Georgia & Market
Georgia as a Development Context
Georgia offers a distinct development context shaped by urban growth, business openness, and demand for better-quality environments. This page will present confirmed market indicators and project-relevant context as data is approved.
Why Georgia
A market defined by openness and urban momentum
The real estate market in Georgia has matured and is now primed for high-quality products. Customers are actively seeking innovative concepts that offer new opportunities and solutions. They are eager to discover and invest in high-value offerings that enhance their lives and meet their evolving expectations.
Milestone sees significant opportunities for businesses to introduce superior products that not only satisfy growing demand but also educate consumers on the value of quality-driven development. This approach helps establish a strong market presence and fosters long-term customer loyalty.
Market Signals
Business Readiness
Top-Quintile Performer
World Bank B-READY 2025
Operational Efficiency: #2 / 101
Economic Freedom
#35 / 184
Score: 69.6 / 100
Heritage Foundation 2026
Tax & Reinvestment Policy
0% Current CIT
On retained / reinvested profits
15% upon distribution
Productivity & Trade Openness
#1 / #4
#1 Labor Productivity Growth
#4 Applied Tariff Rate
WIPO GII 2025
Credit & Macro Stability
BB / Ba2
Fitch: BB Stable
S&P: BB Stable
Moody's: Ba2 Negative
Public Debt / GDP: 34.2%
Global Ranking Highlights
Labor Productivity Growth
#1 globally
WIPO GII 2025
Applied Tariff Rate
#4 globally
WIPO GII 2025
Operational Efficiency
77.96 / 100
Rank #2 / 101
World Bank B-READY 2025
Business Location
79.51 / 100
Rank #4 / 101
World Bank B-READY 2025
Dispute Resolution
74.09 / 100
Rank #2 / 101
World Bank B-READY 2025
Supporting Macro & Business Indicators
FDI 2025
USD 1.69B
+7.6% YoY · Geostat preliminary
Real GDP Growth 2025
7.5%
Preliminary
External Trade 2025
USD 25.82B
+10.1% YoY
Business Registration Time
1-2 days
Electronic registration · Public registry
Data Verified · May 2026
Sources
- World Bank B-READY 2025
- World Bank B-READY Georgia Economy Profile 2025
- WIPO Global Innovation Index 2025
- Heritage Foundation 2026 Index of Economic Freedom
- PwC Worldwide Tax Summaries - Georgia
- Geostat - FDI in 2025 (preliminary)· Released Mar 2026
- NAPR / Enterprise Georgia
- Fitch Ratings
- S&P Global Ratings
- Moody's Ratings
Real Estate Context
A market with real demand for quality
The Tbilisi residential and commercial real estate market has grown steadily, driven by urbanisation, lifestyle demand, and a growing base of international buyers. Quality-built projects - those with clear architectural vision, durable materials, and considered planning - remain underrepresented relative to demand.
TBILISI RESIDENTIAL MARKET SIZE
USD mln.
TOTAL RESIDENTIAL TRANSACTIONS IN TBILISI
transactions
NEW PROJECTS MARKET SIZE: CITY CENTER VS OTHER
USD mln.
NEW PROJECTS TRANSACTIONS: CITY CENTER VS OTHER
transactions
Tbilisi's residential market reached USD 3.3 billion in 2025 - more than double the 2020 low of USD 1.2 billion.
New-project transactions exceeded 32,500 in 2025, with consistent year-on-year recovery and expansion since 2020.
Outer districts now account for ~79% of new-project activity in 2025, reflecting broad-based demand well beyond the city center.
Source: Recov.ge / Colliers Georgia
Milestone in Georgia
Turning local opportunity into structured, managed development
Residential Development
Land development, housing-oriented projects, and considered residential planning.
Mixed-Use Projects
Urban mixed-use development combining residential, commercial, and public programme.
Industrial / Logistics
Industrial facility development and project management for business clients with operational requirements.
End-to-End Project Management
Design coordination, permitting, procurement, and construction supervision from start to delivery.
Work with Milestone in Georgia
Discuss a project in Georgia
Whether you are a buyer, a business client, a landowner, or an organisation considering a development project in Georgia - Milestone is ready to discuss your opportunity.