Georgia’s natural advantage as a gateway between Europe and Asia provides many benefits to investors in the
manufacturing sector. In particular, Georgia offers competitive labor and energy costs, low taxes, and a
corruption-free environment for serving the region, as well as numerous preferential/free trade agreements.
According to the article of Law on
Entrepreneurs “A legitimate and repeated
activity carried out independently and in
organized manned to gain profit” is an
entrepreneurial activity the registration of
which is a mandatory within the state boarders
of Georgia.
General conditions for issuing a residence
permit is stipulated under the Law of
Georgia “on the Legal Status of Aliens and
Stateless Persons”. According to the
foregoing law, residence permit represents
one of the grounds for a foreigner to enter
and legally stay in Georgia
Pursuant to effective Georgian
legislation, there are various grounds
for obtaining Georgian citizenship.
Thus, Georgian citizenship can be
acquired by naturalization. The
decision to grant Georgian citizenship
to an individual is taken by the
President of Georgia, however the
application has to be submitted before
the Public Service Development
Agency.
