|
There have been a number of troubles in recent years with ramifications that still hold today, political stability is a new concept in the country and the economy is in a bad state. Why would a person want to invest in Georgia? Well for a start, the economic situation is getting better with each year – whilst it still could not be called healthy by any sensible person, it is certainly on the mend and the spending power of the nation becomes stronger each year. Whilst tensions are still high in certain regions of Georgia, they are nowhere near as bad as they have been, and UN-lead talks that are being carried out are making slow, but sure steps towards a total peace in most of the disputed regions. As for the political stability – this has been holding and looks set to hold firm, as the people are happy with their new government and want it to stay in power. With things looking set to be on the front foot in the near future, an investment in the country would not be such a strange move to make – it would be a long term investment, but the potential for returns would be immense. Tbilisi is certainly the most popular region in the country with property buyers, and the city has seen a few ‘stages’ of buying and selling since Georgia gained independence – the inheritance of property from the state, the Russian mass-emigration and the subsequent purchase of a great deal of property by wealthy Georgians all took place in the early to mid-nineties. Though this means there aren’t many absolute steals in the city, there are still any number of bargains to be had, and this beautiful, friendly city would be an ideal home away from home. There are no guarantees that Georgia would be a good investment, but the potential is there for any potential off plan investor. The economy is making a comeback and the country’s stronger ties with the West – America especially – means that even if things did go awry, there would be huge amounts of support to get affairs back on track. Another factor that helps back up the stability of the country is the proposed gas pipeline which, when completed, will bring a great deal more prosperity to the nation. The final factor that shows the country is on the right track is the application for Georgia to accede to the EU – if it is accepted then things are sure to pick up at an even faster rate, but everything will take time.
|
|