5 reasons to invest in real estate in Georgia

  1. Simple registration of real estate: you just need a foreign passport and registration takes place in 1 day.
  2. There is no tax on the acquisition and ownership of real estate; income tax on rental property is only 5%.
  3. Possibility of obtaining a residence permit by investing in real estate in excess of $100,000; investing over $300,000 US dollars, you have an opportunity to obtain Georgian citizenship.
  4. Safe and favorable living conditions in the country.
  5. Investment attractiveness: the average return on rental property is 12% per year.

In 2023, the “Oscar” of tourism was hosted by Batumi.

Adjara won the European All-Season Tourism Destination Award at the “World Travel Awards” ceremony. And Batumi kept the title of the Europe’s leading emerging tourism destination.

Batumi, as rapidly growing European tourist destination, became the winner of the most prestigious award in the field of tourism, the World Travel Awards, for second time last year, and for the first time, this resort city won the tourism “Oscar” in 2019.

According to the official Geostat (National Statistics office of Georgia) data, in the last decade, Georgia's economic growth rate has been improving every year. In 2022, it amounted to 10.1%.

The largest investor countries for Georgia are: United Kingdom 20.8%, Spain 17.2%, Netherlands 9.4%, USA 8.4%, Ireland 5.7%, Russia 5.2%, Czech Republic 4.0%, Japan 2.8%, Turkey 2.6%, China 2.1%.

Construction company JB Development fully concurs with international assessments about country's investment potential and brings an opportunity to foreign investors to make steadily growing investment.