Land owners in Georgia change their status for sale to foreigners – Media

2023/08/66456-1692345556.jpg
Read: 708     14:00     18 Август 2023    

During the year, from March 2022 to April 2023, Russian citizens purchased 474,649 square meters of land in Georgia. About one and a half thousand citizens of Russia became owners of land plots, with and without buildings.

Batumelebi writes about this, noting that sellers and buyers use the opportunity in the legislation, which allows them to circumvent the ban on the sale of agricultural land to foreigners.

The owner of the land before the sale simply changes its purpose to a non-agricultural one by applying to the State Register with the appropriate application. This requires justification, but in a significant number of cases the issue is resolved positively.

For example, Batumelebi cites several stories in Adjara, with the names and surnames of sellers and buyers.

At the same time, it was found out that from February 2022 to July 2023, only in the Kobuleti and Khelvachauri zones, the status of land plots was changed to non-agricultural 289 times.

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Land owners in Georgia change their status for sale to foreigners – Media

2023/08/66456-1692345556.jpg
Read: 709     14:00     18 Август 2023    

During the year, from March 2022 to April 2023, Russian citizens purchased 474,649 square meters of land in Georgia. About one and a half thousand citizens of Russia became owners of land plots, with and without buildings.

Batumelebi writes about this, noting that sellers and buyers use the opportunity in the legislation, which allows them to circumvent the ban on the sale of agricultural land to foreigners.

The owner of the land before the sale simply changes its purpose to a non-agricultural one by applying to the State Register with the appropriate application. This requires justification, but in a significant number of cases the issue is resolved positively.

For example, Batumelebi cites several stories in Adjara, with the names and surnames of sellers and buyers.

At the same time, it was found out that from February 2022 to July 2023, only in the Kobuleti and Khelvachauri zones, the status of land plots was changed to non-agricultural 289 times.

newsgeorgia.ge





Tags: