Georgia
Highest gross yields in CASABROVA at 8–14%; no transfer tax — only a small one-off registration fee (≈GEL 50–200); residence permit from USD 150K real estate (threshold raised 1 Mar 2026)
Currency Risk
GEL
Investor financing is not available. The mortgages published by Georgian banks are aimed at emigrants - Georgian citizens living or earning abroad. Terabank also admits foreign citizens, provided income is received outside Georgia and for a term of up to 72 months. Most foreign buyers purchase in cash.
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
✅ Strengths
- ▸Simplest acquisition (2-day registration); lowest transaction costs
- ▸No rental restrictions; full STR freedom
- ▸Highest gross yields in the CASABROVA cohort: 8–14%
⚠ Risks
- ▸Political instability (WB −0.61); 2024 election disputes unresolved
- ▸GEL currency risk; not EU — no EPBD, no STR regulation, no investor protections
CASABROVA Verdict
Strategy: buy-fix-sell within 3–5 years.
French: Profile adjusted score 61.6 (rank #22).
Recommended Strategy
Short hold (3–5 yr). Local management essential. Hedge GEL exposure.
Based on CASABROVA Waves 1–8, current to July 1, 2026. Not financial or legal advice.