Georgian citizenship by investment

The Republic of Georgia does not offer a formal citizenship-by-investment program. However, they had a residency-by-investment program called the “Georgia Immigrant Investor Program” (GIIP).

“Georgia Immigrant Investor Program” (GIIP)

The GIIP allowed foreign individuals to obtain Georgian residency by making a significant investment in the country’s economy. The program had specific investment options, such as purchasing real estate or investing in business projects, and the minimum investment thresholds varied depending on the region.

While the GIIP provided residency rights, it did not grant full Georgian citizenship. However, after holding residency for a certain period, individuals could become eligible to apply for citizenship through naturalization by meeting specific requirements, including knowledge of the Georgian language.

How to get citizenship by investment in Georgia

Georgia does not have a formal citizenship-by-investment program. However, it is possible to obtain Georgian citizenship through naturalization by meeting certain requirements. Here is a general overview of the naturalization process for investors in Georgia:

1. Residency Requirement. You would need to establish legal residency in Georgia by obtaining a residence permit. This can be achieved through various means, such as starting a business, investing in real estate, or being employed in the country.
2. Time Requirement. You must have held a legal residency status in Georgia for a specific period of time. The exact duration may vary, but typically it is at least five years.
3. Language and Cultural Knowledge. You would need to demonstrate knowledge of the Georgian language, as well as a basic understanding of Georgian history, culture, and laws. This requirement can be fulfilled through language exams and interviews.
4. Good Character and Conduct. Applicants for Georgian citizenship must provide evidence of good character and conduct. This may involve obtaining police clearance certificates or providing references from reputable individuals.
5. Renunciation of Previous Citizenship. Georgia generally requires individuals to renounce their previous citizenship(s) as part of the naturalization process. However, there are exceptions for citizens of certain countries where dual citizenship is allowed.

Documentation and Application

1. Residence Permit. Obtain a residence permit in Georgia through an appropriate investment or business activity. It commonly includes:
   • Application form for the residence permit
   • Passport and copies of all pages
   • Proof of financial resourcesI
   • Health insurance coverage
   • Documentation related to the investment or business activity, such as property purchase agreements, business registration certificates, or employment contracts
2. Residence Period. Fulfill the required period of legal residency in Georgia, typically at least five years.
3. Language and Cultural Knowledge. This may involve taking language exams and attending interviews.
4. Good Character and Conduct. This may include police clearance certificates or reference letters from reputable individuals who can vouch for your integrity.
5. Renunciation of Previous Citizenship. If required, provide proof of the renunciation of your previous citizenship(s) according to the laws of your home country.
6. Application Submission. Prepare and submit your application for Georgian citizenship to the relevant government authorities.
7. Application Processing. Your application will be reviewed and processed by the relevant authorities. They will assess your eligibility based on the provided documentation, residency period, language proficiency, and overall compliance with the citizenship requirements.

Dual Citizenship

Georgia generally requires individuals to renounce their previous citizenship(s) as part of the naturalization process. This means that if you were to become a Georgian citizen, you would typically be expected to give up your current citizenship.