Updated:
- As of March 1, 2026, the threshold was raised from $100,000 to $150,000
- It's the official assessed value that counts, not the purchase price
- This is a temporary residence permit, not citizenship
- Alternatives exist: IE status with income, or HNWI residency without 183 days in the country
What Changed in March 2026
For a long time, the threshold for a temporary residence permit via property purchase in Georgia was $100,000. As of March 1, 2026, it was raised to $150,000 — a significant tightening, and if you've seen the older figure in articles from 2023–2024, rely on the current threshold rather than outdated data.
Alternative Paths to Residency
Buying property isn't the only route. Registering as an individual entrepreneur with sufficient income is another working option, though the specific requirements were revised in April 2026 and, as of now, are being clarified by a separate government decree. For those not willing to physically spend 183 days a year in Georgia, there's a separate high-net-worth individual (HNWI) tax residency status — for those with roughly $1.1 million in assets or verified income of $75,000+ a year for three years running.
Frequently Asked Questions
What property value is currently needed for Georgian residency?
As of March 1, 2026, the minimum assessed value was raised from $100,000 to $150,000. Rely on this current threshold rather than figures from older sources.
Is the $150,000 the purchase price or the assessed value?
It's the property's assessed value, not the actual purchase price. If the assessment comes in below the price, the threshold may not be met even for a more expensive deal — so commission the assessment in advance.
Are there other paths to residency besides buying property?
Yes — registering as an IE with sufficient income (rules are being clarified after the April 2026 reform), and HNWI status for tax residency without the 183-day requirement at high income or asset levels.