Rules for Buying Property in Georgia for Foreigners in 2025

Georgia has firmly secured its place among the most popular countries for foreigners to buy real estate. People come here for the mild climate, the sea, the mountains, delicious food, and a welcoming atmosphere. But there is another key reason — clear, transparent, and favorable laws that make buying property in Georgia accessible and safe for foreigners.

If you are planning to purchase residential or commercial property in Georgia, it is important to understand the legal framework, the specifics of the process, and what to pay attention to. This article will explain how it all works.

Can foreigners buy property in Georgia?

Yes, without any restrictions. Georgian legislation allows foreign citizens to purchase:

• residential real estate (apartments, houses, flats),
• commercial real estate (offices, hotels, retail spaces).

The only exception: foreigners cannot acquire agricultural land. In all other respects, foreign citizens have the same rights as Georgians.

How does the property purchase process work?

The procedure is as simple as possible: most transactions are completed within 1–2 business days. Here’s how it works in practice:

1) Preliminary Agreement

At this stage, the parties fix the terms of price, timing, and payment method.

2) Payment

Different methods can be used:

• bank transfer,
• cash,
• cryptocurrency,
• interest-free installment plans from the developer,
• mortgage.

3) Registration in the Public Registry

Ownership is registered with the National Agency of Public Registry within 1–4 days.

Registration costs:

• for new builds — from 308 GEL (≈ $113),
• for secondary housing — from 157 GEL (≈ $58).

Important: if one of the parties does not speak Georgian, a certified translator and a notary must be present.

What about taxes when buying property in Georgia?

Georgia offers favorable tax conditions, especially compared to many European and Asian countries:

• Purchase tax — none.
• Rental tax — 5% on income from residential properties, 20% for commercial ones.
• Capital gains tax — 20% if you sell within 2 years; no tax applies after 2 years.
• Property tax — depends on the value of the property and the owner’s income.

Additional expenses include:

• state registration fees,
• notary services (if required),
• translation of documents.

What rights do foreign buyers have?

Foreigners in Georgia enjoy the full set of property rights equal to those of local citizens.

1. Full Ownership

You can use your property as you wish: live in it, rent it out, sell it, gift it, bequeath it, or use it for business.

2. Freedom of Inheritance

Property can be legally inherited regardless of the heirs’ citizenship. The main requirement is to draft a will. If there is no will, standard inheritance law applies.

3. No Residence Permit Required

You don’t need a residence permit to buy property. However, if you want to live in Georgia permanently, you can obtain a Residence Permit based on property ownership with an investment of $100,000 or more.

What should you know before buying?

Purchasing property in any country involves risks, especially if you are not familiar with the local market. Here’s what to keep in mind:

1. Property Due Diligence

Before signing, check:

• any encumbrances (arrests, debts, liens),
• absence of ongoing legal disputes,
• ownership documents,
• property history in the public registry.

2. Work with Trusted Agencies

Choose only professional realtors and lawyers. Pay attention to:

• client reviews,
• licenses,
• experience working with foreigners.

3. Document Accuracy

• Translate all contracts and certificates into your language.
• Ensure all signatures and seals are notarized.
• Never sign anything you don’t fully understand.

Why is Georgian real estate becoming so popular?

• Growing tourist inflow — especially in Batumi and Tbilisi.
• Development of infrastructure and new residential complexes.
• Stable economic situation.
• Rising interest from foreign investors.

All these factors make property in Georgia not just a place to live, but also a tool for stable income and capital growth.

Should foreigners buy property in Georgia?

Buying real estate in Georgia is a simple and transparent process, even if it’s your first overseas investment. The country’s laws are foreigner-friendly, taxes are minimal, and transactions are quick and reliable.

You can own, rent out, sell, or inherit property.

To avoid wasting time on legal details, minimize risks, and ensure the property is legally clear, it’s best to entrust the process to professionals.

Want to find a property without risks and unnecessary hassle?

Leave a request, and our specialists will contact you, suggest suitable options, check all documents, and guide you through the process until you obtain ownership rights. You don’t need to worry about the laws — we’ll handle everything for you.