Georgia
View Georgia on Wikipedia
Capital: Tbilisi
Official Language: Tbilisi
National Intellectual Property Center (Sakpatenti)
Mr. Nikoloz Gogilidze
Chairman / President
Email: info@sakpatenti.org.ge
Telephone: (995) 32 225 25 33
Website: http://www.sakpatenti.gov.ge
Address: Antioch st. 5 3300 Mtskheta Georgia
Registration of the right to ownership produce in Public Service Hall (Ministry of Justice of Georgia). Entire registration procedure is open and transparent. More reliable warrantor is hard to find.
Foreign citizens are allowed to buy any real estate. You will need passport for registration of documents.
- The cost of registration depends on the time frame:
- 1 business day: $70.
- 4 business days: $25.
Conclusion of the real estate sale and purchase contract between Seller and Buyer. Contract formalization and registration can be done in Public Service Hall (Ministry of Justice of Georgia). Buyer makes payment to the Seller's bank account, according to the concluded contract. Payment is made in any convenient way (by cash or non-cash payment). Real estate object is registered on a Buyer in accordance with concluded contract and satisfied payment. The registration is formalized in Public Service Hall (Ministry of Justice of Georgia). When buying real estate in Georgia, particularly the need for cash is not. Payment shall be made by any convenient way (cash or non-cash payment). More common way is bank payment.
Foreign citizens have a possibility to open bank accounts in any Georgian bank without limitation; they only need passport and money. In some cases (in occasion of large sums) banks can request the income declaration.
Actual payment for real estate from the developers is performed by national currency (Georgian lari). The payment coming on the account of the construction company is converted on the exchange rate established by the National Bank of Georgia on the day of payment. On our web-site the prices are given in USD for added convenience.
The extract from the Registry of Rights on immovable property may review all interested persons and obtain information on-line on official website Georgian Public Registry (information about owner, arrests, alienations, encumbrances, mortgage, litigation and debt disputes etc.)
Sale-purchase agreement and Extract from Public Registry about the ownership of the object of the real estate shall be prepared in Georgian language. If necessary, on client’s request are also available:
Translation into the client's language (usually 3-6 pages) in the Translation Services. The cost is
source: https://www.travelsofabookpacker.com/blog/georgia-travel-itinerary-one-three-weeks-in-georgia