News — 4

A football club coach has been arrested in Georgia for organizing a scheme to obtain residence permits through false employment contracts. According to the investigation, foreigners paid $3,000 for each fraudulent contract.

According to the National Bank of Georgia, Russian citizens spent $307 million in the country in the first half of 2026, but spending declined 25% year-over-year. Approximately 15% of Russian citizens residing in Georgia hold resident status.

According to the National Bank of Georgia, 15.1% of Russian citizens in the country as of June 30, 2026, have resident status. The data is relevant for foreigners considering residency, tax status, and long-term residence in Georgia.

Georgia is allocating €30 million for major renovation of student dormitories as part of residential infrastructure investment. The real estate market is growing, with foreign investors purchasing entire residential developments and urban quarters.

Tbilisi authorities announced plans to demolish the Rike Jugs complex, a notable architectural landmark in the city center. The demolition is part of ongoing urban redevelopment efforts in Tbilisi.

According to Galt & Taggart's analysis, price growth in Georgia's residential property market has stabilized, with primary market prices in Tbilisi rising by 6.1%. The report highlights key demand drivers in Georgia's real estate sector.

When transferring funds from Sberbank to a Georgian account, a resident must notify the Russian tax authority (FNS) and submit mandatory reports; failure to comply will result in penalties.

Foreign investors are actively purchasing Georgian real estate, with a recent transaction involving up to 50 apartments. According to the Georgian Real Estate Association, housing prices in Tbilisi have risen by 13.5% to reach $1,314 per square meter.

According to the Georgian Real Estate Association, foreign investors have significantly increased their property purchases in the country. This trend reflects growing interest in the Georgian real estate market as an investment destination.

An analysis of Tbilisi's promising sub-centers — Didube, Samgori, Gldani — reveals active growth in the primary market driven by affordable entry prices. The article explores the investment potential of growing areas in the capital and Batumi.

Prosecutors have uncovered a transnational crime network that laundered over $7 million through real estate transactions in Georgia. The investigation revealed significant money laundering activity involving Tbilisi properties valued at more than $1 million.

The number of foreign citizens obtaining tax residency status in Georgia declined in 2024–2025. The status can be obtained by spending at least 183 days per year in the country or by acquiring high-income individual status.