Competition from investors from the United Arab Emirates

October 8 2021

Promising areas of investment, including in real estate in Georgia, were considered at the meeting of the Georgian delegation with large investment corporations of the UAE.

A more detailed plan of action is likely to be drawn up after an in-person visit to the sunny country of the respective delegations and consultants. It is possible that this could lead to price changes in the real estate market, which is not always good for the average buyer. Therefore, now it is worth thinking about and fulfilling your desire to purchase housing in Georgia, while the price policy has not undergone significant changes.

The geographical position, favorable mild climate, rich history, hospitable and benevolent indigenous population make Georgia attractive to an increasing number of people who want to buy a house or apartment by the sea for seasonal living, rent or change their place of residence for a more comfortable one. An attractive taxation system and government support for business make the country increasingly attractive and convenient for ordinary people.