01
French SCI
A French SCI can buy a Georgian property. The title is registered in the SCI's name, with a sworn translation of the articles. Rental income is still taxed at 5% in Georgia.
SCI
Holding a Georgian property through an SCI: what to know
Indirect holding via a foreign company is possible but rarely optimal in Georgia. A local Georgian company generally offers more tax flexibility.
02
French SCI taxation
The SCI stays transparent or elects corporate tax. Georgian rents are declared in France with a foreign tax credit equal to the Georgian tax paid, per the treaty.
03
Practical limits
Georgian banks sometimes refuse to open an account for a foreign SCI. Remote signing requires an apostilled power of attorney. Add 3 to 6 weeks to the timeline.
04
Alternative: Georgian LLC
A Georgian LLC (SPV) offers the same estate-planning benefits with less local friction. It also eases resale and access to Georgian bank financing.
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.