New Developments in Georgia

It can be, and the difference is entirely in the checks. Verify that the developer owns the land, that the land is not mortgaged, and that a building permit exists for the project as advertised. An established developer with delivered projects is a different risk class from a first-time builder. All three checks can be run against the public registry before you pay anything.

Yes, with full ownership rights, in your own name, and with no residency requirement. Foreign citizens buy apartments in Georgian developments on the same terms as locals. The only constitutional restriction is on agricultural land, which does not apply to apartments.

The discount depends on how early in the build cycle you buy and on the developer's own financing needs, but buying before completion is normally the cheaper route and often comes with an interest-free installment plan running to handover. The trade-off is that you are carrying construction and delivery risk in exchange for that discount.

This is the risk you are being paid to take, and it is why the pre-purchase checks matter more here than anywhere else in Georgian property. Your protection comes from the contract terms, the payment schedule, and the developer's track record and legal position, not from a state guarantee scheme. Structure payments against construction milestones wherever the developer will agree to it.

Owning residential property with an appraised market value of at least 150,000 USD makes you eligible to apply for a renewable short-term residence permit. The threshold rose from 100,000 to 150,000 USD on 1 March 2026. What counts is the appraised value at the time of application, so an off-plan unit generally needs to be completed and registered in your name first.