What tax does a foreign non-resident pay when selling an apartment in Tbilisi, and where can they make a real-estate power of attorney?
Based on 2 discussions with 3 participants · Last activity: 11 days ago
TL;DR
In Georgia, individuals usually pay no tax on apartment sale income if they owned the property for more than 2 years; if less, a 5% tax on the gain often applies. A real-estate power of attorney in Tbilisi is typically done through a notary or the Public Service Hall/Justice House, where Russian-speaking assistance can often be arranged.
What the community said
For apartment sales in Tbilisi, the key threshold is 2 years of ownership. If you owned the property for more than 2 years, sale income is usually exempt from personal income tax; if less, the common rule is 5% tax on the gain rather than on the full sale price.
11 days ago 2 years; 5%
If you need a real-estate power of attorney, the most practical option in Tbilisi is a notary or the Public Service Hall. Many people handle property documents through the Public Service Hall / House of Justice in central Tbilisi, where you can ask about Russian-speaking staff or bring a translator.
11 days ago Public Service Hall / House of Justice, Tbilisi
Annual property tax in Georgia is not a flat charge for every owner: for individuals, it is tied to annual family income. In practice, people often use a threshold of around 40,000 GEL in annual household income; above that level, the tax is typically about 0.05%–1% of the property value, depending on the assessment basis and category.
11 days ago 40,000 GEL; 0.05%–1%
For a non-resident or foreign citizen, the main factors are usually not citizenship or local registration, but the ownership period and proof of gain on the transaction. To avoid tax mistakes, sellers usually prepare the purchase contract, sale contract, evidence of expenses, and, if needed, check with an accountant or tax specialist before registering the deal.
11 days ago