Property Tax in Georgia: Who Pays, Rates and Deadlines

If you own an apartment or a house in Georgia, you pay property tax only when your family's income for the previous year exceeded 100,000 lari. That threshold has applied since September 30, 2026. Land tax is charged separately, and every landowner pays it regardless of income. Foreigners pay on the same terms as Georgian citizens, while companies follow rules of their own.

Who Pays: The Family Income Threshold

You owe property tax only if your family earned more than 100,000 lari in the previous year. The threshold has been in force since September 30, 2026 and already applies to this year's returns, which cover income for 2025. Below that threshold, you owe no property tax as such, although land tax still has to be paid separately.

Before the change, the tax kicked in at a family income of 40,000 lari, and families earning between 40,000 and 100,000 lari paid 0.05% to 0.2%. That band has been abolished, and about 81,000 taxpayers have been freed from the tax.

Besides real estate, including unfinished construction, an individual pays this tax on yachts and boats, helicopters, airplanes and passenger cars, and on property leased from a nonresident. An owner who carries on economic activity also pays it on the fixed assets on their balance sheet and on property they have leased out to others.

Family income for this threshold always includes the owner's own income plus that of a spouse, minor children and stepchildren. Parents, adult children, siblings, grandparents and grandchildren count as family only if they live with the owner permanently and share a household, and it is the taxpayer who decides which of those relatives count.

One member's salary, another's dividends and a third's business income are added up into a single figure, even when the owner of the property has almost no income of their own.

Rates: 0.8% to 1% of the Property's Value

If your family's income is above 100,000 lari, the rate is 0.8% to 1% of the property's market value at the end of the previous year. The municipal council, the sakrebulo, sets the exact rate within that range, so it can differ from one municipality to another. On an apartment with a market value of 270,000 lari, the tax comes to 2,160 to 2,700 lari a year.

There is no official valuation for this tax, so the owner states the market value in the return. Understating it is risky, because the Revenue Service can review the declared figure and recalculate the tax if it finds the value unrealistically low.

Land Tax: Separate and for Everyone

Land tax is not tied to family income, and every landowner pays it, whether or not they owe property tax. The base rate depends on the type of land, and each municipality multiplies it by its own territorial coefficient.

For example, a 200-square-meter plot in Tskneti, in Tbilisi's Vake district, with a coefficient of 1.0 is taxed at 0.24 lari × 1.0 × 200 square meters, or 48 lari a year.

The top base rate, 100 lari per hectare, applies to arable land and homestead plots within Tbilisi. The base rate depends on the region and the quality of the land, and the municipality then multiplies it by its own coefficient, so two plots of the same size in different districts or cities are taxed very differently.

Foreigners and Nonresidents

Rates and rules are the same for residents and nonresidents, and a foreign property owner gets no special relief. You can file the return and pay the tax remotely, through your personal account at rs.ge or through a power of attorney granted to a local representative or accountant.

Buying real estate in Georgia remains one of the grounds for a residence permit in Georgia if the property is worth at least $150,000 (for purchases made on or after March 1, 2026), but holding a residence permit and being a taxpayer are two different things, and neither follows automatically from the other.

Companies: A Different Base and a Different Rate

Companies pay property tax at a rate of up to 1% of the average annual residual book value of their fixed assets, excluding land, and of the investment property on their balance sheet. The rule applies to Georgian and foreign legal entities alike if they hold taxable property in Georgia. For real estate acquired before 2005, the residual value is multiplied by a coefficient of 1.5 to 3, depending on the date of acquisition.

The legal form makes no difference: an operating company and a branch of a foreign legal entity fall under the same rule. If the company does not exist yet, the first step is to set up an LLC in Georgia, because property can only be registered to an entity that already exists.

Deadlines and How to Pay

An individual files the property tax and land tax return by November 1 and pays the tax by November 15 of the same year. The return can only be filed electronically, through your personal account at rs.ge.

In 2026 both dates fall on a Sunday, so returns are accepted until November 2 and the tax is due by November 16. If your property and your family's income bracket have not changed since last year, you do not need to file again: the Revenue Service calculates the tax from your previous return, and all that remains is to pay on time.

A late return costs 5% of the tax due if the delay is no more than 2 months and 10% if it is longer. Tax that is not paid on time accrues interest of 0.05% a day.

Rules and exact amounts change over time, so check the current figures at rs.ge before the deadline rather than relying on older sources.