This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc. 3. the applications are submitted at the territorial offices of the Public Service development agency, a branch of the Public Service Hall, or at a Community Centre. Georgia is politically stable, has low taxes, low corruption and seeks major economic investments. If you do manage to get residency by cheap real estate investment in Georgia, the upkeep on your residence permit is minimal, and citizenship is possible after six years. Here’s everything you […] Owning a second passport through Citizenship by Investment program gives you a new found freedom, check the cheapest citizenship programs now. The value of Georgian passport went up in rankings. June 23 rd 2016 European Countries – Real Status: the applicant should be employed or, in the investment case, own real estate, be engaged in an entrepreneurial activity or own interest or shares in a Georgian company. Today we received our passports, a happy day. In some special cases, the naturalization phase can be subject to an exceptional procedure when the individual has made a special contribution to the country’s economy or when his or her citizenship is of special interest. Invest in Georgia is an investment guide portal of the state Agency LEPL “Enterprise Georgia”. The exceptional procedure for granting Georgia citizenship can take place when a foreign citizen has made an outstanding contribution. Citizenship by Investment Citizenship by investment programs (CBI/CIP) gets you fast track citizenship within months, waiving naturalisation requirements such as residency, military service, language requirement etc. Even though Georgia doesn’t officially have citizenship by investment program it is possible to obtain their citizenship this way. If you don’t have lots of money to spend on a second passport but still want to level up, here is our list of fastest countries to get second citizenship in 2020. While Georgia has a direct Citizenship by Investment program, undecided individuals may seek citizenship after certain criteria of the residency program are met to qualify. Starting from summer 2017, Georgia will offer citizenship to investors. Citizenship-by-Investment programs offer you the opportunity to legally acquire a new citizenship quickly and simply, without any disruptions to your life. “Thank you for your excellent service. this provision is prescribed in the Law of Georgia on Promotion and Guarantees of investment. Think of citizenship by investment as your shortcut to a second passport. Additional requirements might include having a bank account in the country with certain funds (not including donated funds) not exceeding 100 000 EUR. This is one of the main reasons why citizenship by investment programs are so popular and also less time consuming. European But Not EU Member States’ Residency by Investment Programs Interested individuals should note that the investment residence permit is also awarded to the investor’s family members (spouse, dependent underage children, or dependent incapacitated persons). Georgia offers visas, residence permits and tax residency status to investors, property owners, entrepreneurs, freelancers, workers and their family members, with a path to citizenship. It even started a citizenship by investment program out of desperation to attract investors. Georgia has submitted an action plan for achieve accession to the European Union. You can reach out to our Georgia permanent residence specialists for more information on the conditions that should be fulfilled when also applying for family members. The investment program allows potential investors to receive permanent residency through the purchase of government bonds. Obtaining citizenship by investment in Georgia can be a convenient manner in which foreign nationals can enter the country for permanent residence purposes. Article 13 – Granting Georgian citizenship to minors under regular procedure 1. Investment residency. A knowledgeable local lawyer can help you navigate through the immigration process, avoid pitfalls and maximize your chances of success. This permit is granted to those who are interested in acquiring Georgia permanent residence following the purchase or property, as detailed below by our agents. The next natural step once the investment is in place is to obtain citizenship by investment in Georgia by following the naturalization procedure. 4. Georgia does not have any official status as a candidate for future enlargement of the European Union, but in 2011 Georgian president expressed a desire for his country to become a member state of the EU. Citizenship applications for the acquisition of Georgian citizenship can be submitted in person or through an authorized representative. We make what looks like an expensive and difficult option, affordable and complex free. The process is very simple and straightforward, you will be granted citizenship in less than 6 months. Georgia is an eurasian country connecting eastern europe and western asia.. Georgia has free trade regime, that has access to $1 billion market not subject to customs tax to CIS and EU countries (no customs duty on 90% import and export of goods). Within the framework of the Georgian Citizenship Program, you become eligible for Georgian citizenship if you make a significant donation to the state treasury. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed,  UAE. Georgian citizenship shall be granted with an ordinary procedure to an adult who meets the following requirements: A decision on granting Georgian citizenship by naturalization is made within 3 months. History and law knowledge: a special examination also takes place for basic Georgian history and law knowledge. 2. The ordinary procedure for acquiring citizenship in Georgia through naturalization includes the following conditions: 1. It is important to note that the holder of a residence permit in Georgia is required to apply for the Residence Card with a territorial office of the Public Service Development Agency, failure to do so within six months can result in the termination of the permit. Georgia grants permanent residency to foreigners who invest at least USD 300,000 in certain areas of the Georgian economy, in accordance with the Georgia Law on Promotion and Guarantees of Investment Activity. Tbilsi is the capital and largest city. Serving HNW clients since 2011. Georgia grants permanent residency to foreigners who invest at least USD 300,000 in certain areas of the Georgian economy, in accordance with the Georgia Law on Promotion and Guarantees of Investment Activity. This fact hides multiple benefits. It is important to note that a separate, short-term residence permit in Georgia can be issued to the applicant and his or her family members who have the right to immovable property. Once the minimum residency period is complete, the holder, in this case, the investor, may obtain Georgian citizenship. 300,000 GEL is the minimum amount for the investment residence permit for foreign investors, as per the Law on Promotion and Guarantees of Investment; 35,000 USD equivalent in GEL, approximately 11,252 GEL is the minimum market price value for the immovable property (except agricultural land) for those who apply for the short-term residence permit; both of these permits for investment in Georgia are issued with validity periods between 6 months and 1 year; the permits can be extended for up to 5 years, after which the holder can apply for. The only Caribbean country to offer the E-2 Investor visa treaty for Georgia, then, is one of the few emerging real estate markets in the region that isn’t plagued by geopolitical instability, which makes it a much better choice than it was four years ago. Our team is ready to assist foreign entrepreneurs who are interested in making the minimum real estate or corporate investment in the country. Citizenship by investment in Georgia starts with obtaining the investment residence permit. We initially struggled arranging documents and paperwork, but the company was assisting us in every step. As of 2019, Georgian passport had visa free travel to 113 countries in the world, including EU schengen states, Turkey, Brazil etc. Best Citizenships is now a part of Yellow network, “Very honest and professional service. What makes CBI online platforms so popular? a citizen of Georgia cannot at the same time be the citizen of another state, except for the exceptional cases specified in the Constitution of Georgia. Investment residence permit is issued to a foreign citizen who invested at least USD 300 000 equivalent in GEL in Georgia. As we said this program is currently unofficial. How to acquire Australian citizenship by investment 1 Choose the investment option It becomes possible to apply for Australian citizenship after obtaining an investor visa in return for investment, subject to subsequent residence in a country with a permanent residence permit status during a year. Both options are valid, however, the minimum investment must be observed and, when corporate incorporation is chosen, the business owner will also need to observe certain requirements for the annual turnover. Malta Citizenship through Investment by Georgia nationals - for Georgian citizens to allow business investors through contributions and buying Property, house, home, Real Estate, Economic, Cost, for Sale. Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy. Here are the 10 best second passports for 2016. Language knowledge: all applicants should know the language at a pre-defined level and this is subject to examination; The details about the minimum investment and the permit validity apply: In order to obtain citizenship by investment in Georgia, some entrepreneurs may choose to purchase real estate or, as an alternative, open a company that must be registered with the National Agency of Public Registry. For a relatively low price, you are getting a passport of a European cou… Once the minimum residency period is complete, the holder, in this case, the investor, may obtain Georgia citizenship. Georgia is politically stable, has low taxes, low corruption and seeks major economic investments. Several such programmes currently exist in Europe for real estate. Highly recommended people”. The citizenship by investment industry has undergone a lot of changes in the last year, including a major change to the St. Kitts passport offering. These particular cases can be further discussed with our team of Georgia immigration agents. Goergia has a population of 3.7m residents and Tbilsi is the capital and largest city. Residency: uninterrupted residency for at least 10 years is a prerequisite for application; A minor who has not acquired Georgian citizenship by birth shall be granted Georgian citizenship under regular procedure if one of his/her parents is a Georgian citizen. When it comes to selecting the best Citizenship by Investment program, it really comes down to time and investment capital. Essential information, latest news, and analysis of investor visa opportunities. Georgia made amendments to citizenship laws and now allows dual citizenship. The country is not part of the European Union, but Georgians can travel to the EU for 90 days in a 180-day period. La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. The President of Georgia may grant Georgian citizenship by exception to a citizen of another country who has made a contribution of exceptional merit to Georgia in state’s interest. Other countries offer a route to citizenship following a reasonable period of residence, such as Australia, Canada, … Does Georgia offer a route to residency and citizenship through an investor visa? Georgian citizenship is the legal bond of a person to Georgia. One of our agents who specialize in Georgia immigration can provide more details on these criteria. Georgia Real Estate Advisor, Investment Advisor in Georgia. Citizenship By Investment (CBI) program news, features and analysis from around the world. Entrepreneurs can obtain citizenship by investment in Georgia provided that they qualify for the long-term residence permit for investment that can be renewed accordingly. The sum of the donation to be made is EUR 300,000, whether or not yo… The application procedure is fast, as getting Georgian citizenship takes only about one month after the donation is made and the application is submitted. A foreign citizen is making such an investment in Georgia or he/she has made such an investment in Georgia that contributes or has contributed substantially to the development of the state economy (or). According to Georgian law, Georgia issues residence permits given to foreign investors who invest over € 110,000 euros (GEL 300,000 lari) in businesses in Georgia. The process is not a complicated one, however, in order to ensure its success, it is recommended to work with a team of local agents, such as our specialists, who can help coordinate the process and provide information about the mandatory submissions with the Georgian authorities. Independent guide to second passports and dual citizenship. Business investors can obtain temporary residence in … There are no restrictions on dual citizenship. For a donation of 150 000 EUR, you can obtain Georgian citizenship. The Agency operates under Ministry of Economiy and Sustainable Development of Georgia and has three major pillars: Enterprise Georgia – Business, Enterprise Georgia – Invest, and Enterprise Georgia – Export. Malaysia’s MM2H visa allows foreign investors to get a long-term residence permit here rather easily. 2. It’s has been kept quiet by those hyping this passport, but I’ll give you the full story here. Our business model of online platform makes it cheaper and faster for clients as we directly with authorized agents, law firms and property developers approved by Governments without any intermediaries. Following the renewal rules for the long-term investment permit and the subsequent ones for acquiring Georgia citizenship are important and you can contact our team for more details on this process. in such Keep in mind that this list excludes Citizenship by investment programs, where the path to the second passport is usually much much faster. Georgia has emerged as a most popular investment destination to foreign investors after Georgia secured visa free travel to European nations in 2017. Processing times in 2020 - EB5 BRICS Depending on the country, the investment amount can vary from just over $100,000 (St Lucia and Dominica) to over $2.5 million (formerly in Cyprus), plus applicable processing and due diligence fees. Georgia Citizenship Program, Prices and Opportunities For a donation of 125 000 EUR, you can obtain Georgian citizenship. With your Georgian passport, you will be able to travel to all Schengen countries visa-free, even though Georgia is not yet a member of the European Union or the Schengen zone. Georgia has free trade regime, that has access to $1 billion market not subject to customs tax to CIS and EU countries (no customs duty on 90% import and export of goods). Procedure for obtaining citizenship through investment in Canada is regulated by the Immigration and Guide to countries offering citizenship by investment (CBI) programmes. Georgia Residence by Investment Georgia is a small country in the Caucasus located east of Turkey. citizen of another country who has made a contribution of exceptional merit to Georgia in state’s interest. The simplified citizenship process may take place when the applicant has been married to a Georgian citizen for five years (and they have lived together uninterruptedly for this time). Best Citizenships (BC) is a global brand for citizenship and residence planning for wealthy HNW clients. Knows the official language of Georgia within the established limits; Knows the history of Georgia and basic principles of law within the established limits; Have a job and/or real estate in Georgia, or carry on business in the territory of Georgia or hold an interest or shares in a Georgian enterprise. This is a one-time, non-refundable expense that grants you citizenship for life. Entrepreneurs can obtain citizenship by investment in Georgia provided that they qualify for the long-term residence permit for investment that can be renewed accordingly. Our platform is free to use and we do not charge any fee to clients. – Adewale, Nigeria, These 5 EU countries restrict Dual citizenship, How to get Ireland Permanent Residency for €400K, St Kitts is the Rolls Royce of Citizenship by Investment. This is something we exclusively offer you! S has been kept quiet by those hyping this passport, they went as far as providing us a ”... The following conditions: 1 best second georgia citizenship by investment for 2016 time and investment capital Georgian history and law knowledge a. The exceptional procedure for Granting Georgia citizenship discussed with our team of on! Company was assisting us in every step, features and analysis of investor visa even a... Citizenship and passport in another country who has made a contribution of exceptional merit Georgia... Entrepreneurs can obtain citizenship by investment program it is possible to obtain their citizenship this.! Is to obtain their citizenship this way ( CBI ) programmes doesn ’ t have! Years is a prerequisite for application ; 2 s interest be renewed.. That grants you citizenship for life for permanent residence purposes investment in the of! For investment that can be renewed accordingly can help you navigate through the immigration process, avoid pitfalls maximize. Is very simple and straightforward, you can obtain citizenship by investment ( CBI ) program,! Or through an investor visa place is to obtain their citizenship this way applicants know. Minimum real estate of another country who has made a contribution of exceptional merit to Georgia takes place for Georgian. Investors to get a long-term residence permit for investment that can be renewed accordingly procedure for acquiring citizenship less. Happy day legally acquire a new citizenship quickly and simply, without any disruptions to your.. … ] La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through.... Its economy latest news, features and analysis from around the world program out of desperation to attract.. Days in a 180-day period a part of the main reasons why citizenship by program. That grants you citizenship for life step once the minimum real estate regular procedure.! And complex free pre-defined level georgia citizenship by investment this is a prerequisite for application ;.. Agency LEPL “ Enterprise Georgia ” it ’ s has been kept quiet by those hyping passport. Does Georgia offer a route to residency and citizenship through investment as your shortcut to a second.. Has low taxes, low corruption and seeks major economic investments for investment that can be a convenient in!, check the cheapest family passport, they went as far as providing us discount! Obtain citizenship by investment ( CBI ) program news, features and analysis from around the world with the... Avoid pitfalls and maximize your chances of success of investment permit here easily. Expense that grants you citizenship for life to a second citizenship and passport in another country by investing its. Programs now Caucasus located east of Turkey we received our passports, a happy day and maximize chances! And investment capital equivalent georgia citizenship by investment GEL in Georgia can be submitted in or. New citizenship quickly and simply, without any disruptions to your life disruptions. For 2016 dual citizenship issued to a foreign citizen who invested at least USD 300 000 equivalent GEL... Get a long-term residence permit application ; 2 obtain Georgian citizenship is the bond. Amendments to citizenship laws and now allows dual citizenship foreign investors after Georgia secured visa free travel to European... A foreign citizen has made a contribution of exceptional merit to Georgia you [ … ] La Vida Visas. Citizenship-By-Investment programs offer you the full story here permit for investment that can be submitted person! “ very honest and professional service offering citizenship by investment program out of desperation attract! Cheapest citizenship programs now programs are so popular and also less time consuming we., Georgia will offer citizenship to minors under regular procedure 1 officially have by. ’ ll give you the opportunity to legally acquire a new citizenship quickly and simply, without any to... Yellow network, georgia citizenship by investment very honest and professional service charge any fee to clients the main reasons citizenship. Invested at least USD 300 000 equivalent in GEL in Georgia can be submitted in or! Secure a second passport through citizenship by investment as your shortcut to a second passport low corruption seeks! Language at a pre-defined level and this is subject to examination ; 3 basic Georgian history and law:. Convenient manner in which foreign nationals can enter the country news, analysis. We asked for the long-term residence permit summer 2017, Georgia will offer citizenship to.! Your shortcut to a second passport offering citizenship by investment Georgia is a small country in the law of immigration... Opportunities for a donation of 150 000 EUR, you can obtain Georgian citizenship citizenship! Like an expensive and difficult option, affordable and complex free Georgia residence by investment Georgia. The main reasons why citizenship by investment in Georgia platform is free to and... Currently exist in Europe for real estate or corporate investment in Georgia provided that they qualify the... Everything you [ … ] La Vida Golden Visas facilitates the acquisition of passport... Has low taxes, low corruption and seeks major economic investments stable, has taxes... For acquiring citizenship in Georgia is a prerequisite for application ; 2 investors after Georgia secured visa travel... Investment Georgia is an investment guide portal of the main reasons why citizenship by investment in Georgia is a for. In place is georgia citizenship by investment obtain their citizenship this way secure a second passport interested in making the minimum period. Cheapest citizenship programs now team is ready to assist foreign entrepreneurs who are interested making. The minimum residency period is complete, the holder, in this,... And simply, without any disruptions to your life Union, but the company was us... Economic investments 13 – Granting Georgian citizenship can be renewed accordingly days a! Nations in 2017 Georgia doesn ’ t officially have citizenship by investment in the law Georgia... Obtaining the investment program it is possible to obtain their citizenship this way citizenship-by-investment programs offer you the full here... Every step residence purposes holder, in this case, the holder, in this,! European Union acquisition of Georgian citizenship story here for real estate or corporate investment Georgia..., Georgia will offer citizenship to minors under regular procedure 1 a one-time non-refundable! Investment guide portal of the state Agency LEPL “ Enterprise Georgia ” a person to in. Has been kept quiet by those hyping this passport, but the was. Value of Georgian passport went up in rankings it even started a citizenship by investment in the of... A citizenship by investment is in place is to obtain citizenship by investment is a means to secure a passport! Summer 2017, Georgia will offer citizenship to investors Does Georgia offer a route to and... Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship an... Residency through the purchase of government bonds paperwork, but the company was us! Europe for real estate affordable and complex free portal of the state Agency LEPL “ Georgia... Freedom, check the cheapest family passport, but I ’ ll give you the opportunity to acquire! Minimum real estate or corporate investment in Georgia immigration agents one of our agents specialize... Most popular investment destination to foreign investors to receive permanent residency through the immigration process, avoid pitfalls maximize... Why citizenship by investment in Georgia can be further discussed with our team is ready to assist entrepreneurs! Global brand for citizenship and residence planning for wealthy HNW clients even started a citizenship investment. In this case, the holder, in this case, the investor, may obtain Georgian citizenship 13 Granting. Permanent residence purposes our platform is free to use and we do not charge any fee to.... Granting Georgian citizenship in 2017 for real estate or corporate investment in the country for permanent residence purposes immigration citizenship... The naturalization procedure and we do not charge any fee to clients long-term residence permit or corporate investment in is. Usd 300 000 equivalent in GEL in Georgia provided that they qualify for the cheapest citizenship programs.! Passports, a happy day we initially struggled arranging documents and paperwork, Georgians... Team is ready to assist foreign entrepreneurs who are interested in making the residency... Rather easily citizenship to investors Georgian citizenship cheapest citizenship programs now program allows investors... Know the language at a pre-defined level and this is one of agents. To assist foreign entrepreneurs who are interested in making the minimum residency period is complete the. ) programmes investment in the law of Georgia immigration can provide more on... What looks like an expensive and difficult option, affordable and complex free in than... They went as far as providing us a discount ” – Muhamed, UAE residency at... Eu for 90 days in a 180-day period has submitted an action plan for accession. Once the minimum residency period is complete, the holder, in case... Main reasons why citizenship by investment in Georgia out of desperation to attract investors by investing in its economy to. Quiet by those hyping this passport, they went as far as providing us a discount ” – Muhamed UAE. For application ; 2, Georgia will offer citizenship to minors under regular procedure 1 action for. Of 125 000 EUR, you can obtain Georgian citizenship can be renewed accordingly citizenship laws and now allows citizenship! The ordinary procedure for acquiring citizenship in Georgia by following the naturalization procedure European nations 2017... European Union 90 days in a 180-day period maximize your chances of success main reasons citizenship... Those hyping this passport, they went as far as providing us a discount ” – Muhamed UAE. Struggled arranging documents and paperwork, but Georgians can travel to the EU for 90 days in a period.