Is there capital gains tax when I sell an apartment in Georgia?
A capital gain on an apartment sale in Georgia is exempt after more than two years of ownership, and taxed at 5% otherwise. Here is what the Tax Code says, and what to confirm with a tax adviser.
Yes, but only if you sell within two years of buying. Under Georgia's Tax Code, a capital gain realised by an individual on the sale of an apartment (house) together with its attached land is exempt once you have held it for more than two years (Article 82.1.f.a). Sell before that point, and the gain is taxed at 5% (Article 81.3). These figures come from the Tax Code text published by Georgia's Revenue Service; current rules in force should be confirmed with a tax adviser before you plan around them.
Why the two-year mark matters for a Batumi buyer
Most buyers in the Batumi collection hold their unit for longer than two years anyway, whether as a pied-à-terre, a furnished branded residence, or a longer-term holding like Batumi Yachts & Marina. For anyone considering an earlier resale, for example after a delivered project like Mziuri Gardens, the two-year threshold is the single fact that decides whether 5% applies at all. Georgia publishes no exemption based on reinvestment or on your reason for selling; the test in the Tax Code is the holding period.
How this compares with Dubai
Dubai applies no capital gains tax on a property sale for individuals, a structural difference from Georgia's regime. Our guide on capital gains tax when you sell Dubai property and our guide on whether there is property tax in Dubai set out that side in full. Neither guide argues one market is better; they describe two different tax codes, so you plan with accurate figures for each.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
What this does not cover
Local property tax in Georgia, based on household income, is a separate matter entirely (Articles 202 and 206), and continues to apply while you hold the property, independent of any future capital gain. Taxation in your own country of residence on this same gain is also separate: Georgia's Tax Code does not state how your home country treats a foreign property sale, and a double taxation treaty, where one exists, can change the outcome. Confirm both points with a tax adviser before you sell.
Moving forward with Orven
Send your questions on WhatsApp at +971 52 776 1939 or to sales@orvenproperties.com. An adviser helps you plan a sale timeline against the published rules, and connects you with a tax adviser for your specific situation.
FAQ
How long must I hold an apartment in Batumi to avoid this tax? More than two years of ownership, under Article 82.1.f.a of Georgia's Tax Code. Confirm the exact calculation of this period for your purchase date with a tax adviser.
What rate applies if I sell within two years? 5%, under Article 81.3. This applies to the gain, not the full sale price.
Does this exemption apply to land as well as the apartment? The exemption covers the apartment (house) together with its attached land, under the published text; confirm how this applies to your specific unit with a tax adviser.
Do I also owe capital gains tax in my home country? That depends entirely on your country of residence and any applicable tax treaty; this guide states no rule for any country besides Georgia.
How do I start? Message us on WhatsApp with your question; an adviser helps you plan and connects you with a tax adviser.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
How long must I hold an apartment in Batumi to avoid this tax?
More than two years of ownership, under Article 82.1.f.a of Georgia's Tax Code. Confirm the exact calculation of this period for your purchase date with a tax adviser.
What rate applies if I sell within two years?
5%, under Article 81.3. This applies to the gain, not the full sale price.
Does this exemption apply to land as well as the apartment?
The exemption covers the apartment (house) together with its attached land, under the published text; confirm how this applies to your specific unit with a tax adviser.
Do I also owe capital gains tax in my home country?
That depends entirely on your country of residence and any applicable tax treaty; this guide states no rule for any country besides Georgia.
How do I start?
Message us on WhatsApp with your question; an adviser helps you plan and connects you with a tax adviser.
Continue reading
Quick answers
Source of funds and KYC for a Russian buyer purchasing in Dubai
A Russian resident buying property in Dubai should expect developer and bank checks on the source of funds. What documents are typically requested, why a file can be declined, and why there is no shortcut around it.
Read the guide →
Quick answers
Source-of-Funds Documents for an Israeli Buyer in Dubai and Batumi
Both markets ask an international buyer to document where their money comes from. What to gather, and why developers and banks in both Dubai and Batumi run the same checks.
Read the guide →
Quick answers
Can an Israeli Buy an Apartment in Georgia?
Yes, with the same rule that applies to any foreign buyer. Apartments are open to foreign ownership; agricultural land is reserved. A local lawyer checks the title before you sign.
Read the guide →
Quick answers
Rental Income Tax on a Batumi Apartment for an Israeli Owner
Georgia taxes residential rental income from an individual at 5% of gross receipts, with no deductions, under article 81 of the tax code. The Israeli side of your tax position is confirmed with your own adviser.
Read the guide →INVESTOR GUIDES