Investors Handbook. A Legal Guide to Business in Georgia
Ministry of Economy and Sustainable Development of Georgia (The "Ministry").
The privatization of agricultural land situated in the first ring of the sanitary protection of the wa-
ter supply facilities (the zone of strict regulation) is allowed only if observance of the conditions
of sanitary protection is guaranteed.
Georgian legislation imposes some restrictions on foreigners wishing to participate in the priva-
tization of State owned agricultural land. In this case, only a Georgian citizen or company regis-
tered in Georgia are entitled to purchase such land. A branch of foreign company is not consid-
ered a Georgian company.
Foreigners are also prevented from participating in the privatization of forests of former collec-
tive and Soviet farms situated within the borders of a settled territory (artificially planted specific
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