A draft package of legislative amendments has been initiated in the Georgian Parliament, introducing a new C5 category visa under the law ‘On the Legal Status of Foreigners and Stateless Persons.’
The authors of the bill say the initiative aims to attract foreign citizens and investors with high purchasing power.
The draft law states that the C5 visa will be multiple-entry, valid for five years, and will allow holders to stay in Georgia for a total of one year. The visa will also cover the holder’s spouse and minor children. Holders will be permitted to engage in remote work for the benefit of non-residents.
The fee for issuing a C5 visa, including in electronic form, will range from $20 to $500.
The initiators say the changes are expected to contribute to foreign currency inflows, as well as the development of the tourism and service sectors. The draft also proposes limiting the right to appeal a refusal to issue a visa and is planned to be considered in Parliament under an accelerated procedure.
“The C5 category is issued to a person coming to Georgia for short-term purposes, who enters the territory of Georgia for tourist purposes and who also has the right to carry out activities only for the benefit of a non-resident person if it is related to activities carried out outside Georgia,” the explanatory note states.
