In Georgia, purchasing real estate with crypto is becoming more feasible, providing a modern solution for crypto enthusiasts looking to invest in tangible assets. Unlike traditional processes that require the buyer to first convert their crypto to fiat currency, we have streamlined a service that benefits both buyers and sellers, ensuring smooth transactions while keeping legal and regulatory compliance top-of-mind.
Here’s what you need to know about buying real estate with crypto in Georgia:
Why Georgia is Crypto-Friendly
Georgia is fast becoming a hub for cryptocurrency investors. With 0% capital gains tax on crypto transactions and a growing crypto-savvy community, the country is highly attractive for those seeking to leverage digital assets. Georgian legislation currently views crypto payments as legal barter, meaning transactions are tax-free for property purchases.
Additionally, if you stay in Georgia for 183 days in a 12-month period and gain tax residency, your crypto earnings may also be free of international tax obligations, depending on your country of origin’s tax treaties. To Learn More about this process see our page on Residency.
The Current Landscape of Crypto Real Estate Transactions
While not all developers and private sellers accept cryptocurrency, solutions now exist that allow crypto payments to flow seamlessly into the Georgian real estate market. The challenge lies in ensuring that sellers, who prefer fiat payments, and buyers, who want to use cryptocurrency, find a common ground.
Rather than restricting your search to the few sellers who directly accept crypto, our services allow you to expand your options by facilitating a legal and efficient crypto-to-fiat process.
How the Process Works
Purchasing property with cryptocurrency involves a few additional steps compared to a fiat transaction. Here’s a streamlined overview:
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Crypto Conversion
- Your cryptocurrency is exchanged into fiat currency through a trusted brokerage service.
- The funds are transferred directly to the seller or developer’s account, avoiding the need for the fiat to touch your bank account.
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Property Search and Negotiation
- We work with trusted developers and private sellers to find properties that meet your needs.
- Our team negotiates the transaction terms and assures sellers of the process’s legality.
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Legal and Administrative Support
- Our legal experts ensure compliance with Georgian property laws and complete due diligence on the property.
- The property title transfer is managed smoothly and securely.
Why Choose Us?
We simplify the complexity of crypto real estate transactions by:
- Building partnerships with reputable brokers who specialize in crypto-to-fiat exchanges.
- Offering connections to developers and sellers who trust the process.
- Providing end-to-end legal support to ensure the sale is legitimate, timely, and stress-free.
Our service eliminates unnecessary fees, minimizes delays, and ensures privacy while maintaining full compliance with banking and legal regulations.
Key Benefits of Investing in Georgian Real Estate with Crypto
- Diverse Property Options: Residential and commercial properties, including investment opportunities, are accessible.
- Tax Advantages: Property held for over two years is exempt from capital gains tax when sold.
- Remote Purchasing Options: Complete the transaction through Power of Attorney while we handle the details.
- Low Conversion Fees: Competitive brokerage fees of 1-4%, often lower than traditional exchanges.
Things to Keep in Mind
- Agricultural Land Restrictions: Non-Georgian citizens cannot purchase agricultural land, though alternative investment structures may be possible.
- Brokerage and Legal Fees: Transaction fees for crypto exchanges and legal services will apply.
- Regulatory Environment: Crypto regulations in Georgia are evolving, so partnering with experienced professionals is essential.
Get Started Today
Transform your cryptocurrency into a stable real estate investment in Georgia with confidence. Whether you’re looking to purchase a private residence, investment property, or commercial space, our team has the expertise and relationships to make it happen.
Contact us today to start your journey into Georgia’s booming crypto-friendly real estate market. Reach Out to Us on WhatsApp: +995 555 789 306
