WHY INVEST?
AN INVESTOR’S PARADISE
1. Georgia is one of the safest countries in Europe and 3rd safest country in the world according to the Number of 2016 study.
2. ”Doing Business Finance Corporation"‘s” study said Georgia was the8th easiest country in the world for doing businesses.
3. No corruption and electronic taxation.
4. The tax policy of Georgia is very attractive for investors from other countries. The tax laws of Georgia cannot be changed by the government of this country, to change the tax law, a popular referendum is needed. Which gives a great guarantee to investors.
Individual income is taxed at a fixed rate of 20%.
Income from renting a dwelling, a place for a person to live, is taxed at a rate of 5%.
Income from the sale of a car or residential premises, an apartment (house) with a plot of land, is taxed at 5%.
Of a person with an annual income of less than $ 10,000 is exempt from tax.
Property tax is not levied on citizens who are not residents of Georgia.
An individual is recognized as a tax resident of Georgia if it has actually been in Georgia for more than 183 days a year.
Georgia offers a visa-free regime for more than 100 countries.
5. Georgia has an ideal location. You can leave Georgia, fly away to any European country. to Turkey 15 minutes to Greece 1.5-2 hours to Italy 1.5-2 hours to Austria 3 hours to France 7 hours.
6. Georgia is one of the most environmentally friendly places on the planet, an exceptional culture, hospitable people, a country with ancient traditions of winemaking and excellent cuisine.
7. The country is unusually beautiful for every season. Great climate: the average temperature in Batumi in summer is from + 24 degrees Celsius to + 28 degrees Celsius, in winter from + 5 degrees Celsius to + 15 degrees Celsius.
8. Georgia has seen a steady increase in tourist flow up to 20% a year. In 2018, more than 8 million tourists visited the country.
9. Batumi is the center of gambling in the country. Already there are more than 10 working casinos. Batumi is expected to become the third largest gambling center in the world. Batumi hosts many concerts and festivals, business events. Batumi has an international seaport and an international airport. All this helps to attract more and more interest from business people and tourists from all countries.
10. Batumi is a city located in the lagoon between the sea and mountains. Batumi is an unusual city combining ancient architecture as well as the latest 21st century style architecture.Its territory is limited. Today, almost all the coastal lands are bought up by companies that invest their money in the tourism business.This is the only city with a population of less than 200,000 people in which all the famous hotel brands are represented such as Hilton, Marriott, Sheraton, Radisson and others.Some of these hotels have been hosting city guests for more than 6 years.
11. Georgia is a country that is developing very rapidly, the Georgian government has chosen the right political and economic course. A lot of investors and just business people are trying to profitably invest their savings in various projects of Georgia.
Forbes included Batumi in the list of the best European cities for investment in 2020.