How overseas buyers buy property in Georgia

What to know first

• No percentage transfer tax, just a small fixed registration fee — among the lowest purchase costs of any market on this platform
• No capital gains tax at all after 2 years of ownership (5% if sold within 2 years)
• No restrictions on foreign ownership of residential or commercial property — only agricultural land is reserved for Georgian citizens
• Every listing on this platform is sold on a 0% installment plan direct from the developer — a different cash-flow profile than markets requiring a traditional mortgage

The general process

1. Confirm what foreigners may own in Georgia and in which areas.
2. Set your budget in USD, including taxes, fees and currency costs.
3. Shortlist areas and check the developer or seller.
4. Appoint an independent local lawyer before paying anything substantial.
5. Reserve, sign the contract, and pay through the approved channel.
6. Complete registration, and take tax advice in both countries on any rent or sale.

The exact steps and order differ by country and by project.

Residency through property

Programme

Short-term and investment residence permits by property value — no EU/Schengen access (Georgia is not an EU member)

Threshold

$150,000+ (property value, excluding agricultural land, backed by a certified valuation) for a short-term residence permit; $300,000+ for a 5-year investment residence permit

Taxes and running costs

Transfer tax or fees

No percentage transfer tax: a small fixed registration fee, quoted at about GEL 50–150 depending on source and speed of service, identical for foreign and domestic buyers

Area guides in Georgia