Real Estate & Property Taxes in Georgia

Georgia is known for one of the simplest, most owner-friendly tax systems in the region. Here's what property owners need to know.

Buying a property

• No stamp duty on purchase.
• Registering the deed at the Public Registry costs 50–200 GEL, depending on processing speed.

Annual property tax

• Up to 1% of the self-assessed market value.
• Household annual income under 40,000 GEL: fully exempt.
• Income between 40,000–100,000 GEL: 0.05–0.2% of appraised value.
• Income above 100,000 GEL: up to 1%.
• Declared by 1 November, paid by 15 November of the following year.

Land tax

Non-agricultural land is taxed separately at 0.24 GEL per m² per year.

Rental income

The standard rate is 20% of net income. Individuals who register their rental activity as an Individual Entrepreneur can instead pay a flat 5% on gross rental income — see the article on registering an IE.

Selling a property

Selling within two years of purchase incurs a 5% tax on the capital gain. After two years of ownership, the sale is tax-free.