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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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The TCU discovered that the FAB made over 100 flights with only one person on board in planes designed for 50 passengers, and the waste of public money revealed in the report surprised even the auditors.
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War in the Middle East is making Brazil richer: the country has returned to the IMF’s global top 10 thanks to the rise in oil prices, and the projection is to surpass Russia by 2027 and Italy by 2028.
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Resident refuses to sell house for R$ 15 million to construction company and sees luxury condominium surround his property on all sides.
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While Congress is still discussing the end of the 6×1 schedule, major pharmacy chains, supermarkets, and clothing stores have already adopted a 5×2 schedule and report more productive and happier employees.
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.
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