Why Georgia | sea-inside.net
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    ABOUT GEORGIA
    Georgia is a colorful and multifaceted country, whose popularity is growing
    every year. It is distinguished from other resort countries by high demand in any
    season! From mountaineering to diving, from
    recreation to earnings, from sanatorium treatment to extreme sports — it's all about Georgia.
    How to earn on investments?
    HOW TO EARN ON INVESTMENT IN REAL ESTATE?

    The answer is simple: to rent. But in order to get a guaranteed profit, you need to choose it correctly. Apartments and houses in resorts are in constant demand. For example, the profitability of real estate in Batumi is considered one of the highest in the world (about 15-18%; for comparison, the world average is 4-10% per year). Georgia's popularity as a trendy tourist destination is on the rise. Foreigners are increasingly buying houses here. The greatest demand is for elite housing in the seaside city of Batumi. We'll tell you why investing real estate in Georgia are considered a profitable investment.

    BUYING REAL ESTATE IN GEORGIA:
    ADVANTAGES AND DISADVANTAGES
    Plus:

    Favorable price-quality ratio. Apartments in a new building can be bought from $25,000 at the excavation stage. Ease of registration. The property is issued in 15 minutes. High income. You can earn from $6,000 per year by renting out. High payback. Invested funds pay off in 5-7 years. Rising in price. According to statistics, houses here rise in price by 15-20% annually. Resident card. When buying an apartment for $100,000, they give a residence permit. No visa. Citizens of more than 100 countries can visit the country without a visa. Lack of bureaucracy and corruption. Georgia is in 6th place in the Doing Business ranking of the World Bank. No language barrier. You will be easily understood if you speak Russian or English.

    Minuses:

    Perhaps only one factor can be attributed to the minuses - the complexity of self-management if you live in other country. But in this case, hotel and residential complexes offer the services of management companies, the market which are currently being actively developed. For example, Sea Inside facilities are managed by global hotel chains (Hilton, Marriott, Holiday Inn, Wyndham, Ibis and others) to provide a high standard of service. Additional advantages of Georgia are mild climate, beautiful nature, affordable prices and hospitable people. Warm winters, long summers, the sea, forests and mountains create a unique ecological environment in which it is pleasant to live, work and rest.

    Decided to buy property in Georgia? Contact us, we will help you choose.
    SEE FOR YOURSELF IN PERSPECTIVES OF GEORGIA
    NO PROPERTY
    TAX
    There is no real estate tax for non-residents
    . In addition, according to a study by
    Forbes magazine, Georgia ranks 9th in the
    world among the countries with the lowest taxes.
    DEVELOPED TOURIST
    INFRASTRUCTURE
    Georgia is gaining popularity every year
    among guests from all over the world. Despite the
    pandemic, the influx of visitors in 2021 was
    higher by 501% compared to 2020.
    QUICK RECEIPT OF A
    RESIDENCE PERMIT
    To obtain a residence permit
    for yourself and your family members, it is enough
    to invest $100,000.
    COUNTRY COMPARISON
    Detailed table
    Place in the ranking Georgia Turkey Dubai, UAE Montenegro
    On Security in Europe 1 30 - 19
    By ease of doing business in the world 6 43 11 50
    Affordable prices for living and recreation in the world 9 34 104 48
    Annual increase in tourists 20% 20% 6% 14%
    Tax on the purchase of real estate none 4% none 3%
    Property ownership tax (per year) none 0.1% none 0.5%
    The cost of real estate for obtaining a residence permit 100 000 $ any 270 000 $ any
    Period of registration of real estate 1 day up to 14 days 7-10 days 30-60 days
    Mortgage costs 0 $ 340 $ 4 400 $ 1 729 $
    Detailed table