Last Updated on February 4, 2026 by Ayan Zaheer
Buying property in Tbilisi as a foreigner is possible and relatively simple, but it is important to be aware of the legal nuances in order to secure the transaction and avoid problems.
Who can buy real estate?
- Foreigners have unrestricted rights to own real estate in Georgia, either in their own name or through a company.
- The status of the land should be checked: some plots are prohibited from foreign ownership (primarily agricultural land); there are no restrictions on residential plots within the city limits.
Stages of purchase
- Selection of the property and verification of ownership rights — supporting documents, absence of encumbrances.
- Signing a preliminary contract (Pre contract) specifying the price, terms, and conditions of purchase.
- Down payment (usually 10%), followed by preparation of the main contract.
- Notarized purchase agreement (Purchase Agreement) and state registration.
- Payment of duties and taxes.
Required documents
- Passport or foreign passport.
- TÜPIN or NIN (tax residence certificate, if registered as a legal entity).
- Owner’s documents, if the transaction is real.
- When purchasing through a legal entity — the company’s founding documents.
Taxes and expenses
- State registration fee: approximately 1% of the property value.
- Capital gains tax may apply in the event of a short-term resale.
- Rental and income tax declaration when renting out the property — up to 20% of income.
Remote management options
- A power of attorney (for a local lawyer or company) allows you to complete the purchase and registration without being present.
- Management companies can handle rentals, utilities, and income collection.
Risks and how to minimize them
- Verify the integrity of the transaction: make sure there are no debts, liens, or disputes.
- Use a licensed lawyer who is experienced in Georgian real estate.
- Take out insurance — for example, title insurance (to protect against unexpected events).
- Avoid off-market transactions without verification.
Buying real estate in Tbilisi is a transparent and profitable process for foreigners. By following legal procedures and seeking professional assistance, you can acquire an asset with a steady income and legal protection.
If you want to know more about 8 Essential Tips for Moving to Tornado-Prone Areas, then visit our Real Estate category.
