Purchase a Property in Georgia - Ownership and Registration

Foreigners can purchase a property in Georgia following the same regulations available for the local citizens. Our team of Georgian lawyerscan offer advice and assistance in this process.

Quick Facts
Where to search for a property to purchase in Georgia	– real estate agents, – websites, – property auctions, – newspaper/online ads
How can foreigners buy a property in Georgia?	Foreigners can use a power of attorney (POA) to be represented by local specialists, including Georgian lawyers when buying a house in Georgia.
Residence permit required (YES/NO)	No
Obtaining residency by purchasing a property in Georgia	Foreigners can purchase a property in Georgia with a market value above $150,000 (since 1 March 2026) to qualify for a program that allows them to obtain residency.
Necessary documents	– purchase contract, signed by the seller and buyer, – extract issued by the Georgian Public Registry, – notary certificates, – Passport or ID, etc.
Verifying a property in Georgia	– conduct real estate due diligence, – verify if there are any debts or mortgages related to the property, – inquire with the Land Register through a law firm in Georgia to obtain necessary information
Purchase procedure	– perform due diligence to verify if there are any hidden flaws in the property, – verify relevant information on the property and its owner at the Georgian Public Registry, – obtain an official translation of the extract issued by the Georgian Public Registry
Commercial real estate in Georgia	Foreign citizens and companies cannot acquire agricultural land, but they can use it under concession agreements for limited periods. Our attorneys in Georgia can provide guidance through complex procedures related to buying commercial real estate.
Georgian property market characteristics	The property market in Georgia is fast becoming one of Europe's most attractive markets, with some of the lowest real estate prices of any capital city in Europe.
Buying a house in Georgia from developers	There are two main possibilities when buying a house in Georgia from a developer: choosing a property that exists or another one that hasn't been built yet.
Registering with the Ministry of Finance required (YES/NO)	No
Fees and taxes	– commission fee for real estate agency, – Public Registry registration fee, – annual property tax of up to 1%
Property types in Georgia	-residential, – commercial, – agricultural land – It cannot be purchased by foreigners.
Advantages of purchasing a property in Georgia	– properties are cheaper in Georgia compared to most other countries, especially in Europe, – affordable properties, even in city centers, – premium properties can be purchased for a fraction of the cost of similar properties in other countries
Assistance for purchasing a property in Georgia (YES/NO)	Yes, we offer assistance with property registration and legal matters regarding real estate in Georgia.
Contract language	Georgian
White frame apartments in Georgia	A property sold with essential infrastructure (doors, windows, lighting, electricity, water, internet, phone cables, heating), but without any finishing touches or interior decorations.
Black frame apartments	Incomplete apartments, with only doors and windows
Green frame aparments	A complete apartment that needs the last finishing touches
Immovable properties in Georgia	Immovable property refers to land along with its natural resources, and any buildings or structures that are permanently located to the land.
Real estate insurance	You can choose insurance for various parts of your property, including the property's frame, interior, specific rooms or parts, integral design elements, building and residential engineering equipment, household items, etc.
Bank loans for buying property in Georgia	Foreigners can also buy through a bank loan, subject to each bank's own lending policy.
Limit on properties owned (YES/NO)	No
Finished properties vs. off-plan properties	When comparing off-plan properties to finished properties, it is important to differentiate the nature of purchase agreements, the associated risks involved, and the recourse options available to buyers in case the developer fails to meet its obligations.
Timeframe for buying property in Georgia (approx.)	The purchase process can be finalized within a week.
Steps after buying the property	The last step to get the legal ownership of a property in Georgia is to register it with the Land Registry. Our Georgian lawyers can help you in this process.
Mortgages	Commercial banks in Georgia have the autonomy to establish their own policies concerning mortgage loans for foreign citizens.
Rental income	Rental income in Georgia is typically subject to a 20% personal income tax. However, there is an alternative option available for property owners who rent out their properties solely for residential purposes. Contact our attorneys in Georgia for more details regarding this option.
Purchasing a property in Georgia in cryptocurrencies	It is possible to buy properties in Georgia using cryptocurrency, but it is recommended to convert your cryptocurrency into fiat currency through a brokerage company and then make the payment for the property from your bank account.
Buying a property in Georgia in foreign currencies	You cannot buy properties in Georgia in other currencies other than Georgian Lari (GEL).

What does the purchase procedure imply in Georgia?

During the procedure of purchasing a Georgian property, a foreigner should expect to go through a set of typical steps. The conclusion of the sale is done through a purchase contract, that is signed by the seller and the buyer.

The next step is to make the first payment, as agreed in the purchase contract – in this case, the buyer will make the respective payment in the seller’s bank account, this being the most common way to conclude this transaction.

After this procedure is completed, the Public Service Hall, working under the Ministry of Justice in Georgia, will register the change of ownership for the respective property. When purchasing a real estate property from a local developer, the payment will be concluded in the national currency.

It is highly recommended to perform the due diligence procedure on a property prior to purchasing it, in order to verify if there are any hidden flaws and to see if the property itself matches with the information provided in the purchase documents.

Thus, persons who are interested in this matter can easily verify at the Georgian Public Registry relevant information on the property and its owner. Matters such as debts, litigations, mortgages and any crucial information on the owner of the property can be obtained through an extract issued by the institution.

Still, foreigners must know that this document is issued in the Georgian language, but an official translation can be obtained on request. The translated document will then have to be notarized at a public notary in Georgia, a procedure that also imposes the payment of a small fee.

We invite you to see a video presenting how to buy a property in Georgia:

What types of properties can foreigners buy in Georgia?

Foreigners can purchase a property for residential or commercial purposes without any types of restrictions. Investors who want to open a Georgian company are also entitled to buy a property for commercial purposes for a company that carries out its operations in various economic sectors, such as tourism or construction. No special application to a ministry is required for this.

However, purchasing Georgian properties that are included in agricultural land is no longer available for foreigners. Persons who are interested in this matter must know that the definition of “agricultural land”, under the Georgian legislation, covers arable land, pastures, hayfields and homestead land used or usable for agriculture, often located outside towns. Thus, purchasing a property in Georgia that is located in the country side can become an issue, as this type of property is generally considered agricultural land.

How to verify a property to buy in Georgia?

Once a person has found a property, the first step is to check if everything is in order with it. This is called real estate due diligence process through which the buyer can find out if there are any inconsistencies related to the documents or even the building.

While for residential properties this is not one of the procedures a person considers at first, it is quite common when it comes to commercial real estate acquisitions that have high values and imply more extensive verifications.

Here are the most important aspects to verify and that can be found during the real estate verification process:

updated information about previous ownership of the property;
information about property rights of third parties, such as unresolved inheritance matters;
information about debts and mortgages, if any;
other information that can only be found with the Land Register.

Our law firm in Georgia can inquire with the Land Register on your behalf if you have found a property you want to buy. Here are the steps to follow:

What should a foreigner know when purchasing a Georgian property?

A foreigner who wants to open a company in Georgia or to relocate there can benefit from a set of legal rights, that are mostly the same as the ones that are offered to Georgian citizens. With regards to the purchase of a residential property, the purchase procedure implies the same steps that would be followed by locals.

Foreigners are not required to provide additional documents, nor do they have to pay additional taxes.

Some of the highlights of the purchase procedure available here are the following:

the purchase procedure can be completed relatively fast, and this is also the case with the registration of the new ownership;
the purchase procedure does not require the payment of the stamp duty;
the legal system in Georgiaallows a standard registration procedure, which is generally concluded in a period of four days (with the payment of a fee);
however a foreigner can request the express procedure, which can be completed in a single day, through the payment of a higher fee;
foreigners can benefit from full ownership on their properties and this is also available in the case of commercial properties.

Can foreigners buy commercial real estate in Georgia?

Yes, foreign companies interested in expanding operations in Georgia can acquire industrial sites or commercial spaces for their activities.

They can also takeover companies and the premises and other properties these own, which is why the procedure of buying commercial real estate is more complex, takes longer to complete and must be subject to various formalities.

If you are in the process of buying commercial real estatefrom another company, you can rely on our Georgian lawyers for guidance through such complex procedures. Also, if the company is undergoing liquidation, you need to make additional verifications.

What information must foreign investors provide when registering a company in Georgia?

Foreigners are interested in the procedure of opening a company in Georgia will need to provide detailed information on their investments carried out on the respective purchased property.

Our team of attorneys in Georgia can assist with further information on the investment legislation applicable in this country.

They will need to give information on the business activity, the overall value of investments and also on the number of persons who will be employed in the company.

Are you interested in further information on other legal aspects related to the purchase of a property in Georgia in 2026? Contact our team of lawyers!