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Mortgage and Inner Installment

Mortgage and Inner Installment

You can buy property with inner installment plan in Georgia but probably you can not get a mortgage. Applying for mortgage, you must have residence permit or prove that you have Georgian income.

The existence of special requirements for applying mortgage is not a barrier for foreign investors. Because almost all construction companies offer installment plan with averagely down payment of 20% to 30% and installment period of up to 36 months.

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