, photograph, and fee evidence.
They receive their own residence decisions. They should not assume that they are automatically included in the property owner's card or that they can file without proving the relationship and lawful stay.
Duration and continued ownership
The short-term residence permit may be extended one year at a time. The law says its validity ends if the qualifying ownership ends. Current law also says that a holder who maintains ownership of the property used for the permit is exempt from submitting a new market revaluation when extending. Confirm the current extension checklist with the PSDA, especially if the property, title, or ownership share has changed.
What This Route Allows
An approved permit allows the holder to reside in Georgia for its validity based on the qualifying property. A spouse and children can use the related application process described above.
The permit can be extended annually while the legal basis continues. Time on a temporary residence permit may be relevant to later residence or citizenship applications, but those routes apply their own duration, continuity, physical-presence, test, and documentary rules.
What This Route Is Not
This is not immediate permanent residence. Georgia's separate USD $300,000 investment residence permit can lead to an indefinite-stay application after five years if its continuing conditions are met; this USD $150,000 short-term permit does not use that five-year investor conversion.
It is not available merely because the buyer has USD $150,000 to spend or signed a purchase agreement. The applicant must own the property and the accepted certified market value must exceed the threshold.
It is not a route through agricultural land, and it does not automatically grant Georgian citizenship. Ordinary naturalization generally requires 10 continuous lawful years, the official citizenship test, an economic connection, and the separate citizenship decision.
Next Steps
- Confirm through the National Agency of Public Registry that the property classification is not agricultural land and that the applicant can be registered as owner.
- Use an appropriately accredited certified assessor and review the valuation before relying on the property for immigration purposes.
- Leave a sensible buffer above the threshold for exchange-rate and valuation risk. Do not structure the plan around exactly USD $150,000.
- Complete the purchase and register title in the principal applicant's own name before claiming current eligibility.
- Check that the applicant's lawful-stay basis permits an in-country short-term-residence application; do not rely only on ordinary C status or a third-country visa/residence entry rule.
- Prepare the travel document, lawful-stay evidence, title extract, appraisal, photograph, fee evidence, and any Georgian translations required by the receiving office.
- If family members will apply, prepare separate applications, lawful-stay evidence, the principal's permit copy, and proof of kinship for each person.
- Keep the title and permit records and confirm the extension checklist before every expiry. Report any sale or ownership change rather than assuming the permit continues.
Sources
- Public Service Development Agency — Migration and residence permits — current official short-term-permit threshold, appraisal, documents, family applications, fees, and processing options.
- Law on the Legal Status of Aliens and Stateless Persons — official current D5 visa, short-term residence, duration, termination, and extension rules.
- National Agency of Public Registry — official Georgian authority for property registration and registry services.
- Georgian Accreditation Centre — official national accreditation body referenced by the valuation rule.