GeorgiaLong-term residence
Explore the five recorded questions, answers and sources for this pathway.
An unlimited residence permit with the right of permanent living.
g) a permanent residence permit provided for by Article 15(g) of this Law and an unlimited residence permit provided for by Article 15(k) of this Law shall be issued with the right of permanent living;
5 years holding an investment residence permit based on a USD 300,000 investment, counted from when that permit was issued; the application must be filed before the 5-year permit expires.
5. For receiving an unlimited residence permit, an alien to whom an investment residence permit has been issued on the basis of his/her making an investment of USD 300 000 equivalent in GEL and who has been holding an investment residence permit for 5 years, must apply to the Agency before the 5-year validity period of the investment residence permit expires
Years holding the investment residence permit count, with yearly business turnover in Georgia of at least USD 50,000 (first year), USD 100,000 (second year) and USD 120,000 (third, fourth and fifth years). The official source does not state whether residence on other permit types counts.
k) an unlimited residence permit to be issued to an alien and his/her family members, to whom an investment residence permit has been issued on the basis of an investment made in the amount of USD 300 000 equivalent in GEL, who has a proof of the annual turnover of at least USD 50 000 equivalent in GEL during the first year of the entrepreneurial activities he/she has carried out in Georgia; the annual turnover of at least USD 100 000 equivalent in GEL during the second year, and the turnover of at least USD 120 000 equivalent in GEL during the third, fourth and fifth years,
Answer not available
Applicants must submit fifth-year turnover of at least USD 120,000 when applying; the investment permit stays valid until the decision. The investment permit ends if the yearly turnover information is not submitted or does not prove turnover of at least USD 50,000 (first year), USD 100,000 (second year) and USD 120,000 (third, fourth and fifth years). The official source does not state card validity or loss rules for the unlimited permit once granted.
and must submit information to it on the turnover for the fifth year after the investment residence permit was issued to prove that the turnover in the fifth year after his/her carrying out entrepreneurial activities in Georgia amounts to at least USD 120 000 equivalent in GEL;
6. If an alien holding an investment residence permit applies to the Agency for an unlimited residence permit, he/she shall retain the investment residence permit until the Agency makes an appropriate decision.
. The validity period of an investment residence permit shall be terminated if an alien holding this permit fails to submit to the Agency information provided for by Article 16(1)(e) of this Law, or the information under Article 16(1)(e) of this Law submitted by the alien cannot prove the annual turnover of at least USD 50 000 equivalent in GEL during the first year of his/her entrepreneurial activities carried out in Georgia, the annual turnover of at least USD 100 000 equivalent in GEL during the second year, and the annual turnover of at least USD 120 000 equivalent in GEL during the third, fourth and fifth years
These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.
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