{"id":1383,"date":"2019-06-19T22:25:54","date_gmt":"2019-06-19T22:25:54","guid":{"rendered":"http:\/\/devskey.com\/?p=1383"},"modified":"2024-10-19T18:44:47","modified_gmt":"2024-10-19T18:44:47","slug":"changes-in-work-residence-permit-requirements","status":"publish","type":"post","link":"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/","title":{"rendered":"Residency by doing Business in Georgia | Changes Requirements"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87_1 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents of this Post<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#How_investor_can_get_work_permit_in_Georgia\" >How investor can get work permit in Georgia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Documents_which_are_required_for_obtaining_your_work_permit\" >Documents which are required for obtaining your work permit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Changes_in_Minimum_Revenue_Requirement_for_Work_Residence_Permit_in_Georgia\" >Changes in Minimum Revenue Requirement for Work Residence Permit in Georgia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Changes_in_Minimum_Turnover_Requirement_for_Work_Residence_Permit_Applicants\" >Changes in Minimum Turnover Requirement for Work Residence Permit Applicants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Changes_in_Temporary_Residence_Permit_on_a_basis_of_Real_Estate\" >Changes in Temporary Residence Permit on a basis of Real Estate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#SUMMERY_on_work_permit\" >SUMMERY on work permit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#How_to_Obtain_a_Residence_Permit_by_Doing_Business_in_Georgia\" >How to Obtain a Residence Permit by Doing Business in Georgia:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Why_Obtain_Business_Residency_in_Georgia\" >Why Obtain Business Residency in Georgia?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Types_of_Residence_Permits_in_Georgia\" >Types of Residence Permits in Georgia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Requirements_for_Business_Residency_in_Georgia\" >Requirements for Business Residency in Georgia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Application_Process_and_Fees\" >Application Process and Fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Additional_Services_for_Entrepreneurs_in_Georgia\" >Additional Services for Entrepreneurs in Georgia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Why_Choose_Georgia_for_Business\" >Why Choose Georgia for Business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Contact_Us_for_Assistance_with_Business_Residency_in_Georgia\" >Contact Us for Assistance with Business Residency in Georgia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#Useful_Links\" >Useful Links<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/devskey.com\/de\/changes-in-work-residence-permit-requirements\/#FAQs\" >FAQs:<\/a><\/li><\/ul><\/nav><\/div>\n\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1383\" class=\"elementor elementor-1383\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-665dfe5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"665dfe5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f0a097\" data-id=\"1f0a097\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1216dcd elementor-widget elementor-widget-text-editor\" data-id=\"1216dcd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>From July the 1st, aliens seeking to Obtain Work Residence Permit in Georgia based on their Business Activities will face do meet bit changed requirements. In order to apply for this kind of TR you will additionally need to meet below requirements:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-345cbb4 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"345cbb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d74bd1 elementor-widget elementor-widget-heading\" data-id=\"0d74bd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_investor_can_get_work_permit_in_Georgia\"><\/span>How investor can get work permit in Georgia<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1ae72d elementor-widget elementor-widget-text-editor\" data-id=\"b1ae72d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div>Initially, If foreign citizens are interested in setting up for a company in Georgia. Hereby,\u00a0 It will be advantegeus to apply for work residence permit in Georgia. I can remind you this kind of residence permit<strong>\u00a0<\/strong>can be under employment by the both category of people. the first who want to launch a business in Georgia and. the second, who comes for starting freelance work purposes here.\u00a0\u00a0<\/div><div>Hereby, the demands regarding to this thing are easily attainable. because of the applicant has to prove that possess the required certain amount of money on account of $1,700 USD. This kind of RP can be under issuance for a period of six months or once a year. but the owners of the permit can also apply for an extension of the terms. which is maximally\u00a0 permitted to grow up to 5 years and what&#8217;s important. Hence, our team specialists will assist in this thing , of course.<br \/>According, individuals who have started their business activities here in Georgia . after six years can apply for residence permit, even permanent residence permit here.\u00a0<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cecb4d elementor-widget elementor-widget-image\" data-id=\"7cecb4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/devskey.com\/wp-content\/uploads\/2019\/06\/eba250-926051128-1200x800-panorama-1024x512.jpg\" class=\"attachment-large size-large wp-image-5928\" alt=\"Work Residence Permit in Georgia. Changes in work residence permit requirements\" srcset=\"https:\/\/devskey.com\/wp-content\/uploads\/2019\/06\/eba250-926051128-1200x800-panorama-1024x512.jpg 1024w, https:\/\/devskey.com\/wp-content\/uploads\/2019\/06\/eba250-926051128-1200x800-panorama-600x300.jpg 600w, https:\/\/devskey.com\/wp-content\/uploads\/2019\/06\/eba250-926051128-1200x800-panorama-300x150.jpg 300w, https:\/\/devskey.com\/wp-content\/uploads\/2019\/06\/eba250-926051128-1200x800-panorama-768x384.jpg 768w, https:\/\/devskey.com\/wp-content\/uploads\/2019\/06\/eba250-926051128-1200x800-panorama.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3a47d3 elementor-widget elementor-widget-heading\" data-id=\"e3a47d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Documents_which_are_required_for_obtaining_your_work_permit\"><\/span>Documents which are required for obtaining your work permit<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47770b1 elementor-widget elementor-widget-text-editor\" data-id=\"47770b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol><li>\u00a0In order to carry out entrepreneurial or labor activities in Georgia. here, a foreigner must submit to the Agency in order to obtain a work residence permit:<\/li><\/ol><ul><li>\u00a0first, an application in the prescribed form;<\/li><li>second, a copy of the foreign travel document;<\/li><li>third, a copy of a document certifying legal stay in Georgia (immigrant visa D1 \/ D2);<\/li><li>next, a document certifying employment and entrepreneurial activity (employment contract or other document certifying employment). If the above-mentioned documents do not prove the legal income of a foreigner. then,\u00a0 the amount on the foreigner&#8217;s personal bank account may be under consideration as income. the amount of which, taking into account the duration of the work permit, shall not be less than twice the monthly subsistence level of the average consumer in Georgia.<\/li><li>also, photograph, size 3\/4;<\/li><li>and, Receipt confirming the payment of the service fee.<\/li><\/ul><p>2.In order to obtain a residence permit in Georgia, a person of free profession must submit to the Agency:<\/p><ul><li>\u00a0first, an application in the prescribed form;<\/li><li>second, a copy of the foreign travel document;<\/li><li>third, a copy of the document certifying legal stay in Georgia (immigration visa D1 \/ D2);<\/li><li>next, Certificate of professional activity\u00a0<\/li><li>after that, a certificate from the bank, which reflects the amount on their personal account. hence, which should not be less than twice the subsistence level of the average consumer defined in Georgia;<\/li><li>next, Recommendation of a citizen of Georgia or a foreigner with the right of residence in Georgia on the issuance of a work residence permit. Surely, by a foreigner for the purpose of carrying out activities in Georgia in favor of individuals or public interests.<\/li><li>also, Photograph, size 3\/4;<\/li><li>and, Receipt confirming the payment of the service fee.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45f7c7f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45f7c7f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0edc39f\" data-id=\"0edc39f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f34e06 elementor-widget elementor-widget-heading\" data-id=\"7f34e06\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Changes_in_Minimum_Revenue_Requirement_for_Work_Residence_Permit_in_Georgia\"><\/span>Changes in Minimum Revenue Requirement for Work Residence Permit in Georgia<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-986b5a7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"986b5a7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67e5125\" data-id=\"67e5125\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0d2b31e elementor-widget elementor-widget-text-editor\" data-id=\"0d2b31e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0 Prove that your company monthly Revenue is at least 5 times more than Georgian Subsistence Minimum for working age\u00a0\u00a0Okay now, do not feel overwhelmed. Let&#8217;s take a look at that very minimum. As per <a href=\"https:\/\/www.geostat.ge\/en\/modules\/categories\/791\/subsistence-minimum\">national statistics office of Georgia, Subsistence Minimum<\/a> for May 2019 was 190 GEL. Accordingly,\u00a0 your monthly revenue\u00a0 shall be at least 950 GEL. Well, this make thing little bit more complicated, but still, there is no need to freak out. 950 GEL, in my opinion, is not an unbearable requirement.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a7dab4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a7dab4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-766d494\" data-id=\"766d494\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f0f2b6 elementor-widget elementor-widget-video\" data-id=\"6f0f2b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=cCo6R-_XsJg&amp;feature=youtu.be&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe4575e elementor-widget elementor-widget-heading\" data-id=\"fe4575e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Changes_in_Minimum_Turnover_Requirement_for_Work_Residence_Permit_Applicants\"><\/span>Changes in Minimum Turnover Requirement for Work Residence Permit Applicants <span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ec2f077 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ec2f077\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-95a1495\" data-id=\"95a1495\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bbd6b78 elementor-widget elementor-widget-text-editor\" data-id=\"bbd6b78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0 According to recent amendments, annual turnover of a company should exceed 50 000 GEL in order to be eligible for Temporary Residence Permit in Georgia for work purposes. In accounting world, turnover is defined as the annual net sales volume.\u00a0 Turnover differs from profit.\u00a0 Turnover and profit are beginning and ending points of income statement. Profit is turnover reduced by all kind of operational expenses.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-378450d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"378450d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b5bf227\" data-id=\"b5bf227\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a84fa45 elementor-widget elementor-widget-heading\" data-id=\"a84fa45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Changes_in_Temporary_Residence_Permit_on_a_basis_of_Real_Estate\"><\/span>Changes in Temporary Residence Permit on a basis of Real Estate<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d5a7a1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d5a7a1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8818407\" data-id=\"8818407\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e58e0c6 elementor-widget elementor-widget-text-editor\" data-id=\"e58e0c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0 Alien owning Real Estate Property with Market Value not less than 100 000 USD equivalent to GEL can claim Temporary Residence in Georgia.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa4c81c elementor-button-success elementor-align-center elementor-invisible elementor-widget elementor-widget-button\" data-id=\"aa4c81c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;flash&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"http:\/\/devskey.com\/de\/residence-permit-procedure-in-georgia-a-comprehensive-overview\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Continue Reading for a comprehensive overwiew on Residence Permits<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-433e3a9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"433e3a9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e6d0da elementor-widget elementor-widget-heading\" data-id=\"9e6d0da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"SUMMERY_on_work_permit\"><\/span>SUMMERY on work permit<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-490a58b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"490a58b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26e61fe elementor-widget elementor-widget-text-editor\" data-id=\"26e61fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>the minimum amount of money\u00a0 requesting for work permit in Georgia &#8211; $1, 700 usd<\/li><li>RP owners can apply for RP term extension<\/li><li>after 6 years work RP owners can apply for permanent RP<\/li><li>The amendments remove possibility for freelance professional to get Georgian residence permit and establish additional requirements for Georgian work residence permit seeker who shall present the following documents: (1) document confirming labor or entrepreneurial activities in Georgia; (2) document confirming that monthly salary\/income of an alien amounts to at least quintuple amount of minimum wage established in Georgia; (3) document confirming that annual turnover of a company employing foreigner or established by foreigner amounts to at least GEL 50,000 per each permit seeker. Lower annual turnover in the amount of GEL 35,000 is established for educational and medical entities.<\/li><li>According to recent amendments, annual turnover of a company should exceed 50 000 GEL<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fa435b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7fa435b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42cd926 elementor-widget elementor-widget-text-editor\" data-id=\"42cd926\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Update: Checklist for acquiring Georgian Temporary Residence Permit in 2021<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f981ebf elementor-widget elementor-widget-text-editor\" data-id=\"f981ebf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><div><div>As for the work residence permit, the application is quite smooth and simple. All we need to prepare are as follows:\u00a0<\/div><div>\u00a0<\/div><div>\u00a0<\/div><ul><li>Apply at least 40 calendar days before the expiration of your legal stay (does not mean legal stay if he\/she is in Georgia on the basis of c category visa, other country visa\/residence permit, or postponement of legal stay in Georgia)<\/li><li>Application in the prescribed form, which is filled in on the spot or can be filled in advance.<\/li><li>Foreign travel document (if the name from the Latin version is read unambiguously as it is written, translation is not necessary); <\/li><li>A photograph that can be taken on the spot; <\/li><li>Document certifying work or entrepreneurial activity (employment contract or other document certifying employment. In case of entrepreneurial activity, an extract from the entrepreneurial register);<\/li><li>Monthly income statement (income can be confirmed by a salary statement from the service, or by a bank statement on a personal bank account balance). Income needs to be five times the subsistence level in Georgia, which at this stage is about 842 GEL per month. And in case of a certificate submitted by the bank, the balance on the personal bank account should be 10105 GEL at this stage; <\/li><li>It is also necessary to submit a certificate from the Revenue Service stating that the annual turnover of the employer company \/ established enterprise exceeds GEL 50,000 per employee employed, and if the company is engaged in educational or medical activities, the annual turnover needs to exceed GEL 35,000; <\/li><li>It is also necessary to submit a certificate issued by the company on the number of foreign nationals employed. <\/li><\/ul><div>\u00a0<\/div><div>Term of service and fee is 210 GEL on the 30th day after submitting the application, 330 GEL on the 20th day, and 410 GEL on the 10th day.<\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd1eb77 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"dd1eb77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-b2f7c55 e-flex e-con-boxed e-con e-parent\" data-id=\"b2f7c55\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-79ad30e elementor-widget elementor-widget-video\" data-id=\"79ad30e\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=CWcF7ArV8jA&amp;t=14s&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4144ed5 elementor-widget elementor-widget-heading\" data-id=\"4144ed5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_to_Obtain_a_Residence_Permit_by_Doing_Business_in_Georgia\"><\/span>How to Obtain a Residence Permit by Doing Business in Georgia: <span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-803ad59 elementor-widget elementor-widget-text-editor\" data-id=\"803ad59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For foreign entrepreneurs looking to establish themselves in Georgia, obtaining a <strong>residence permit<\/strong> by doing business in the country is a straightforward process with many benefits. We will tell about reasons for pursuing a Georgian <strong>business residency<\/strong>, the requirements, and the steps you need to take to successfully apply.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4650ffc elementor-widget elementor-widget-heading\" data-id=\"4650ffc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_Obtain_Business_Residency_in_Georgia\"><\/span>Why Obtain Business Residency in Georgia?\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-876c4bc elementor-widget elementor-widget-text-editor\" data-id=\"876c4bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Georgia is becoming a popular destination for <strong>entrepreneurs and digital nomads<\/strong>, particularly from countries like Germany. While citizens from many countries can live and conduct business in Georgia without a work permit, obtaining a <strong>business residence permit<\/strong> offers significant advantages.<\/p><p>One of the key benefits is the ability to show residency in Georgia for <strong>tax purposes<\/strong>. Many entrepreneurs seek residency in Georgia to take advantage of the country&#8217;s <strong>favorable tax policies<\/strong>, allowing them to reduce their tax burden in their home countries and enjoy the perks of a <strong>tax-friendly<\/strong> environment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40b72eb elementor-widget elementor-widget-heading\" data-id=\"40b72eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Types_of_Residence_Permits_in_Georgia\"><\/span>Types of Residence Permits in Georgia\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26ed4f4 elementor-widget elementor-widget-text-editor\" data-id=\"26ed4f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There are three main categories of residence permits available for foreigners in Georgia:<\/p><ol><li><strong>Real Estate Investment Residency<\/strong>: For individuals who invest in real estate.<\/li><li><strong>Work Residency<\/strong>: For those employed in Georgia.<\/li><li><strong>Business Residency<\/strong>: For entrepreneurs who conduct business in the country.<\/li><\/ol><p><b>B<\/b><strong>usiness residence permit\u00a0<\/strong>allows entrepreneurs to reside in Georgia while managing their businesses.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd4d759 elementor-widget elementor-widget-heading\" data-id=\"dd4d759\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Requirements_for_Business_Residency_in_Georgia\"><\/span>Requirements for Business Residency in Georgia\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50e2861 elementor-widget elementor-widget-text-editor\" data-id=\"50e2861\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To qualify for a <strong>business residence permit<\/strong>, there are specific requirements you must meet:<\/p><ol><li><p><strong>Company Incorporation<\/strong>: You must establish a <strong>registered business<\/strong> in Georgia. This step is essential and can be done relatively easily with the help of professional services.<\/p><\/li><li><p><strong>Turnover Requirement<\/strong>: The business must generate a <strong>minimum turnover of 50,000 Georgian Lari<\/strong> (approximately $18,000 USD) annually.<\/p><ul><li>You can prove your turnover through accounting records and tax payments to the Georgian government, which must be in compliance with local tax regulations. This is where proper accounting and <strong>taxation services<\/strong> come into play, ensuring your business remains compliant.<\/li><\/ul><\/li><li><p><strong>Bank Account<\/strong>: You will need a <strong>Georgian bank account<\/strong> with a minimum deposit of <strong>50,000 Georgian Lari<\/strong>.<\/p><\/li><li><p><strong>Other Documentation<\/strong>:<\/p><ul><li>A completed <strong>application form<\/strong> that you can submit at the <strong>Public Service Hall<\/strong> in Georgia.<\/li><li>A <strong>recent biometric photo<\/strong>, which can be taken at the service hall.<\/li><li>A <strong>passport copy<\/strong>. Previously, passports needed to be translated and notarized, but as long as your passport is in Latin characters, this is no longer necessary.<\/li><li>A <strong>bank statement<\/strong> showing proof of your financial standing.<\/li><\/ul><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e053845 elementor-widget elementor-widget-heading\" data-id=\"e053845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Application_Process_and_Fees\"><\/span>Application Process and Fees\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-595fd9c elementor-widget elementor-widget-text-editor\" data-id=\"595fd9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <strong>business residency<\/strong> application process in Georgia is relatively simple:<\/p><ol><li><p><strong>Submit Application<\/strong>: Fill out the application form at the Public Service Hall. Be sure to include all necessary documents, such as your biometric photo, passport, bank statement, and income proof.<\/p><\/li><li><p><strong>Processing Time<\/strong>:<\/p><ul><li>The standard processing time is <strong>30 working days<\/strong>. For this, the application fee is <strong>200 Georgian Lari<\/strong>.<\/li><li>If you need faster processing, you can choose an <strong>expedited service<\/strong> that will give you an answer within <strong>10 working days<\/strong>. The expedited service costs around <strong>400 Georgian Lari<\/strong>.<\/li><\/ul><\/li><li><p><strong>Application Fee<\/strong>: Fees fluctuate slightly due to inflation, but as of now, the regular fee is <strong>300 Georgian Lari<\/strong> for a business residency permit.<\/p><\/li><li><p><strong>Residence Permit Duration<\/strong>: A Georgian business residency permit can be granted for <strong>up to 6 years<\/strong>, depending on your application.<\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63e2662 elementor-widget elementor-widget-heading\" data-id=\"63e2662\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Additional_Services_for_Entrepreneurs_in_Georgia\"><\/span>Additional Services for Entrepreneurs in Georgia\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f46c601 elementor-widget elementor-widget-text-editor\" data-id=\"f46c601\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In addition to helping you obtain a <strong>business residency permit<\/strong>, we offer a range of services designed to help foreign entrepreneurs establish and grow their businesses in Georgia, including:<\/p><ul><li><strong>Company establishment<\/strong> and <strong>incorporation<\/strong>.<\/li><li><strong>Accounting and taxation<\/strong> services to ensure you comply with Georgian regulations.<\/li><li>Assistance with <strong>real estate investments<\/strong> for those seeking residency through property purchases.<\/li><li><strong>Expat relocation services<\/strong>, including help with renting properties and settling into life in Georgia.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b003e00 elementor-widget elementor-widget-heading\" data-id=\"b003e00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_Choose_Georgia_for_Business\"><\/span>Why Choose Georgia for Business?\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71e3a62 elementor-widget elementor-widget-text-editor\" data-id=\"71e3a62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Georgia\u2019s <strong>strategic location<\/strong>, <strong>favorable tax system<\/strong>, and <strong>business-friendly environment<\/strong> make it an excellent choice for entrepreneurs and investors. Whether you\u2019re a <strong>digital nomad<\/strong> or a <strong>business owner<\/strong> looking to expand your operations, the <strong>business residency program<\/strong> in Georgia offers an affordable and efficient pathway to residency in a growing economy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9dfe30 elementor-widget elementor-widget-heading\" data-id=\"e9dfe30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Contact_Us_for_Assistance_with_Business_Residency_in_Georgia\"><\/span>Contact Us for Assistance with Business Residency in Georgia\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e7869d elementor-widget elementor-widget-text-editor\" data-id=\"9e7869d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you&#8217;re interested in applying for a <strong>business residency permit<\/strong> or need help establishing a business in Georgia, <a href=\"\/de\/contact-us\/\">contact us<\/a> today. With over seven years of experience helping <strong>foreign entrepreneurs<\/strong> and investors, we provide tailored services to meet your unique needs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5871d80 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5871d80\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e157232\" data-id=\"e157232\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b2b160 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"4b2b160\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-009b4d4 elementor-widget elementor-widget-heading\" data-id=\"009b4d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Useful_Links\"><\/span>       Useful Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59de83c elementor-widget elementor-widget-text-editor\" data-id=\"59de83c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Be aware that resent changes also apply on other two types of residence permits:\u00a0 Investment Residence and Permanent Residence Permits. Check out<a href=\"http:\/\/devskey.com\/de\/investment-residence-permit-in-georgia-changes-in-regulation\/\"> Changes in Investment Residence Permit\u00a0<\/a>here.\u00a0 <a href=\"https:\/\/matsne.gov.ge\/en\/document\/view\/4571589?publication=0\">Complete Extract of the law.\u00a0<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4b5fb9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e4b5fb9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e5048df elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5048df\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9dad6d1\" data-id=\"9dad6d1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e149ac2 elementor-widget elementor-widget-text-editor\" data-id=\"e149ac2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h2><h3>What are the most common residence permits in Georgia?<\/h3><p>The most widely used and most common TR for foreigners are work permits and investment residence permits. Work Permit is based on your entrepreneurial activities or employment. Either you have to be employed in Georgia and based on employment apply for a temporary residence permit or conduct business activity. Registering a business does not automatically grant you the right to claim residency. You have to meet some requirements. Such as a minimum turnover of 50 000 Gel for example. Work residence permits are given for a period of 1\u00a0 or 2 years, depending on your scenario.<\/p><p><a href=\"https:\/\/www.youtube.com\/watch?v=7bn1NIx8bXc&amp;t=1s\">The investment residence permit<\/a> is given to those who purchase properties in Georgia at least 100 000 USD value. It&#8217;s a simple procedure to claim 5 years of residency straight away with real estate investment. After 5 years you are eligible to claim your citizenship in both scenarios.<\/p><h3>\u00a0<\/h3><h3>Is an application for a residence permit without establishing a company possible as well? For example, if I wanna work as a freelancer?<\/h3><p>For acquiring a residence permit, you need to be either employed by a Georgian company or running your own business. If you have a small business you should consider establishing individual entrepreneurship and applying for the small business status. Being a freelancer without incorporating company in Georgia does not make you eligible for temporary residence permit (TR)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2f3082c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2f3082c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-81e89da\" data-id=\"81e89da\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cf68145 elementor-widget elementor-widget-wp-widget-ocean_social_share\" data-id=\"cf68145\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wp-widget-ocean_social_share.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5>Did you like the content? 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In order to apply for this kind of TR you will additionally need to meet below requirements: How investor can get work permit in Georgia Initially, If foreign citizens are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_front_end_style_editor":"no","ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[1,5],"tags":[247,197,234,244,16,12,66,13,246],"class_list":["post-1383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-business-in-georgia","category-residence-permit","tag-business-permit-in-georgia","tag-incorporate-business","tag-incorporate-business-in-georgia-country","tag-residence-permit-based-on-real-estate-investment","tag-residence-permit-in-georgia","tag-residence-permit-procedure","tag-restrictions-in-georgia-during-pandemic","tag-temporary-residence-permit","tag-work-permit-in-georgia","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Residency by doing Business in Georgia | Changes Requirements<\/title>\n<meta name=\"description\" content=\"Changes in Work Residence Permit, Changes in Temporary Residence Permit in Georgia on a basis of Real Estate. 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