Middle East investors wake up to Georgia to recover from pandemic losses
From student housing and hotels to residential and commercial projects, investors from across the Middle East are pumping millions of dollars into real estate across Georgia.
Georgia’s ease of doing business, along with its low costs, high returns, flexible visa rules and scenic landscapes, has caught the eyes of investors looking to recover from pandemic losses.
“In Georgia, you can open a bank account, register a company and rent a house all in one day,” Islam Shalaby, creative director at Tbilisi-based real estate developer Swef Land, told Salaam Gateway.
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