Demand for investment in Georgia is growing due to the possibility of Georgia joining the European Union. Investing is one of the best ways to immigrate to Georgia. now Georgia hosts investors from many countries like India, Azerbaijan, Iran, and Arab countries such as Bahrain, Qatar, UAE, and Saudi Arabia. New investment tariffs for 2021 have also been announced by the government.
Investment In Georgia
Georgia is still the leading economy in Eastern Europe. This development has also allowed Georgia to grow in other areas of trade. All this creates opportunities for smart business investments in this country. In general, after the development in various commercial and economic fields, a lot of investments have been made in this country. There have been several positive economic and trade developments in this country, which point to the favorable economic situation in this country.
The Best Investment Opportunities In Georgia:
Investing in real estate is one of the best, easiest and fastest ways to invest and get a residence in Georgia. Georgia has experienced significant economic growth in recent years, which is why many citizens of other countries, have sought to obtain Georgian residency through the purchase of real estate. In order to purchase real estate in Georgia, applicants can own a home in Georgia for at least US $100,000. During the property purchase process in Georgia, applicants are granted one-year residency, which can be extended every year for up to 5 years, and after 6 years, they will be able to obtain permanent residency in Georgia. It should be noted that during these 6 years if the applicants for investment in Georgia sell their property, they can extend their stay by buying another property of the same value.
Investing in the tourism industry in Georgia is another investment opportunity. Considering that in 2016, more than 7 million tourists visited Georgia. Investing in this industry has the least risk.
Such as the construction of the hotel, the construction of the restaurant, a coffee shop, tourist transfer, etc.
Investing in the agricultural industry: We have already mentioned that due to the following reasons, Georgia is very suitable for investing in agriculture and animal husbandry:
1- Cheap labor
2- uniformity of rainfall throughout the year
3- Abundance of water resources and virgin land
4- Cheap agricultural tools, equipment, and tools due to imports without customs tariffs from the EU and USA
5- Abundance of free fodder for livestock according to the amount of rainfall in Georgia
6- The support of the Georgian government to the investor in the field of land transfer