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Georgia Issues Residence Permits to 107,307 Foreigners – Kobakhidze Pu...

Kobakhidze highlighted that over 70% of foreigners in Georgia come from post-Soviet countries, the EU, the U.S., or Israel, with the remaining 30% originating from other nations.Regarding residence permits, 107,307 permits have been issued to citizens from 164 countries. Key countries include: Russia: 32,129 permits (29.9%), with roughly 30% being ethnic Georgians or former Georgian citizens. India: 23,930, mostly students. Azerbaijan: 6.3%, largely ethnic Azerbaijanis who left and later returned. Ukraine: 6,290 with residence permits; an additional 25,000 Ukrainians reside in Georgia under refugee status, totaling around 30,000. Armenia: over 5,000, mainly returnees with Armenian citizenship. Belarus: 3,738. Turkey: 3,645 (3.4%). Iran: 3,331 (3.1%). Sudan: 2%, mostly medical students. China: over 2,000 (1.9%), mainly labor for infrastructure projects. Jordan: over 2,000 (1.9%), mainly medical students. Pakistan: 1,618 (1.5%), mainly medical students. Egypt: 1,341 (1.2%), mostly medical students. USA: over 1,000 (1%). Kobakhidze noted that residence permit data provides a clear picture of the presence and origins of foreigners in Georgia, offering insight into migration patterns and the composition of the foreign population.

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Kobakhidze Plans to Deport 20% of Illegal Migrants from Georgia

Kobakhidze emphasized that recent legislative changes, including amendments to the Law on the Legal Status of Foreigners and the criminal and administrative codes, have significantly strengthened immigration control.In 2025, more illegal migrants were deported from Georgia than in the previous ten years combined, the Prime Minister said. For 2026, the government plans to deport approximately 4,000 individuals, representing around 20% of the country’s illegal migrant population.He also provided a country breakdown of deported migrants: India – 20.5%, Turkey – 12.9%, Iran – 12%, China – 7.5%, and Russia – 5.6%. Kobakhidze stressed that enhancing enforcement is feasible due to ongoing reforms in the Ministry of Internal Affairs’ Migration Department.

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U.S.-Based Wellington Management Becomes Shareholder in GCAP

The transaction was completed on February 16, 2026, and was finalized in London.The 5.06% stake represents 1,759,924 voting shares, held by entities controlled by the Wellington group and through nominee shareholders. The nominee shareholders include VIDACOS Nominees Limited, Goldman Sachs International, and ROY Nominees Limited.Wellington Management Company LLP is an investment management entity that manages the assets of certain funds and/or managed accounts. Wellington Management Company LLP is a direct controlled undertaking of Wellington Investment Advisors Holdings LLP, which, in turn, is a direct controlled undertaking of Wellington Group Holdings LLP, which, in turn, is a direct controlled undertaking of Wellington Management Group LLP.

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Yandex Eats Exits Georgian Market

Cholaria explained that the exit is part of a global decision made by Yandex Eats at the international level."My role as Head of Operations for Yandex Eats in Georgia has ended due to the company’s global decision to cease local operations.I am proud of what we built together. In a very short time, we structured the business into a results-oriented operation, with clear responsibilities, transparent processes, and high performance standards.In 2025, our market became the company’s strongest international operation in terms of results, reflecting focus, discipline, and consistent leadership.I want to thank everyone who was part of this journey. Building a strong team and achieving results in a competitive environment is never easy, and that is what makes it meaningful," Cholaria wrote.

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Record Year for Georgia’s Real Estate Market: $4.3 Billion in Apartmen...

Tbilisi: Market Growth and Leading DistrictsIn the capital, 42,267 transactions were recorded last year, a 3% increase compared to 2024. The total market value grew 15%, reaching $3.3 billion. The primary driver of activity remains the primary market (new construction). In terms of supply and demand, three districts dominate: Didi Digomi, Saburtalo, and Samgori, accounting for 61% of the market share.Price Trends and Foreign BuyersPrice growth remained strong compared to 2024. Average prices were: New projects (secondary market): $1,484/sq.m Old projects: $1,244/sq.m Foreign buyers have become increasingly active, showing a strong preference for new construction. 86% of purchases by foreigners were in new projects, while their interest in the older housing stock remained stable.Batumi Sets New RecordsThe real estate market in the Adjara region showed exceptional growth. In Batumi, transactions rose 17% to 17,052 units, surpassing the 2022 peak. The market size increased 34%, exceeding $1 billion. Colliers Georgia highlights that Batumi’s appeal is driven by high-end new projects and international investment. Prices continue to rise, with the average in new projects reaching $1,497/sq.m.Geopolitical InfluenceThe share of Georgian buyers in Batumi’s secondary market for new projects has declined, falling to 51% in 2025. Colliers attributes this trend to regional geopolitical developments, particularly the increased demand from Russian and Ukrainian buyers, which has reduced the relative share of local buyers.

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Transfers from Russia returned to growth

According to the statistics of the National Bank of Georgia, the maximum share of transfers in January falls on the EU countries - 45.4%, with an annual growth of 17.5% (01/2025 - 45.09%, +7.5%Y.Y).Transfers from Spain increased by 41% year-on-year (Germany +24.6%Y.Y; Greece +18%Y.Y; Italy +15.2%Y.Y).Remittances from Russia are also increasing, with an annual growth of 32%, in contrast to last year's 63% decline. Russia will be eliminated in the donor ranking in December-January with increasing dynamics (12/2026 +39%Y.Y).

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