Why should we invest in Georgia?
Why should we buy an apartment in Georgia? Why should we spend our money here when we can move to more developed countries? To start a business or to relax?
We can name many reasons to answer this question, but the first thing I mention is the environment created by the Georgian people, you will not be received in any country with such hospitality as in Georgia. It does not matter where you are from, just visiting the country or you are going to stay here for a long time, Georgians will always try you to fall in love with their environment and come back to Georgia later.
Why should we invest in Georgia?
Because Georgia has a leading position in the region and, consequently, investing money here is of great interest to investors, especially investing in real estate. It is an important fact that investing in real estate in Georgia is three times more than investing money in Western Europe.
It should also be noted that real estate investing is mainly done in three directions:
1. Commercial space – Because the process of urbanization in the country is fast and there is also a growing number of foreign investors or tourists in the country, renting your commercial space will never be a problem.
2. Apartment / Private house – in this case you can use the rent or mortgage of the apartment, which will earn extra income in the future, you will soon be able to get back the money you invest in a particular real estate
3.Buying an apartment in tourist places – Batumi, Gonio, Bakuriani, Gudauri Buying an apartment in both sea and mountain resorts means that your income will increase very quickly during the tourist season. You can rent a house for tourists with the help of both local and international sites, and if you buy an apartment in an apartment hotel, or a multi-storey hotel complex, the company will help you to rent an apartment. That way, you can get mutual benefits, you can earn extra income and use it for personal relaxation.
Now, let’s move on to more specific reasons:
Georgia has a strategic geographical location, considered a bridge that connects European and Western markets, the Caspian and Central Asian regions.It is a place where the mountain and the sea are the shortest distance from each other, which allows us to relax in both sea and mountain resorts and make the most of our free time.
If you are planning to buy real estate in order to rent to tourists later, this is the best decision, because Georgia has a lot of resources, which attracts many tourists. Georgian culture is diverse, it has unique monuments under the protection of UNESCO, Georgian cuisine, winemaking, history, which is unique in its data, nature or other values.
It should be noted that Georgia has a high rate of economic security, as evidenced by many international agreements, including the Association Agreement with the European Union. With the development of the economy, the demand for real estate is growing and prices are constantly rising, and during economic crises, the money invested in real estate is the least damaged, and in Georgia this situation is stable, because the economy is characterized by growing development.
Statistics also show this: “According to the Heritage Foundation, Georgia was 76.2 in terms of economic freedom, of which Georgia ranks 16th out of 170 countries in the world, and 9th out of 44 countries in Europe.”
Georgia ranks 9th in the world in terms of ease of doing business, ahead of countries such as Sweden, Estonia, Finland and Australia. This data indicates the minimal problems and costs of business registration or operation, where the interests of investors are taken into account as much as possible.
Georgia ranks fifth among the safest countries (Numbeo’s Crime Index 2018), which means both personal security and a protected environment for running a business.
The country is characterized by a field of services that is constantly evolving and tailored to the needs of consumers, for example, the registration of real estate already takes only one day. Moreover, Georgia is one of the first countries where you can buy real estate remotely with the help of online calling, this method is known as “blockchain technology”, where it is impossible to falsify any information or data.
Buying real estate in Georgia is possible at a much lower price compared to other European analogues, which is one of the best reasons to make this decision, moreover, if you own real estate in Georgia, you do not have to pay any taxes.
The best opportunity to rent/mortgage real estate
For those who invest money in real estate in Georgia, it will be transformed into a successful business, because the number of people wishing to rent or mortgage an apartment is high, therefore, you will soon get back the money spent.
Many people have already used this opportunity correctly, even foreign experts confirm the growth of investment in real estate in Georgia, especially in new residential complexes, because it is better arranged, there are greenery and the best conditions for buying an apartment. Moreover, foreigners think that investing money in real estate in Georgia is one of the most valuable investments.
Right of residence
In order to obtain a residence permit in Georgia, you need to buy real estate from 35 thousand dollars, while in other European countries this figure starts from 500 thousand euros. Residence permit allows you to obtain Georgian citizenship in the future and, along with other advantages, enjoy visa-free travel to 94 countries. Which means easy movement on a travel or business trip to specific countries. The maximum period of stay without a visa is set at 90 days in any 180-day period.
It is also believed that real estate is easier to manage than other types of investments. Because it allows us to make more predictions about the future, for example, when we will be able to rent and when it might become a problem for us. With your digital connections you can easily find, rent or interest a new homeowner.
This is why most families try to buy some residential or commercial space and get back the money they spend soon after because investing in real estate gives high profits in the future.
As you can see, there are many reasons to invest in Georgia, so do not procrastinate, turn your current income into a source of future profit and invest money in real estate. We also have special conditions and offers for you.