We answer your questions
Georgia
Georgia is the place to live, love and laugh. Georgia has a great culture and a great zest for life. The people are very friendly.
Tbilisi is one of the most beautiful cities to live in.
Its political situation is stable and Georgia has a low crime rate.
You can open a private bank account with your passport. We can also open the account for you without you having to be there. Georgian banks are modern, crypto-friendly and offer a good service in English.
Georgia has a modern Internet infrastructure that offers sufficient speed for working. Mobile Internet is up to 100 MBit/s fast. For 55 GEL ($20) you can get a SIM card for unlimited surfing and calls.
You can get Georgian health insurance for around €300 a year, which covers most of the costs. Dental prostheses are considerably cheaper than in Germany. For around €300 a year, you can take out Georgian health insurance that covers most of the costs.
The cost of living is around 35% to 50% cheaper than in Germany. You can rent a reasonable apartment (furnished) from 500 USD. With all other costs included, you can have a reasonable life with 1,200 USD.
With a passport from an EU member state, you can stay in Georgia 365 days a year. You can easily extend your stay with a short detour to Armenia or Turkey.
You can usually get a residence permit easily if you buy a property, are employed by a Georgian company or can prove an income of at least 50,000 GEL (approx. $18,000).
Die Nationalsprache ist Georgisch, als Zweitsprache wird Russisch gesprochen. Englisch ist eine geläufige Sprache in Banken und Behörden. Viele Georgier sprechen ein ausreichendes Englisch, sodass es keine Verständigungsprobleme gibt.
Die Flugzeit von Europa nach Georgien beträgt im Durchschnitt vier bis sechs Stunden. Für circa 250 Euro bekommt man schon ein Hin- und Rückflugticket.
Georgien ist eine unentdeckte Perle im Kaukasus. Es ist die kaukasische Schweiz, gelegen zwischen der Türkei, Armenien und Aserbaidschan, das mit allen Ländern freundschaftliche Beziehungen pflegt. Georgien grenzt im Westen ans Schwarze Meer und im Norden an Russland.
Der Lebensstandard in Tiflis, Batumi oder Kutaissi lässt sich durchaus mit europäischem Standard vergleichen.
Tiflis ist ein beliebtes Ziel digitaler Nomaden, Auswanderer und Perpetual Traveler. Tiflis ist eine Mischung aus europäischem, postsowjetischem und orientalischem Flair.
Die Georgier sind sehr familienfreundlich, lieben Musik, Kultur und das Essen. Sie sind sehr hilfsbereit und freundlich.This is a detailed answer.
Real-world assets
The authenticity of an NFT is ensured by the blockchain technology on which the NFT was created. Each NFT has a unique digital identity that is recorded in the blockchain and cannot be changed. When an NFT is created, it is signed by the blockchain with a unique code called a “smart contract”. This smart contract contains all relevant information about the NFT, including ownership and transfer history. Every transfer of the NFT is recorded on the blockchain and can be verified by anyone. This ensures that each NFT is authentic and unique and that ownership of the NFT is clearly defined.
Your NFT is unlikely to lose value as long as it is backed by a tangible asset. A tangible asset usually always retains a residual value, and depreciation can only occur through normal wear and tear. In addition, all tangible assets are insured to prevent losses due to theft, vandalism or environmental events.
Your tangible asset can increase or decrease in value depending on inflation and income, similar to an investment in real estate. Manavi Capital generally invests in assets that generate inflation in order to maintain or increase the value of NFTs.
You can sell your NFT at any time or transfer it from wallet to wallet. This is the advantage of our investments, as you can create liquidity at any time.
The new buyer must be re-authenticated in the KYC procedure and confirmed by you.
The rule “Not your key, not your coins” states that you only have access to your coins (or NFTs) if you also have the private key. Without the private key, you cannot access your tokens. The private key is generated together with the seed phrase when a wallet is created for the first time. It is therefore very important that you carefully note down your seed phrase and keep it safe so that you can restore your wallet.
At Manavi Capital, we have a double security concept that works similar to two-factor authentication. All owners of the NFT are registered in the KYC (Know-Your-Customer) procedure and have been authenticated in accordance with the Money Laundering Act. There is also a certificate of ownership that proves ownership.
If you lose your seed phrase, other crypto assets may be lost, but not your SBI Assets offered by Manavi Capital. You can identify yourself with your ID and title deed. We can then create a replacement NFT for you for a fee. This security concept protects you as an investor against misuse.
A private key is an alphanumeric code generated by a wallet for cryptocurrencies and NFTs. It is used to authorize transactions and prove ownership of a blockchain asset. A private key is an essential part of crypto assets, and its encrypted properties help protect users from thieves and unauthorized access to their funds.
The private key is generated when you initially set up your wallet and write down the 12 words in the given order (the seed phrase). It is important that you write down your seed phrase on paper and store it carefully or, ideally, memorize it.
The safest place for your crypto assets is your own hardware wallet, which is only connected to the internet when you make a transaction. Common hardware wallets are Trezor, Ledger, BitBox or Tangem.
An NFTs as a real-world asset offers various benefits such as the ability to track and secure the ownership and transfer of a real-world asset. It also offers the ability to share ownership of a real-world asset in the form of a digital token, which can facilitate the sale of shares in an asset. In addition, an NFTs as real-world assets can increase the liquidity of a real-world asset as it can be traded more easily and quickly on a marketplace.
As with any investment or trading transaction, there are also risks when trading NFTs as real assets. These include, for example, price volatility, market manipulation, fraud and cyberattacks on the blockchain. It is important to do thorough research before buying or selling an NFT as a real asset and to be aware of the risks and potential impact on your portfolio.
Taxes may apply when buying or selling NFTs, depending on the tax rules of the country in which the buyer or seller is based. In most countries, trading NFTs is treated as a capital gain or loss. This means that the gain or loss realized on the purchase or sale of NFTs may be subject to income tax.
It is advisable to check the tax regulations of the country in which you are resident before buying or selling NFTs. There are also tax implications on the custody and management of NFTs, including taxes on the interest earned on NFTs held as an asset. It is therefore important to consult a qualified tax advisor to ensure that you meet all tax obligations.
The transfer of an NFT is carried out via the blockchain network on which the NFT was created. The owner of the NFT sends the token to the wallet address of the buyer, and the transaction is then recorded on the blockchain. This ensures the integrity and immutability of the NFT transfer. It is important to note that each blockchain platform has its own specific steps for transferring NFTs. Therefore, buyers and sellers should carefully follow the instructions on the platform to ensure that the transfer is carried out correctly.
You have various options for purchasing your NFT. You can either buy it with fiat money such as US dollars or euros, a stablecoin or cryptocurrency. The available payment options and currencies are listed at checkout. If you use cryptocurrencies, the current exchange rate will be taken into account.