Georgia Property Tax Guide 2026

Overview — Property Taxation in Georgia

Property taxation in Georgia is relatively simple compared to many countries. The main tax is an annual self-assessed property tax administered by the Georgia Revenue Service (GRS). There is no stamp duty on property purchases, no transfer tax, and no inheritance tax on property passing to heirs. The property tax is based on the owner's self-declared value of the property, making it distinct from market-value-based systems. The National Agency of Public Registry (NAPR) handles all property registration and title transfers.

Self-Assessed Property Tax — 0.1% to 1%

The annual property tax rate is determined by the location and use of the property:

• 0.1% — agricultural land and rural residential property
• 0.4% — residential property in urban areas (self-assessed value up to GEL 100,000)
• 0.8% — residential property in urban areas (self-assessed value above GEL 100,000)
• 1.0% — commercial and industrial property

The property owner self-declares the value of their property to GRS. There is no requirement to use an independent valuer. The declared value becomes the tax base. If GRS believes the declared value is significantly below market value, it may challenge the declaration and impose a revised value. Property tax is paid annually by November 1. Late payment attracts interest at 0.1% per day.

Property Registration & Transfer Costs

When buying property in Georgia, the transaction costs are relatively low:

• Registration fee — GEL 50–200 depending on property value (fixed fee, not ad valorem)
• Notary fees — typically 0.1–0.5% of property value
• No stamp duty — Georgia abolished stamp duty on property transfers
• No VAT on residential property — VAT at 18% applies only to new commercial property and developer sales

The total transaction cost for buying property in Georgia is typically 1–3% of the purchase price, one of the lowest in the region. Property registration with NAPR can be completed in 1–2 days. The system is fully electronic.

Tax on Property Disposal

As covered in the capital gains guide, gains from the sale of Georgian real estate are subject to income tax at 20% (individuals) or 15% (companies). However, for individuals who have held the property for more than 2 years, the gain is indexed for inflation using the official CPI, which can significantly reduce or eliminate the taxable gain. The principal residence is not specifically exempt, but the inflation adjustment often results in little or no tax for long-term holders. Property located outside Georgia is exempt under the territorial system.

FAQs

Do I pay property tax if I own a house but live abroad?

Yes, property tax is payable annually regardless of the owner's residency. Non-resident owners should register with GRS and file property tax returns. The rates are the same as for residents.

Can I set my self-assessed value to zero?

Technically you can declare any value, but GRS may challenge valuations that are clearly below market value. The declared value should be defensible as a reasonable estimate of the property's worth. Setting it too low risks penalties and reassessment.

Are there property tax exemptions?

Certain properties are exempt including state-owned property, diplomatic missions, religious buildings, and properties used for charitable purposes. There is no primary residence exemption or relief for low-income owners.

Disclaimer

This guide provides general information about Georgian property tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Georgian property lawyer or tax advisor for advice specific to your situation. InvestmentKit does not provide tax advice.