Can foreigners buy apartments in Georgia?

1. Yes, freely, on the same terms as Georgian citizens
2. No, only through a Georgian company
3. Only in Batumi
4. Only with a 99-year lease

What is the rule on agricultural land for foreigners?

1. It is open to everyone
2. Foreigners can buy up to 10 hectares
3. It is restricted to Georgian citizens and entities, with exceptions such as inheritance and approved investment plans
4. Only Batumi farmland is restricted

What property value is needed for a property-based temporary residence permit since 1 March 2026?

1. 100,000 USD
2. 35,000 USD
3. 150,000 USD market value
4. 1,000,000 USD

How is the value for the property-based residence permit assessed?

1. By certified appraisal, and several properties can be combined
2. By the purchase price only, one property only
3. By the agent's estimate
4. By the developer's brochure

A client got residence under the old 100,000 USD rule and still owns the flat. Can he renew after March 2026?

1. No, he must buy more property at once
2. No, the permit is cancelled
3. Only if he sells and rebuys
4. Yes: existing holders can keep renewing under the old rules while they keep the property

What does the investment residence permit require?

1. 100,000 USD for 1 year
2. An investment from 300,000 USD, which can include real estate valued by an auditor; it lasts 5 years and can lead to permanent residence
3. Any purchase, for life
4. A GNARE certificate

A client owns two flats appraised at 70,000 USD and 85,000 USD. By how much, in USD, does the combined value exceed the 150,000 USD residence threshold?

What was the average rental yield in Tbilisi in December 2025, according to Galt & Taggart?

1. About 2%
2. About 15%
3. About 0.5%
4. About 8.6%

How did Batumi's gross rental yield change in 2025?

1. It fell from 8.8% to 7.4%
2. It rose from 4% to 12%
3. It stayed at 10%
4. It dropped to 1%

Average rent in Tbilisi was $9.8/m² per month in December 2025. What is the yearly gross rent for a 60 m² flat, in USD?

How many apartments were sold in Tbilisi in 2025?

1. 4,238, down 40%
2. 142,388
3. 42,388, up 4.3%
4. 17,478

How many apartments were sold in Batumi in 2025?

1. 17,478, up 15%, for a market of about $1.3bn
2. 42,388
3. 1,748
4. 170,000

What share of Batumi apartment sales went to foreigners in 2025?

1. 5%
2. 90%
3. None, foreigners cannot buy
4. 52%, with Israelis at 13% of all sales

Who buys in Tbilisi, according to Colliers?

1. Mostly Russians
2. About 90% Georgians, 4% Israelis and 2% Russians
3. About 52% foreigners
4. Mostly Gulf investors

According to Colliers in December 2025, what was the mix of buyers in Batumi?

1. About 90% Georgian
2. About 50% Georgian, 16% Russian and 9% Ukrainian
3. About 50% Gulf buyers
4. About 80% Israeli

What is the 2026 outlook for Tbilisi from Galt & Taggart?

1. A 30% price crash
2. Prices doubling
3. A ban on new projects
4. Flat demand and single-digit price growth

What is the 2026 outlook for Batumi?

1. Primary sales flat, prices up 4% to 6%
2. Prices down 30%
3. Sales doubling
4. No new projects

What happened to Tbilisi apartment sales in July 2026?

1. Sales stopped
2. Sales fell 50%
3. 4,409 apartments were sold, up 22% year on year, worth $395m
4. Only 400 apartments were sold

How did Batumi perform in the first half of 2026?

1. Sales fell by half
2. Only Georgians bought
3. 7,838 apartments sold, up 11.4%, worth $507m
4. No sales were recorded

In August 2026, 1,235 apartments were sold in Batumi, and foreign buyers made up 52%. About how many apartments did foreigners buy?