Category: Georgia real estate (2)

investing in georgia real states

10 Reasons to Investing in Georgia Real Estates

آگوست 29, 2019

10 Reasons to Investing in Georgia Real Estates

We truly believes investing in Georgia real estate is the best way to earn a passive income. In our experience, real estate investing is the best form of investment because you get to use other people’s money (a renter or tenant) to pay off your initial investment, while concurrent increasing your monthly cash flow.
we’ve compiled the top 10reasons to investing in real estates Georgia through Investment Realty is a turnkey:

investing in georgia real states
investing in Georgia real states

  1. Rich Natural and Cultural Resources

Georgia is a country with amazing valleys, rivers and rugged mountains that shines in the Caucasus region. The infact nature and beauty of this country have provided the perfect conditions for hiking, leisure time. And Georgian culture is one of the richest cultures in the world.

  1. Regional Center

Georgia is located in both Asia and Europe. Thus Georgia has Visa Free Regime with Citizens of 94 countries and additionally holders of valid multi visas or/and residence permits of 50 countries may stay in Georgia for 90 days within one year period.

  1. Continuous Increase of International Visitors

The number of tourists in Georgia and of course in Tbilisi is increasing day by day. The number of international visitors arriving at Tbilisi Airport increased by more than 42%. This increase is itself growing. Now with new routes added, Tbilisi is preparing to boost Western European tourists over the next few years.

  1. Various Type of Resorts

Tbilisi is the most touristy city and the most beautiful capital of Georgia, which has the highest number of tourists compared to other cities in the country. A city that oldest attractions are set in for recreation and accommodation.
Like any other destination, hotels and accommodation close to these attractions on this tourist street are more expensive than Grunter and the farther away you are, the less expensive your accommodation will be.

  1. Great Potential to Develop Real Estate

Georgia offers great potential to develop hotel & leisure, residential and office premises. Construction in Georgia In recent years, due to Georgia’s tendency to European countries, construction of high quality homes and new technologies is expanding.. Additionally investors can benefit from the growing demand office buildings and entertainment facilities.

  1. Increase Influence Your Investment Capital

When you use borrowed capital to enhance the earning potential of an investment, you are using the full power of leverage; and since real estate is a hard asset, financing is readily available. The return on your leveraged real estate investment is substantially increased compared to a non-leveraged investment.

  1. Inflation Hedge

A long-term real estate investing strategy is an effective hedge against inflation because the value of this asset class has historically increased at a rate similar to the rate of inflation. You are thereby ensuring that your “real” or hard asset will help maintain your wealth and your standard of living.

  1. Tax Deductions

Real estate investing allows for several tax deductions. The cost of financing and dividend can be deducted from your income. This includes interest on loans, property taxes, property management costs (if any), repairs, maintenance and other related expenses that are deducted from your rental income, thereby minimizing the amount of tax paid.

  1. Wealth Creation

Over time, strategically selected real estate investments can be powerful vehicles for wealth creation. The value of your investment property increases, while the associated mortgage financing decreases through regular mortgage payments. As a result, it increases equity and increases wealth.

  1. Real Estate is a Renewable Source of Capital

Investment real estate also provides you with a renewable source of capital through re-financing options, as property values increase and mortgage financing decreases over time.

 

investing in Georgia real states
investing in Georgia real states

 

 

 

 

Georgia real estate - Tbilisi city center

How to start investing in Georgia real estate

ژوئن 04, 2019

Invest in Georgia real estate

Real Estate and Hospitality are one of the fastest growing sectors of Georgian Economy.

Over the recent years Georgia has seen a dynamic growth of international visitors, in 2015 the number of international visitors reached 5.9 million while the population of Georgia is 3.7 million people.

Number of international tourists’ arrivals is expected to grow by 8-10% during the next five years (Source: Colliers International Georgia, Hospitality & Real Estate Sector Research 2015).

Why invest in Georgia?

Georgia is known for the filming location of Gone With The Wind, Stone Mountain, peaches, the beautiful Atlanta skyline, and single family rental opportunities.

A wide variety of industries are powering the Georgia economy including manufacturing, textiles, transportation, agriculture, and tourism. With one of the fastest growing economies in the nation, it is no wonder that over twenty Fortune 500 companies call the “Peach State” home such as Home Depot, UPS, Coca-Cola, Delta, Aflac, HD Supply, and SunTrust Banks.

Benefits of Investing in Georgia:
Affordability, Constantly Increasing Tourism Numbers, High Occupancy Rates, Lack of Competition, Incredible Rental Yields, Capital Gains Potential, No Barriers to Foreign Buyers, No Property Taxes, Liberal Visa Regime, Permanent Residence Possibility

While the diversity of industries is a positive sign of a growing economy, this is further verified by the major employers in Georgia and the state’s massive $435 billion GDP. These employers include the state of Georgia, Fort Benning, Wellstar Health System, Emory University, Lockheed Martin, and the Georgia Power Company.

Investors are looking toward Georgia for real estate opportunities because of the healthy economic conditions, which in turn bring skilled workers to the state.

Do you plan to invest in Georgia real estate?

Foreigners have exactly the same rights as Georgian citizens when they want purchase residential property. There are no special requirements for foreigners and there are no additional taxes either. The only documents required to become the owner of a property is a copy of your passport and the property certificate purchase.

The registration is done very quickly. The registration of your property is done almost immediately and costs nothing in 4 working days. Otherwise, the express procedure that definitively registers your property the same day will cost you more.

Investing in Georgia real estate will allow you to obtain Georgia residency.

All real estate sales in Georgia are made in full ownership and you can buy in your own name. However, it is also possible for a foreigner to set up a company under Georgia law to own property in the country, which may be very practical from a tax point of view.

As with residential real estate, the same applies to the purchase of commercial real estate such as hotels, shops, restaurants, offices, etc. There are no restrictions in Georgia.

Georgian permanent resident permit by investing in georgia real estate

Georgia is an ideal choice for second home! The cost of living here is the lowest in Europe and the climate and local hospitality are two more reasons why you should consider moving to Georgia.

Anyone investing $35,000 or more in real estate has the opportunity of receiving Permanent Residence in Georgia – receiving all of the same benefits as native Georgians.