Georgia is widely recognized as one of the most investor-friendly countries in Eastern Europe and the Caucasus. With a modern legal system, strong property rights, and transparent regulations, the legislation in Georgia has become a key reason why so many international investors feel confident investing here.
This guide explains the core laws and regulations governing business, property ownership, and foreign investment in Georgia, updated for 2025.
🏛️ 1. Foreigners Can Own Property in Georgia — No Restrictions
Unlike many countries, Georgia allows foreigners to fully own real estate, including residential, commercial, and industrial properties. There is no requirement for a local partner, and foreign investors have the same rights as Georgian citizens in terms of property acquisition.
The only exception is agricultural land, which cannot be owned by foreign individuals unless through a Georgian-registered company.
🧾 2. Fast and Transparent Property Registration
According to the World Bank, Georgia ranks among the top countries for ease of property registration. The registration process is:
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Fully digital
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Completed in 1–3 working days
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Managed by the National Agency of Public Registry (NAPR)
All property transactions are recorded transparently and protected by the state.
📜 3. Legal Framework Supporting Foreign Investment
The Law of Georgia on Investment Promotion guarantees equal rights and protections to both domestic and foreign investors. Key guarantees include:
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Protection of property rights
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Freedom to repatriate profits and capital
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Access to international arbitration
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Transparent licensing and permit systems
Foreign investors can also access Free Industrial Zones (FIZs) for tax-exempt business operations.
💼 4. Company Registration Is Fast & Simple
Setting up a business in Georgia is extremely easy. The Law on Entrepreneurs allows any person (foreign or local) to register a company within one working day.
You can establish:
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Limited Liability Companies (LLC)
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Joint Stock Companies (JSC)
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Branches of foreign companies
Foreign nationals can fully own and operate a company without residency.
💰 5. Favorable Tax Legislation in Georgia
Georgia’s tax code is one of the most competitive in the region. Key tax rates include:
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Corporate income tax: 15%
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Reinvested profit: Tax-exempt
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Personal income tax: 20%
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VAT: 18%
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No annual property tax (for personal residential use)
Georgia has adopted the Estonian tax model, meaning businesses only pay corporate tax when profits are distributed.
📑 6. Real Estate Contracts & Notarization
Real estate sales in Georgia are governed by the Civil Code of Georgia. Contracts:
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Can be signed in Georgian or bilingual format
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Must be registered at the NAPR
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Do not require notarization unless parties choose to involve a notary
Legal translation and due diligence are recommended for foreign buyers.
🛡️ 7. Legal Protection for Property Buyers
The Georgian Constitution protects private property and guarantees legal recourse in case of disputes. Investors also benefit from:
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Access to local and international courts
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Protection under bilateral investment treaties
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Strong anti-corruption reforms
🧳 8. Residency Through Investment Law
Foreigners who purchase property valued over $100,000 are eligible to apply for a one-year renewable residence permit. After several years of residency, investors can apply for permanent residency under the Law on Aliens and Stateless Persons.
🏗️ 9. Construction & Zoning Regulations
Urban development in Georgia is regulated by:
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The Law on Spatial Planning, Architectural and Construction Activities
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Local Municipal Zoning Plans (MZP)
Construction permits, master plans, and land use designations are handled at the municipal level — especially in cities like Tbilisi and Batumi. Working with licensed local architects and legal advisors ensures full compliance.
📌 Final Thoughts: Georgia’s Legal Framework Is Built for Growth
The legislation in Georgia is designed to encourage transparency, protect foreign investors, and promote sustainable economic growth. Whether you’re buying an apartment, opening a business, or investing in commercial infrastructure, Georgia provides the legal clarity and freedom that global investors are looking for.
✅ Invest Securely with Geo Properties
At Geo Properties, we work with experienced legal partners to help you:
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Verify ownership titles
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Draft and translate contracts
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Navigate permits and regulations
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Register your business or real estate quickly and securely
📞 Contact us for legal assistance and investment consulting in Georgia.
