Non-land individual property is generally exempt where prior-year family income does not exceed GEL 40,000. Land needs a separate check.
Georgia property tax · 2026
Buying is simple.
Owning still has a tax calendar.
Annual property tax, land, family-income thresholds, rental income and sale gains explained separately—so a “0% property tax” slogan does not hide the filing test.
Annual tax on individual property
Family income determines
the rate band.
The taxable base is market value. The exact rate within the statutory band is set under the applicable local framework.
Annual rate applied to market value of taxable property.
Annual rate applied to market value of taxable property.
Most misunderstood definition
“Family income” is
not just Georgian salary.
The threshold uses the Tax Code’s family and income definitions for the preceding calendar year. Spouse and qualifying household members can affect the calculation, and specified income may be included even if it was exempt or received abroad.
Foreign owner warning
Do not conclude that the annual tax is zero merely because you had no Georgian employer. Calculate the statutory family-income amount and document the property’s market value.
Land is separate
The ₾40,000 threshold
does not solve land tax.
Individuals generally assess land held on 1 April of the tax year. Rates depend on land classification, location, municipal decisions and coefficients—not simply the apartment rate table.
Non-agricultural land
A statutory base rate and territorial coefficient apply; use the official RS land calculator for the parcel.
Agricultural land
Rates vary by category, quality and administrative territory. Foreign ownership restrictions require separate legal review.
Possible exemptions
Article 206 includes specified exemptions, including conditions for certain agricultural land and land attached to homes/garages within local limits.
Leased or used land
Possession or use of state/deceased-owner land and transfers under lease or similar arrangements can change liability or an exemption.
Property lifecycle
Four different taxes,
four different questions.
01 · BUY
Georgia generally has no stamp duty/property-transfer tax as a separate buyer charge, but registry, legal, translation, valuation and financing costs remain. Developer VAT can be embedded in price.
02 · OWN
Annual property tax depends on prior-year family income and market value. Land is calculated separately. Declaration: 1 November; payment: 15 November.
03 · RENT
Qualifying residential letting by a natural person can be taxed at 5% of gross rent. Tenant/use, registration, withholding and VAT facts matter.
04 · SELL
A qualifying residential property gain sold within two years can face 5% tax; statutory holding-period exemptions may apply after two years. From 2024, a non-business gain is generally reported monthly.
Owner checklist
Before 1 November.
✓ Current Public Registry extract and cadastral code✓ Ownership status on 1 April✓ Property type, use and supported market value✓ Prior calendar year family-income calculation✓ Land classification, area and local coefficient✓ Rental contracts and income declarations✓ Acquisition cost and documented improvements✓ Any Article 206 exemption evidence✓ RS.ge declaration and payment confirmation
Property tax FAQ
Ownership questions
worth checking annually.
Does a foreign owner pay a higher rate?
The annual property-tax framework does not impose a special higher rate merely because an owner is foreign. Income, family composition, property type, value, land and use matter.
Is the GEL 40,000 threshold only Georgian income?
Do not assume so. The statutory family-income calculation is broader and has detailed inclusion rules. A foreign owner should calculate the family amount under the Georgian definition rather than entering zero automatically.
Is land exempt below GEL 40,000 family income?
No. Land tax is a separate obligation and the GEL 40,000 threshold for other individual property does not generally remove land tax. Specific Article 206 exemptions may apply.
Who values the apartment?
An individual declares taxable property using market value. The Revenue Service calculates the tax from the declaration and applicable municipal rate; valuation should be supportable.
What if I sold an apartment?
Annual ownership tax and disposal income tax are separate. A qualifying residential apartment/attached land gain can be taxed at 5% if sold within two years, while a statutory holding-period exemption may apply after two years. Facts and use matter.
Is residential rent taxed at 5%?
Qualifying residential letting by an individual for residential purposes can use a 5% gross-income regime. Commercial use, short-stay facts, VAT registration and business structures need separate analysis.
English-speaking tax support
Check, prepare
and file correctly.
TBILISI EXPAT LLC can review the facts, coordinate the calculation and assist with the Georgian filing workflow. Scope and fee are confirmed after we see the taxpayer and transaction history.
Ask on WhatsApp ↗hello@tbilisiexpats.comAvailable 7 days · Meetings by appointment · Besiki 4, Tbilisi
Official and technical sourcesTax Code of Georgia ↗Revenue Service Georgia ↗RS.ge · official land calculator ↗PwC · individual property taxes ↗National Agency of Public Registry ↗
Reviewed 17 July 2026. General information only. Filing obligations, family income, source, valuation and exemptions are fact-specific; verify the current Georgian text and RS.ge account before relying on a deadline or tax result.