Purchasing real estate in Georgia can be grounds for obtaining a short-term residence permit, but it is important to understand that simply buying an apartment does not automatically grant a residence permit. The property must meet the requirements, and the documents must be prepared correctly.
According to current data from IBCCS TAX, in 2026, a property with a market value of more than 150,000 U.S. dollars (in lari equivalent) will be required to obtain a short-term residence permit through real estate. What matters is not simply the price in the contract, but rather the market value confirmed by a certified appraisal.
This is particularly important for buyers who are choosing an apartment in Batumi not only for investment purposes but also for relocation. If the property costs less than the established threshold or the appraisal does not confirm the required amount, the purchase may not be suitable for applying for a residence permit.
It’s also important to distinguish between a short-term residence permit obtained through real estate and an investment-based residence permit. The requirements for the investment option are higher: the amount must be at least 300,000 U.S. dollars. Therefore, before buying, it’s important to clarify your goal in advance: simply to buy an apartment, generate rental income, move to Georgia, or develop a long-term residency strategy.
Before purchasing real estate in Georgia for a residence permit, you need to verify: whether the property meets the requirements, whether the required market value is verified, whether the seller has the right to sell the property, whether there are any encumbrances or legal risks, whether the contract is properly drafted, whether family members can be included, and what the processing times will be when submitting documents.
This is particularly important for buyers of real estate in Batumi, as some properties are sold while still under construction. In such cases, you must separately verify the contract, the terms for registering ownership, the completion dates, and how the property will be appraised for residence permit purposes.
Buying an apartment in Batumi can be a good decision for living, investing, and obtaining a residence permit in the future, but the approach must be thorough. It’s best to select a property in advance that meets not only your budget and taste but also your specific legal objectives.
AM Estate helps you select real estate in Batumi and Georgia based on the purpose of the purchase: for living, renting, investing, or potentially obtaining a residence permit. We select properties, compare developments, explain the terms of purchase, and guide the client through every stage of the transaction.
Source:
IBCCS TAX — Georgia Real Estate Residency in 2026: A Practical Guide for Foreign Property Buyers
https://ibccs.tax/blog/georgia-real-estate-residency-2026/
Additional source:
Geostat — Tourism Statistics / Inbound Tourism
https://www.geostat.ge/en/modules/categories/100/tourism-statistics
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