Tourism

CAPTION PLACE HERE

Choosing Right Advisor Can Save Million Dollars

Continuous Increase of International Visitors – 23% average annual growth of international visitors for last five years

Why to Invest?

Unique Nature and Culture

Various Type of Resorts and Investment Opportunities

No Real Estate Ownership Restriction

Governmental Incentives Available

16th most secured country in the world
(Source: Global Competitiveness Index -2015/2016)

Georgia has proved to be a highly desirable location for the hospitality and real estate sector

Average duration of stay - 5 nights, average spend - USD 650

Home to more than 12,000 historical and cultural monuments including several UNESCO World Heritage Sites

8 national parks and 84 different categories of protected areas

Number of international tourists’ arrivals isexpected to grow by 8-10% during the next five years (Source: Colliers international) www.investingeorgia.org 22 HOSPITALITY & REAL ESTATE INVESTMENT OPPORTUNITIES

SUMMER RESORTS

Batumi

Gonio

Anaklia

Kobuleti

Other Black Sea locations

WINTER SKI RESORTS

Mestia

Bakuriani

Gudauri

Goderdzi

FOUR SEASON RESORTS

Mestia

Bakuriani

Gudauri

Kazbegi and etc

MEDICAL & WELLNESS RESORTS

Tskaltubo

Akhtala

Borjomi

Abastumani and etc

MANUFACTURING:

Growing regional market - Companies operating in Georgia can benefit from the growing regional market and various regional import substitution opportunities

Access to 900 million markets without Customs Duty - Georgia has Free Trade Agreements (FTA) with Turkey and post-soviet countries, and Deep and Comprehensive Free Trade Agreement (DCFTA) with EU

Competitive labor costs - the average monthly salary in manufacturing industry was 355 USD (2015) including white and blue-collar workers

Low utility costs - currently up to 80% of power is generated via hydropower plants, leading to cheaper energy cost. Standard cost for 1 kwh is 6 USD cents for 30-110 kV high voltage electricity

4 Free Industrial Zones (FIZ) - In FIZ, businesses are exempt from all taxes except Personal Income Tax (20%), which is paid from employees’ salaries

Sectors of Manufacturing:

Chemical

Plastics

Construction Materials

Ceramic products - tiles, sanitary ware, refractory bricks

Glass

Furniture and etc