Selling an apartment in Georgia is taxed in Israel at 25% of the real gain
An Israeli resident pays 25% on the real gain from selling an apartment abroad; the inflationary part of the gain is exempt.
What this changes in the calculation
On a sale after 2 years of ownership the Georgian tax is 0 and the Israeli tax is 25% of the real gain; on a sale within 2 years the Georgian 5% is credited and Israel collects the top-up to 25%.
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