What taxes do foreigners pay in Georgia

What taxes do foreigners pay in Georgia?

The big picture

Georgia's tax framework is often seen as straightforward and investor-friendly. Tax obligations depend on tax residency rather than citizenship: residents are typically taxed on worldwide income, while non-residents normally pay tax only on income sourced in Georgia.

Residency and why it matters

If you plan to stay long-term, your tax residency status can change how you're taxed. Before buying property in Batumi, check whether becoming a tax resident will affect your overall obligations and opportunities for tax planning.

Income from work and self-employment

Income earned from employment in Georgia or from local business activities falls under local tax rules. Freelancers and business owners should register appropriately and maintain accounting records. Practical advice: consult a local accountant before starting work.

Rental income

Income from renting out property in Batumi is taxable. Correct lease documentation, proper accounting of expenses, and timely reporting help reduce disputes and ensure accurate tax calculation. Keep invoices and receipts for maintenance and management costs.

Selling property

Selling real estate may trigger tax consequences. There can be exemptions or reduced obligations in certain cases, such as long-term ownership or primary residence usage. Discuss your situation with a tax advisor before closing the deal.

VAT and local charges

Some transactions are subject to VAT or local municipal fees. When buying new units from developers, verify whether tax is included in the price and whether any additional charges are due at registration or transfer.

Practical steps for buyers and investors

1. Determine your tax residency status.
2. Obtain a tax identification number and register if required.
3. Keep thorough documentation of transactions and expenses.
4. Hire an accountant familiar with non-resident clients.
5. Ask the seller or developer for a clear breakdown of taxes and fees.

Where to get help

For buyers in Batumi, compare options and look for local specialists who work with foreign investors. See related content on our site for background and guidance: /what-taxes-foreigners-pay-georgia and /kakie-nalogi-platyat-inostrancy-v-gruzii. Start by collecting documents and talking to a trusted advisor — a small step that prevents surprises later.

BuyHome guides international clients through property purchases and connects them with accountants and lawyers experienced in Georgian tax and real estate practice.