The Best Real Estate Lawyers in Tbilisi

Due diligence on one property costs 300 GEL plus 18% VAT at ExpatHub.GE and USD 300 at Tbilisi Law, whose fee includes contract review. Consultations cost USD 50 an hour at Tbilisi Law, and legal work at ExpatHub.GE costs 300 GEL an hour plus VAT. ExpatHub.GE charges 2.5% of the property price plus VAT for its full purchase package, with 7,500 GEL as the lowest fee. The state registration fee of 150 to 350 GEL is paid on top.

Yes. Flats, houses, commercial property and non-agricultural land carry no ownership restriction for foreign citizens. Agricultural land is different. Under the Organic Law on Agricultural Land Ownership, a foreign citizen can own it only by inheritance, and a Georgian company with a foreign dominant partner can own it only under an investment plan approved by the Government of Georgia.

Yes, through a power of attorney. ExpatHub.GE completes remote purchases with a power of attorney and an apostilled passport, and charges 600 GEL plus VAT for a power of attorney drawn up abroad, including translation and the notary fee. Archil Mchedlidze's Law Practice also prepares powers of attorney alongside purchase agreements and Public Registry filings.

The National Agency of Public Registry (NAPR) registers a change of ownership in 4 working days for 150 GEL, in 1 working day for 270 GEL, or on the day of filing for 350 GEL. Under the Civil Code, the buyer acquires the property once the deal is in writing and their ownership is registered. Parties who sign at the registration office in front of an authorised person need no separate authentication of their signatures.

Yes, if the property is worth more than USD 150,000. That qualifies the owner for a short-term residence permit, and the owner's spouse and children can apply as well. The market value has to come from a certified assessor at a body accredited by the Unified National Body of Accreditation, and agricultural land does not count. Property worth more than USD 300,000 qualifies for the investment residence permit.

An individual renting out a home as a residence pays 5% income tax on the rent, with no deductions. For families with income up to 100,000 GEL, annual property tax is set between 0.05% and 0.2% of the property's market value, rising to between 0.8% and 1% at 100,000 GEL or more, and property other than land is exempt when the family earned no more than 40,000 GEL the year before. Owners file the return by 1 November and pay by 15 November.