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The $150,000 residence permit rule, in one page

2026-09-11 · Property

The $150,000 residence permit rule, in one page

Since 1 March 2026 a Georgian residence permit through property needs $150,000, judged on a certified valuation and on registered ownership. Here is what that actually means when you are choosing a unit.

Three things people still get wrong

It is the appraisal, not your contract. A $152,000 purchase that an accredited assessor values at $141,000 fails. Get the valuation before you sign.

It is registered ownership, not a signed contract. Off-plan counts for nothing until the finished building is registered in your name — a 2029 handover is a 2029 permit.

You can combine properties. Two apartments at $80,000 each satisfy the threshold, provided both are registered to the same applicant.

The grandfather clause is worth knowing

If your property was registered before 1 March 2026, the old $100,000 threshold still applies to you, and existing permit holders can renew without a new appraisal as long as they keep owning it. What is not cleanly settled is what happens if such a permit is allowed to lapse — so renew on time rather than find out.

And the question nobody asks

Citizens of 94 countries — every Gulf state, Jordan, Turkey, the EU, the UK, the USA — can already stay in Georgia visa-free for a full year per entry. Be clear about what the permit buys you beyond that: a residence card, easier banking, a formal address, and years that count toward permanent residency. Those are real. Buying a $150,000 apartment purely to be legally present somewhere you can already be legally present is not.
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