It may be extended for an additional period of up to 5 years, provided that the total period of issuance of a temporary residence permit in Georgia should not exceed 6 years; A residence permit is issued by the Public Service development agency within 30 days after receiving a complete set of required documents. The application and the required documents must be submitted in Georgian, English or Russian. However since 2018, all investors receive temporary residence permits for 5 years to finally be eligible for permanent residence permit. First time applications must be made from within Georgia. To conclude, there are 4 types of residence permit for foreign investors. Contact the immigration agent via skype with the handle “sda.gov.ge” and arrange to speak to them in person and to fill in the online application. Only minimum documents are required. Note that I'm not talking about *tax residency*. To invest in a business project in the territory of Georgia in the amount of 150 000 US dollars or more. The MVV (Machtiging tot Voorlopig Verblijf) is a provisional residence permit that allows you to enter the Netherlands as a potential resident rather than a tourist. Briefly, Investment Residence permit applies to those who have the following criteria: Applying through this permit will grant a 5-year, temporary residency permit for the investor. A foreigner who has been rejected and not granted a residence permit in Georgia has the right to reapply on the same grounds at least one month after the decision to reject the first application has been made. It is renewed annually and after 10 years you can apply for permanent residence. Second option requires your company to have turnover around $17,000 per one foreign employee (e.g you) before you can apply for residency. Photocopy of a document evidencing alien’s lawful stay in Georgia. As in the case of the investment residence permit, a Georgian certified assessor evaluate the property value in this case, and the holder of such kind of permit shall keep the ownership on the property for one year. Online application for a residence permit of a former Georgian citizen should be electronically accompanied by the following documents: Photocopy of an alien’s travel document. For students and family reunification, the sufficient funds requirement is lower than the work permit. Extension is not possible for ordinary passport holders. More importantly, the holder of the residence permit card shall annually provide relevant government bodies the information about the annual turnover of its business activities and shall prove that the annual turnover resulting from business activities exceeds the numbers below: In case the investment residence permit is based on the real estate ownership, the individual shall keep the ownership of the property which was the basis of issuing the residence permit, in order to keep the residence permit, or otherwise replace the property by satisfying the same requirements. Temporary and Permanent Residence allows the holder to stay in Georgia throughout the duration of the residence period granted. ... branches of the Public Service Hall and Community Centres issue official documents such as passports of a Georgian citizen and residence permits (cards). However, purchasing property is not the only type of residency permit in Georgia. Either the sponsor or applicant must provide documentation (eg. Within 1 month after receiving a residence permit in Georgia, a foreigner should apply for a residence card at any territorial office of the Public Service development agency, branch of the Public Service Hall, or Community Centre. 110.000 EUR) in the Georgian economy in the form of i.e. Firstly, one option is that your employment contract shows the wages you will be paid. Imagine a world, where you can see real videos of the university, its admission requirements, tuition fees, and get quality support from admission officers from the comfort of your home. registration documents of the LLC or IE ) & proof of. Georgia is a small country in the Caucasus located east of Turkey. The term of the residency is 1 year. Photocopy of a document evidencing termination of Georgian citizenship. Need help with your residency application, See our residency application service. You’ll learn: Disclaimer: This webinar was recorded shortly after the new legislation was released on Dec 16th 2020. Takes 2 days (with the possibility to finish the whole process in 1 day), Open a corporate account in any banks operating in Georgia, It only applies to the founder(s) of the company in Georgia, The company’s annual turnover must be more than 50,000 GEL (17,000 USD), Founder(s) income must be minimum 330 USD (950 GEL), Extract of the legal entity from the business registry. The following documents should be submitted: The residence permit for family reunification is issued to family members of a foreigner already holding a residence permit in Georgia or to family members (Children/dependants & Spouse, only) of a Georgian Citizen. We explain all the above options from this article in greater detail, including clarification on some key points that those trying to apply for residency often get wrong. What are the types of residence permits in Georgia? Renewals of an existing permit can be made online from outside Georgia, providing at least 40 days validity remain on that existing permit. issued to a spouse, parent and child of a citizen of Georgia. It goes to the individual who has been holding the Investment Residence Permit mentioned above for five years. In the past, it was possible to directly apply for permanent residence permit by investing 300,000 USD. In less than 2 days, register your company, your personal and business bank accounts, activate them in 2 days and start your business. A document certifying a legal and uninterrupted stay in Georgia is a Georgian visa, a residence permit or card, or a stamp bearing the date certifying the crossing the Georgian state border; Should know the state language to the pre-defined level. Certificate issued by an educational institution authorized in Georgia on the study of a foreigner (indicating the estimated duration of study). Grab the Offer. 110.000 EUR) in the Georgian economy in the form of i.e. Here are As many expatriates living in Georgia know, the mayor of Tbilisi, Kakha kaladze has recently put forth a set of amendments for the Georgian parliament to change the residency law for foreign citizens. See our residency application service. For some countries, though, it is possible to enter Germany without a visa during those first 90 days and apply for the residence permit from inside the country. Sterling made business registration easy and comfortable for you. See our residency application service. It issued to a foreigner who made the investment amounted to at least 300,000 USD in Georgia or who has the property ownership of 300,000 USD worth (real estate, except agricultural land) on the territory of Georgia. Georgian government intends to offer investors the following conditions for obtaining a residence permit: Invest in the national economy or the real estate market (apart from the investments into rural land plots) of Georgia starting from and not less than 300,000 dollars. issued to an alien who is reasonably supposed to be a victim of human trafficking or injured as a result of human trafficking in cases stipulated by the law of Georgia “On fighting human trafficking”, to an alien for whom a member of the Government of Georgia files a written application for temporary residence permit in Georgia. Additional extensions can be issued but the total period of issuance of a temporary residence permit in Georgia should not exceed 6 years. It does not, however, entitle the holder to a Georgian passport, with access to the Schengen Area. Residence permit authorizes the right of a foreign citizen to enter and stay in Georgia or transit the territory of Georgia during the term of validity of residence permit. For any temporary residence application your current document proving you are legally in the country (Passport stamp, previous temporary residence permit, visa etc) must have at least 40 days validity remaining. You or your sponsor can apply for the MVV and the residence permit simultaneously before you travel. By buying a property in Georgia and investing in real estate in Georgia you can obtain a residency for all family members. Your application done for you? We can help make all the applications for you and help you get all your documents in order. Work Permit is no longer a separate document. ), photo 3×4, proof of legal stay in Georgia (if applicable). Visit our residence permit application procedure page to get all the information you need regarding the application process: the requirements for the different types of residence permit, the documents you will need and the costs involved.. Do I need a work permit as well as a residence permit? But one thing that applies to everyone, regardless of nationality, is that you need a Switzerland residence permit to remain in the country for longer than three months. A document certifying the market value of the property; market value determined by the certified appraiser of the accredited body of the legal entity of public law – the Unified National Accreditation Body – Accreditation Center. All these residence permits are temporary until after 5 years when investors can apply for permanent residence permit. 2. They may record the interview. Copy of a travel document of the applicant (normally a passport). The application and the required documents must be submitted in Georgian, English or Russian. There are several types of residence permits. As of December 14th 2020, this amount is 187.5 x 5 = 937 GEL per month. If, and only if, you are renewing an active residency permit, you can do so from abroad, online. The short-term residence permit is issued to the person – and his/her family members (dependants or spouse only) – who, according to the rule established by Georgian legislation have the right to immovable property (except for agricultural land), with the market price above 100,000 USD equivalent in GEL. If your Residence Permit is approved and you get your visa D at the embassy of Belgium, it usually means that you are authorised to work for at least four years. Getting a residence permit in Georgia by buying a property in Georgia is one of the easiest ways to get a residence permit in Georgia. By buying a property in Georgia and investing in real estate in Georgia you can obtain a residency for all family members. Such instances are specified in the Law of Georgia on Combating Human trafficking. The Georgian Law on the Legal Status of Aliens and Stateless Persons, amended on 30 May, now requires foreign citizens to acquire real estate with a market value of at least $100,000, up from the previous $35,000 threshold, to be eligible for a one-year residence permit. Georgia’s diplomatic missions and consular offices abroad. Managing Partner @ ExpatHub.GE | Expert on Tbilisi/Georgia re-location, visas/residency, business, food, wine and more. A licenced auditor verifying turnover paid into your foreign bank accounts. The work residence permit is granted to individuals who are coming to Georgia due to their entrepreneurial or labor activities. Obtaining a Residence in Georgia with the purchase of property Getting a residence permit in Georgia by buying a property in Georgia is one of the easiest ways to get a residence permit in Georgia. Having a child with the Georgian spouse would strengthen their case for naturalization. Get everything!. After 6 years you would be expected to apply for Georgian citizenship. I'm talking about residence permit. Get Georgian residence Permit. Wages should be at least 5 x Georgian subsistence income per month. Once your petition is approved you can get your Georgian residence permit in a matter of days. Our fee for this service is EUR4,950 per visa. If you are not receiving guaranteed wages, you must provide a bank statement from your Georgian bank account showing funds equal to 937 GEL per month for each month of the desired duration of the residence permit (ie. is issued to a foreign citizen who might be a victim of human trafficking. Temporary residence permits are first issued for a period of 6 to 12 months. the 1st year is easy, the turnover must exceed 50,000 USD, as for the 2nd year, the turnover must exceed 100,000 USD, for the remaining years, 3rd, 4th and 5th years, the turnover must exceed 120,000 USD. issued to an alien who has made investment in Georgia amounting to at least 300 000 GEL, in accordance with the law of Georgia “On supporting investment activity and guarantees”, as well as to their family members. Certified property value assessors in Georgia will determine value of the property. The applicant’s level of competency and desired type of work will determine which residence permit they need. Copy of a travel document of the applicant (property owner); Copy of a document certifying the applicants’ legal stay in Georgia (with at least 7 days validity – though they sometimes request 40 days); A document proving that the applicant owns the immovable property with the value exceeding GEL equivalent of 100,000 USD in the territory of Georgia. Proof of the existence of the Georgian LLC or Individual Entrepreneur). In short, this type of residency has 3 main criteria: The founder will receive a 1 (one)-year temporary residency permit. Residence permit and residence card. 2. However, even the residence permits for Switzerland have different rules and conditions for EU/EFTA and non-EU/EFTA Extensions can also be done at the public service halls. First time applications must be made from within Georgia. 3. 3. It is not currently possible for foreigners to obtain Georgian passports, except in vary exceptional circumstances. Permanent residence permit goes to an alien who has been residing for the past 6 years based on temporary residence permit in Georgia. Photocopy of a document evidencing alien’s lawful stay in Georgia. It also authorizes a holder to invite another foreigner to Georgia. The MVV is not an official residence permit. Located in Central Europe, Austria is a beautiful country, that offers quality higher education. A foreigner is obliged to apply to the Agency with a request for a residence permit 40 calendar days before the expiration of his / her legal stay on the territory of Georgia. Copy of your VAT turnover statements from the revenue service. ... branches of the Public Service Hall and Community Centres issue official documents such as passports of a Georgian citizen and residence permits (cards). All new (first time) applications should be done within Georgia. If the applicant has a relative who has the income in Georgia, the applicant might use a document that shows income of the relative submitted with the relevant document proving the relationship between those two), Details on the most important elements of the 4 main types of residency application, Tips for a successful residency application, 6 unique residency “hacks” if the standard methods will not easily work for you. to support oneself for the duration of the residence permit (6 to 12 months for the first permit, up to 5 years for future permits). Residence permit and residence card. What type of Georgia’s residence permit applies to investors? OR the applicant can show they have a Georgian bank account with a total amount exceeding 400 GEL times the number of months of the duration of the permit (ie. Within 10 days of making the application, notarised and translated (to Georgian) copies of the documents must be delivered to the immigration office 67 A. Tsereteli Avenue, 0154, Tbilisi, Georgia (please double check the address with the agent you speak to on skype in case they need documents sent to a different address), 1% Tax? To conclude, there are 4 types of residence permit for foreign investors. The process of registering your company in Georgia is very simple: There are certain figures which are important for an investor’s company. Notice which states the total number of foreign employees in the company. The investor can apply for this type of residence permit only after this 5-year period. It means that a foreign citizen to obtain residency must purchase a property at the minimum value of 100,000 USD to be eligible for a one-year residency card. Founded company’s annual turnover shall exceed 50,000 GEL (which is equivalent to 17,000 USD as in September 2019). We do recommend taking your passport if you have one, as some people have … 2. New regulations on residence permits in Georgia entered into force on 5 July. Residence permit in Georgia; Getting a residence in Georgia is relatively easy. After 6 years you would be expected to apply for Georgian citizenship. The visas described above are all used for immigration purposes. Copy of a travel document of the applicant (normally a passport); A document proving the relationship (might be a marriage or birth certificate); Proof of income or sufficient funds. You can get the answer on your application within a maximum of 30 days and a minimum of 10 days. Then, pay the rest of our service fee only after successfully arriving in Georgia. Business investors can obtain temporary residence in Georgia by investing 115,000 USD. Document showing total turnover of the LLC or Individual Entrepreneur, as detailed above. You should submit documents and make your application at your local public service hall. 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