Category: Georgia
Georgia hits record employment rates
The Ministry of Economy of Georgia reported that the country had a record-breaking low unemployment rate in 2024, marking a 2.5% drop to 13.9%. In other words, the number of unemployed individuals decreased by 34,700, totaling 227,000. Naturally, the employment rate also hit a historic high, with an increase of 67,900, marking the overall employed […]
Read moreGeorgia to introduce work permit system for foreign workers from March 1
Synopsis Georgia is introducing a mandatory work permit for most foreign workers from March 1, 2026, ending the current informal system. Employers must advertise vacancies before applying. Existing foreign workers have until January 1, 2027, to comply. This move aims to enhance labor market oversight and curb illegal employment, with penalties for non-compliance. Georgia will […]
Read moreGeorgia’s E-Commerce Sector Expands Rapidly but Business Participation Remains Low
A new study by Galt & Taggart shows that Georgia’s e-commerce market continues to grow at a fast pace, yet only a small share of businesses are active online, leaving the country well behind European Union benchmarks. In 2024, just 4 percent of Georgian companies were engaged in e-commerce, compared with 21 percent in the […]
Read more„Maximum number of foreign citizens living in Georgia is 257 thousand, including illegal migrants“- PM
Prime Minister Irakli Kobakhidze states that based on the data from the general population census, the maximum number of foreign citizens living in Georgia is 257 thousand. According to his information, this figure includes illegal migrants among them. As Kobakhidze stated at the plenary session of Parliament, “Sakstat” will publish refined statistics on June 25. […]
Read moreWhat Georgia’s New Migration Enforcement Strategy Means
Georgia has long marketed itself as an open, easy-to-enter hub-especially for regional visitors, remote workers, and small traders. But in late 2025 and early 2026, that reputation began to collide with a more forceful state approach to immigration control. A series of street- and workplace-level raids, a faster deportation pipeline, and higher penalties for overstaying […]
Read moreNumber of high-paid employees in Georgia rises in 2025
Data from the Revenue Service revealed that the number of employees earning at least GEL 100,000 per month in Georgia increased significantly in 2025, reflecting continued wage polarization in the labor market. A total of 35,615 employees reported monthly earnings of GEL 100,000 or more, up by 6,300 compared to 2024. Collectively, this group received […]
Read moreTBC Secures GEL 270 Million from ADB to Support Businesses in Georgia
TBC has raised GEL 270 million in financial resources from the Asian Development Bank (ADB) to expand access to finance for micro, small and medium-sized enterprises (MSMEs) in Georgia and to strengthen green financing across the country. The majority of the funds will be directed toward supporting MSMEs. Of the total amount, 20% will be […]
Read moreAldagi Offers Mandatory Travel Insurance for Visitors to Georgia
Insurance company Aldagi offers tourists mandatory visitor travel insurance for Georgia, fully compliant with the Georgia travel insurance requirement and designed to provide reliable protection throughout the entire period of travel in Georgia. According to Georgia’s travel insurance law, starting January 1, 2026, travel insurance in Georgia will become mandatory for foreign visitors. Under this […]
Read morePM: ADSW Summit to explore opportunities for sustainable economic development
Georgian Prime Minister Irakli Kobakhidze has commented on his participation in the Abu Dhabi Sustainability Week (ADSW) Summit via X, noting that the forum provides an important opportunity to advance discussions on sustainable economic growth. The Prime Minister claimed that Georgia’s participation in the summit will focus on presenting the country’s potential as a regional […]
Read moreInsurers renew push for ‘top-up’ health insurance as 2017 rule draws criticism
Georgia’s insurance sector has renewed calls for the introduction of so-called ‘top-up’ health insurance packages, arguing that a 2017 regulation continues to distort the market and limit access to healthcare. Under the current rule, individuals who purchase private medical insurance lose their entitlement to state-funded universal healthcare. The Insurance Association says this provision has significantly […]
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