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Introduction

Moving to Georgia offers a blend of rich culture, strategic location, and favorable business conditions, making it an attractive destination for expatriates. This guide provides a comprehensive overview for those considering the move, detailing everything from visa requirements to post-arrival essentials.

Quick Facts About Moving to Georgia

Steps for Moving to Georgia

Georgia’s appeal lies in its dynamic business environment, low taxes, and minimal bureaucracy. It’s an ideal destination for entrepreneurs and investors looking to tap into new markets and opportunities.

Employment Opportunities

Employment is a significant reason many foreigners choose to move to Georgia. Securing a job or business venture before making a permanent move will streamline the visa and residence permit process and ensure financial stability upon arrival.

Accommodation

Finding accommodation is a crucial step. You can start by renting or purchasing property before arriving in the country. Options include living temporarily with a Georgian resident or finding short-term rentals while you search for a permanent home.

Location

Choosing the right location within Georgia can influence your employment and business opportunities. Tbilisi, the capital, and Batumi are popular choices for expats due to their economic activities and vibrant culture.

Language

Learning Georgian is mandatory for those seeking citizenship. A language test is part of the citizenship application process, so it is beneficial to start learning the language as soon as possible.

Types of Visas and Applications

Georgia offers various types of visas to cater to different needs. Understanding the specific visa requirements and choosing the right one for your situation is essential for a smooth relocation process.

Short-term Visas

Short-term visas can be single or multiple-entry, with a maximum stay of 30 days for single-entry visas. These are ideal for tourists or business visitors.

Diplomatic Visa

This visa is for foreign officials, executive and legislative authorities, and members of high-level delegations.

Special Visa

The special visa is intended for working visits, accompanying family members, personnel of foreign diplomatic missions, individuals arriving under a treaty, or military contingents.

Ordinary Visa

Ordinary visas are issued for business meetings and negotiations, offering humanitarian assistance, or individuals arriving for medical treatment.

Immigration Visa

Immigration visas are for work purposes, scientific, sports, cultural activities, freelancers, investors, or family reunification.

Transit Visa

The transit visa is for a maximum period of ten days, intended for those transiting through Georgia to enter another state.

Residence Permits in Georgia

Holding a Georgian residence permit offers numerous benefits, including tax advantages , legal residency status, and improved access to services.

How Do You Become a Resident of Georgia?

Foreign nationals can apply for various types of residence permits based on the purpose of their stay, such as work, study, or family reunification. The Public Service Development Agency processes these applications, ensuring that all necessary conditions are met for approval.

Work Residence Permit in Georgia

The work residence permit is granted to individuals who are coming to Georgia due to their entrepreneurial or labor activities. To qualify and apply:

You must have an employment contract or an employment certificate with at least 6 months remaining.
You must have proof of sufficient funds to support yourself for the duration of the residence permit.
The turnover of the sponsoring LLC or IE should exceed 50,000 GEL for each foreigner in the business.

To apply, submit the following documents:

Extract of the sponsoring LLC or IE from the Registry .
Copy of a travel document (passport).
Proof of employment or entrepreneurial activity.
Proof of sufficient funds.
Photo 3×4 in size (electronic).
Receipt certifying the payment of service fees.

Short-term Residence Permit in Georgia

This permit is based on property ownership exceeding 100k USD. It is issued to individuals who own immovable property in Georgia with a market value above USD 100,000 equivalent in GEL. To apply, submit the following documents:

Copy of travel document.
Proof of legal stay.
Property extract.
Market value certificate.
Photo 3×4.
Payment receipt.

Family Reunification Residence Permit

Issued to family members of a foreigner holding a residence permit or to family members of a Georgian Citizen. Submit:

Copy of travel document.
Proof of legal stay.
Document proving the relationship (e.g., marriage or birth certificate).
Proof of income or sufficient funds.

Citizenship by Naturalization in Georgia

An individual may acquire Georgian citizenship through several methods:

Ordinary Procedure: For foreign nationals who have been living in the country lawfully for ten years.
Simplified Procedure: For individuals married to a Georgian citizen who have been living in the country lawfully for five years.
Through Exception: For foreign nationals who have made exceptional contributions to the country.
Through Restoration: For those whose citizenship was wrongfully terminated.

Georgia Payroll Taxes Explained for Expats

Moving to Georgia for work involves understanding the local payroll tax system. Here’s a simplified breakdown of what you need to know (here is a information for tax optimization for individuals and companies in Georgia:

Flat Income Tax

All employees in Georgia, including expats, are subject to a flat income tax rate of 20%. This makes payroll management straightforward and predictable.

Social Security Contributions

Both employers and employees contribute a percentage of wages to Georgia’s Social Security system, ensuring social security benefits.

No Additional Mandatory Taxes

Georgia does not impose separate unemployment or disability insurance taxes, simplifying your payroll obligations.

Georgia Payroll Tax Rates 2024

Income Tax

Flat rate 20%

Employer Social Security Contribution

Specific percentage based on wages

Employee Social Security Contribution

Specific percentage based on wages

Important Notes:

Tax rates can change, so always consult the Revenue Service of Georgia website for the most up-to-date information.
Businesses may need to factor in additional local taxes, depending on their location within Georgia.

Choosing the Right Business Structure

When relocating to Georgia and opening a business , understanding the implications for payroll is crucial. Here are popular business structure options:

Sole Proprietorship

The simplest and most common structure for small businesses. Payroll is often less complex with this structure.

Limited Liability Company (LLC)

Offers flexibility and protection from personal liability. Payroll calculations might have additional steps compared to a sole proprietorship.

Corporation

Provides a more formal structure, potential tax benefits, and separation of ownership and management. Corporations can have more intricate payroll processes.

We can guide you through the choices and ensure your payroll aligns with your specific business entity.

Power of Attorney

Power of Attorney (POA) can be a powerful tool for expats in Georgia, allowing you to delegate specific tasks, including payroll management. Here’s what you need to know:

What is POA?

A legal document granting someone else the authority to act on your behalf. POA Can be used to authorize someone to manage payroll, sign tax documents, and make payroll-related decisions.

Requirements

Specific steps and legal formalities must be followed to create a valid POA in Georgia.

Protect your interests and potentially simplify operations by understanding the nuances of POA in Georgia. Consult a legal professional for personalized guidance.

Opening a Bank Account in Georgia

Opening a bank account in Georgia is a straightforward process, essential for managing your finances and facilitating your stay in the country. Here’s a step-by-step guide to help you open a bank account in Georgia.

Why Open a Bank Account in Georgia?

Ease of Transactions: Facilitates everyday transactions, bill payments, and local purchases.
Salary Deposits: Necessary for receiving salary payments from Georgian employers.
Investment Management: Helps manage investments and business transactions within Georgia.
Access to Services: Provides access to financial services like loans, mortgages, and online banking.

Requirements for Opening a Bank Account

To open a bank account in Georgia, you will need the following documents:

Valid Passport: Your passport must be current and valid.
Residence Permit: Proof of your legal residence status in Georgia.
Proof of Address: A document showing your local address, such as a utility bill or rental agreement.
Employment Contract or Proof of Income: Necessary for certain types of accounts, especially if you plan to receive your salary in this account.

Steps to Open a Bank Account

Choose a Bank:

Research and select a bank that meets your needs. Popular banks in Georgia include TBC Bank, Bank of Georgia, and Liberty Bank. Consider factors like service quality, branch locations, and online banking options.

Visit the Bank:

Visit a local branch of your chosen bank. It’s advisable to make an appointment, although walk-ins are generally accepted.

Submit Required Documents:

Provide the necessary documents, including your passport, residence permit, proof of address, and employment contract or proof of income.

Complete Application Forms:

Fill out the bank’s application forms for the type of account you wish to open. Bank staff will assist you if needed.

Initial Deposit:

Some banks may require an initial deposit to open the account. This amount varies depending on the bank and the type of account.

Account Activation:

Once your application is approved and processed, your account will be activated. You will receive your account details and a debit card (if applicable).

Types of Bank Accounts

Current Account: Ideal for daily transactions, salary deposits, and bill payments.
Savings Account: Offers interest on deposits and is suitable for saving money.
Foreign Currency Account: Allows you to hold and manage funds in foreign currencies like USD or EUR.

Online and Mobile Banking

Most Georgian banks offer robust online and mobile banking services, allowing you to:

Check account balances
Transfer funds
Pay bills
Manage investments
Access customer support

Tips for Managing Your Bank Account

Maintain Minimum Balance: Ensure you meet any minimum balance requirements to avoid fees.
Monitor Transactions: Regularly check your account statements to monitor transactions and detect any discrepancies.
Secure Your Information: Use strong passwords and enable two-factor authentication for online banking to protect your account.

Opening a bank account in Georgia is a key step in settling into your new environment, providing you with the financial tools and services you need for a smooth and successful stay. For personalized assistance and support, consider reaching out to Gegidze Agency , your reliable partner in navigating the relocation process.

Did You Know?

Georgian Immigration Visa

If you are traveling to Georgia, you may need a Georgian Immigration Visa. Many expats come to Georgia with hopes of directly applying for residency, but in some cases, additional requirements must be met before applying.

Immigration Visa Sub-Categories

Immigration visas enable foreigners to apply for residency and conduct various activities in Georgia. These visas are divided into sub-categories:

D1 Visa: For business or labor activities.
D2 Visa: For scientific, sports, cultural, or educational missions.
D3 Visa: For study purposes.
D4 Visa: For family reunification.
D5 Visa: For individuals who own property in Georgia worth over USD 100,000 equivalent in GEL.

Advantages of Holding Georgian Residence Permits

Tax & Legal Immigration Benefits

Continuous Stay: Stay in Georgia without needing to exit and re-enter the country.
Path to Permanent Residency: Securing a residence permit sets you on the path to acquiring permanent residency.
Establishing a Legal Home: Holding legal residence and tax residency in Georgia can demonstrate the country as your legal home, potentially reducing or eliminating taxes from your country of origin.
Family Reunification: Facilitate the process of reuniting with family members.

Living & Other Advantages

Living Convenience: Easier access to government and notary services, smoother interactions with banks, utility companies, and more.
Access to Certain Services: Residency is often a prerequisite for getting certain services, such as applying for a visa from a UK visa center in Georgia.
Access to Healthcare: Improved access to the healthcare system.
Travel Flexibility: Visa-free or visa-on-arrival access to certain countries.
Unexpected Advantages: Early access to vaccination during the COVID-19 pandemic compared to non-residents.

How Gegidze Agency Can Help

At Gegidze Agency, our team of experienced immigration lawyers in Georgia is dedicated to making your relocation process as seamless as possible. We provide comprehensive support in the following areas:

Visa Applications: We assist you in selecting and applying for the most suitable visa based on your individual needs and circumstances.
Residence Permits: Our experts help you navigate the complexities of applying for various types of residence permits, ensuring all criteria are met and documentation is correctly submitted.
Citizenship Applications: We guide you through the steps required to apply for Georgian citizenship, including fulfilling residency requirements and preparing necessary documentation.
Pre and Post-Arrival Services: From finding the right property to rent or purchase, to setting up utility agreements and bank accounts, we offer full support to ensure a smooth transition to your new life in Georgia.

Contact us here .

Conclusion

Is Georgia a Good Country to Live In? Moving to Georgia offers numerous advantages, from economic opportunities to a rich cultural experience. By following this guide and seeking professional assistance, you can ensure a smooth and successful relocation process. Whether you’re an investor, an employee, or someone looking to start a new life, Georgia welcomes you with open arms.

Frequently Asked Questions (FAQs)

Is it easy to immigrate to Georgia?

Immigrating to Georgia is relatively straightforward, especially for those with employment, investment, or family ties.

What types of visas can be applied for in Georgia?

Short-term Visas: Single or multiple-entry, with a maximum stay of 30 days for single-entry visas.
Diplomatic Visa: For foreign officials, executive and legislative authorities, and members of high-level delegations.
Special Visa: For working visits, accompanying family members, personnel of foreign diplomatic missions, individuals arriving under a treaty, or military contingents.
Ordinary Visa: For business meetings and negotiations, offering humanitarian assistance, or individuals arriving for medical treatment.
Immigration Visa: For work purposes, scientific, sports, cultural activities, freelancers, investors, or family reunification.
Transit Visa: For a maximum period of ten days, intended for those transiting through Georgia to enter another state.

Can I stay in Georgia visa-free?

Foreign nationals from certain countries can enter Georgia visa-free and remain for one year. These countries include the United States, New Zealand, Austria, Albania, Belgium, Belize, the United Kingdom, Spain, Japan, Ireland, Canada, Cyprus, the Netherlands, Russia, Norway, Poland, Singapore, and others.

What types of D-category visas are available?

D1 Visa: For contracted work or entrepreneurship.
D2 Visa: For scientists, athletes, those engaging in cultural or educational activities, foreign press workers, interns, volunteers, and freelancers.
D3 Visa: For students admitted to authorized educational institutions, such as Tbilisi State Medical University or international educational programs.
D4 Visa: For family reunification.
D5 Visa: For investors who have purchased property (excluding agricultural land) that exceeds a certain market value.

What do I need to consider when moving to Tbilisi?

Entry Requirements and Visa: Check the entry requirements and obtain a visa as necessary. Consult specialists for specific visa types and procedures.
Housing: Start searching for an apartment or house for rent or purchase before applying for a visa. Research different areas in Tbilisi to find suitable accommodation options as soon as you decide to move.
Services: Signing agreements for services like internet and telephone is relatively easy, and most services will be in place when you rent an apartment.
Health Insurance: Consider health insurance options. While you may not need private health insurance immediately, it’s good to keep this in mind for the future.
Language: Learning Georgian is important, especially if you plan to make your stay permanent. Knowledge of the language is mandatory for obtaining citizenship, along with basic knowledge of Georgian history and law.

What other legal services are available?

How can you navigate Georgian Immigration Law?

Georgia’s immigration system is unique and can be complex. For businesses and individuals looking to relocate, understanding and adhering to Georgian immigration laws is crucial. Missteps in this process can lead to delays, denials, and potential legal issues.

What comprehensive visa and residence permit assistance is available?

Visa-Free Travel: While some nationals can enter Georgia visa-free for short stays, long-term relocation requires obtaining the appropriate visa or residence permit. Our team provides expert guidance on the best visa options for your situation, whether it’s for work, study, or family reunification.
Types of Visas: We assist with a range of visas including:
Short-term visas for tourists and business visitors.
Diplomatic and special visas for government officials and their families.
Ordinary visas for business meetings, humanitarian efforts, and medical treatments.
Immigration visas for work, study, family reunification, and investment.
Transit visas for short stays during travel through Georgia.
Residence Permits: Securing a residence permit is essential for long-term stays. We help you navigate the application process for various permits such as work, study, family reunification, and investment.

How can you ensure compliance and avoid legal pitfalls?

Legal Representation: Our experienced immigration lawyers ensure that all your documentation meets Georgian legal standards, reducing the risk of application rejections and delays.
Post-Arrival Support: We assist with post-arrival essentials such as finding accommodation, signing utility agreements, and opening bank accounts, ensuring a smooth transition to your new life in Georgia.

What strategic relocation options are available for work, study, and family reunification?

Work Residence Permit: Ideal for foreign nationals employed or running a business in Georgia. We facilitate obtaining the necessary permits and ensure compliance with local labor laws.
Study Residence Permit: For students accepted into Georgian educational institutions. We guide you through the process from application to securing housing.
Family Reunification: We help families reunite by assisting with the necessary permits for spouses, children, and other dependents of residence permit holders.
Investment Residence Permit: For investors meeting the minimum investment requirements. We assist in acquiring the necessary permits and provide ongoing legal support.

What are the advantages of choosing Georgia?

Low Living Costs and Business Opportunities: Georgia offers a favorable business environment with low taxes and minimal bureaucracy. It’s an attractive destination for entrepreneurs and investors seeking new opportunities.
Dual Citizenship: Georgia allows dual citizenship, making it easier for you to maintain ties with your home country while enjoying the benefits of Georgian residency.