Property and investment in Georgia

Foreigners, including Iranians, can freely buy apartments and non-agricultural land in Georgia; under the Constitution, foreigners cannot buy agricultural land. Buying property offers two residence routes: property residence with property over $150,000 (since 1 March 2026; previously $100,000), and investment residence with $300,000, which leads to indefinite stay after 5 years.

Property or investment residence?

Costs and taxes

• Title registration at NAPR: GEL 150 (4 working days) to GEL 350 (same day)
• Transfer tax: none
• Annual property tax: up to 1% depending on household income and value
• Rental income: 5% (special regime for individuals)
• Capital gains: exempt after 2 years of ownership

Prices (2026)

• Tbilisi: about $1,300 to $1,500 per m² on average; Vake about $2,300 and outer districts about $1,150.
• Batumi: about $1,400 per m², with rental yields of about 7%.

Legal points

• Check title, debts and building permits before paying; with off-plan purchases, the developer's reliability is the main risk.
• Valuations for residence must come from an officially accredited appraiser.
• Money transfers need planning for Iranians because banks are strict. Banking and tax

Frequently asked questions

What is the minimum property value for Georgian residence?

Since 1 March 2026, a market value over $150,000; people who already got residence with $100,000 renew while keeping the property.

Can foreigners buy land in Georgia?

Non-agricultural land and apartments, yes; agricultural land, no.

Does investing in Georgia lead to permanent residence?

With a $300,000 investment that meets the conditions, indefinite stay is possible after 5 years.

Position as of October 2026. Imperial provides official property valuation and transaction registration in Tbilisi.