Georgia Property Market for Overseas Buyers

Yes. Foreigners buy apartments, houses and commercial property on the same terms as Georgian citizens, with no permit, no residency requirement and no minimum investment. The one exception is agricultural land, which a foreigner can lease but not own. Registration at the Public Registry is quick, often within days.

There is no transfer tax or stamp duty on a purchase, only a small registry fee. Rent is taxed at a flat 5%, or 1% of turnover if you register as a micro business. Selling after holding for two years or more is free of capital gains tax; selling sooner is taxed at 20%.

Off-plan in Tbilisi and Batumi is cheaper, and developers often take 30% to 50% up front with the rest in instalments over 12 to 24 months. Delays are common and build quality varies, so check the developer's record. A finished apartment can be let at once, and is the safer choice for an overseas buyer who cannot visit often.

Yes, from banks such as TBC and Bank of Georgia, but non-residents face stricter paperwork and lower loan-to-value. Dollar loans cost roughly 6% to 9% and lari loans 8% to 12%. Because Tbilisi flats start around $40,000 to $150,000, most overseas buyers pay in cash or through developer instalments.

Demand comes from tourism, remote workers and regional buyers. Gross rents run about 5% to 7% long-term in Tbilisi and higher for short lets, though Batumi is highly seasonal. Prices in the best Tbilisi districts have risen strongly, but the lari is volatile and the political outlook is uncertain. Capital at risk.

Not automatically, but it can support a permit. Citizens of 95 or more countries can stay visa-free for a year. Property worth at least $150,000 by appraised value, a threshold raised from $100,000 on 1 March 2026, qualifies for a renewable one-year residence permit. A larger $300,000 investment leads to a five-year permit.