# Residence Permit in Georgia Through Real Estate Investment in 2026: What's Changed and How to Avoid Common Pitfalls
The Main Change
Starting March 1, 2026, obtaining a short-term residence permit through real estate for the first time requires a property worth at least $150,000 (instead of $100,000). This must be confirmed by a licensed appraiser's report. The law is not retroactive: those who received a residence permit under the old conditions usually do not need a new appraisal for renewal, provided they retain the same property.
The Pitfall: Market Value vs. Cadastral Value
An apartment purchased for $150,000 may have a significantly lower cadastral value on paper. If the appraisal falls short of the threshold, the residence permit cannot be obtained, even though the money has already been spent. So before buying:
confirm the appraised value of the property;
build in a small margin above the threshold;
engage an independent appraiser.
Two Types of Investment Residence Permits
Short-term (1 year) for purchasing real estate worth $150,000 or more.
Investment-based (5 years) for investments of $300,000 or more in real estate or business, provided the property is retained or turnover reporting is maintained.
What's Important to Remember
A residence permit does not automatically grant the right to work or citizenship.
The status is renewed for as long as you retain a property that meets the requirements.
Rules change frequently: before closing a deal, check the current regulations.
How to Choose a Property "for a Residence Permit"
Look for apartments in completed or nearly completed buildings with a clear valuation, in liquid areas of Batumi or Tbilisi. Such a property is easier to appraise, rent out, and sell if needed.
FAQ
Does buying an apartment for less than $150,000 qualify for a residence permit? For initial applications under the "real estate" basis, starting March 1, 2026 — no.
Can I buy two apartments to reach the total amount? Check with a lawyer: the rules on combining values and the appraisal of each property matter.
We'll Help You Find a Property for a Residence Permit
We select apartments where the appraised value and the purchase price align with the requirements. Leave a request at apb.ge/ru/contact, and we'll calculate the budget for you.
