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Can Foreigners Buy Property in Georgia?

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The short answer is – YES!  Foreigners can buy property in Georgia. Foreigners have exactly the same rights when it comes to buying residential real estate as Georgian citizens have.  There are no extra requirements for foreigners and there are no extra taxes either.  The only documents that are required for purchasing property is a […]

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New Metro Station Opened in Saburtalo

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After a delay of some 21 years, Tbilisi finally received a brand new metro station last week.  Located in the popular and upmarket Saburtalo district of the city, the metro is an extension to the city’s green line, linking to Vazha-Pshavela station.  Called ‘University’, the station is located close to Tbilisi State University’s Maglivi X building […]

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Georgia’s GDP Growth Exceeds Forecasts

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Georgia’s economy continues to go from strength-to-strength, expanding by 4.7% year-on-year during the first eight months of 2017, official data shows.  This is a large increase on the figures from the same period in 2016, which showed growth of only 2.7%. Reasons given for the large increase include higher exports, remittances from abroad, plus tremendous […]

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$150 Million Trading Centre Opens in Tbilisi

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Saturday 30 September saw the unveiling of what is believed to be the largest trading centres in the South Caucasus, in the form of Tbilisi Sea Plaza.  The project was officially opened by Georgian Prime Minister, Giorgi Kvirikashvili. Developed by the Chinese developer, Hualing, at a cost of around $150 million, Tbilisi Sea Plaza contains up […]

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