In a bid to build up its tourism industry, Georgia has done the unprecedented – free land for investors in 2 Free Tourism Zones plus a host of other benefits.
As of 6 April 2015, the Government of Georgia has designated 2 unique Free Tourism Zones – Anaklia and Kobuleti where it will offer investors unprecedented terms for the construction of hotels along its beautiful sea coast.
Free land – The land plot is granted to an investor for a symbolic price 1 GEL (USD0.37)
Exemptions from Property and Profit Taxes – hotel activities are exempted from Profit and Property taxes until 2026
Free casino license for hotels which have over 80 rooms
Pre-packaged hotel projects
Ready infrastructure – necessary infrastructure, such as electricity, water, gas, sewerage is provided by the government
Anaklia is a new resort on the Black Sea coast. The lands that will be handed over to investors are located alongside the boulevard which was designed by Spanish architect Alberto Domingo Cabo. Ananklia is famous for its summer international music festival GEM fest.
Kobuleti is an already established, traditional seaside destination for international visitors. The town is 25 km away from the most popular seaside city Batumi and 30 minutes from Batumi International Airport. Kobuleti Free Tourism Zone includes 12 ha area for the development of about 30 hotels (140 meters from the sea coast).
WHY VISIT GEORGIA?
Considered one of the last European wilderness where you can roam freely, Georgia is a beautiful country shaped by rugged mountains, rivers, valleys and meadows. It lies in the middle of the Caucasus region and has unspoilt natural beauty to complement its unique culture. It is the perfect place for hiking, trekking, and exploring at a leisurely pace.
Quaint villages and towns still dot the countryside while modern cities like Tbilisi, Batumi, and Borjomi are charming and photogenic. Tbilisi, the capital, even has quite a bit of nightlife.
You can enjoy authentic experiences, be it the local cuisine or interacting with the locals. History lovers can check out the Narikala Fortress, Uplistsikhe and Gergeti Trinity Church, while adventure seekers can go hiking, horse-riding, paragliding, caving, rafting, hunting, or a myriad of other outdoor activities.
Georgians are hospitable to a fault and will often pick up the tab despite not being economically well-off.
Georgia is an emerging capitalist country. For investors, it will be a pleasant surprise to know that Transparency International has rated Georgia as the least corrupt country in the Black Sea region, beating all of its nearby European Union neighbours. Since 2014, it is part of the European Union’s Free Trade Zone. The country is also a member of the Council of Europe, Organization for Security and Cooperation in Europe, as well as Eurocontrol.