01
Transferring funds to Georgia
SWIFT wires via Millennium BCP, Caixa Geral, Novo Banco (€20-40) or Wise. Modelo 38 declaration for non-EU transfers above €12,500.
🇵🇹 Invest in Georgia from Portugal
Invest in Georgian real estate from Portugal
This guide is aimed at Portuguese nationals. It covers fund transfers, local and Georgian taxation, treaties, contract language, mortgage financing, permanent residency and crypto payment.
Active bilateral tax treatyVisa-free stay up to 1 year in GeorgiaEUR
02
Paying in cryptocurrency
Crypto payments (USDT, USDC, BTC, ETH) are accepted by most of our partner developers. Conversion to GEL or USD is processed by a regulated Georgian on-ramp provider, with a legally compliant invoice. This avoids SWIFT fees and international wire delays.
03
Georgian taxation for non-residents
In Georgia, non-resident rental income is taxed at a 5% flat withholding rate. No wealth tax, no inheritance tax on Georgian assets. Capital gains on real estate are fully exempt after 2 years of holding. The 18% VAT is already included in developer prices.
04
Home taxation from Portugal on the Georgian property
The Portugal-Georgia treaty of 12 December 2015 applies. Rents are taxed in Georgia and declared in Portugal with a tax credit. The NHR regime still applies to new residents (partial exemption on foreign income).
05
Contract language and signing
Purchase contracts are drafted in Georgian (official cadastre language) with a certified English translation systematically provided. On request, a French, Russian or Arabic version can be annexed. All signatures happen before a Georgian notary, in person or via a power of attorney legalised in your home country.
06
Mortgage financing in Georgia
Georgian banks (TBC Bank, Bank of Georgia, Credo Bank) grant mortgages to foreigners with a 30-40% minimum down payment, over 10 to 15 years, at rates of 11-14% in GEL or 8-10% in USD. A local bank account and 3 months of proof of income are required.
07
Georgian permanent residency
Any real estate investment of $150,000 or more entitles the investor, their spouse and minor children to Georgian permanent residency. Applications are processed in 30-45 days, with no effective residency requirement. After 6 years, naturalisation becomes possible.