We answer your questions

Any non-resident needs only a Passport! If we are talking about a remote transaction, then the Non-resident Investor sends us a copy of the passport and the Notary Power of Attorney as his legal representative. There are no any difficulties, we have experience in conducting such transactions.

In Georgia, there is a single register to which qualified lawyers have access. It contains all the detailed information about land plots and any other objects (apartments, houses, commercial real estate, and so on). In order to check the purity of the transaction, I just need to enter the cadastral code in the Register. Therefore, it is always necessary to contact a specialist. This verification procedure takes a few minutes. As for the cost of the service, it is free for our Investors!

There are zones in Georgia where companies are exempted from paying income tax until 2026 when doing business. Such zones are Kobuleti in Adjara, Ganmukhuri and Anaklia.

Property related to hotel services is also exempt from property tax. Additionally, the investor is exempted from the obligation to pay the building permit fee. In order to receive these benefits, it is necessary to invest at least one million GEL in the construction of a hotel.

The investor must build a mid-range or high-class hotel and ensure its operation. The goverment, at its own expense, will provide the supply of the appropriate infrastructure and communications to the hotel building, as well as landscaping of the territory within reasonable limits.

When deciding to invest in another country, it is imperative to take into account the peculiarities of local legislation. We have thoroughly studied all the legal nuances that may arise when buying real estate, when renting, during construction, as well as the specifics of working with local contractors. Also, our team has its own lawyer who has extensive work in Georgia.

Georgia is in the TOP 5 countries for ease of doing business. Georgian jurisdiction is becoming more and more interesting for foreign investors. The taxation system is very loyal. There are tax-free territories. It is very easy to register a company It takes no more than two hours. High level of confidentiality of financial information.

«Who should you turn to for cover if outlaw people pay attention to your business?» this question often worries investors from Russia, Ukraine, Kazakhstan. We try to answer with the simplest words - there is no corruption in Georgia!

Since 1996, the country has a law on «Promotion and Guarantee of Investment Activity». Also, over the past 10 years, the reforms carried out by the government of the country have brought Georgia to the list of countries with a high level of security, the country is safe and open both for tourists and businessmen from all over the world.

The police do not take bribes and work for the protection of law and order. Each employee has a high salary and state support. The police car fleet is completely renewed and equipped with the latest vehicles. The tax system is fully automated, everything is very transparent and simple for any Investor, the tax website is available in different languages. If you comply with the laws of Georgia, you will not have any problems and your business will never suffer!

Yes, Nadezhda, indeed, this is one of the main questions for an Investor! I will try to answer briefly, touching upon the main points. There is no property tax in Georgia, and there is no value added tax (after 2 years).

Every year, prices for land and real estate are growing in value, in some areas the increase was 30%! Also, Georgia has a visa-free regime with 94 countries, and for Russian citizens there is a 1-year restriction on stay, then you just need to cross the border.

In this country, there are no restrictions on the hiring of foreign citizens, it is very convenient for both business and personnel.

The presence of such companies on the local market indicates an excellent investment climate and simplicity of doing business, as well as the absence of corruption. Currently, there are 10 international hotel chains operating in Georgia, 52 hotels of various brands, of which 31 are operating and 22 are under construction.

Among them are brands such as: Ramada, Hilton, Radisson, Sheraton, Marriot, Crowne Plaza, Rooms Hotel and others.

Currently, work is underway to improve the infrastructure of not only individual cities, but also the whole country. There are already 3 international airports in Georgia. High-speed highways are being built between the largest cities. Thanks to the tax exemption for doing business in mountainous areas, these regions are actively developing. The demand for ski tourism is growing.

The Georgian government's policy to improve business administration made the country a leader. In 2018, Georgia ranked sixth out of 190 countries in the Doing Business rating. The country improved its position by three points over the year and strengthened its image of a country where it is easy to do business.

Previously, extensive reforms were carried out in the country, here are some of them:

• Police reform,
• Reform of medicine
• Reform of separatism
• Reform of tax and business administration
• Energy reform
• Pension reform
• Infostructural reforms and much more

The fight against corruption in Georgia, which has been going on for a long time, has achived significant results. According to the World Bank's Global Governance Indicators study, Georgia scored 77.4 out of 100 points in corruption management efficiency and reached its all-time high since 1996. Georgia entered the list of leading countries in the fight against corruption, ahead of many European states. Georgia ranks 44th in the corruption perception index, on a par with Latvia in 2019. This is one of the highest rates among the post-Soviet countries.