Property Tax & Rental Income Taxes in Georgia (Country)

Property Tax & Rental Income Taxes in Georgia (Country)

Property Tax & Rental Income Taxes in Georgia (Country)

Companies own up to 1% of the property (In practice, it is almost always 1 percent )

0.6 percent for leasing companies (involved in financial, not operational leasing)

0 to 1 percent for persons (depending on household income, as well as the municipality in which the property in question is located in).

On the ground: varies depending on the type of land (agricultural or non-agricultural) and the municipality.

20% of commercial property is rented.

5% of residential property is rented out (Terms apply)

1% surcharge on certain types of automobiles

"[Y]achts (cutters), helicopters, airplanes, and motor automobiles specified under Code 8703 of the National Commodity Nomenclature of Foreign Economic Activities that he/she owns," according to GTC Article 201(1). (c.a).


Individuals must file a property tax declaration by November 1st and pay their property tax by November 15th of each year.

Individuals who rent out residential property are required to file a personal income tax return by March 31st of the following year.

Property taxes must be filed by the 31st of March of the year after the reporting period. 

Share this post:

Related posts:

Can you use cryptocurrencies to buy real estate in Georgia? Until recently, the possibilities were extremely limited. Most developers didn't want to deal with cryptocurrency, and finding a private seller who would accept cryptocurrency was like looking for a needle...

Batumi's investment atmosphere is appealing for a variety of reasons, including its low cost, safe and pleasant environment, contemporary banking system, and favorable property tax legislation.

Want to Become a Real Estate Agent?

We'll help you to grow your career and growth.
Sign Up Today