Why investing in Real Estate in Georgia? Buying property in - TopicsExpress



          

Why investing in Real Estate in Georgia? Buying property in Georgia is absolute monarchy with an official documents from the Ministry of Justice Property in Georgia inherited to the first-degree relatives without any taxes Annual return on investment in the property exceeds 15% Grant the investor or the owner permanent residence in Georgia with the knowledge that the citizens of the GCC, Iraq, Lebanon are giving a residence automatically for a year since the date of last entry Imposition of tax in case of a sale in the period not exceed one year from the date of purchase of 20% of the profit to reduce price manipulation Price per square meter for commercial or residential in the center of the Georgian capital 150-1000 $, 10-30 $ around the capital and 8-15 outside the capital Price per square meter for Agricultural near the capital 3-7 $ and starts from 30 cents in remote areas outside the capital Proximity to the GCC countries, where the flight from Dubai to the Georgian capital Tbilisi of not more than three hours and Twenty minutes The high level of security, where the Government of Georgia stressed since its independence from the Soviet Union in 1991 on the fight against crime and corruption which made Georgia occupies a leading position in terms of security of the countries of Europe and the world recently, according to figures from international organizations Political stability and democracy in Georgia, with the knowledge that the Republic of Georgia is one of the countries of the European Council and seeks to join the European Union in the coming years Georgia is currently ranked first in the world for economic reform by the World Bank rating
Posted on: Sat, 03 Aug 2013 13:53:30 +0000

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