01
No tax below 40,000 GEL of income
No property tax is due if the household's worldwide yearly income is below 40,000 GEL. Few foreign investors fall under this threshold, but it exempts many local residents.
Property tax
Georgian property tax: progressive scale and exemptions
Property tax in Georgia is not flat. It depends on the household's yearly income and stays very low for most foreign investors.
02
40,000 to 100,000 GEL income
Between 40,000 and 100,000 GEL of income, the rate is 0.05% to 0.2% of the property's market value, set yearly by the municipality.
03
Above 100,000 GEL income
Above 100,000 GEL of income, the rate rises to 0.8% to 1% of market value. It is capped by the municipal cadastral value, typically 60% to 70% of the real price.
04
How to pay
The return is filed on rs.ge before 1 November, payment is due by 15 November. A Georgian accountant handles the yearly filing for 50 to 100 GEL.
05
Home-country impact
Georgian property tax is due locally regardless of your residence country. It is deductible in most European countries thanks to the bilateral tax treaties.
Related topics
Informational content based on the Georgian tax code in force in 2026. Does not replace advice from a qualified tax advisor in your country of residence.