Offering luxury properties in prime locations across Batumi
Batumi sits on Georgia’s Black Sea coast with subtropical weather, mountains behind it and a hospitality sector that has drawn Radisson, Marriott, Le Meridien and Sheraton. Tourism and real estate are the two engines of the regional economy.
USD 150k
Residency threshold, Mar 2026
USD 300k
Investment route
~$1,230
Per m², new build
1%
Max annual property tax
The residency threshold changed on 1 March 2026
Georgia raised the threshold for its property-based residence permit from USD 100,000 to USD 150,000 with effect from 1 March 2026.
The statutory test is that the market value of the qualifying property must exceed the GEL equivalent of USD 150,000, as determined by an appraiser accredited by Georgia’s Unified National Accreditation Body — not the price stated in the purchase agreement. A property bought at or above USD 150,000 can still be refused if it appraises lower.
Three points that matter in practice:
- Property registered before 1 March 2026 is grandfathered at the old USD 100,000 threshold. If you already own in Georgia, do not assume you are now short.
- The figure is denominated in GEL, so exchange-rate movement between valuation and filing can affect eligibility.
- The threshold applies to total qualifying holdings, so two or more non-agricultural properties can be aggregated.
The permit is tied to continued ownership. If the property is sold, or falls below the threshold on reassessment, it will not be renewed.
The separate investment route
Georgia also operates an investment residence permit at the GEL equivalent of USD 300,000, issued for a fixed five-year term to the applicant, spouse, minor children and statutory dependants.
It is conditional rather than passive. Where it rests on a business investment, validity depends on evidencing annual turnover thresholds — so treat it as an ongoing obligation, not a one-off purchase of status.
Speak to an advisor
Thresholds here changed in March 2026 and are appraisal-based. We check eligibility before you commit.
Buying in Georgia
Foreigners have the same rights as Georgian citizens when buying residential real estate — no additional requirements, no additional taxes. Agricultural land is the exception and is restricted.
Average new-build apartment pricing in Batumi was around USD 1,230 per m² as at December 2025, up roughly 15% over the year. Annual property tax is capped at 1% of value, with each municipality setting its own rate within that ceiling. Batumi is a seasonal, tourism-driven rental market, so budget for occupancy that varies considerably across the year.
Frequently asked questions
Yes, with the same rights as Georgian citizens — no extra requirements and no extra taxes. Agricultural land is restricted.
The property route requires an appraised market value of at least USD 150,000, raised from USD 100,000 on 1 March 2026. Property registered before that date is grandfathered at the old threshold.
No. It is tied to continued ownership. If the property is sold, or its appraised value falls below the threshold on reassessment, the permit will not be renewed.
Yes. Eligibility rests on a valuation by an accredited appraiser, not the contract price. Paying above the threshold does not guarantee the property appraises above it.
Considering Georgia?
The thresholds moved this year and the rules are appraisal-based. We will confirm your position before you commit capital.