He owned several assets in Tbilisi, sponsored cultural establishments in Georgia and provided bursaries for Georgian students abroad.

After the fall of the republic to a Bolshevik invasion in 1921, Khoshtaria emigrated to Paris, where he died in 1932 and was interred at the Père Lachaise Cemetery.

[1] Their daughter, Minadora (1918–1985), married, in Paris, in 1942, Mikhail Bagration-Mukhransky, a Georgian émigré and scion of the last princes of Mukhrani, who is the paternal uncle of Khétévane Bagration de Moukhrani, Georgia's ambassador to the Holy See from 2005 to 2014.

[5] However, the war and the Russian Revolution prevented its immediate development and Khoshtaria sold his interests to the Anglo-Iranian Oil Company (AIOC) for £200,000 in 1920.

[6] In the touristic city of Bandar-e Anzali on the coast of the Caspian Sea in Iran's Gilan province, the preserved palace of Akaki Khoshtaria with its beautiful garden can still be visited.