National Bank of Georgia keeps its rate at 8.25%
On October 21, 2026 the National Bank's committee kept the refinancing rate at 8.25%.
What this changes in the calculation
Lari mortgage and deposit rates are unchanged.
What changed
VAT exemption on property sales extended to 2033
Law No. 1888 was adopted on October 15, 2026 and took effect on October 16, 2026. Supplies of real estate and related construction works are exempt from VAT until January 1, 2033 (Tax Code, art. 309, para. 79).
What this changes in the calculation
No change to the calculator: 18% VAT is not built into new-build prices.
Property tax exemption threshold raised to GEL 100,000
Law No. 1874 was published on September 30, 2026 and took effect the same day. Property of a family whose income for the previous year is GEL 100,000 or less is exempt; the intermediate rate for incomes of GEL 40,000 to 100,000 was abolished. Above the threshold the rate is 0.8% to 1% of market value, set by the municipality. Returns are due by November 2, 2026 and payment by November 16, 2026.
What this changes in the calculation
If family income is up to GEL 100,000, property tax is 0. If it is higher or not stated, the calculation uses 0.8% a year.
Loans up to GEL 1 million are issued only in lari
From July 1, 2026 the threshold for mandatory lari lending to individuals rose to GEL 1,000,000. A foreign currency loan is possible if the borrower earns in that currency.
What this changes in the calculation
A mortgage on an apartment under GEL 1 million is calculated in lari, at lari rates.
Georgian residence through property: USD 150,000 threshold
The D5 immigration visa is granted to owners of non-agricultural property with a market value above USD 150,000 (Law on the Legal Status of Aliens, art. 7(3)). The threshold rose from USD 100,000 on March 1, 2026.
What this changes in the calculation
Yield does not change; residence requires an apartment worth more than USD 150,000.
Fixed tax regime for short-let of your own home extended to 2028
Law No. 1061 extended to January 1, 2028 the fixed income tax for individuals letting their own home short term (Tax Code, art. 309(24)). Conditions: an application, no voluntary VAT registration, turnover of no more than GEL 100,000 in any 12 months.
What this changes in the calculation
Short-let in Georgia is taxed at a fixed amount; we are confirming the amount.
Registering title to an apartment in Georgia costs from GEL 150, with no purchase tax
The Public Registry fee for registering ownership is GEL 150 for 4 working days, GEL 270 for 1 day and GEL 350 for same-day service. Georgia has no transfer tax or stamp duty. Foreigners buy housing freely; the restriction applies to agricultural land.
What this changes in the calculation
Purchase costs without an agent or notary are under 0.1% of the price.