According to the National Bank of Georgia’s table of effective rates, a 12 month euro deposit at Credo Bank now earns 1.65% (previously 0.95%), and at Liberty Bank 1.60% (previously 1.50%). Other banks’ euro rates are unchanged; the best is still ProCredit at 1.95%.
A euro deposit at Credo in Georgia pays 0.7 points more a year.
Order No. 131/04 of the NBG President (since July 1, 2026) requires loans up to GEL 1,000,000 to be issued in lari, but under Article 1(3)(b) the rule does not apply when the borrower is not a citizen of Georgia; other exceptions: foreign currency income from the country of that currency, cash collateral. Current NBG limits: LTV 90% in lari, 70% in foreign currency; payment to income 25% (lari) and 20% (foreign currency) for income below GEL 1,500, 50% and 30% above.
A foreigner can take a mortgage in dollars; own funds of at least 30% (foreign currency) under the NBG LTV.
Under Article 82(1)(ტ) of the Tax Code, interest on debt securities of the state, the NBG and international financial institutions is exempt, and under Article 82(1)(უ) so is income from their sale. Law 1061 (in force since January 1, 2026) exempts interest on bonds that a Georgian company issued through a public offering before January 1, 2028 and that are admitted to trading on a market recognised by the NBG; the deadline refers to the issue date. Other interest paid to individuals is taxed at source at 5% (Article 131(1)).
Government bonds 0%; corporate bonds: 0% for listed Georgian issues, 5% for others.
A Georgian resident is exempt from tax on income from non-Georgian sources, so no foreign tax credit is needed. A resident is someone who spends 183 days or more in Georgia in any 12 consecutive months.
For a Georgian resident with an apartment abroad the tax in Georgia is 0; only the country where the property is located taxes it.
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.
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.
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.
A mortgage on an apartment under GEL 1 million is calculated in lari, at lari rates.
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.
Short-let in Georgia is taxed at a fixed amount; we are confirming the amount.
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.
Purchase costs without an agent or notary are under 0.1% of the price.
Law No. 1904 of October 28, 2026 (published on October 30, 2026, in force on publication) introduced a 20% rate on winnings in international tournaments and an exemption for foreigners when the prize fund exceeds GEL 3,000,000. The consolidated version of October 15, 2026 reflects Law No. 1888 (extension of the VAT exemption on supplies of real estate until January 1, 2033).
Nothing; rates on rent, sale and property are unchanged.
In the KPMG Tax Briefing Book (January 2024), interest paid to a resident is taxed at source at 5% with no exemption, as in Deloitte 2024 and Andersen 2026. The 5% withholding rate was introduced by Law No. 118-Iს of December 20, 2012 (art. 131(1)).
Nothing; the deposit rate stays at 5%.
Under Article 15 of the Law on the Legal Status of Aliens, an investment residence permit is granted for an investment of USD 300,000 or more (with an audit report) or for non-agricultural property worth more than USD 300,000; a turnover of USD 50,000 is required in the first year, USD 100,000 in the second and USD 120,000 in the third and later years. A short-term residence permit for property starts from USD 150,000 (Law 865, since March 1, 2026). Law 1803 (since September 1, 2026): when the permit is renewed, an owner who still holds the property does not need a new valuation, and renewals of temporary permits are limited to 12 years. The fee is GEL 300, 450 or 600 depending on the term; a property owner can get a permanent permit after 5 years.
The yield does not change.
Bringing in or taking out cash and cheques worth more than GEL 30,000 must be declared; there is no limit on taking money out.
Nothing.
Amendments to the Law on Tourism (Law 1630, since June 1, 2026) introduced mandatory registration in the National Tourism Administration database only for guides, tour operators and travel agents; according to the explanatory note, the law introduces no taxes or fees. There is no act or bill on a tourist tax. The fixed tax regime for short letting one’s own home applies until January 1, 2028 (turnover up to GEL 100,000 in 12 months, no VAT, on application).
Nothing; there is no charge on guests.
An individual’s income from letting a home for living is taxed at 5% with no deductions. On a home sale, 5% is charged on the difference between the sale and purchase price; after 2 years of ownership the sale is exempt if the home was not used in a business. Dividends are taxed at 5% at source; since January 1, 2026 dividends of non-financial companies paid out of profits received from financial institutions are exempt (Law 1061).
Nothing; the 5% on a sale is calculated on the gain.
A bill amending Articles 141 and 144 of the Spatial Planning Code extends the temporary procedure for review of documentation and technical supervision. It does not concern taxes or rent.
Nothing.
On October 21, 2026 the National Bank's committee kept the refinancing rate at 8.25%.
Lari mortgage and deposit rates are unchanged.
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).
No change to the calculator: 18% VAT is not built into new-build prices.
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.
Yield does not change; residence requires an apartment worth more than USD 150,000.