Property Tax for Individuals in Georgia

Property Tax for Individuals in Georgia: Who has to pay, how much, and when?

Good morning, everyone. Today we’re going to talk about property tax for individuals in Georgia - a very practical topic, because November is getting closer, and this is exactly the time when people who own property in Georgia should check whether they have to file a property tax declaration and whether they have any tax to pay.

Date Tuesday,
September 22, 2026

Time 11:00 AM
Tbilisi time

Platform Zoom

A practical guide to Georgian property tax - who pays, how much, and when

When we say “property”, we don’t mean only apartments or houses. We may be talking about commercial property, a car, land, a parking space, or another type of taxable property. Today we’re mainly talking about property that you owned during 2025 - because this is the property we are dealing with for the 2026 declaration.

There has been discussion in Georgia about changing the property tax system, and we may still see legislative changes. So what we explain today is the system in force right now. If the rules change before the filing deadline, we will update you.

We will also clear up two very common misunderstandings: first, that non‑citizens don’t have to pay property tax in Georgia (they do, if they own taxable property); and second, that foreign‑source income can be ignored when calculating family income for Georgian property tax (for foreign citizens, it generally cannot).

What we will discuss

Who pays - citizenship and residency

Whether the obligation depends on citizenship or tax residency - and why a foreign citizen owning taxable property in Georgia is generally treated the same as a Georgian citizen.

What property is taxed

Apartments, houses, commercial premises, cars, land, parking spaces - including apartments in buildings that are not yet commissioned.

Ownership period and joint ownership

How tax is calculated if you owned property for only part of the year, and how each co‑owner’s position is analysed separately.

Family income - the key threshold

What counts as family (household) income, who is included, and how the GEL 40,000 threshold determines whether ordinary taxable property is exempt.

Foreign‑source income

Whether income earned outside Georgia must be counted - especially important for foreign citizens who are not Georgian tax residents.

Small Business, Micro Business and fixed tax

How different tax regimes affect the family‑income calculation - including the 25% rule for qualifying Small Business income.

Land and parking spaces

Why land is treated separately, how land tax rates are determined, and how parking spaces may be classified for tax purposes.

Market value and tax rate

How to determine the market value of taxable property, when to involve an independent appraiser, and how the applicable tax rate is chosen.

Filing, deadlines and penalties

How to file the declaration correctly, what happens if you file late or pay late, and what to do if you filed in a previous year.

Practical points we will cover in detail

Two common misunderstandings

Non‑citizens and property tax; foreign income and family income.

Property tax vs income tax

Two different taxes connected to the same property.

Who is considered the owner

Public Registry, preliminary agreements, and uncommissioned buildings.

Partial year and joint ownership

Proportional calculation; separate positions for co‑owners.

Cars and other vehicles

Georgian‑registered cars, temporary import, and foreign vehicles.

Land and parking spaces

Separate land rules; cadastral classification of parking.

Exemptions

Leasing, special territories, high‑mountain settlements, and conditions.

What income do we count

All income unless excluded; gross salary; family members included.

What income is not included

Inheritance, gifts, divorce, sale of residential property after two years, Micro Business, fixed tax.

Non‑resident foreign owners and filing

Why it may be safer to file even if the tax is zero; documented tax position.

Supporting documents and market value

What to keep; independent appraisal; comparable listings; purchase price.

Filing, deadlines and penalties

Revenue Service account; late filing fines; 0.05% daily interest on unpaid tax.

Understated value, missed property, wrong category

Revenue Service powers to recalculate; risks of incorrect declaration.

Tax audits and enforcement

Selective checks; tax liens; assets in Georgia; immigration vs tax enforcement.

If you filed last year - check again

Automatic use of previous information; what may have changed.

Existing tax overpayments

Unified tax account; using credits against property tax.

Practical cases and live Q&A

Our goal is not simply to explain individual rules, but to show how the current property tax system for individuals in Georgia fits together - and to help you avoid the most common mistakes.

Review of the current rules

JUST Advisors experts will organize the current rules into a clear system: who pays, what property is taxed, how family income is calculated, how market value is determined, how the tax rate is applied, and how to file correctly.

Practical cases and Q&A

During the session, our experts will discuss practical situations - foreign owners, small business status, land taxation, mixed‑income families, partial‑year ownership - and answer participants’ questions in real time.

Don’t leave everything until the last week of October.

If you don’t have a tax number, get one. If you can’t access your Revenue Service account, restore access. If you’re outside Georgia and need a representative, arrange the power of attorney in advance. If you need a valuation, order it in advance.