Georgia has a very rich tradition in agriculture. Arable lands and woods occupy 85% of the country's total land area. Vertical zones with almost all types of soil and climate characterize the country. Due to such diversity, the country is divided into 13 zones and 6 sub-zones of agricultural specializing. Easy Annual climatic conditions are favorable for the production of a variety of agricultural goods, such as winery citrus and more.
Agriculture in Georgia is growing steadily. Recent reforms in land privatization, registration, development of infrastructure, and the plans of leasing of agricultural technology, among other reforms, have already yielded positive results.
Foreign Investors may enjoy:
- excellent climatic conditions for growing a variety of products.
- rich tradition in winery, citrus, cattle breeding and more.
- open opportunity to privatize agricultural land.
- no property tax on small plots of land (less than 5 ha).
- no property tax on property transaction.
- no profit tax.
- no VAT on primary supply of agricultural products.
- 0% of import duty on agricultural and other equipment.
Open opportunities: