Real Estate in Tbilisi for Foreigners: Rights, Restrictions, and Opportunities
Georgia is one of the most open and investor-friendly countries in the region. There is no bureaucracy, property deals are completed quickly, and ownership rights are well protected by law.
That’s why Tbilisi has become one of the top real-estate investment destinations in Eastern Europe and the Caucasus.
1. Can Foreigners Buy Property in Tbilisi?
Yes ✅
Any foreign citizen can freely buy an apartment, a private house, or commercial property in Tbilisi and across Georgia.
You don’t need a residence permit or a local company — a valid passport is enough.
💡 Exception: foreigners cannot buy agricultural land unless they hold Georgian residency or purchase through a registered Georgian company.
2. What Types of Property Can Foreigners Buy
Foreigners are allowed to purchase:
- apartments in new developments or the secondary market;
- private houses and townhouses;
- commercial real estate (offices, shops, hotels);
- land for construction purposes.
Many investors choose to buy property at the construction stage — prices are often 20–30% lower than after completion.
3. How the Property Purchase Process Works for Foreigners
The buying process is the same for foreigners and Georgian citizens.
Main steps:
- Selecting a property and verifying legal ownership.
- Preparing your passport and notarized Georgian translation.
- Signing the purchase agreement at the House of Justice.
- Registering ownership at the National Agency of Public Registry (NAPR).
🕓 The entire process takes 1–3 days, and ownership is registered directly in the buyer’s name.
4. Taxes and Fees
- Property purchase tax: none.
- Registration fee:
- 50 GEL — within 4 business days;
- 150 GEL — within 1 day.
- Rental income tax: 10% for non-residents.
- Capital gains tax: 0% if the property has been owned for more than 2 years.
💡 Georgia has double-taxation treaties with over 50 countries, so you won’t pay taxes twice.
5. Advantages for Foreign Investors
- Simple registration system — no intermediaries or complicated procedures.
- Low taxes and transparent legislation.
- Growing market: property prices in Tbilisi rise by 8–12% annually.
- High rental yields: 7–10% per year.
- Residence permit eligibility: for purchases worth $100,000 or more.
6. How to Obtain a Georgian Residence Permit Through Property
If the property’s value exceeds $100,000, the buyer is eligible to apply for a residence permit (RP) in Georgia.
Process:
- Register ownership in the public registry;
- Submit the application at the House of Justice;
- Receive a residence card within 10–30 days.
The RP allows you to live, work, open a business, and open bank accounts in Georgia.
7. Tips for Foreign Buyers
- Always verify the developer and property documents.
- Work with a licensed local agency like Tbilisi Property.
- For large transactions, use a bank transfer or escrow account.
- Focus on districts with growth potential: Saburtalo, Didi Digomi, Avlabari.
Conclusion
Buying real estate in Tbilisi as a foreigner is straightforward, fast, and secure.
With minimal restrictions, transparent laws, and a growing market, Georgia remains one of the best countries for property investment.
Why Choose Tbilisi Property
Tbilisi Property specializes in helping international clients:
- find reliable investment properties;
- conduct full legal due diligence;
- manage all documentation and registration;
- assist with residence permit applications and rental management.
With us, you can invest confidently in Tbilisi — safely, profitably, and with full support at every step.
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Buying and renting real estate with Tbilisi Property is easy
- We will find the best option for your requirements;
- We'll tell you about discounts from the developer;
- We will select a mortgage program for any conditions
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