5 guides on tax: prices, payment plans, buying steps and the questions investors ask us.
Quick answers
Georgia taxes rental income earned by an individual at 5% of the gross amount, with no deduction for expenses. What that means for an owner based in Russia, with the home-country tax treatment confirmed separately.
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Georgia taxes a capital gain on an apartment sale at 5%, exempt after more than two years of ownership. What that means for an Israeli buyer planning an eventual resale, with the Israeli side confirmed separately.
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On the UAE side, individuals do not pay income tax on rental income or capital gains. What this means for a Singapore tax resident's own position is a separate question for a tax adviser.
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On the UAE side, individuals do not pay income tax on rental income or capital gains. What this means for a Hong Kong resident's own tax position is a separate question for a tax adviser.
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A direct answer for an investor abroad: Dubai property can be a sound investment for the right buyer, but only for specific reasons, with specific risks, and after specific checks that an adviser should make before you pay anything.
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