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Georgia, Small Nation of the Caucasus, Is Already Called the “Little Giant” Due to Its Surprising Economic Growth. With a History of Poverty and Instabilities, the Former Soviet Republic Found a Development Path That Recently Placed It Ahead of Brazil in Terms of Purchasing Power.
In the 1990s, after the disintegration of the Soviet Union, the country faced extreme poverty, with a purchasing power less than a quarter of Brazil’s at the time. However, Georgia has shown rapid growth over the past 10 years that has reversed this situation.
Batumi, a city on the shores of the Black Sea, is an example of the changes in Georgia. With bold constructions and an infrastructure that contrasts with the classification of “poor country” given by the World Bank, the city resembles more of a futuristic setting than an old Soviet republic.
But For Brazilians, Is It Worth Living in Georgia?
Many Brazilians are already wondering if Georgia would be a good destination, whether for tourism, digital nomads, or even for a life and work change. The country offers a range of advantages, such as high-quality internet and a low cost of living compared to more developed nations.
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At 14 years old, she worked in a factory in Hong Kong, studied economics abroad, and then entered the Chinese real estate market, which helped change the landscape of Beijing.
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While NATO secured more than $10 billion in missiles and space surveillance at a single forum, Brazil still spends 1.1% of its GDP on defense and is stalling its own anti-aircraft system.
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Corn ethanol attracts R$ 23 billion in 21 new plants and prepares for a nearly 50% jump in Brazilian production by 2027, even with high interest rates.
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A newly opened terminal in the middle of the Amazon has begun transporting soy and corn through Amapá, eyeing the queue of ships that is congesting the ports in the South.
Economy on the Rise: What’s the Secret?
The country has been heavily investing in infrastructure and economic reforms. Strict measures against corruption and policies of economic freedom have given momentum to the Caucasian nation, which is already seen as a potential destination for international investments.
The Georgian language is unique and has its own alphabet, an example of the country’s cultural singularity. However, Russian is widely spoken, especially among older generations. For young people, English has become increasingly popular.
The history of Georgia is a mix of periods of independence with long phases of occupation by empires such as the Mongols, Persians, and Russians. Even Joseph Stalin was born in the country. But since its independence from the Soviet Union in 1991, Georgia has been striving to chart a new chapter, and all indications are that it has been successful in this endeavor.
Georgia Is Undoubtedly a Country of Opportunities
If you are a Brazilian looking for new opportunities or simply want to get to know a country that is growing rapidly, Georgia is a place worth considering. Stay tuned, as this nation promises to become increasingly relevant on the world stage in the coming years.
