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umziehen-nach-georgien-license
umziehen-nach-georgien-license
Moving to Georgia: Your Stress-Free Fresh Start – Everything about Visas, Residency, and More!
Dreaming of life in Georgia? The possibility to stay up to 360 days without a visa makes starting easy. But what happens after that? Find out about the residence permits available and how to apply for them. GoMovin supports you every step of the way – from planning to execution. Learn more about our services on our contact page.
The topic short and concise
Dreaming of life in Georgia? The possibility to stay up to 360 days without a visa makes starting easy. But what happens after that? Find out about the residence permits available and how to apply for them. GoMovin supports you every step of the way – from planning to execution. Learn more about our services on our contact page.
Dreaming of life in Georgia? The possibility to stay up to 360 days without a visa makes starting easy. But what happens after that? Find out about the residence permits available and how to apply for them. GoMovin supports you every step of the way – from planning to execution. Learn more about our services on our contact page.
Dreaming of life in Georgia? The possibility to stay up to 360 days without a visa makes starting easy. But what happens after that? Find out about the residence permits available and how to apply for them. GoMovin supports you every step of the way – from planning to execution. Learn more about our services on our contact page.
Planning your move to Georgia? Find out everything about visas, residence permits, tax advantages, and how GoMovin can assist you in your new start. Get informed now!
Planning a move to Georgia? Then it's important to be aware of the visa regulations and residence permits. For German, Austrian, and Swiss citizens, entry into Georgia is initially uncomplicated: you can stay in the country for up to 360 days without a visa. This offers you plenty of time to look around locally and plan the initial steps for permanent residence. However, if you wish to live in Georgia for more than a year, you will need a residence permit, known as a "Residence Permit".
Overview of Visa Regulations and Residence Permits
Visa-Free Entry and Length of Stay
German, Austrian, and Swiss citizens can stay in Georgia for up to 360 days without a visa. This regulation significantly eases the first step towards emigration. You can calmly look for a suitable apartment, establish contacts, and get to know the cultural peculiarities of the country. However, be aware that this visa-free period is limited, and you need to arrange for a long-term solution in a timely manner if you wish to stay permanently in Georgia. For a longer stay, it is advisable to familiarize yourself with the various options for obtaining a residence permit early on.
Need for a Residence Permit
For stays over 360 days, a residence permit (Residence Permit) is required, which necessitates a category D visa. This visa is the basis for your long-term stay in Georgia. It allows you to legally reside in the country and engage in employment or run a business. Applying for a residence permit requires careful preparation and submission of the necessary documents. It is advisable to seek professional support to avoid mistakes and speed up the process.
Different Visa Categories (D1-D5)
Georgia offers different visa categories (D1-D5) that cover various purposes such as work, entrepreneurship, study, and real estate acquisition. The choice of the right category depends on your individual plans and goals. A category D1 visa, for instance, is intended for people who want to engage in employment in Georgia, while a category D5 visa is of interest to investors wishing to invest in real estate. It is important to carefully check the requirements for each category and provide the necessary proof. More information on the individual visa categories can be found on the page Visa Regulations for Georgia.
Acceptance of EU Driving Licence in Georgia
Validity of the EU Driving Licence
The EU driving licence is recognized in Georgia, which greatly facilitates mobility in the country. You do not need to convert your driving licence as long as it is valid. This is particularly advantageous for those who travel a lot for professional or personal reasons. However, note that for longer stays or permanent residence, other regulations may apply. It is advisable to check with the relevant authorities in this regard. Information on the validity of your driving licence can also be found on auswandern-info.com.
Residence Permit: Achieving Permanent Residency Through Employment or Investment
There are various ways to obtain a residence permit in Georgia. Two common options are employment and investment. Both paths offer you the opportunity to live in Georgia long-term and benefit from the country's advantages. The choice of the right path depends on your personal circumstances and goals. We at GoMovin are happy to advise you on which option is best suited for you and assist you in applying for a residence permit.
Residence Permit through Employment
Requirements for a Work Permit
To obtain a residence permit through employment, a Georgian company must generate a minimum turnover of 50,000 GEL per foreign employee. This is to ensure that foreign workers make a positive contribution to the Georgian economy. It is important that you have a valid employment contract with a Georgian company and can demonstrate the required qualifications. The company must also be willing to support you in applying for the work permit. More information on the requirements for a work permit can be found on the National Agency for Public Service Development website.
Residence Permit through Investment
Another way to obtain a residence permit is by investing in Georgian real estate. Georgia differentiates between short-term and long-term investments, each with different requirements. This option is particularly interesting for those who have the necessary capital and wish to invest in the Georgian real estate market. GoMovin supports you in finding suitable investment properties and advises you on the legal framework.
Short-Term Investment
For a short-term investment, you must purchase real estate worth at least 100,000 USD. This allows you to obtain a temporary residence permit, which is generally valid for one year and can be extended. This option is ideal for individuals who want to test the local conditions first and are not yet ready to make a long-term commitment. It is important that you can prove the purchase of the property and have sufficient financial means to support your living expenses in Georgia.
Long-Term Investment
A long-term investment requires the acquisition of real estate worth at least 300,000 USD. This offers you the possibility to obtain a long-term residence permit, which is generally valid for several years and paves the way for permanent residence in Georgia. This option is particularly interesting for those who wish to live and work in Georgia long-term and are willing to invest a larger amount in the Georgian real estate market. More information on investment opportunities in Georgia can be found at Euro Georgia Business and Residential Law.
Permanent Residence
Possibility after 5 Years
After five years, you can apply for permanent residence in Georgia. This requires that you have lived in Georgia continuously for the past five years and have fulfilled the requirements for a residence permit. Permanent residence offers numerous advantages, such as access to the Georgian labour market and social system. It is advisable to inform yourself early about the requirements for permanent residence and to take the necessary steps. GoMovin supports you in preparing and submitting the application.
Tax advantages: HNWI status and favourable conditions for IT companies
Georgia offers attractive tax advantages that make the country appealing to entrepreneurs and investors. Particularly noteworthy are the HNWI status (High Net Worth Individual) and the favourable conditions for IT companies. These benefits can help you reduce your tax burden and improve your financial situation. At GoMovin, we are happy to advise you on how to make the most of these benefits.
Tax residency without physical presence
HNWI status (High Net Worth Individual)
The HNWI status allows you to have tax residency in Georgia without being physically present in the country. To obtain this status, you must either demonstrate an annual worldwide income of at least 200,000 GEL over the past three years or own assets worth at least 3,000,000 GEL in Georgia. Additionally, you must hold at least 500,000 USD with a Georgian financial institution. This status is particularly appealing to wealthy individuals who want to optimise their tax burden. For more information on the HNWI status, visit Goodbye Matrix.
Tax benefits for IT companies
0% corporate tax and VAT
IT LLCs in Georgia can benefit from a complete tax exemption on foreign IT revenues. This means you do not have to pay corporate tax or VAT on your IT income. There is only a 5% withholding tax on dividend distributions. This regulation makes Georgia an attractive location for IT companies looking to minimise their tax burden. GoMovin supports you in setting up your IT business in Georgia and advises you on the tax framework.
Tax benefits for small businesses
1% income tax
Small businesses benefit from a 1% income tax on annual turnover of up to 500,000 GEL. This is an extremely favourable arrangement that allows you to retain a significant portion of your income. This option is particularly appealing to freelancers and self-employed individuals looking to start a small business in Georgia. It is important that you meet the requirements for this regulation and correctly declare your income. For more information on tax benefits for small businesses, visit Staatenlos.
Company Formation: Key to Residence Permit and SEPA Advantages
Establishing a company in Georgia can be an important step in obtaining a residence permit and benefiting from the country's economic advantages. Georgia offers particularly attractive opportunities for self-employed individuals and entrepreneurs. At GoMovin, we support you with company formation and help you undertake the necessary steps.
Company formation as a prerequisite for residence
Minimum turnover for self-sponsorship
To self-sponsor a residence permit, establishing a company (typically a sole proprietorship) with a minimum annual turnover of 50,000 GEL is required. This demonstrates that you are able to support yourself in Georgia and contribute to the Georgian economy. It is important to create a business plan and prove that your business can achieve this turnover. GoMovin will support you in creating the business plan and advising you on the legal framework.
Bank account in Georgia
Necessity of a Georgian bank account
A Georgian bank account is mandatory to conduct business in Georgia and obtain a residence permit. The bank account is used to manage your income and expenses and to demonstrate your financial situation. It is advisable to arrange the opening of a bank account early and prepare the necessary documents. GoMovin supports you in opening a bank account and advises you on the various banks and account models.
SEPA functionality
Georgian companies can open SEPA bank accounts for efficient international transfers, though local Georgian IBAN accounts do not have this feature. This is a significant advantage for businesses operating internationally and making regular transfers abroad. With a SEPA bank account, you can transfer and receive money quickly and cost-effectively. GoMovin assists you in choosing the right bank account and advises you on the pros and cons of the various options. For more information on company formation in Georgia, visit Goodbye Matrix.
Residence permit: Personal presence and bank balance required
The process of applying for a residence permit in Georgia requires your personal presence and proof of sufficient financial means. It is important to familiarize yourself with the necessary steps early on and prepare the required documents. We at GoMovin support you in applying for the residence permit and guide you through the entire process.
Personal presence required
Application requires personal presence
Personal presence is required to apply for the residence permit. You must appear personally at the relevant authority and submit your application. This is to verify your identity and ensure that you meet the requirements for a residence permit. It is advisable to schedule an appointment to avoid waiting times. GoMovin assists you in scheduling and accompanies you to the authority.
Required documents and proof
Bank balance
A bank balance of €6,000-6,500 is required to demonstrate that you can support yourself in Georgia. The bank balance must be held in a Georgian bank account. It is important to present a bank statement verifying the balance. GoMovin assists you in opening a bank account and advises you on the different banks and account models. Further information on the required documents can be found at Staatenlos.
Validity and extension of the residence permit
Initial permit
The initial permit is valid for one year and can be extended for up to 11 years. The extension requires that you continue to meet the requirements for a residence permit. It is important to address the extension in a timely manner and submit the required documents. GoMovin supports you in extending the residence permit and advises you on the legal framework.
Permanent residence
Permanent residence is possible after 10 years. This requires that you have lived continuously in Georgia over the past 10 years and have met the requirements for a residence permit. Permanent residence offers numerous advantages, such as access to the Georgian labor market and social system. It is advisable to familiarize yourself with the requirements for permanent residence early and to initiate the necessary steps. GoMovin supports you in preparing and submitting the application.
Moving to Georgia: Keep an eye on the proforma address and costs
When relocating to Georgia, there are several practical aspects to consider, such as the significance of a proforma address and the costs of the residence permit. It is important to acquaint yourself with these aspects in advance and take the necessary steps. At GoMovin, we support you with the planning and execution of your move, helping you complete all necessary formalities.
Proforma Address
Importance of a Proforma Address
A proforma address is required for company formation and identity card application. This is a provisional address that you can provide if you do not yet have a permanent residence in Georgia. It is crucial to provide a reliable proforma address as it is used for the delivery of important documents. GoMovin assists you in finding a suitable proforma address and advises you on the legal framework.
Costs for the Residence Permit
Total Government Fees
The total government fees for applying for the residence permit are approximately 815 GEL. You must pay these fees when submitting your application. It is essential to pay the fees in a timely manner to avoid delays. GoMovin keeps you informed about the current fees and supports you in the payment process.
Costs for the Extension
The costs for extending the residence permit amount to 1,000 €. These fees must also be paid upon renewal. It is important to handle the renewal and payment on time to avoid jeopardising your residency status. GoMovin assists you with the extension of the residence permit and advises you on the legal framework.
Support with Tax Declarations
Service for Monthly Tax Declarations
A service for monthly tax declarations is offered at 480 €/year. This can help you meet your tax obligations in Georgia and avoid errors. It is advisable to make use of this service if you are not familiar with Georgian tax laws. GoMovin is happy to connect you with a reliable tax consultant to support you with your tax declarations. Further information on costs and fees can be found at Staatenlos.
Tax pitfalls: Consider management location and withholding tax
While the Georgian tax system offers many advantages, it also has certain pitfalls that you should be aware of. In particular, the management location and withholding tax on services from abroad can lead to unexpected tax burdens. It is important to familiarise yourself with these pitfalls early on and take the necessary measures. At GoMovin, we are happy to advise you on the tax aspects of your relocation and help you avoid mistakes.
Significance of the Management Location
Articles 28 and 29 of the Tax Code
The management location and the place of value creation are crucial for tax liability. According to Articles 28 and 29 of the Georgian Tax Code, relocating the management location of a company to Georgia can have tax implications. It is important that you understand the effects of these provisions and adjust your company structure accordingly. GoMovin supports you in analysing your company structure and advises you on the tax implications.
Withholding Tax on Services from Abroad
10% or 15% Withholding Tax
A significant pitfall is the 10% or 15% withholding tax on payments for services from abroad. This tax is levied on payments to foreign companies providing services in Georgia. It is important to consider this tax when planning your business activities and seek alternative solutions if necessary. GoMovin assists you in optimising your tax burden and advises you on the various options. Further information on tax pitfalls can be found on Goodbye Matrix.
Double Taxation Agreement USA-Georgia
Particularities of the DTA
The DTA between the USA and Georgia is unique; the USA still regards the old DTA USA-USSR as valid, which exempts royalties and interests but taxes dividends at 30%. This can lead to a higher tax burden for US companies operating in Georgia. It is important that you understand the particularities of this DTA and adjust your tax strategy accordingly. GoMovin supports you in analysing your tax burden and advises you on the various options. Information on the Double Taxation Agreement can also be found on Goodbye Matrix.
Health Insurance and Naturalization: Long-term Planning in Georgia
If you are planning long-term in Georgia, you should also consider health insurance and naturalisation. Comprehensive health insurance is essential to be protected in case of illness. And the naturalisation process offers you the opportunity to become a Georgian citizen and benefit from the same rights and obligations as Georgian citizens. We at GoMovin support you in planning your long-term future in Georgia and help you take the necessary steps.
International Health Insurance
Necessity of Comprehensive Insurance
A comprehensive international health insurance is essential, covering worldwide coverage, repatriation, pre-existing conditions as well as inpatient and outpatient treatments. Georgian health insurance generally only covers medical services within Georgia. It is important that you choose health insurance that meets your individual needs and provides you with comprehensive protection in the event of illness. GoMovin supports you in selecting the right health insurance and advises you on the various providers and tariffs. Information on health insurance can also be found at Perspektive Ausland.
Naturalisation Requirements
General Requirements
Naturalisation usually requires five years of continuous residence, knowledge of the Georgian language, knowledge of Georgian history and culture, financial independence, a clean criminal record, and the willingness to take the Georgian oath. It is important that you inform yourself early about the requirements for naturalisation and take the necessary steps to meet them. GoMovin assists you in preparing for naturalisation and advises you on the legal framework.
Here are some of the key requirements for naturalisation in Georgia:
Continuous Residence: You must have lived in Georgia for five consecutive years.
Language Skills: You must be proficient in the Georgian language.
Knowledge of History and Culture: You must demonstrate knowledge of Georgian history and culture.
Financial Independence: You must be financially independent and able to support yourself.
Clean Criminal Record: You must not have a criminal record.
Willingness to Take the Oath: You must be willing to take the Georgian oath.
Naturalisation is a complex process that requires careful preparation. GoMovin supports you every step of the way and helps you realise your dream of Georgian citizenship.
Moving to Georgia: Pay attention to planning and legal framework conditions
Relocating to Georgia offers diverse opportunities but requires careful planning and attention to legal and tax frameworks. It is essential to inform yourself about all aspects early on and take the necessary steps. At GoMovin, we support you in planning and executing your move, helping you to overcome all challenges.
Summary of Key Points
Visa requirements, residence permits, tax advantages, and practical aspects
Relocating to Georgia offers diverse opportunities but requires careful planning and attention to legal and tax frameworks. It is essential to inform yourself about all aspects early and take the necessary steps. GoMovin supports you in planning and executing your move, helping you to overcome all challenges. We offer comprehensive advice and support with all questions regarding your move to Georgia.
Outlook on Future Developments
Trends and Perspectives
Georgia is constantly evolving and offers attractive prospects for both entrepreneurs and private individuals. The country invests in its infrastructure and economy, thus creating an attractive environment for investments and business start-ups. It is expected that Georgia will continue to grow in significance in the coming years and become an important economic hub in the region. GoMovin closely monitors developments in Georgia and informs you about the latest trends and perspectives.
Planning your move to Georgia? GoMovin is here to support you with advice and assistance. We simplify the moving process and make international relocation stress-free, efficient, and personalized. Our all-in-one solution for international relocations includes personal consultation, legal assistance, property services, and culture integration. Contact us today to learn more about our services and to plan your move to Georgia. Get in touch now!
Further useful links
The Landesagentur für Entwicklung der öffentlichen Dienstleistungen provides information on licenses and permits in Georgia, including the requirements for a work permit.
FAQ
What visa options are available for moving to Georgia?
German, Austrian, and Swiss citizens can stay for up to 360 days without a visa. For longer stays, you will need a Residence Permit which requires a category D visa. There are various visa categories (D1-D5) for work, entrepreneurship, study, and property acquisition.
How can I obtain a residence permit through investment?
You can obtain a residence permit by investing in Georgian real estate. A short-term investment requires at least 100,000 USD, while a long-term investment requires at least 300,000 USD.
What tax benefits does Georgia offer for IT companies?
IT LLCs in Georgia can benefit from a full tax exemption on foreign IT income, with no corporate tax and no VAT, only a 5% withholding tax on dividend distributions.
How does company formation in Georgia relate to obtaining a residence permit?
To sponsor your own residence permit, a business registration (typically a sole proprietorship) with a minimum annual turnover of 50,000 GEL is required.
What role does a Georgian bank account play in obtaining a residence permit?
A Georgian bank account is mandatory for doing business and obtaining a residence permit in Georgia. You need a bank balance of 6,000-6,500 € to prove your financial means.
How long is the first residence permit valid and how can it be extended?
The first permit is valid for one year and can be extended for up to 11 years, provided you continue to meet the requirements. After 10 years, permanent residency is possible.
What is a proforma address and what is it used for?
A proforma address is a provisional address needed for company registration and applying for an ID card. It serves as a delivery address for important documents.
What tax pitfalls should I be aware of in Georgia?
Be aware of the place of management and the withholding tax on services from abroad (10% or 15%). The DTA between the USA and Georgia has specificities that can lead to higher tax burdens for US companies.
