News — 4

The Georgian Government issued Resolution No. 317 on July 9, 2026, amending the procedures for residence visa issuance under the 2014 regulations.

Georgia has simplified the procedure for obtaining a residence permit through self-employment registration by removing the mandatory requirement to confirm annual business turnover. This change applies only to the residence permit category based on business grounds, while residence permits for education, family, property, and investments remain under their respective regulations.

Overview of real estate prices in Tbilisi (from $1071 to $3150 per square meter) and analysis of property taxes in Georgia. Comparing tax burden with Turkey and the UAE helps investors assess the financial impact when choosing real estate.

Tbilisi City Hall has confirmed the demolition of the Rike Jugs building to facilitate new hotel construction on the site. The project reflects ongoing changes in Tbilisi's real estate development landscape.

The European Bank for Reconstruction and Development forecasts Georgia's economic recovery through 2028 with key investments in real estate, transport, and renewable energy. According to the EBRD, Georgia's real GDP grew 7.5% in 2025.

A decree from July 9 introduces new document requirements for work residence permits in Georgia and simplifies the income verification procedure. Special benefits apply to newly established companies.

According to market data, demand for apartments in Tbilisi in May 2026 increased by 11.1% year-on-year with sales volumes of 3.7 thousand units.

In May 2026, residential apartment sales in Tbilisi increased by 11% year-over-year. Simultaneously, the number of issued construction permits is declining, which may create a supply deficit in the real estate market.

Analysis of the Tbilisi real estate market shows growing investor demand for apartments at the construction stage. Maqro City residential complex offers attractive conditions: installment payments without a bank, discounts up to 15%, and potential rental income of up to 8.6%.