Question 1

Can a foreigner buy property in Georgia?

Accepted Answer

Yes. Foreigners can acquire full ownership of residential or commercial property in Georgia without any restrictions. Only agricultural land remains subject to authorization. The process is identical to that for a Georgian citizen and takes an average of 5 to 10 working days.

Question 2

What are the steps for an off-plan purchase?

Accepted Answer

Reservation with a 10% to 30% down payment, signing of the notarized sales contract, payment of installments according to the schedule, reception of keys upon delivery, then registration of the title with the public registry. RUSTAVELI PROPERTIES assists at each step and provides a French translation of the contract.

Question 3

How long does a transaction take?

Accepted Answer

A cash purchase is registered with the public registry within 24 to 48 hours after notarized signing. An off-plan purchase spans the construction period, with the final title delivered upon completion.

Question 4

Do I need to be present in Georgia to buy?

Accepted Answer

No. You can sign via a notarized power of attorney established in your country, apostilled, then translated into Georgian. RUSTAVELI PROPERTIES offers this turnkey service for remote investors.

Question 5

What documents do I need to provide?

Accepted Answer

Valid passport, proof of address, bank account details for transfers, and for a power of attorney: an apostilled notarial deed translated into Georgian. No income proof is required by Georgian authorities.

Question 6

Is the displayed price final?

Accepted Answer

Developer prices are public and aligned with an official grid by floor and exposure. RUSTAVELI PROPERTIES regularly negotiates discounts of 3% to 8% on available inventory or cash payments.

Question 7

How can I verify that a property is free of any encumbrance?

Accepted Answer

The Georgian Public Registry issues an official extract (vypiska) within 24 hours, mentioning owners, mortgages, and easements. RUSTAVELI PROPERTIES systematically obtains this extract before any signing.

Question 8

Are there any hidden costs when buying?

Accepted Answer

No. The only costs are approximately 200 USD for notary fees and 50 to 200 USD for registration with the Public Registry. There are no transfer taxes. The 18% VAT applies to new builds but is always included in the price displayed by the developer, so no additional amount is due from the buyer.

Question 9

Can multiple people buy a property together?

Accepted Answer

Yes. The contract can list several co-owners with personalized shares (joint ownership or tontine). The public registry reflects each share with the buyer's passport.

Question 10

Can I buy property in the name of a foreign company?

Accepted Answer

Yes. A foreign company can own property in Georgia without creating a local entity, simply by presenting an apostilled and translated certificate of incorporation. The applicable tax regime then depends on the agreement between Georgia and the country of the company's headquarters.

Question 11

Can I buy a property in Tbilisi from abroad?

Accepted Answer

Yes, buying in Tbilisi is the same for a foreign resident: reservation, notarized contract, registration with the Public Registry. RUSTAVELI PROPERTIES coordinates the transaction remotely with an apostilled power of attorney.

Question 12

What are the transaction times in Tbilisi?

Accepted Answer

A cash transaction in Tbilisi is registered within 48 hours with the Public Registry. An off-plan purchase follows the developer's schedule until key handover.

Question 13

Can I buy a property in Batumi from abroad?

Accepted Answer

Yes, buying in Batumi is the same for a foreign resident: reservation, notarized contract, registration with the Public Registry. RUSTAVELI PROPERTIES coordinates the transaction remotely with an apostilled power of attorney.

Question 14

What are the transaction times in Batumi?

Accepted Answer

A cash transaction in Batumi is registered within 48 hours with the Public Registry. An off-plan purchase follows the developer's schedule until key handover.

Question 15

Can I buy a property in Gonio from abroad?

Accepted Answer

Yes, buying in Gonio is the same for a foreign resident: reservation, notarized contract, registration with the Public Registry. RUSTAVELI PROPERTIES coordinates the transaction remotely with an apostilled power of attorney.

Question 16

What are the transaction times in Gonio?

Accepted Answer

A cash transaction in Gonio is registered within 48 hours with the Public Registry. An off-plan purchase follows the developer's schedule until key handover.

Question 17

Can I buy property in Gudauri from abroad?

Accepted Answer

Yes, buying in Gudauri is the same for a foreign resident: reservation, notarized contract, registration with the Public Registry. RUSTAVELI PROPERTIES coordinates the transaction remotely with an apostilled power of attorney.

Question 18

What are the transaction times in Gudauri?

Accepted Answer

A cash transaction in Gudauri is registered within 48 hours with the Public Registry. An off-plan purchase follows the developer's schedule until key handover.

Question 19

Can I buy property in Kutaisi from abroad?

Accepted Answer

Yes, buying in Kutaisi is the same for a foreign resident: reservation, notarized contract, registration with the Public Registry. RUSTAVELI PROPERTIES coordinates the transaction remotely with an apostilled power of attorney.

Question 20

What are the transaction times in Kutaisi?

Accepted Answer

A cash transaction in Kutaisi is registered within 48 hours with the Public Registry. An off-plan purchase follows the developer's schedule until key handover.

Question 21

Can I buy a property in Kobuleti from abroad?

Accepted Answer

Yes, purchasing property in Kobuleti from abroad is the same for a foreign resident: reservation, notarized contract, and registration with the Public Registry. RUSTAVELI PROPERTIES coordinates the transaction remotely with an apostilled power of attorney.

Question 22

What are the transaction times in Kobuleti?

Accepted Answer

A cash transaction in Kobuleti is registered with the Public Registry within 48 hours. An off-plan purchase follows the developer's schedule until the keys are handed over.

Question 23

How does the purchase of an off-plan studio work?

Accepted Answer

A studio is purchased with a 20 to 30% down payment, followed by interest-free monthly installments until delivery. RUSTAVELI PROPERTIES selects projects where studios with the best exposures are still available.

Question 24

How does the purchase of an off-plan 1-bedroom apartment work?

Accepted Answer

A 1-bedroom apartment is purchased with a 20 to 30% down payment, followed by interest-free monthly installments until delivery. RUSTAVELI PROPERTIES selects projects where 1-bedroom apartments with the best exposures are still available.

Question 25

How does the purchase of an off-plan 2-bedroom apartment work?

Accepted Answer

A 2-bedroom apartment is purchased with a 20 to 30% down payment, followed by interest-free monthly installments until delivery. RUSTAVELI PROPERTIES selects projects where 2-bedroom apartments with the best exposures are still available.

Question 26

How does the purchase of an off-plan 3-bedroom apartment work?

Accepted Answer

A 3-bedroom apartment is purchased with a 20 to 30% down payment, followed by interest-free monthly installments until delivery. RUSTAVELI PROPERTIES selects projects where 3-bedroom apartments with the best exposures are still available.

Question 27

How does the purchase of an off-plan penthouse work?

Accepted Answer

A penthouse is purchased with a 20 to 30% down payment, followed by interest-free monthly installments until delivery. RUSTAVELI PROPERTIES selects projects where penthouses with the best exposures are still available.

Question 28

How does the purchase of an off-plan duplex work?

Accepted Answer

A duplex is purchased with a 20 to 30% down payment, followed by interest-free monthly installments until delivery. RUSTAVELI PROPERTIES selects projects where duplexes with the best exposures are still available.

Question 29

Can a French investor buy in Georgia?

Accepted Answer

Yes, a French investor benefits from the same regime as any foreigner: full ownership, no restrictions, with a procedure lasting 5 to 10 business days. The tax treaty between Georgia and the country of origin governs the applicable taxation.

Question 30

Can a Belgian investor buy in Georgia?

Accepted Answer

Yes, a Belgian investor benefits from the same regime as any foreigner: full ownership, no restrictions, with a procedure lasting 5 to 10 business days. The tax treaty between Georgia and the country of origin governs the applicable taxation.

Buying process