Adjara – your attractive environment for future investment
Batumi is considered a more attractive place for investors day by day, the interest of both domestic and foreign investors is increasing. It is worth noting that the country itself is located on the famous historical Silk Road, which is literally like a bridge connecting Western Asia and Eastern Europe. The location is what makes the country a crossroads between two continents, creating invaluable opportunities for import and export, international business, foreign business investment. The World Bank Group annually publishes a report on the ease of doing business in many countries around the world, and Georgia is in the leading positions. Today, the regulatory environment promotes starting and operating local businesses. Tourism is one of the main investment areas in Adjara, real estate, hospitality, manufacturing, agriculture and tourism are the areas in which you can invest money.
Why is Adjara an attractive place for investment:
Stable and developing environment
Georgian legislation protects the investments made and used in the territory of Georgia. The city is developing at a fast pace. The government has published a legal framework to achieve financial stability in the country.
Low prices
The lowest price compared to most European countries. If you are not going to live in Batumi, or you want to have a place where you can relax and unwind, it is better to invest while having a stable income.
Flexible property tax law
0% property tax. If you sell the property within the first 2 years of ownership – you must pay 20% to the government. In addition, you can register your property in a few minutes.
Road to Residence Permit
Owning property in Georgia allows you to obtain residency and legally manage property.