# AVI Estates (avi.ge) > AVI Estates (Georgian: ავი ესთეითსი) helps foreigners buy, register, rent out and manage property in Georgia. avi.ge is a knowledge hub in five languages (English, Georgian, Russian, Hebrew, Arabic): guides, residency rules, market data, tools and services. Every number on the site has a named source and a check date; prices and yields are labelled estimates. Languages and home pages: - English: https://avi.ge/ - ქართული: https://avi.ge/ka/ - Русский: https://avi.ge/ru/ - עברית: https://avi.ge/he/ - العربية: https://avi.ge/ar/ ## Sections (hubs) Each section exists in all five languages at the same path after the language prefix (e.g. https://avi.ge/ru/residency/). - Buying & law: https://avi.ge/guides/ - how a foreigner buys property in Georgia, contracts, Public Registry, power of attorney, costs, scams - Residency: https://avi.ge/residency/ - residence permit by property, investment permit, documents, family, renewal - Complete guide, buying property in Georgia as a foreigner: https://avi.ge/guides/buy-property-in-georgia/ - Constitution Art. 19(4) (agricultural land reserved for citizens), Civil Code Art. 183 (ownership passes on registration of a written transaction), Law on the Public Registry (public data, presumption of authenticity), registry fees GEL 150/270/350, no transfer tax, notary optional for the sale, NAPR Smart Contract only for Georgian citizens, contracts, safe payment, costs, taxes after buying; 17 sources; under lawyer review - Guide, purchase timeline week by week: https://avi.ge/guides/property-buying-process-georgia-timeline/ - only registration has an official clock (GEL 150 / 270 / 350 for 4 working days / 1 day / same day); what to prepare before viewing (funds and source-of-funds documents, passport, lawyer, power of attorney); illustrative four-week resale plan; off-plan stages to commissioning (Spatial Planning Code Art. 139.1) and unit registration; extra steps for remote buyers; common delays; under lawyer review - Guide, buying remotely: https://avi.ge/guides/buy-property-in-georgia-remotely/ - representation under Civil Code Art. 103-114 (form, notifying revocation, termination, no self-dealing); power of attorney content checklist; apostille or consular legalisation and certified translation; Georgian notary public deed for deals under a foreign power of attorney (per Revera Legal, lawyer to confirm the instruction); online notarial POA only for Georgian citizens or persons known to the notary; bank-to-bank payment; Smart Contract only for Georgian citizens; under lawyer review - Guide, choosing a real estate agent: https://avi.ge/guides/real-estate-agent-georgia-foreigners/ - no licensing for agents in Georgia and no AML rules for them (MONEYVAL 2024); commission customarily paid by the seller; Civil Code Arts. 744-748: fee only if the contract is concluded, no advance for brokerage, expenses only if agreed, exclusive mandate in writing with damages capped at 2% of the price, exclusive mandate can be ended after six months, no fee if the broker owns the property or has an undisclosed link to the seller; agency contract checklist; red flags - Guide, three-day viewing trip: https://avi.ge/guides/property-viewing-trip-georgia/ - prepare a shortlist and check registry extracts before flying; plans for Tbilisi, Batumi or both; Tbilisi-Batumi train about 4 hours (Aug 2026), Georgian Airways flight 45 minutes, four a week, 09:00 from Tbilisi and 19:30 from Batumi, GEL 295 one way at launch (Jun 2026); eight to twelve viewings in three days; sample day; plans for residence permit, letting or own home - Checklist, video viewing: https://avi.ge/guides/virtual-property-viewing-checklist/ - read the extract by cadastral code first; live call in daylight; film street, entrance, lift, unit number, one continuous walk-through, corners, windows, taps, heating, meters, panel, speed test; ten questions (owner, occupants, debts, leaks, utilities, association, inclusions, changes vs registered plan, new-build status, completion); red flags; documents to request; second call at another time - Guide, negotiating the price: https://avi.ge/guides/negotiate-apartment-price-georgia/ - leverage signals: Tbilisi new-build prices +4.0% in 2025 (2024: +11.6%), resale $1,316 per m2 +7.9% (Galt & Taggart); about 87,000 flats under construction in Tbilisi (Colliers); Batumi about 12,400 unsold units, +14% (Galt & Taggart); compare price per m2, trade terms (costs, furniture, dates, payment method, floor), prices in ads in GEL for entrepreneurs since July 2017, fix currency and rate in writing; earnest money kept if the buyer withdraws, returned double if the seller does (Civil Code 421-423) - Data, Public Registry fees and times: https://avi.ge/guides/public-registry-fees-georgia/ - registration of a right GEL 150 (4 working days) / 270 (1 day) / 350 (same day), regardless of price; preliminary ownership right on an off-plan flat charged the same (free only in occupied territories); extract GEL 20/75 at the agency, GEL 13/52 online; cadastral plan GEL 7/26; mortgage certificate GEL 75; technical error correction free; suspension cure 30 calendar days (3 working days for an unpaid fee); priority from filing time (Art. 13(4)); checked 13 Oct 2026 - Guide, developer instalment plans: https://avi.ge/guides/installment-plan-apartment-georgia/ - typically 2-3 years, down payments from 0% (Batumi examples 10-30%, 24-60 months), mostly in dollars, advertised interest-free; not regulated like bank loans: no PTI limit, no effective-rate disclosure, maybe no credit-bureau record (former NBG Vice Governor Nadaraia, Oct 2026); no shared-construction law, delay penalty only by contract; protective clauses; ask for the cash price (example: implied cost about 12% a year) - Guide, mortgage for foreigners: https://avi.ge/guides/mortgage-for-foreigners-georgia/ - banks lend to non-residents (about 220 FX and 55 lari mortgages to non-residents in Dec 2025); NBG limits: LTV 90% lari (temporary, Feb 2025), 80% for income from abroad, 70% FX (2019 rules), PTI 25% below GEL 1,500 net (threshold GEL 2,000 from 1 Feb 2027, GEL 2,500 from 1 Sep 2027), loans up to GEL 1,000,000 only in lari since 1 Jul 2026 (NBG Order 131/04), except for borrowers who are not Georgian citizens or whose income is in the loan currency from its home country; non-residents usually 30-40% down; average new mortgage rates Jul 2026 lari 11.4%, FX 7.7%; documents and steps; mortgage registration GEL 150/270/350 - Explainer, joint ownership: https://avi.ge/guides/joint-ownership-property-georgia/ - Civil Code co-ownership: equal shares unless stated (954), majority by shares (957), costs and income by share (955, 960), each may sell own share with a pre-emptive right for the others (959, 173), any owner may demand an end to co-ownership at any time, cannot be waived for good (961), indivisible flat sold and proceeds split (963-964); spouses: property acquired in marriage is joint unless a marriage contract (1158), separate property (1161), equal division (1168), 3-year limit after divorce (1171); gifts/inheritance between close relatives exempt (Tax Code 82); co-ownership agreement checklist; under lawyer review - Comparison, buying through a company: https://avi.ge/guides/buy-property-through-company-georgia/ - individual: 5% on residential rent, sale after 2 years exempt; company: 15% profit tax on distribution (Estonian model since 2017), 5% dividend withholding, 1% property tax on residual value, accounting costs; company-owned flat does not support a residence permit; illustrative year: $9,000 rent leaves about $8,550 personally vs about $4,600 via a company; company fits portfolios, commercial property and reinvested income; under lawyer/accountant review - Explainer, land for foreigners: https://avi.ge/guides/buy-land-in-georgia-foreigner/ - foreigners may buy non-agricultural land on equal terms but not agricultural land (Constitution Art. 19(4)); agricultural land includes pasture, hayfield, arable, perennial crops AND homestead land around many houses (Organic Law 2019 Art. 3); exceptions: inheritance; Georgian company with approved investment plan (must sell within 1 year if the plan fails); category change by the Georgian owner before sale, compensation GEL 34,001 per hectare in Tbilisi and Batumi, GEL 100,000 in special regulation territories, none elsewhere (Ordinance 396); land tax GEL 0.24 per m2 x up to 150%; under lawyer review - Comparison, house or apartment: https://avi.ge/guides/buy-house-in-georgia/ - apartments: large liquid market (42,000+ Tbilisi sales in 2025), shared upkeep, no land issue; houses: check the land is not homestead (agricultural), land tax due even when the house is exempt from property tax (600 m2 plot = about GEL 144-216 a year), whole-building heating and upkeep, smaller resale market; both support a residence permit if non-agricultural, in your name and above $150,000 - Guide, commercial property: https://avi.ge/guides/commercial-property-georgia/ - foreigners buy offices, shops, warehouses on equal terms, no transfer tax; Tbilisi offices 2024: average $23.4/m2, Class A $28 (vacancy 10%), Class B $15.1 (vacancy 17%); shopping-centre vacancy 4.7%; warehouses $3-5/m2, occupancy about 77% (TBC Capital); commercial rent of individuals taxed at 20% (Art. 81(1)), VAT registration above GEL 100,000 turnover in 12 months; leases pass to the buyer (Civil Code 572) - Explainer, aparthotel units in Batumi: https://avi.ge/guides/aparthotel-investment-batumi/ - owner buys a separately registered unit (Civil Code Art. 208) and signs an operating contract; models: revenue share (listings 60/40 to 80/20), fixed return offers (e.g. 8% a year for 5 years, as strong as the signing company), annual lease; tourist enterprise status (Tax Code Art. 26.1): payments to individual owners taxed 5% at source and final (Art. 133.2), up to 60 free days a year exempt (Art. 82), resale VAT-exempt when the buyer takes over the contract (Art. 168); Batumi 2025: 17,478 sales, about 12,400 unsold units, apartment yields 8.8% -> 7.4% (Galt & Taggart); residence permit: law does not exclude non-residential property, value must exceed $150,000 (agency practice to confirm) - Checklist, apartment handover: https://avi.ge/guides/apartment-handover-checklist/ - handover act is contract practice, not required by law; knowingly accepting a defect without a claim loses it (Civil Code Art. 652; Art. 494(2) for sales); defect claims under a contract for work 1 year, 5 years for structures from acceptance (Art. 655); contractual claims on immovable property 6 years (Art. 129); no electricity or gas before the commissioning act (Spatial Planning Code Art. 139.1); owners' association membership from ownership, debts over GEL 500 can be registered on the flat; checklist of 29 items; under lawyer review - Guide, utilities for a new owner: https://avi.ge/guides/utilities-new-owner-georgia/ - Tbilisi electricity Telmico (since 1 July 2021), water GWP, gas Tbilisi Energy; Adjara: EP Georgia Supply, SOCAR Georgia Gas; documents: registry extract + passport (no Georgian personal number needed); water companies must register a new owner within 5 working days free of charge; utility debts follow the customer, not the flat (GNERC gas rules Art. 4(8)); a registered tenant gets 2 working days to object to an owner's electricity registration (since 1 February 2024); gas connection for a new flat GEL 1,100 in self-governing cities from 1 July 2026; electricity from 20.041 tetri per kWh (2026) - Checklist, 50 points before signing: https://avi.ge/guides/property-purchase-checklist-georgia/ - printable list in 8 groups (registry extract, seller, developer, money, contract, costs, handover, residency); fresh online extract GEL 13; registration GEL 150 / 270 / 350 by speed; registration costs on the seller by default (Civil Code Art. 479); matrimonial property joint unless a marriage contract says otherwise (Art. 1158); stop signs: owner not the seller without a valid power of attorney, seizure or tax lien, agricultural or homestead land, floor beyond the permit, cash or third-party payment; under lawyer review - Explainer, buying at auction: https://avi.ge/guides/property-auction-georgia/ - enforcement auctions by the National Bureau of Enforcement on eauction.ge (Law on Enforcement Proceedings): start 75% of market value, then 50%, then 10% (since July 2026), 7-10 days, deposit 5%, bid step 1%, pay within 10 calendar days (Art. 75), order of title; leases pass to the buyer (Art. 75(5)); eviction only by an enforceable decision (Art. 84); registered rights survive depending on who forced the sale; mortgage sales by specialists (Civil Code Art. 302); state privatisation open to foreign citizens except agricultural land; no VAT on auctioned flats, houses, land (Tax Code Art. 161.1); under lawyer review - Explainer, buying from a foreign owner: https://avi.ge/guides/buy-from-foreign-owner-georgia/ - foreign documents need an apostille or legalisation (Law on Notaries Art. 55) and a Georgian translation; a power of attorney must be notarised, not certified at the Public Service Hall; seller's gain on a home exempt after 2 years, else 5% (Tax Code Arts. 81-82); a private individual buyer does not withhold, the non-resident seller declares before 1 April; company buyers may have to withhold (accountant to confirm); notary deposit until registration (Civil Code 434-435); spouses' property regime may be foreign (Law on Private International Law Art. 45); tax liens follow the flat (Art. 239); under lawyer review - Checklist, the first 30 days after buying: https://avi.ge/guides/after-buying-property-georgia/ - week-by-week tasks: confirm registration on a new extract (ownership passes on registration, Civil Code Art. 183), release any notary deposit, change locks, move electricity, water (registered within 5 working days) and gas to your name, contact the owners' association; residence permit is not automatic: valuation above $150,000, file at least 40 calendar days before lawful stay ends, fee GEL 300 / 450 / 600 for 30 / 20 / 10 days; property tax only if family income exceeds GEL 100,000 since 30 September 2026 (return by 1 November, pay by 15 November); landlord register before 1 April of the following year for the 5% rent rate - Comparison, new build or resale: https://avi.ge/guides/new-build-vs-resale-georgia/ - same criteria both sides: legal object, when ownership passes, prices (Tbilisi Dec 2025 primary $1,373 vs secondary $1,316 per m2; Batumi Jun 2026 turnkey $1,960 vs secondary $1,497), payments, VAT, checks, risks (Civil Code Art. 488-489, 312), residence permit and rent timing; finished new buildings as a middle option; verdict by buyer type; under lawyer review - Explainer, reservation and deposit: https://avi.ge/guides/property-reservation-deposit-georgia/ - earnest money vs advance vs holding fee; Civil Code Art. 421-423 (earnest money credited to price; lost if the buyer breaches; returned double plus damages if the seller is at fault), Art. 976 unjust enrichment; worked example on $2,000 / $100,000; what a reservation agreement should say; pay only after the registry extract, by bank, to the registered owner; limitation 3 / 6 years (Art. 129); under lawyer review - Checklist, preliminary sale agreement: https://avi.ge/guides/preliminary-sale-agreement-georgia/ - 12-point checklist; Art. 327(3) preliminary contract, same written form as the sale (Art. 323); penalties in writing, court may reduce (Art. 417-420); seller bears execution and registration costs unless agreed otherwise (Art. 479); currency (Art. 383); withdrawal after an additional period (Art. 405); off-plan additions; under lawyer review - Guide, safe payment: https://avi.ge/guides/safe-payment-buying-property-georgia/ - tie payment to registration; bank escrow (example Terabank: residents and non-residents, 0.2%, min GEL 100); notary deposit account (Civil Code Art. 434-440; nominal accounts per Notary Chamber); stage payments to developers with a registered preliminary right; Smart Contract escrow GEL 35 only for Georgian citizens; clearing a mortgage at payment; payment fraud; under lawyer review - Guide, registration in the Public Registry: https://avi.ge/guides/register-property-public-registry-georgia/ - ownership passes on registration (Civil Code Art. 183); priority of rights by time of application (Law on the Public Registry Art. 13(4)); filing through territorial offices or authorised persons (Art. 3, 7, 8); suspension 30 calendar days, 3 working days for an unpaid fee, period restarts after a cure (Art. 21); refusal grounds (Art. 23); termination on request (Art. 22); extract issued to any person (Art. 10); fees GEL 150 / 270 / 350; Smart Contract only for Georgian citizens; under lawyer review - Data, hidden costs of buying: https://avi.ge/guides/property-buying-costs-georgia/ - no transfer tax; registry fee; cadastral plan GEL 7 / 26; VAT 18% only for VAT-registered sellers; notary tariff by value (Government Resolution No 507 Art. 23: e.g. GEL 362.50 + 0.2% above GEL 100,000, max GEL 10,000; about GEL 687 on a $100,000 flat); POA GEL 18 from an individual, translator's signature GEL 6 for a one-page document down to GEL 2 (Art. 31 as amended 2022); escrow example; permit fees; property tax, 5% rent tax, 5% gain within 2 years; seller pays sale and registration costs by default (Civil Code Art. 479); worked example on a $100,000 flat (about 1.3% without fit-out); tax lines under accountant review - Guide, 15 mistakes foreigners make: https://avi.ge/guides/mistakes-buying-property-georgia/ - fifteen mistakes by stage (choosing, before paying, signing and registration, after) each with the rule behind it (threshold valuation, agricultural land, permits, earnest money Art. 423, co-owners Art. 173, burdens, priority Art. 13(4), broad power of attorney Art. 104/114, declared price and AML, extract check, right to work, tax calendar); five-question self-check; under lawyer review - Guide, real estate scams and protection: https://avi.ge/guides/real-estate-scams-georgia/ - the registry registers documents but does not answer for their authenticity (Law on the Public Registry Art. 3(6)); register presumed accurate (Art. 5); good-faith buyer relying on the register (Civil Code Art. 185, 312); ten schemes (fake listing, impostor seller, false power of attorney, double sale, hidden burden, payment redirection, intermediary, unpermitted project, pledged land, promised returns) each with its counter-check; seven-step anti-fraud routine; Tbilisi map of commissioned and suspended sites; OCCRP 2025 asset freeze as an example of seizures on property; under lawyer review - Explainer, reading a Public Registry extract: https://avi.ge/guides/legal/public-registry-extract-georgia/ - extract content per the Instruction on the Public Registry (Minister of Justice Order No 487, Art. 6(4)): cadastral code, address, land purpose and category, form of ownership, area and buildings, owner, registered rights and burdens with their basis; any person may obtain one (Law Art. 10(3)); electronic copies are originals (Order Art. 6(7)); burdens explained (mortgage Art. 286/289, seizure, tax lien, lease Art. 209, superficies/usufruct/easement Art. 233-253); when to order; red flags; under lawyer review - Explainer, the cadastral code: https://avi.ge/guides/legal/cadastral-code-georgia/ - unique identification code assigned on registration (Order No 487 Art. 9(1)), formation rule set by the agency chair; where to find and how to check it; cadastral plan shows code, area and configuration (Art. 9(4)), GEL 7 / 26; flats as separate objects (Civil Code Art. 208); codes in valuation and residence permit files; mismatches; under lawyer review - Guide, power of attorney for buying property: https://avi.ge/guides/legal/power-of-attorney-buy-property-georgia/ - special vs general power; structure (parties, property by cadastral code, permitted acts, limits, term); where to make it (home notary + apostille or consular legalisation; Georgian notary GEL 10; online only for citizens or persons known to the notary); translator's signature certified for GEL 6 per one-page document; termination (Civil Code Art. 109), revocation and notice (Art. 108, 110); checking a seller's representative; separate powers for separate purposes; under lawyer review - Explainer, encumbrances (mortgage, seizure, tax lien): https://avi.ge/guides/legal/encumbrance-property-georgia/ - mortgage takes effect on registration, several rank by filing date, a promise never to sell is void (Civil Code Art. 289, 290, 294(4)); repaid mortgage passes to the owner until cancellation is registered (Art. 288); seizures by courts, enforcement and the tax authority (Tax Code Art. 241: no court decision needed, all disposal prohibited) block registration (Law on the Public Registry Art. 19); tax lien follows the property to a new holder unless cancelled (Tax Code Art. 239(5)), bank-priority exception 239(6), cancellation by consented sale 239(9); decision table; under lawyer review - Guide, checking the owner online: https://avi.ge/guides/legal/check-property-owner-georgia-online/ - registry data is public (Law on Public Registry Art. 6); extract online GEL 13 (one working day) or GEL 52 (same day), counter GEL 20 / 75, English version extra GEL 26; only an extract proves a right (Art. 10(4)); extract shows owner, rights, restrictions, tax liens and the debtors-register flag; no extract while data is suspended; documents behind a registration are free online (Art. 20.1(11)); debtors register extract GEL 10; no official SMS owner-alert service found; under lawyer review - Data, apostille or legalisation by country: https://avi.ge/guides/legal/apostille-documents-georgia/ - Apostille Convention in force for Georgia since 14 May 2007 (not for Abkhazia/South Ossetia documents; not with Kosovo); foreign documents need apostille or legalisation at a notary (Law on Notaries Art. 55); apostille: US, UK, Germany, France, Israel, Türkiye, Canada, China, India, Saudi Arabia, Bahrain, Oman, Russia, Ukraine, Belarus, Kazakhstan, Armenia, Azerbaijan; consular legalisation: UAE, Qatar, Kuwait, Iran, Iraq, Egypt, Jordan, Lebanon (USD 15 per document); Minsk Convention in force for Georgia since 11 July 1996; Georgian apostille from GEL 30; under lawyer review - Guide, notarised translation: https://avi.ge/guides/legal/notarized-translation-georgia/ - notarial acts in Georgian with an interpreter if needed; registry deals in Georgian with a translation; residence permit documents need a certified Georgian translation; the notary certifies the translator's signature, or the translation if the notary knows both languages (Order No 71 Art. 70); GEL 6 per signature for one page down to GEL 2, plus GEL 5 register fee; translate after the apostille; under lawyer review - Guide, construction permits: https://avi.ge/guides/legal/construction-permit-georgia-check/ - five building classes (Spatial Planning Code Art. 96); municipal permits (Tbilisi Architecture Service), land-use terms 10 working days, permit 20 working days, silence counts as approval; land-use terms valid 3 years; commissioning within 6 months after the permit term; K-2 = floor area to plot ratio, raised by paid zonal agreement, increases suspended in central Tbilisi since 2016; check permit number, floors, drawings, validity, City Hall map; under lawyer review - Explainer, unauthorised construction: https://avi.ge/guides/legal/illegal-construction-georgia-apartment/ - fines from GEL 1,000 to GEL 250,000 by place, land and class (Code Arts. 130-132), repeated every 3 months at triple; GEL 50,000 for ignoring a suspension in Tbilisi; legalisation routes: permit after the fact, pre-2007 buildings, Tbilisi scheme for buildings completed by 18 August 2020, Batumi by 26 September 2022, private houses outside Tbilisi before 1 December 2023; fast-track fee up to GEL 40,000; flats on unpermitted floors risk no commissioning, utilities or registration; under lawyer review - Explainer, the notary: https://avi.ge/guides/legal/notary-georgia-property/ - a sale needs no notary (Civil Code Art. 183; signatures certified at the registry); notary required for a power of attorney, will, marriage contract, private mortgage loans, notarial writ; tariff (Resolution No 507) binding only where notarisation is mandatory, excludes VAT; about GEL 687 on a $100,000 sale at GEL 2.624, cap GEL 10,000; power of attorney GEL 18; deposit a quarter of the rate, min GEL 4 a month; acts in Georgian with interpreter; under lawyer review - Guide, hiring a property lawyer: https://avi.ge/guides/legal/property-lawyer-georgia/ - no law requires a lawyer for a purchase; advocates are Georgian Bar Association members (Georgian citizens, Bar exam; Law on Lawyers Art. 10), check the online members register; no official fee scale, fee agreed in advance (Art. 6, 19; Code of Ethics 8(8)); example published prices: due diligence GEL 300 + VAT, full assistance 2.5% min GEL 7,500; acting for both sides with conflicting interests forbidden; lawyers in real estate deals do AML checks (one-off transactions above GEL 15,000); complaints to the GBA Ethics Commission free within 5 years; under lawyer review - Explainer, inheritance of a foreigner's property: https://avi.ge/guides/legal/inheritance-property-georgia-foreigner/ - inheritance governed by the deceased's nationality (Law on Private International Law Art. 55), Georgian courts exclusive for immovables (Art. 10); Georgian heirs in five degrees, compulsory share half of intestate share; accept within 6 months (Civil Code Art. 1424), certificate from a Georgian notary after 6 months, then registration GEL 150/270/350; debts only up to the estate (Art. 1484); 1st/2nd line heirs tax-exempt, 3rd/4th up to GEL 150,000 a year; foreigners may inherit agricultural land; succession register heritage.notary.ge; under lawyer review - Guide, making a will as a foreigner: https://avi.ge/guides/legal/will-in-georgia-foreigner/ - foreigners can make a will before a Georgian notary (fee GEL 16); a will cannot choose the governing law (nationality applies); forms: notarial (prevails, Art. 1401), handwritten, typed with 2 witnesses, closed; joint wills only mutual of spouses (Art. 1347); compulsory share for children, parents, spouse; will made abroad valid in form under nationality, residence or Georgian law (PIL Art. 56); wills recorded in the notaries' general register since 1 September 2011; under lawyer review - Explainer, giving property as a gift: https://avi.ge/guides/legal/gift-property-georgia/ - gift contract takes effect on registration of the donee (Civil Code Art. 525), written promise needed; signatures can be certified at a Public Service Hall; revocation for gross ingratitude within 1 year (Art. 529) or donor's hardship (Art. 530); a gift to one spouse during marriage is separate property (Art. 1161); tax: 1st/2nd line relatives exempt, 3rd/4th up to GEL 150,000 a year, others GEL 1,000 (Tax Code Art. 82); donor's years count on resale only for a 1st line donee; foreigners cannot receive agricultural land by gift; a donor's property-based residence permit ends with the ownership; under lawyer review - Guide, when the developer is late: https://avi.ge/guides/legal/developer-delay-georgia/ - no special shared-construction law and no statutory penalty; contractual penalty must be in writing, court may reduce it (Civil Code Arts. 417-420); set a final period in writing and withdraw if it passes (Art. 405), restitution and damages (Arts. 352, 407); pre-registered preliminary right rules out other registrations (Law on Public Registry Art. 12); insolvency law 2020 has no homebuyer priority; 6-year limitation for contractual property claims; Tbilisi programmes for unfinished buildings are not a buyer's right; under lawyer review - Explainer, property disputes: https://avi.ge/guides/legal/property-dispute-georgia/ - Georgian courts exclusive for Georgian real estate; claim where the property is; court fees 3% / 4% / 5% (min GEL 100 / 150 / 300, caps GEL 3,000 / 5,000 / 6,000 for individuals); recoverable lawyer fee up to 4%; interim measures registered in the Public Registry; arbitration for private property disputes (signed agreement, consumer limits), New York Convention since 31 August 1994; court mediation 45 days for co-ownership, neighbours, inheritance and claims up to GEL 20,000; limitation 3 / 6 / 10 years; enforcement fee up to 7%; under lawyer review - Explainer, agricultural land and foreigners: https://avi.ge/guides/legal/agricultural-land-foreigners-georgia/ - Constitution Art. 19(4) in force 16 December 2018, Organic Law 4848-IIs in force 2 July 2019; history 1996 lease-only, 2007 inheritance only with 6-month sale, Constitutional Court rulings of 2012, 2014 and 2018 for foreign individuals, 2013-2014 moratorium; today a foreign individual owns only by inheritance with no duty to sell, a company with a foreign dominant partner only under a Government-approved investment plan (Ordinance 222 of 2021: fee 1%, GEL 1,000-30,000, 2% guarantee); pre-2019 lawful titles kept; change of purpose paid only in Tbilisi and Batumi (GEL 34,001/ha) and special regulation zones (GEL 100,000/ha); under lawyer review - Explainer, homeowners' associations: https://avi.ge/guides/legal/homeowners-association-georgia/ - Law on Homeowners' Associations 2007: arises by law with more than two flats on one plot, not a legal person; single chair elected by 2/3; default quorum 2/3, one vote per flat; unanimity for significant changes to common property; costs by floor area; debt over GEL 500 registrable with the meeting's agreement; new owner liable for the seller's unpaid obligations; Tbilisi districts fund 100% of roof, lift and similar works, owners deposit 5% (3% over GEL 100,000); night noise 23:00-08:00, fines from GEL 150; lift inspection rules; under lawyer review - Guide, landlord rights and duties: https://avi.ge/guides/legal/rental-law-georgia-landlord/ - Civil Code Arts. 531-575: tenant's possession protected even against the owner (Art. 575), landlord's lien on the tenant's things (Art. 568), buyer takes over the lease (Arts. 209, 572), no unilateral rent increase; leases registrable, compulsory only over 1 year with a company; eviction through court and the National Bureau of Enforcement (10-day warning), notarial writ for unpaid rent, police route only for unlawful occupants; damage claims within 6 months of return, rent within 3 years; under lawyer review - Explainer, source of funds: https://avi.ge/guides/legal/source-of-funds-property-georgia/ - AML Law of 30 October 2019 (consolidated 1 April 2026, matsne 4690334): banks, notaries (real-estate services), lawyers and the Public Registry are obliged entities, real estate agents are not; CDD for one-off transactions above GEL 15,000, wires above GEL 3,000, any amount on suspicion; enhanced checks establish source of funds and wealth for high-risk clients, PEPs (with family and associates) and high-risk jurisdictions (exemption for Georgian citizens and residence-permit holders); FMS threshold reports: bank cash deposits and exchange above GEL 50,000, notary deposits above GEL 50,000, registry sales above GEL 300,000; FMS may suspend for 72 hours; no tipping off; records 5 years; no legal cash cap found, lari sole legal tender; crypto payments prohibited unless an NBG act allows; Georgia not on the EU high-risk list (January 2026) or FATF grey list (June 2026); under lawyer review - Tracker, Georgia property law changes 2026: https://avi.ge/guides/legal/georgia-property-law-changes-2026/ - dated changes 2017-2029 from the amending acts: property tax exemption up to GEL 100,000 family income from 30 September 2026 (Law 1874); D5 visa 1 year from 1 September 2026 (Law 1803); loans up to GEL 1,000,000 in lari from 1 July 2026, non-citizens excepted (NBG); residence by property more than $150,000 from 1 March 2026 (Law 863); automated building permits on the cadastral map from 1 February 2026 (Law 952); short-stay fixed tax to 1 January 2028 (Law 1061); timeshare registration from 1 June 2027; agents and foreign ownership unchanged; reviewed monthly; under lawyer review - Checklist, documents to buy property: https://avi.ge/guides/legal/documents-needed-buy-property-georgia/ - registry needs application, passport (Russian/English copy needs no translation), contract in Georgian (translation if needed) and fee GEL 150/270/350 (Instruction 487, Law on the Public Registry); missing document suspends the case 30 days; deals under a power of attorney issued abroad go to a Georgian notary (Instruction Art. 56); video signing only for citizens and permanent residents until 1 January 2028; spouse consent a precaution, not required for an unregistered spouse (Civil Code 312, 1160); guardianship consent for minors (1294); company, mortgage and new-build document lists; no Georgian personal number from buying; tax registration when a liability arises; under lawyer review - Checklist, the property sale contract: https://avi.ge/guides/legal/property-sale-contract-georgia/ - 14-item printable checklist; the Civil Code defaults when the contract is silent (costs Art. 479, plot costs 481, risk passes on transfer 482, defect remedies 490-492, known defects 494(2), exclusion void if concealed 497, six-year limitation 129); seller statements; price clause and currency (Art. 383); signing day sequence; red flags; under lawyer review - Checklist, contract with a developer (12 protective clauses): https://avi.ge/guides/legal/developer-contract-georgia/ - no special shared-construction law in Georgia (Civil Code applies; no statutory delay penalty); permit, unit, area, specification, price and VAT, staged payments, preliminary ownership registration (standard registry fee, GEL 150 in 4 working days), delivery penalty (Art. 418, 420), commissioning (Spatial Planning Code Art. 139.1) and registration (Law on the Public Registry Art. 15-6), release from a project mortgage (Art. 287), defects, exit and refund (Art. 405, 352) and assignment; under lawyer review - Complete guide, property law in Georgia for foreigners: https://avi.ge/guides/legal/property-law-georgia/ - the legal framework from the primary texts: owner's rights (Civil Code Art. 170), registration and good-faith protection (Art. 183, 185, 312), co-ownership and pre-emption (Art. 173), matrimonial property (Art. 1158, 1161), superficies, usufruct, easements, mortgage (Art. 286-303), seller's legal and material defects (Art. 487-489), apartments and owners associations (Art. 208, 1512), tenancies (Art. 209, 531-563), unauthorised construction and building classes (Spatial Planning Code Art. 3, 96), AML checks, inheritance and wills (Art. 1336, 1358, 1371, 1421, 1424), limitation periods (Art. 128-130); under lawyer review - Complete guide, investing in Georgian real estate (2026): https://avi.ge/invest/invest-in-georgia-real-estate/ - Tbilisi vs Batumi yields, prices and buyer mix (Galt & Taggart, Colliers), gross-to-net worked example, supply and exit, off-plan vs ready, long vs short lets, costs to buy/hold/sell, currency, inflation and NBG rate, residence through property, risks, budgets; tax lines await the accountant - Comparison, Tbilisi or Batumi for investment: https://avi.ge/invest/tbilisi-vs-batumi-investment/ - 2025 sales 42,388 vs 17,478; new-build $1,398 per m2 white frame (Tbilisi, Feb 2026) vs $1,960 turnkey (Batumi, Jun 2026); gross yield 8.6% (long-term rent) vs 7.1% (short-stay ADR, down from 8.8% in 2024); buyers 77% Georgian in surveyed Tbilisi projects vs 52% foreign in Batumi; supply signals; square metres for $100,000 and $155,000; city-by-goal verdict table (Galt & Taggart, Geostat, Colliers) - Data, rental yields by city and district: https://avi.ge/invest/rental-yield-georgia/ - Tbilisi 8.6% and Batumi 7.1% gross; table of 12 Tbilisi districts (price, rent, 2025 sales) and Batumi zones (2Q26) with gross yields calculated by us from Galt & Taggart averages (Vashlijvari about 10.5% to Mtatsminda about 4.4%); deposit rates Dec 2025 (GEL 10.7%, USD 2.6%); regional comparison; gross-to-net example (Saburtalo about 6.5% net, 5% rental tax under Tax Code Art. 81(2)) - Guide, off-plan investment: https://avi.ge/invest/off-plan-investment-georgia/ - where the return comes from; share sold before completion (Tbilisi 2026 projects 72%, Batumi 74%); Tbilisi new-build price growth 20.2% / 11.6% / 4.0% (2023-2025); three price scenarios vs a dollar deposit; value of instalment plans; seven checks (HowTo); risks; reselling a contract before completion; 5% tax on a sale gain, exemption after two years (Tax Code Art. 81(3), 82) - Comparison, long-term vs short-term rental: https://avi.ge/invest/long-term-vs-short-term-rental-georgia/ - Tbilisi long-let rent $9.8-10.1 per m2 (Galt & Taggart) vs short stays 64% occupancy, ADR $45, about $11,000 a year per listing (Airbtics, year to Aug 2026); Batumi 54%, $46, about $9,000; worked 50 m2 Tbilisi example: long let about $5,277 vs managed short stays about $4,494 before utilities (15.5% platform fee, 20% management, fixed tax GEL 10 per m2 a month); Adjara visits Q3 about 4x Q1 (Geostat 2025); Batumi short-stay supply 18-20k flats (2024) to 35-40k (2029); tax: 5% long let, optional fixed tax to 1 Jan 2028 (Tax Code Art. 309, Law 1061), otherwise unconfirmed; no national registration or tourist tax found; under accountant review - Explainer, bulk pre-sale purchases: https://avi.ge/invest/bulk-apartment-purchase-georgia/ - package deals of 30-50 flats reported in 2026; 72-74% of flats sold before completion; NBG: nearly 40% of Batumi demand non-resident (June 2025); legal structure (written form, per-unit preliminary registration, unit sale only once registered); claim assignable without consent but debt transfer needs developer consent (Civil Code 199-206); Public Ruling 143 (14 May 2026): unfinished flat can be residential, but a resold pre-sale right is a property right taxed under general rules (20%); Ruling 175: several homes not by itself business; VAT registration above GEL 100,000; NBG PTI counts all loans; risks: Center Point, Batumi 58,000-unit pipeline 2025-2029; under accountant review - Data, Georgia property price history: https://avi.ge/invest/georgia-property-prices-history/ - series kept separate by method: Tbilisi Colliers transactions $810-835 per m2 (2012-2014, $832 in 2014); stable in USD 2015-2020; Galt & Taggart primary white frame $902 (Jan 2022), $1,066 (Jan 2023), $1,266 (Jan 2024), $1,373 (Dec 2025), stated growth 20.2%/11.6%/4.0%; Geostat RPPI (GEL, new dwellings) +63.8% vs 2020 in Q2 2026; Batumi $646-684 (2012-2014) to turnkey $1,960 (June 2026); resorts and other cities; Tbilisi rent $5.3 (Jan 2022) to $11.6 (Jan 2023), $9.8 (Dec 2025); CPI and construction cost tables - Guide, best areas to invest in Tbilisi: https://avi.ge/invest/best-areas-to-invest-tbilisi/ - 12 districts on Galt & Taggart July 2026 data: white-frame price, rent, derived gross yield (Vashlijvari 10.4%, Didi Dighomi 9.1%, Gldani 9.0% ... Vake 5.7%, Mtatsminda 5.3%, Chugureti 5.1%; city 8.5%), price change on July 2025 (Vake +17.0%, city +6.4%), sales shares (Didi Dighomi, Saburtalo, Samgori 54% of January-July 2026), building permits by district 2025 and 2026, developer sell-through, TBC asking-price growth, Airbtics short-stay rates by area, Didi Dighomi-Didube tram (GEL 288 million, September 2026), metro extension and third-line plans, Tbilisi bypass to 2031, dilapidated buildings and heritage buyout; how to choose a district - Guide, best areas to invest in Batumi: https://avi.ge/invest/best-areas-to-invest-batumi/ - zone scorecard (turnkey price June 2026, long-let yield, 2025 sales, 2025-2029 pipeline in years of sales): New Boulevard area about 8.2% gross with 22,430 flats coming, Old Batumi $3,239 per m² and about 4.4%; price growth by zone; short-stay rates; buyer mix; Kobuleti; Ambassadori Island and Chorokhi delta projects; airport, bypass, Batumi-Sarpi road (GEL 809 million contract, 2026), boulevard competition; erosion, storms, flooding; how to choose a zone - Comparison, Gudauri or Bakuriani for an investor: https://avi.ge/invest/gudauri-vs-bakuriani-investment/ - Galt & Taggart resort data 1Q24/3Q24 (latest published: Gudauri $1,417, Bakuriani $1,035 per m²); AirROI short stays to July 2026 (Gudauri $5,886 a year, $125 a night, 35.1% occupancy; Bakuriani $2,226, $86, 22.8%); seasonality by month; slopes and 2026 works, season opens 20 December 2026; Kvesheti-Kobi road (conflicting dates), Borjomi-Bakuriani railway due to resume December 2026; risks (road closures, unauthorised building, carbon monoxide incident, utilities); recreational territories and agricultural land; questions to ask before buying - Comparison, aparthotel unit or own apartment in Batumi: https://avi.ge/invest/aparthotel-vs-apartment-batumi/ - side-by-side table (who lets, who sets prices, owner share, charges, own stays, registry record, tax on sale, buyers); a 60/40 split needs about 1.33 times the gross income of a flat with a 20% manager; G&T selected Batumi hotels 67% occupancy and $103 (January-September 2025) vs Airbnb $45; hotel demand from Israel and Saudi Arabia; branded rooms 3,116 (2025) to 4,079 (2027); fixed return offers (8-10% for 1-5 years, agent and developer claims); Public Ruling No 143 (14 May 2026): a room within hotel infrastructure is not a residential flat; 5% rent rate only for residential space; NBG Order 44/04 business loans for non-residential buy-to-let; timeshare rules from 1 June 2027; under accountant review - Data, studio or one-bedroom flat: https://avi.ge/invest/studio-vs-one-bedroom-rental-georgia/ - Global Property Guide Q3 2026 (SS.ge asking prices): Tbilisi studio 8.03% vs one bedroom 7.43%, Batumi 8.35% vs 8.08%; district yields (Nadzaladevi one bedroom ahead); G&T sales by size (Batumi 63.5% small in 2025, Tbilisi 53.8% medium in Jan-Jul 2026); Airbtics studio occupancy 65% Tbilisi, 56% Batumi; household size and students; costs that do and do not scale with size; resale - Explainer, sea view apartments in Batumi: https://avi.ge/invest/sea-view-apartment-batumi-worth-it/ - no published measure of a sea-view premium; proxies (New Boulevard $1,800 vs inner areas $1,672 per m² and rent $12.3 vs $10.6, June 2026); yield arithmetic (a 20% premium needs 20% more income); views can be built over: Batumi's own development rules repealed December 2019, no seafront height cap found, national rules protect light not views, Civil Code has no right to a view; which views last; checks before paying; seafront weather and fire safety - Comparison, which frame to buy for renting out: https://avi.ge/invest/white-frame-vs-green-frame-rental/ - Geostat Tbilisi median offer prices by frame (2Q26: black GEL 3,340, white 3,703, green 4,409 per m²; green GEL 706 above white); Batumi turnkey premium about $230-240 per m² (2023-24, two G&T series compared); finishing about $250 per m² mid-range (2024 reports); worked 50 m² example (white route about GEL 631 per m² cheaper); lost rent; when turnkey makes sense; rental-grade finish list; questions for the developer; defects (Civil Code: 1 year, structures 5 years); no permit for non-load-bearing works (Res. 255); VAT and tax points - Explainer, currency risk (lari and dollar): https://avi.ge/invest/gel-usd-property-risk/ - NBG official rates 1.7542 (Nov 2014), 3.4842 (27 Mar 2020), 2.5982 (17 Oct 2026); late-2024 move 2.7422 to 2.8746 in a week; NBG floating regime, interventions and record USD 8.14 billion reserves (Aug 2026); currency at each stage of an investment; USD vs GEL growth rates; lari-only legal tender and price rule (Organic Law on NBG Art. 34), Order 93/04 exceptions; loans up to GEL 1,000,000 in lari only from 1 July 2026, non-citizens exempt; mortgage rates 11.4% GEL vs 7.7% FX (July 2026); tax converted at the NBG rate on the transaction day; six steps to manage the risk; under lawyer review - Data, Tbilisi apartment supply: https://avi.ge/invest/tbilisi-apartment-supply/ - Colliers' 87,000 flats under construction (spring 2026, method unpublished) about four years of developer sales; G&T permits 2015-2026 (1,734 thousand m² in 2025, 32% above the 2015-22 average); Geostat completions 2019-2026; sales 2023-2025; developer sell-through January vs July 2026; four ways of counting supply; Batumi comparison; NBG Financial Stability Report 2025 oversupply warning; demand (census, migration, mortgages); outlooks; what it means for buyers; Center Point and uncommissioned buildings - Data, foreign buyer statistics: https://avi.ge/invest/foreign-buyers-georgia-statistics/ - three kinds of figure (Colliers all registered sales, Galt & Taggart developer surveys, Ministry of Justice counts); Tbilisi foreign share 10-14% (May-Aug 2026), Batumi 48-52%; Tbilisi survey Georgian 85% (2023) to 74% (Jan-Jul 2026), Israel 4% to 11%; Batumi survey by citizenship 2024-1H26 and 2020-2024; official 2022 counts (14,875 flats, Russia 6,062, Israel 1,892, Ukraine 1,321); 2022 migration wave; FDI and non-resident mortgages; rules for foreign buyers; what the mix means - Data, resale liquidity: https://avi.ge/invest/resale-property-georgia-liquidity/ - no published days-on-market measure; Tbilisi resales by building age 2022-2024 and 21,427 in 2025; Georgia 78,500 transactions in 2025; Batumi volumes; which flats sell (51-80 m², below $2,000 per m², busy districts); resale vs new prices (Tbilisi $1,316 vs $1,373 per m²); mortgage share; 2020, 2019 and 2024-25 shocks; what slows a sale; costs (registration GEL 150-350, commission around 3%); resorts and regions; checklist - Guide, one apartment or several (portfolio strategy): https://avi.ge/invest/property-portfolio-georgia/ - concentrate or spread; what Tbilisi, Batumi and the ski resorts each add; six steps; tax as the portfolio grows (5% rent with no unit limit, rent counts toward the GEL 100,000 VAT threshold on our reading, property tax family-income test, no 1% regime for rent, Public Ruling No 175); personal vs company (about 19.25% on distributed profit, 1% company property tax, GEL 200 registration); financing (PTI and LTV limits, 2027 tightening, second let flat as business loan); management; spouses, co-owners, partnerships, inheritance; exit; under accountant review - Data, commercial property yields: https://avi.ge/invest/commercial-property-yield-georgia/ - Galt & Taggart 2026: Tbilisi business-centre offices 9.4% net yield (2025), forecast 8.4% by 2028 as vacancy rises from 6.6% to 16.8%; offices in residential buildings 1.0 million m², 53% vacant; office rents by segment 2019-2025; prime high-street yield 8.6%, high-street rents $37.6 per m², mall rents and pipeline; warehouse rents $6.3 per m² (+34% in 2025) and by class; regional rents (TBC 2024); why sources differ; 20% tax on commercial rent for individuals; questions before buying - Guide, investing $50,000: https://avi.ge/invest/invest-50-000-georgia-property/ - what $50,000 buys at 2026 averages (about 43 m² in Didi Dighomi, 39 m² in an older Tbilisi building, 33 m² Batumi resale, 29 m² Kobuleti); shrinking budget stock; three ways to split the budget with finishing, fees and reserve; expected rent (about 7.5% gross in Didi Dighomi); Kutaisi and other cities (no current price data); instalment plans; borrowing; no residence permit; common mistakes; steps - Guide, investing $100,000: https://avi.ge/invest/invest-100-000-georgia-property/ - what $100,000 buys (about 70 m² Tbilisi average, 58 m² Saburtalo, 55 m² Batumi New Boulevard); one flat or two (7.9% vs 9.1% gross); costs; Batumi; splitting between Tbilisi and Batumi; why borrowing at 11.4% rarely helps; residence (more than $150,000, combining properties not confirmed; investment route more than $300,000); plan by goal; steps - Guide, $150,000 with a residence permit: https://avi.ge/invest/150-000-property-georgia-residency/ - one purchase for two goals (valuation above $150,000 vs return and resale); what $150,000-$200,000 buys (about 105 m² Tbilisi average, 87 m² Saburtalo, 47 m² Vake, 83 m² Batumi New Boulevard); why to leave a margin; three strategies with gross yields (Saburtalo 7.9%, Vake 5.7%, Batumi 8.2%); worked example at $190,000; full budget; 4,827 property-based permit holders (February 2026); exit; steps - Guide, premium segment $300,000 and above: https://avi.ge/invest/luxury-property-georgia/ - market size (about 509 Tbilisi flats over $3,000 per m² in 2025); TBC Capital categories (Luxury $4,270 per m²); Geostat district medians; what $300,000 and $500,000 buy; yields about 5-6%; expatriate demand and the US State Department allowance cap; branded residences (Trump Tower Tbilisi from $7,000 per m², delivery June 2029; Pullman Residences Tsikhisdziri); Batumi premium; investment residence permit (more than $300,000; 1,347 holders in February 2026); liquidity; checklist - Explainer, inflation and real estate: https://avi.ge/invest/inflation-georgia-real-estate/ - CPI December on December 2015-2025, 5.6% in September 2026, NBG forecast; Tbilisi new-flat prices in lari vs CPI year by year (real -10.6% in 2021, +12.3% in 2023; +17.5% from 2020 to mid-2026); dollar view; rents vs inflation (CPI rent +37.4% in 2022, dollar rents -22% real since 2023); lease clauses; construction costs (+29.2% since February 2022) and wages (+81.8% 2020-2025); real deposit rates; affordability; what it means for owners - Explainer, geopolitical risk for property buyers: https://avi.ge/invest/georgia-investment-risk/ - about 20% of territory occupied (Abkhazia, Tskhinvali region); property deals there void under the Law on Occupied Territories (Art. 5); 2008 war (FDI about USD 2.0bn in 2007 to USD 658m in 2009, broker-reported price falls of 20-40%, no official index); 2022 inflow (up to 112,000 Russian citizens, rents about +70%); EU talks suspended to end-2028, Commission "candidate country in name only" (Nov 2025), visa-free suspended for official passports only from 6 March 2026; US partnership suspended and Ivanishvili sanctioned (Dec 2024); protests and the effect on sales (-9% December 2024, recovery in 2025); reserves record USD 8.17bn (September 2026); Russia exposure; Constitution Art. 19; scenarios and how to reduce risk - Data, tourism statistics and rental demand: https://avi.ge/invest/georgia-tourism-statistics-rental-demand/ - 2025: 7.8 million travellers, 6.9 million visits, USD 4.69bn revenue (by market: Russia about USD 694m, EU 660.4m, Israel 586.3m), 8.5 million airport passengers, 2,783 hotels; 2026: travellers -3.3% in the first half (EU and UK +23.4%, India -59.7%, Iran -48.7%), recovery from June, revenue January-September USD 3.7bn (+2.5%); seasonality (Adjara 47.7% of visits in July-September vs Tbilisi 34.7%); hotel vs short-stay occupancy; Batumi supply (46,300 short-stay units planned 2025-2029, yield 8.8% to 7.4%); long-term tenants (133,857 foreign residents, 44,400 foreign students); no official occupancy series - Explainer, infrastructure projects and property prices: https://avi.ge/invest/infrastructure-projects-georgia-property/ - status table October 2026: open (Batumi bypass 2024, Rikoti pass highway 30 December 2025, railway with Tbilisi-Batumi train about 4 hours), under construction or contracted (Tbilisi tram GEL 288m, 36 months; Batumi-Sarpi road; Kvesheti-Kobi road 2028; Tbilisi airport to 10 million passengers by 2028; Anaklia port first ships 2029), plans without contracts (metro extensions, third metro line, Vaziani airport); Eagle Hills (USD 6.6bn, no permit yet); cancelled projects (Lazika, Tbilisi railway bypass, first Anaklia contract); international evidence (+4.2% within about 400 m of a station); how to check a "coming soon" claim - Explainer, is Georgian property a good investment: https://avi.ge/invest/is-georgia-property-a-good-investment/ - honest scorecard: yields 8.6% Tbilisi / 7.1% Batumi; Tbilisi new-build growth 20.2% (2023), 11.6% (2024), 4.0% (2025); GDP +7.5% (2025); S&P BB positive outlook (Aug 2026), Moody's Ba2, Fitch BB; lari 1.66 (2013) to 3.4842 (27 Mar 2020) to 2.624 (Aug 2026); EU accession talks suspended to end-2028 (28 Nov 2024) and the early-2025 demand dip; 87,000 flats under construction; no special off-plan law; who it suits - Explainer, when not to buy: https://avi.ge/invest/when-not-to-buy-property-georgia/ - ten situations where waiting is wiser (short horizon and the 5% tax on a gain within two years, permit budget at the $150,000 line, "guaranteed" returns, unchecked developer, growth-dependent numbers, agricultural land, seizure or tax lien, no tolerance for delay, unseen flat, rushed move); market signals; printable self-check; cost of waiting; alternatives - Complete guide, money and taxes for a foreign buyer: https://avi.ge/guides/money/money-and-taxes/ - paying and source of funds (AML law), bank accounts, and the Tax Code of Georgia article by article: 183-day residence (Art. 34), 5% on residential rent (Art. 81(2)), withholding by company tenants (Art. 134), 5% on a home sold within 2 years and exemption after (Art. 81(3), 82(1)(f.a)), property tax bands (Art. 202, 206), gifts and inheritance (Art. 82(1)(g)-(i)), small business status, 58 tax treaties, tax calendar; under accountant review - Guide, opening a bank account as a non-resident: https://avi.ge/guides/money/open-bank-account-georgia-non-resident/ - no legal bar and no residence permit needed; banks decide under AML compliance (identification, source of funds) and may refuse without reasons; remote opening via notarised, legalised, translated power of attorney at some banks (reported 2-4 weeks), branch visit at others; KYC questions and documents; example tariff (Terabank: GEL 50 application review, GEL 1 a month); NBG tariff comparison tool; company accounts; under accountant review - Guide, transferring money to Georgia: https://avi.ge/guides/money/transfer-money-to-georgia/ - routes compared; how SWIFT works (correspondent banks, OUR/SHA/BEN, MT103 confirmation, contract reference); fees on both sides and conversion (NBG tool: TBC standard USD outgoing 0.2%, min $15, max $150); cash above GEL 30,000 must be declared at the border (Customs Code Art. 169); instalments to developers; paper trail; under accountant review - Comparison, best bank for foreigners: https://avi.ge/guides/money/best-bank-in-georgia-for-foreigners/ - 18 licensed banks (NBG, October 2026; VTB Bank (Georgia) under sanctions); TBC and Bank of Georgia about 75% of loans; Basisbank bought 95.99% of Liberty Bank on 14 April 2026; ratings (Fitch BB for the two largest); published non-resident fees (TBC GEL 50 application review and Plan 10 GEL 10 a month, Basisbank GEL 5-15, Halyk GEL 50 opening and no monthly fee, Terabank GEL 50 and GEL 1); NBG 12-month deposit rates (USD 1.4% TBC to 4% Halyk and Ziraat; GEL 8.85% to 10.70%); deposit insurance GEL 50,000 per depositor per bank since 1 April 2026, non-residents included, paid in GEL within 20 days; remote opening limits; escrow (Terabank 0.2%, minimum GEL 100; Cartu; TBC); non-citizens exempt from the lari-only loan rule; under accountant review - Explainer, paying in dollars or lari: https://avi.ge/guides/money/pay-property-in-usd-georgia/ - lari the only legal tender (Organic Law on the NBG Art. 34(2), also free industrial zones and duty-free shops); entrepreneurs must state prices in lari since 1 July 2017 (Art. 34(2.1)); NBG Order 93/04 exceptions (supply by a non-resident; to a foreign citizen only if offered only in a foreign language, no outdoor ads; real estate not named); penalty Administrative Offences Code Art. 153(7): warning, GEL 1,000, GEL 5,000, enforced by the Revenue Service; Civil Code Art. 383 allows a foreign-currency price; Art. 389 limited by the Supreme Court to redenomination or hyperinflation; three ways to word the price; official rate method and 2.5982 from 17 October 2026; bank spread about 2.5%; notary fee converted at the NBG rate on the day (Res. 507 Art. 6(3)); Tax Code Art. 73(10) conversion on each transaction day and its effect on a taxable gain; dollarisation (deposits 41.5% August 2026); contract checklist; under accountant review - Explainer, buying property with crypto: https://avi.ge/guides/money/buy-property-with-crypto-georgia/ - payments with virtual assets prohibited since 1 January 2023 (Organic Law on the NBG Art. 39-1(2)), exceptions only for providers' own services (Order 94/04); flat-for-crypto barter untested (Civil Code Arts. 521-523, void under Art. 54 if it breaches the ban); safe route: convert through one of 43 NBG-registered providers (register 16 September 2026) or a bank, then pay by transfer; registration act must be displayed since 1 January 2026; enforcement (Sher888 fined GEL 465,000, criminal cases 2025-2026, EU, UK and US sanctions on Georgia-registered exchanges); MONEYVAL R.15 largely compliant (December 2024); individuals' income from selling crypto exempt (Public Decision No 201, 2019); under accountant review - Explainer, capital gains tax on a sale: https://avi.ge/guides/money/capital-gains-tax-georgia-property/ - individuals: home (flat or house with land, including rented or under construction with residential rights) 5% within two years, exempt after more than two years (Tax Code Arts. 81(3), 82(1)(f.a)); other property (commercial, land alone, hotel rooms, preliminary-contract rights) 20%, exempt after two years only without economic use (82(1)(f.c)); Public Ruling No 143 (14 May 2026): residential tests, documented renovation added to cost; Ruling No 175 (8 June 2026): number of homes not by itself a business; two-year clock from the registration document, heirs tack; return and payment by the 15th of the next month since 2024, non-residents included; official examples GEL 1,000 and GEL 6,000; penalties; losses same type same year; VAT on non-residential buildings; treaty credit at home; under accountant review - Data, double taxation treaties: https://avi.ge/guides/money/double-taxation-treaty-georgia/ - 58 treaties in force (Ministry of Finance, October 2026) by region; no treaty with Russia, Canada or Australia; IRS applies the 1973 US-USSR treaty; property articles (rent and gains taxed in Georgia first, land-rich share clauses); Israel, UK, Germany, Poland, UAE, Turkey, Ukraine and Kazakhstan compared (Germany exempts with progression; UAE only for UAE nationals, Georgian tax on property gains halved); MLI in force 1 July 2019 (34 treaties); residence certificates; CRS since the 2022 agreement; under accountant review - Explainer, tax on company-owned property: https://avi.ge/guides/money/company-property-tax-georgia/ - property tax up to 1% of average net book value (Tbilisi 1%), deadlines 1 April and 15 June; land tax GEL 0.24 per m2 x up to 1.5; VAT 18% above GEL 100,000 in 12 months (buildings taxable, land alone exempt); profit tax 15% on distribution (gross-up 0.85) plus 5% dividend tax, about 19.25%; worked example against the 5% personal rent rate; foreign companies (permanent establishment, 10% withholding on rent from business tenants, property-rich share sales); moving property in and out; special regimes; under accountant review - Explainer, inheritance and gift tax: https://avi.ge/guides/money/inheritance-tax-georgia/ - no separate tax; value received is income of the recipient; first and second line (spouse, children, grandchildren, parents, siblings, nephews, nieces) exempt; third and fourth line (grandparents, uncles, aunts) exempt up to GEL 150,000 a year; others GEL 1,000 a year for gifts, otherwise 20% (Tax Code Arts. 81-82); declaration before 1 April, two years to pay above GEL 150,000; heirs pay the deceased's tax arrears pro rata (Art. 57); notary costs (certificate of inheritance by estate value, will GEL 16, gift contract on the bilateral scale); first-line heirs keep the previous owner's holding period; inherited property excluded from the property-tax family income; home-country taxes (UK 40% above GBP 325,000, US USD 15,000,000 exclusion for 2026, Germany EUR 400,000 per child); under accountant review - Data, yearly cost of owning an apartment: https://avi.ge/guides/money/cost-of-owning-apartment-georgia/ - property tax nil at family income up to GEL 100,000 (else 0.8% in Tbilisi and Batumi); building fees GEL 20-40 a month, USD 0.4-1.5 per m2 in serviced complexes; GNERC tariffs 2026 (electricity 20.041-28.537 tetri per kWh, water GEL 0.50 per m3 Tbilisi, gas about GEL 0.54-0.57 per m3); waste fee GEL 2.50 per person in Tbilisi (empty flat under 20 kWh a month not charged), GEL 1.30 in Batumi; insurance from GEL 12 a month; letting costs (5% tax, 15-30% management); example budgets GEL 1,392 own use and GEL 4,365 let long term for a 60 m2 Tbilisi flat; under accountant review - Data, lari exchange rate history: https://avi.ge/guides/money/gel-exchange-rate-history/ - introduced 25 September 1995; NBG year-end rates per USD and EUR for every year 1995-2025 and 2026 (2.5982 per USD, 2.9274 per EUR on 17 October 2026); records (weakest 3.4842 on 27 March 2020, strongest under the float 1.396 on 26 July 2008); episodes 1998, 2008, 2014-2015, 2016, 2020, 2022, 2024; how the official rate is set; rates for other currencies; no NBG forecast; under accountant review - Data, mortgage rates: https://avi.ge/guides/money/mortgage-rates-georgia/ - NBG average on new mortgages 11.4% in lari and 7.7% in foreign currency (July 2026), series since 2019; policy rate 8.25% since 6 May 2026 with decisions since 2022; bank offers nominal/effective in GEL, USD, EUR (Halyk, Basisbank, Liberty, ProCredit, Terabank, Credo, TBC example); products for buyers earning abroad; fees and insurance; fixed periods and TIBR/SOFR/EURIBOR; caps: 50% effective rate (Civil Code Art. 625), early repayment 0.5-2% (NBG Order 32/04); lari-only rule exempts non-citizens; USD vs GEL payment example; state subsidy for families (eligibility of foreigners to confirm); euro area 3.60%; under accountant review - Checklist, proof of funds for a Georgian bank: https://avi.ge/guides/money/proof-of-funds-georgia-bank/ - no published bank list; core file (statements 3-12 months, purchase agreement, one-page summary); documents by source (salary, business, freelance, sale, inheritance, gift, loan, investments, pension, crypto, cash); source of funds vs source of wealth (NBG fines); crypto via NBG-registered providers; cash declaration above GEL 30,000; translations; held transfers (TBC returns money if documents missing); NBG high-risk list of 33 jurisdictions (Order 12/04, January 2026), Russia not listed; PEPs; notary checks; under accountant review - Guide, transferring money abroad after a sale: https://avi.ge/guides/money/transfer-money-abroad-from-georgia/ - no currency controls (Ministry of Finance; IMF Article VIII since 1996); no buyer or notary withholding for non-resident sellers (Tax Code Arts 80, 134, 154), seller files form II-04-2 by the 15th of the next month; tax debt can be collected from accounts (Arts 241, 243); three payment routes; bank documents; sanctions (Russia, Belarus, Iran); SWIFT fees on USD 200,000 by bank; conversion spread about 1.2%; app limits; cash declaration above GEL 30,000; Wise; CRS and home reporting (FBAR, Form 8938, UK); under accountant review - Explainer, tax residency and the 183-day rule: https://avi.ge/guides/money/georgia-tax-residency-183-days/ - Tax Code Art. 34 paragraph by paragraph (183 days or more in any 12 months ending in the year; part of a day counts; days abroad for leisure, treatment, business, study count; days in Georgia for leisure or treatment do not; 34(6.1) citizens only; 34(6.2) no implementing order; 34(8) days not reused); dated scenarios (1/2/3 July arrival, straddling windows); evidence of days; resident vs non-resident taxes (foreign income exempt, Art. 82(1)(u)); residence certificate online, free/GEL 50/GEL 100 for 20/5/1 working days (Res. 96), one year at a time; treaty tie-breaker (Georgia-UK Art. 4(2)); US, UK, Russia, Israel home rules; HNWI route; no exit tax found; under accountant review - Explainer, small business status and rent: https://avi.ge/guides/money/small-business-status-georgia-rental/ - rent is never taxed at 1%: Resolution 415 Annex 5 item 1 excludes letting property (income type), while Annex 4 (banned activities) has no letting item, so a landlord can keep the status for other business; rent taxed 5% (home let for living) or 20%; tax by route (micro business, short-stay fixed tax GEL 10 per m2 a month until 1 Jan 2028, tourist enterprise 5%, company about 19.25%); daily lets and 1% unconfirmed; cost of errors (Art. 275 fine 10/25/50%, 0.05% a day); five myths checked; VAT above GEL 100,000; under accountant review - Guide, when you need an accountant: https://avi.ge/guides/money/accountant-georgia-foreigners/ - filing duties by situation with deadlines (1 April, 15th monthly, 1/15 November, SARAS 1 October, VAT); filing yourself (9-digit TIN Art. 66(6), service centre or videocall.rs.ge, 3-month extension Art. 68); published fees (annual return GEL 150-200, entrepreneur GEL 90-250 a month, company from GEL 200-450); SARAS registers (981 certified accountants, 400 firms); access via authorised user or notarised POA (Art. 37), apostille; penalties (late return 5% or 10% of the tax, Art. 274); disputes 30 then 20 days, in Georgian; common mistakes; under accountant review - Data, declaring a Georgian property at home: https://avi.ge/guides/money/declare-foreign-property/ - 21 home countries compared (rent taxed at home, sale gain, duty to declare the flat itself, treaty with Georgia): Gulf states no tax; credit countries (UK, US, Israel, Turkey, Poland, India, China, Armenia, Kazakhstan); Germany exempt with progression; Russia no credit (no treaty); India Schedule FA every year with no threshold, Kazakhstan forms 250.00/270.00; foreign account reporting (FBAR USD 10,000, Russia notice and 1 June report, Germany AWV EUR 50,000); sale and inheritance rules; 2025-2026 changes; US: only the 1973 US-USSR treaty applied by the IRS; under accountant review - Explainer, property insurance: https://avi.ge/guides/money/property-insurance-georgia/ - not compulsory except for mortgages; layers of cover (structure, finishing, contents, liability, rent loss, tenant damage); prices TBC from GEL 12, Irao GEL 20-30, GPI GEL 25/35 a month, Aldagi Premium with structure; exclusions (30 days unattended, old buildings, waiting period, renovation); seismic intensity by place (Tbilisi 8, Batumi 7, Gudauri 9); let and mortgaged flats; underinsurance and sale rules (Civil Code 827, 833-835); claim deadlines and complaints to the insurer then the Insurance State Supervision Service; 2025 market data; under accountant review - Explainer, property tax for individuals: https://avi.ge/guides/money/property-tax-georgia-individuals/ - Tax Code Arts 201-206: buildings exempt if family income last year was GEL 100,000 or less (Law No 1874, in force 30 September 2026, removed the old GEL 40,000 threshold and the 0.05%-0.2% band, also for the 2026 return); above that Tbilisi (Resolution No 20-90) and Batumi (Resolution No 2) charge 0.8% of market value; land taxed separately per m2 (Tbilisi GEL 0.24-0.36; Batumi 0.31/0.24/0.17); rent counts in family income; pro rata; return by 1 November, payment by 15 November; worked examples; under accountant review - Explainer, rental income tax: https://avi.ge/guides/money/rental-income-tax-georgia/ - Tax Code Art. 81(2): 5% on an individual's rent from residential space let for residential purposes, no deductions; 20% general rate; landlord register (Revenue Service situation manual No 1518 of 7 June 2023, as reported: register before 1 April of the following year, GEL 100 penalty, company tenants withhold 20% from unregistered owners); company tenants withhold from non-residents (Art. 134(1)(d1)); annual return before 1 April; worked examples (55 m2 Tbilisi flat about GEL 875 at 5%); optional short-stay fixed tax GEL 10 per m2 a month extended to 1 January 2028 by Law 1061 (Tax Code Art. 309(24)-(26)), treatment outside it under accountant review; aparthotel owners' free stays up to 60 days exempt (Art. 82(1)(z6)); home-country treaties; under accountant review - Complete guide, renting out an apartment in Georgia as a non-resident: https://avi.ge/invest/rental/rent-out-apartment-georgia/ - long let vs short stays, building and association rules, rent and currency, tenant checks and personal data, the Civil Code tenancy rules (Art. 532-564: deposit max 3 months' rent with interest, 3-month notice, valid reasons, furnished-apartment exception, 3 months unpaid rent, sublet consent, tenancy survives sale), short stays under the 2025 Law on Tourism, 5% rent tax, managing from abroad, 12 lease clauses; under lawyer and accountant review - Guide, Airbnb in Batumi: https://avi.ge/invest/rental/airbnb-batumi/ - trackers compared (Airbtics 54%, USD 46, about USD 9,000 a year; AirDNA; BnbCalc) vs Galt & Taggart market ADR USD 34.6 (2Q26); airport arrivals by month (Jul-Sep 44%); guests; rules (no accommodation licence, tax registration, HOA restrictions only by registered agreement, noise fines); supply pipeline (46,300 short-stay units 2025-2029); what earns more; costs; 30 m2 studio budget two ways (net 7.0% vs 2.2%); winter monthly lets - Guide, Airbnb in Tbilisi: https://avi.ge/invest/rental/airbnb-tbilisi-income/ - trackers compared (Airbtics 64%, USD 45, about USD 11,000; AirROI 42%; BnbCalc 38%); nightly rate by district (Vake USD 50 to Nadzaladevi USD 33); income by size; season; guests; rules; competition; break-even occupancy vs long let (managed 86-91%, self-run 66-69%); monthly stays table; costs - Explainer, long-term tenants in Tbilisi: https://avi.ge/invest/rental/long-term-rental-tbilisi-tenants/ - tenant groups (foreign students 44,400, newcomers from Russia/Ukraine/Belarus, expat families, Georgians from the regions, local households); student policy change 2026-27; rents by district (USD 8.5-15.1 per m2) and asking ranges; trend since 2022 (+77%, peak 2023, -18% by Dec 2024, stable 2026); what tenants look for; lease norms (12 months, one-month deposit, currency rules); seasonality; risks; flat-to-tenant matching - Checklist, rental agreement template for Georgia: https://avi.ge/invest/rental/rental-agreement-template-georgia/ - model lease of 19 clauses with notes (rent in advance, USD rent paid in GEL, deposit max 3 months with interest per Art. 552, Arts. 555/557/558/559/561/562 on ending, inspections only if agreed, short-stay sublet ban, language clause); optional notary (writ for unpaid rent, GEL 140; fee example GEL 114.50 + VAT) and registry (compulsory only over 1 year with a company; GEL 150/270/350); e-signatures; tax clauses (5%, company tenant withholds 20% if landlord not registered); disputes; under lawyer review - Checklist, tenant screening in Georgia: https://avi.ge/invest/rental/tenant-screening-georgia/ - identity (new ID QR, old cards invalid since 1 Jul 2024), credit report shared by the tenant (MyCreditinfo), Registry of Debtors, why court cases cannot be searched, UN sanctions, references and company tenants, personal data law duties, anti-discrimination, contract protections, warning signs - Guide, property management in Georgia: https://avi.ge/invest/rental/property-management-georgia/ - published fees of 10 managers (short stays 15-30%, long lets 8-15% or GEL 260 flat, tenant-find fee about 1 month), market share of managed listings (52% Tbilisi, 63% Batumi), what the fee covers, net-to-owner example under four fee bases, contract points and Civil Code mandate rules (Arts. 709-720), Airbnb/Booking.com account ownership, power of attorney, tax, aparthotel pools (owner 60-70%) and fixed-return promises, questions and warning signs - Data, furnishing a flat for rent in Georgia: https://avi.ge/invest/rental/furnish-apartment-for-rent-georgia/ - dated store prices (Gorgia, JYSK, Elit Electronics) for a one-bedroom budget package (about GEL 6,600; studio 6,000; two bedrooms 9,500; appliances and AC 58%), budget vs mid-range, no IKEA in Georgia, inverter AC check, delivery and assembly terms, guest and tenant expectations, furnished-flat termination (Art. 562(3)), tax (5% no deductions; Arts. 111-112), importing furniture (no listed duty, 18% VAT) - Guide, Airbnb listing tips for Georgia: https://avi.ge/invest/rental/airbnb-listing-tips/ - photo shot list and Airbnb photo rules (1024 x 683, first 5 photos), title under 50 characters, description, languages by visitor origin (GNTA 2025), amenities, check-in methods and smart lock prices, house rules and tourist insurance, Booking.com photo, Genius and Preferred rules, reviews, Superhost and Guest Favorite criteria, ranking levers - Guide, Airbnb pricing in Batumi by season: https://avi.ge/invest/rental/airbnb-pricing-batumi-season/ - AirROI month-by-month rate, occupancy and income (GEL 144 Feb to GEL 195 Aug), PMCG hotel prices, four-period price plan, holiday and event dates 2026-2027 (Georgia, Russia, Turkey, Israel, Gulf), Airbnb and Booking.com discount rules, PriceLabs/Beyond/Wheelhouse prices, Tbilisi and ski resort seasonality, winter monthly lets vs nightly income - Comparison, Booking.com or Airbnb for a flat in Georgia: https://avi.ge/invest/rental/booking-vs-airbnb-georgia/ - 2026 host fees (Airbnb host-only 15.5%, 18% VAT on its fee for customers in Georgia; Booking.com commission per agreement, invoices, payment fee), owner receipts on a GEL 1,000 booking, payouts, listings in Georgia, guest checks and damage cover (AirCover USD 3M; Booking.com damage requests, partner liability USD 1M), cancellations and reviews, iCal delays and channel manager prices, reverse-charge VAT for entrepreneurs, DAC7 for EU-resident owners - Explainer, aparthotel rental pools: https://avi.ge/invest/rental/aparthotel-rental-pool/ - how pooled income is calculated (deductions, reserve, operator share, allocation key), gross vs net split illustration, owner stays, statements and audit, term and resale, Civil Code mandate (Art. 720) and trust (Arts 724-729), tax by contract type, fixed returns ending (Batumi broker: 7-9% for 1-3 years), questions to ask - Guide, declaring rental income in Georgia: https://avi.ge/invest/rental/declare-rental-income-georgia/ - taxpayer registration for foreigners (form I-01, video call, 9-digit number), eservices.rs.ge access (Georgian mobile number required), landlord register (VII2-01), monthly records, annual return Annex II-04 before 1 April (last day 31 March), treasury code 101001000, fixed short-stay tax (VII-01, quarterly payments), non-residents and Form No 3, penalties (Art. 274 flat 5%/10%, 0.05% a day), accountant cost; under lawyer review - Data, running costs of a let flat in Georgia: https://avi.ge/invest/rental/apartment-running-costs-georgia/ - who pays what under the Civil Code (Arts. 532, 545, 547, 548, 553), cleaning and laundry prices (turnover from GEL 118 at a company, about GEL 50 via a manager; linen GEL 7 per kg), heating costs (gas boiler about GEL 100-150 a month in winter), repair prices, homeowners association rules (debt over GEL 500 registrable on the flat) and Tbilisi/Batumi co-financing, monthly budget for a Batumi studio (about GEL 370 in August, GEL 240 in February) - Guide, damage and disputes with a tenant in Georgia: https://avi.ge/invest/rental/tenant-dispute-georgia/ - evidence, deposit deductions and set-off, written demand via notary (GEL 10), private and notarial mediation, enforcement bureau summary procedure (10 days), court (magistrate up to GEL 5,000, about 325 days average first instance), tenant abroad, enforcement fees (7% debtor, 2% advance), short-stay guest claims, police and noise fines, what not to do - Data, Batumi occupancy rate by month: https://avi.ge/invest/rental/batumi-occupancy-rate-by-month/ - Galt & Taggart hotel occupancy by month 2024, 2025 and 1Q26 (peak 91% Aug 2025; 1Q26 31%), AirROI short-stay flats by month with stay length and lead time, quarterly visits to Adjara, airport traffic, Tbilisi comparison, why trackers disagree (definitions), supply outlook to 2029 - Data, Gudauri apartment rental income (ski resort letting): https://avi.ge/invest/rental/gudauri-apartment-rental-income/ - AirROI Gudauri month-by-month income, occupancy, rate, lead time and stay (Feb GEL 6,729 at 64.2%; average GEL 17,502), income by flat size, Bakuriani two-season comparison, 2025-26 lift dates and passes, Gudauri-Kobi road closures and the Kvesheti-Kobi road, sample yield (8.2% gross, 5.7% after management and tax), mountain running costs and safety - Guide, remote property management tools: https://avi.ge/invest/rental/remote-property-management-tools/ - smart lock, sensors and router prices at Georgian stores, Airbnb lock integration US/Canada only, camera and audio rules (Airbnb indoor ban; Personal Data Protection Law Arts. 10-11; Criminal Code), power outage data (GNERC 2024), paying utilities from abroad, local helpers and Wise, software - Explainer, insuring a let flat in Georgia: https://avi.ge/invest/rental/rental-property-insurance-georgia/ - landlord terms of TBC, Irao, Unison, Aldagi and GPI (tenant damage, 30-day empty exclusion, lease and inventory, lost rent only at Aldagi), Civil Code duties (Arts. 808-832), liability to neighbours and guests (Arts. 992, 1000, 1004), Airbnb and Booking.com cover, complaints and market data - Comparison, sell or keep renting a let flat: https://avi.ge/invest/rental/sell-or-keep-renting/ - Tbilisi yield 8.5% (July 2026) vs 12-month deposits (USD 1.40-4.00%, GEL 8.00-10.70%), NBG policy rate 8.25%, selling costs (agent 3-5%, Public Registry GEL 150-350, notary Res. 507), tax on sale (5% within 2 years, exempt after; Ruling 143: letting keeps residential status), worked comparison for a 60 m2 flat, selling with a tenant (Civil Code Arts. 209, 572, 561-563, no tenant pre-emption), resale market and buyer lending rules, taking money home - Data, rent prices in Tbilisi by district: https://avi.ge/invest/rental/rent-prices-tbilisi-by-district/ - Galt & Taggart asking rent per m2 for all 12 districts, July 2026 vs July 2025 and 55 m2 rent, monthly Jan-Jul 2026, Dec 2023-Jul 2026 history, city peak (USD 11.8, March 2023), TBC Capital vs Galt & Taggart vs Geostat (rents in lari +10.9%, Sep 2026), Numbeo rent by flat type, agency medians, seasonality, short-stay contrast, rent in dollars or lari (NBG law Art. 34, Civil Code Art. 383), utilities - Data, real rental income in Georgia: https://avi.ge/invest/rental/real-rental-income-georgia/ - declared rental income (Revenue Service via bm.ge: 28,300 lessors, GEL 1,835 a month each, 2025), AirROI revenue percentiles for Tbilisi, Batumi, Gudauri and Bakuriani, median vs average by flat size, asking vs collected long-let rent, published owner cases and developer guarantees, gross-to-net illustrations, client cases only with written consent (placeholders), how to test an income claim - Complete guide, Tbilisi property: https://avi.ge/tbilisi/ - how the city is laid out (10 administrative districts vs market neighbourhood names), rent by district (Galt & Taggart Dec 2025), what sells by size and price segment, Soviet/new/historic buildings, metro (2 lines, 23 stations), new supply and construction costs, prices, renting out and regional yield comparison, who buys, Tbilisi vs Batumi, costs of owning, reading listings, viewing checklist - Area guide, Vake, Tbilisi: https://avi.ge/tbilisi/vake/ - administrative district (61.7 km2, 111,903 people in 2014; includes Bagebi, Nutsubidze Plateau, Tskneti; Vashlijvari and Lisi are Saburtalo) vs the Vake of listings, Galt & Taggart new-build prices USD 2,378 (Nov 2024) to USD 3,180 per m2 (Jul 2026), rent USD 15.1 per m2 (city high, gross yield about 5.7%), Geostat and TBC Capital figures, no metro (ropeways, buses), universities and international schools, parks and air quality, planning disputes (Vake Park hotel, 49 Chavchavadze tower), short-stay rates - Area guide, Vera, Tbilisi: https://avi.ge/tbilisi/vera/ - officially territorial unit 2 of Mtatsminda district (Council decision 16-35, 2014) with its boundary, history, Mtatsminda district prices (USD 2,945 per m2 new, Jul 2026) and Vera rents (USD 650-1,300+), Law on Cultural Heritage rules and unauthorised-floor risks, Rustaveli metro, slopes and parking, Vera Park (rehabilitated 2025), Philharmonic, 2015 Vere flood, Heroes' Square towers (DMG Group, no permit Feb 2026) - Area guide, Mtatsminda, Tbilisi: https://avi.ge/tbilisi/mtatsminda/ - the district (73 km2, 49,052 people in 2014, 4 units incl. Vera, Kiketi-Kojori, Tsavkisi-Shindisi-Tabakhmela), Geostat new-flat prices (GEL 6,814 per m2, Q1 2026, city high), Galt & Taggart USD 2,945 and rent USD 13.0 per m2, funicular (1905) and Rustaveli cable car (reopened Oct 2024), Rustaveli Avenue rehabilitation (to Nov 2026), hill villages, heritage fines (Spatial Planning Code Art. 131), 2002 earthquake, forest restoration, hotels - Area guide, Sololaki, Tbilisi: https://avi.ge/tbilisi/sololaki/ - the merchant quarter (1870-1910 houses, 80 of 124 buildings heritage monuments in the 2024 study area), notable houses and Italian yards, listing prices (about USD 975-4,032 per m2), checks for old flats (registered area, heritage fines of GEL 16,000-200,000 by building class, structure, shared land), City Hall buyout programme, Gudiashvili Square rehabilitation (GEL 70m), transport, daily life, Panorama Tbilisi and the Paragraph hotels - Area guide, Old Tbilisi: https://avi.ge/tbilisi/old-tbilisi/ - Kala, Abanotubani, Meidan and Betlemi (Krtsanisi district, unit 12; the Old Tbilisi district existed 2007-2013), Abanotubani asking prices (about GEL 4,700 per m2 older flats to EUR 6,400-7,200 new) and rents, courtyard houses with many owners and heritage rules, restoration record (Betlemi, New Life for Old Tbilisi, Narikala), the April 2026 expropriation for the Heydar Aliyev center, access, baths and culture, nightlife, flood and slope risks - Area guide, Saburtalo, Tbilisi: https://avi.ge/tbilisi/saburtalo/ - Tbilisi's busiest market (7,186 sales in 2025), Galt & Taggart prices Dec 2023-Jul 2026 (USD 1,445 to 1,732 per m2) and rent (USD 11.4, gross yield about 7.9%), older vs newer resale, construction boom (23% of permitted area in 2024), hippodrome Central Park and Downtown Tbilisi towers, metro Line 2, universities, air (Kazbegi station), Vashlijvari prices and the 2021 landslide - Area guide, Nutsubidze Plateau, Tbilisi: https://avi.ge/tbilisi/nutsubidze-plateau/ - officially Vake district unit 7 (often labelled Saburtalo), microdistricts I-V, the Shatili skybridge complex (1974-1976), asking prices (GEL 3,100-4,850 per m2; Soviet "Czech project" vs new) and rents, new projects from USD 1,350 per m2, buses to metro Line 2, schools, slope and water-supply checks - Area guide, Vazisubani, Tbilisi: https://avi.ge/tbilisi/vazisubani/ - officially Isani district unit 16 (not Samgori), history, listing prices (USD 1,164-1,880 per m2) and new projects from USD 950, median rent USD 419, Isani gross yield about 8.7%, no metro (buses to Samgori and Varketili), schools and polyclinic, City Hall parks, Tbilisi Sea edge, Varketili air monitor - Area guide, Didi Dighomi, Tbilisi: https://avi.ge/tbilisi/didi-digomi/ - officially Saburtalo district unit 9 (the Dighomi massif is Didube), Soviet plan from 1985 left unfinished, Tbilisi's busiest market (9,440 sales in 2025), Galt & Taggart prices Dec 2023-Jul 2026 (USD 965 to 1,148 per m2, about 19.5% below the city average) and rent (USD 8.7, gross yield about 9.1%), Soviet vs new resale, heavy new supply, 64 projects from USD 890 per m2, no metro, bus 306, the Didi Dighomi - Didube tram (contract 7 Sep 2026, to 2029), schools, parks and the sports centre - Area guide, Dighomi, Tbilisi: https://avi.ge/tbilisi/digomi/ - which Dighomi is which (Didube district unit 25 Dighomi massif vs Saburtalo unit 9 village, Dighomi 1-9 and Didi Dighomi), Dighomi village as Georgia's largest village (22,136 people, 2024 census), history from Dighmiskhevi to the 1960 massif, Galt & Taggart Didube zone prices (USD 1,425 per m2) and rent (USD 9.8), listing prices, no metro and the tram through the massif, forest park privatisation and the unbuilt meadows park, Gelovani Avenue air station, water supply checks - Area guide, Lisi Lake, Tbilisi: https://avi.ge/tbilisi/lisi-lake/ - Saburtalo district (the lake at 624 m is state property), water level and the 2016 path, the 2007 land auction and Green Lisi Town, building freezes 2018-2020 and 582 permits since 2007, prices of flats (mostly GEL 3,600-5,200 per m2), houses and plots (GEL 312-919 per m2), Galt & Taggart Vashlijvari zone benchmark, projects (Lisi Topograph, The Lake, Metropol Lisi, Lisi House, Lisi Lakers, Deka Lisi), buses and distance to metro, three private schools on Leo Kvachadze Street, zoning and sewage checks - Area guide, Bagebi and the Tskneti road, Tbilisi: https://avi.ge/tbilisi/bagebi/ - Vake district unit 5 "Vake, Bagebi" on the Tbilisi-Tskneti highway (about 530-710 m), asking prices (flats USD 1,690-2,890 per m2, about 26% below the Galt & Taggart Vake average), rents (USD 10-11 per m2, gross yield about 5.3%), houses and plots, Bloom Bagebi and other projects, the University-Bagebi cable car and the 2024 bridge (GEL 36.4m), buses, New School and the German International School, landslides (2012, 2021, 2025) and slope checks - Area guide, Tskneti and Okrokana, Tbilisi: https://avi.ge/tbilisi/tskneti-okrokana/ - Tskneti (Vake district unit 8, pine-forest resort at about 950 m, part of Tbilisi by 2002, in Vake since 2013) and Okrokana (Mtatsminda district, about 760 m, 2.4 km from Freedom Square), 2014 populations, house and plot asking prices (Tskneti plots median USD 450 per m2, houses about USD 700,000; Okrokana USD 300 and USD 586,000), TBC Capital 2023 land prices, rents, buses 354, 334 and 390, Buckswood school, zoning and land category checks, landslides, rockfall and fire risk, cooler climate - Area guide, Avlabari, Tbilisi: https://avi.ge/tbilisi/avlabari/ - Isani district unit 14 "Zemo Avlabari, Metromsheni" (not Krtsanisi), history from Metekhi and the Darejan palace to Sameba (2004) and the Ceremonial Palace (Foreign Ministry since March 2026), asking prices (GEL 3,950-9,570 per m2, old houses GEL 4,000-5,300) against the Galt & Taggart Isani average (USD 1,407), rents, small new projects, heritage rules, the Rike Tubes demolition (deadline 25 Dec 2026), metro since 1967, short-stay tax - Area guide, Ortachala, Tbilisi: https://avi.ge/tbilisi/ortachala/ - Krtsanisi district unit 12 "Kala, Ortachala" on the right bank below the old town, history (gardens, Pirosmani, the 1953 hydro plant, the former prison now a cultural space), Galt & Taggart Krtsanisi zone (USD 1,671 per m2, rent USD 10.8), asking prices (mostly GEL 3,200-5,800 per m2) and rents (GEL 1,560-1,950 for two rooms), new towers on Gorgasali Street (Metropol Ortachala, Gorgasali Tower, Coordinate), central bus station, no metro on this bank, the May 2012 flash flood, air monitoring - Area guide, Krtsanisi, Tbilisi: https://avi.ge/tbilisi/krtsanisi/ - three meanings (district of 39,286 people, villa neighbourhood above Ortachala, forest park about 10 km south-east), the 1795 battle and the former government residence (sold 2004 for USD 15m), villa and plot asking prices (houses USD 420,000-2.2m, plots about GEL 1,300 per m2), new projects from USD 1,900 per m2, the Eagle Hills forest-park project (agreements 22 Oct 2025, about 633.6 ha, no construction permit found as of Oct 2026), transport, New Hospitals, ground and air checks - Area guide, Marjanishvili and Chughureti, Tbilisi: https://avi.ge/tbilisi/marjanishvili-chugureti/ - Chughureti district (65,230 people in 2014; units 22 and 23), Neu-Tiflis history and Aghmashenebeli Avenue (2010 rehabilitation, new works announced Aug 2026), Galt & Taggart zone (USD 2,323 per m2, small sample) and ss.ge asking prices (median about GEL 4,000 per m2), rents, Marjanishvili and Station Square metro, railway bypass status, old buildings and the 2025 Station Square collapse, Park of Ilia air station, short-stay tax - Area guide, Didube, Tbilisi: https://avi.ge/tbilisi/didube/ - Didube district unit 24 (district 8.4 km2, 70,018 people, the densest in Tbilisi), history from the royal domain to the Pantheon (1939), Galt & Taggart Didube zone (USD 1,425 per m2, rent USD 9.8), ss.ge prices (median about GEL 4,580 per m2), towers on Tsereteli Avenue and the planned Maudi factory project (no permit), Didube metro and the regional bus station, Tsereteli Avenue rebuild (2023-2024), the tram from Didi Dighomi, Tsereteli Avenue air readings, Eliava market - Area guide, Nadzaladevi, Tbilisi: https://avi.ge/tbilisi/nadzaladevi/ - four units (Dzveli Nadzaladevi-Lotkini, Nadzaladevi, Sanzona, Temka; 154,067 people in 2014), railway and factory history, Galt & Taggart zone (USD 1,294 per m2, about 9% below the city average, rent USD 9.5), Geostat and ss.ge prices, new towers and two former factory sites, five metro stations (Gotsiridze reopened 2023), Tbilisi Sea shore, retaining-wall collapses in 2026, air monitoring - Area guide, Isani, Tbilisi: https://avi.ge/tbilisi/isani/ - district units (Zemo Avlabari-Metromsheni, Navtlughi, Vazisubani; 125,610 people in 2014, 2nd densest), medieval Isani and Navtlughi, Isani and Samgori metro (1971), Galt & Taggart zone (USD 1,407 per m2) and asking prices (towers by Isani metro USD 2,100-2,750 per m2), rents, Archi Isani, Isani Park and Hisni, Metromsheni and 300 Aragveli side, Navtlughi market, air monitoring - Area guide, Samgori, Tbilisi: https://avi.ge/tbilisi/samgori/ - five units (Varketili, Mesame Masivi, Orkhevi-Aeroporti, Lilo, Kvemo Samgori; 177,844 people on 128.4 km2 in 2014, largest district), Samgori plain, airfields since 1923, Tbilaviamsheni, Lilo Mall, Galt & Taggart zone (USD 1,178 per m2, lowest rent of 12 zones), Geostat cheapest district, asking prices by unit, houses and land, Urban East, East Project and Chichinadze Street by Index, airport expansion and Vaziani plan, industry and landfill risks, air monitoring - Area guide, Varketili, Tbilisi: https://avi.ge/tbilisi/varketili/ - official unit 17 vs the metro area in Mesame Masivi, 1982-1988 estate on state-farm orchards, metro terminus (1985) and its delayed repairs (deadline 30 December 2026), ss.ge median USD 1,360 per m2 and rents GEL 1,430, Soviet-series flats, Seaside Varketili, Varketili Residence, Nova Park, Compact Varketili and Archi Varketili 2, the Hualing side and Tbilisi Sea Plaza, schools and parks, official air station - Area guide, Gldani, Tbilisi: https://avi.ge/tbilisi/gldani/ - four units (Avchala-Gldanis Khevi, even and odd Gldani microdistricts, Mukhiani; 177,214 people in 2014), the largest Soviet estate (from 1974, planned for 147,000), Gldani village and ZAHES history, Galt & Taggart zone (USD 1,146 per m2, cheapest of 12 zones in 2025), ss.ge medians and rents, Archi Akhmeteli, Unity Mukhiani and other towers, Akhmeteli Theatre metro and the planned extension, 2026 floods and landslides, no Tbilisi Sea frontage - Area guide, Tbilisi Sea, Tbilisi: https://avi.ge/tbilisi/tbilisi-sea/ - the reservoir (in service since 1953, drinking water first), which districts touch it (Nadzaladevi about 91%, Samgori about 9%, not Gldani), the Sea District, the west-shore resort strip and Hualing, ss.ge prices (Hualing median USD 1,520 per m2) and land rules, water tests, the new zoo, Dendrological Park and Zghvisubani Park, bypass road plans, distance from the metro - Data, Tbilisi neighbourhoods compared: https://avi.ge/tbilisi/neighborhoods-compared/ - all 12 Galt & Taggart zones side by side (July 2026 new-flat price, rent, gross yield, sales; Vake USD 3,180 to Vashlijvari USD 1,094 per m2), changes since December 2025, Geostat district medians, the 10 districts with 2014 population, metro stations and distances, air stations, links to every area guide - Guide, best areas in Tbilisi for families: https://avi.ge/tbilisi/best-areas-for-families/ - 3-room flat medians by area (Vake USD 300,000 to Varketili USD 86,300), 179 public schools by district (none in English), first-grade registration rules, international school clusters and published fees, 190 free kindergartens, parks, air, road safety, children's hospitals, houses with a yard, verdict by family type - Guide, where expats live in Tbilisi: https://avi.ge/tbilisi/where-expats-live/ - no official data by district; 2024 census foreign residents (133,857), permits, foreign buyers (14% in August 2026), areas named by research (Vake, Vera, Sololaki, Saburtalo), school and embassy clusters, rents and yields, tensions since 2022, practical differences by area, residency through property - Data, most affordable areas in Tbilisi: https://avi.ge/tbilisi/cheapest-areas/ - ss.ge sample of 1,235 ads in 19 areas (Lilo USD 1,035 per m2 to Isani 1,690; Saburtalo and Vake for contrast), what USD 50,000, 75,000 and 100,000 buy, old vs new stock and off-plan, the floor of the market (about USD 27,000-40,000), rents and gross yields, trade-offs by area - Data, flats near the metro in Tbilisi: https://avi.ge/tbilisi/near-metro/ - median asking prices and rents within 10 minutes of all 22 station sites (Ghrmaghele USD 1,395 to Freedom Square 2,765 per m2), no consistent metro premium in our tests, network facts and ridership, station repairs, new trains and plans, which area guides are near a station - Data, international schools in Tbilisi: https://avi.ge/tbilisi/international-schools-map/ - 12 schools with curriculum, ages, address and published fees (German school, American Academy, Newton), the three school clusters with distances, flat and house prices and rents near each cluster - Comparison, Soviet block or new building in Tbilisi: https://avi.ge/tbilisi/soviet-vs-new-building/ - side-by-side table (older stock USD 1,280 vs newer resale USD 1,372 per m2, July 2026), Soviet series labels explained (Khrushchevka, Czech, Moscow, Lviv, Tukhareli), frame stages, off-plan risk and no escrow by law, dilapidated buildings and owners' associations, renovation costs, rents and yields, verdict by buyer type - Explainer, earthquake safety of buildings in Tbilisi: https://avi.ge/tbilisi/earthquake-safety/ - seismic code PN 01.01-09 (intensity 8 MSK-64, not magnitude), design level 7 before about 1991, Eurocode 8 not adopted, the 2002 earthquake damage figures, which buildings are at risk, how new buildings are checked, insurance cover and exclusions, buyer checklist - Data, air quality in Tbilisi by district: https://avi.ge/tbilisi/air-quality-by-district/ - official 2025 PM2.5 and PM10 at five stations (15-21 and 31-41 ug/m3), NO2 at 29 sampling points (12 above the limit, street vs park), latest 12 months and seasons, sources, limits vs WHO, policy and what it means for buyers - Complete guide, Batumi property: https://avi.ge/batumi/ - zones with prices, sales and rents (Galt & Taggart 2Q 2026), what sells by size and segment, the season, climate and humidity, who buys, the supply pipeline, prices, short stays and peer-city yields, rental programmes, 2026 momentum, Kobuleti, airport, Batumi vs Tbilisi, costs, viewing questions - Complete guide, how to check a developer in Georgia (20 questions): https://avi.ge/new-builds/how-to-check-a-developer/ - company, land extract, permit and its stages, building classes, certification, permit expiry, financing and land mortgages, stage-linked payments, preliminary ownership registration, commissioning act (no use or permanent utilities before it, Spatial Planning Code Art. 139.1), Tbilisi City Hall permit map, contract protections, brochure claims vs documents, paper trail from reservation to registration; under lawyer review - Explainer, black, white and green frame: https://avi.ge/new-builds/white-frame-green-frame-black-frame-georgia/ - no legal definition in Georgia, each developer defines its frames (Housebook 2025); comparison table of what each usually includes, built from three published descriptions, and where they disagree (heating and wiring in white frame, finishes in green frame); developer's claim on finishing time (1-1.5 months from green vs 3-5 from black); Galt & Taggart Tbilisi prices are white frame, Batumi turnkey; white-frame listings in Tbilisi about $1,156-2,238 per m2 by district (Korter); which frame suits whom; seven questions; contract annex and handover checks - Complete guide, property in Georgia's resorts: https://avi.ge/resorts/ - Gudauri and Bakuriani ski markets (Galt & Taggart 3Q24 data, altitudes, season), Kobuleti and the smaller Black Sea resorts, Borjomi, Kakheti wine towns, Mestia and Svaneti, the agricultural land rule for houses and vineyards, the resort year, aparthotels and rental programmes, liquidity and pricing in thin markets, building quality, residence permits, buying remotely, viewing questions - Complete guide, moving to Georgia: https://avi.ge/living/moving-to-georgia/ - the visa-free year (Ordinance 255), mandatory health and accident insurance for visitors since 1 January 2026 (Law on Tourism Art. 12), residence permit routes (property $150,000, investment $300,000, IT, work, family, permanent after 10 years), 2026 labour activity permit rules, tax residence (183 days), choosing a city, renting first, money and banking, healthcare, families, driving and pets, buying a home, costs of the move, documents to bring, first 90 days; under lawyer review - Tracker, Georgia residency rules (updated monthly): https://avi.ge/data/residency-rules-tracker/ - dated, sourced changes to entry, residence, work and insurance rules from 2015 to 2027 (property threshold USD 35,000 -> 100,000 on 5 July 2019 -> 150,000 on 1 March 2026; IT permit 1 September 2025; visitor insurance 1 January 2026; right to work 1 March 2026); CSV download: https://avi.ge/data/residency-rules-tracker/data.csv; under lawyer review - Complete guide, residence permit by property (2026): https://avi.ge/residency/residence-permit-by-property/ - written from the Law on the Legal Status of Aliens and Stateless Persons (Art. 15(j), 16, 21) and the Public Service Development Agency's instructions; threshold, valuation, documents, fees, family, renewal, work permit, tax residence, selling, investment and permanent routes, citizenship; 16 sources; under lawyer review - Explainer, the $150,000 threshold: https://avi.ge/residency/georgia-residency-150-000-property/ - Article 15(j) phrase by phrase (registered property right, immovable thing per Civil Code Art. 149/208, agricultural land incl. homestead category per Organic Law Art. 3(a) excluded, market value strictly above $150,000 in lari equivalent, accredited assessor), what counts (flats, commercial units, houses with non-agricultural plots; several properties combined not confirmed, lawyer checking; off-plan only once registered; shares and company property for the lawyer), worked exchange-rate example (GEL 400,000 = $152,439 at 2.624); under lawyer review - Checklist, residence permit documents: https://avi.ge/residency/residence-permit-documents-georgia/ - the agency's own lists for the owner (7 items) and for spouse and children (7 items, incl. a copy of the owner's permit), document rules from Resolution No 520 Art. 4 (Georgian, certified copies and translations, apostille/legalisation, e-apostille), minors and consent (Art. 3(5)-(6)), online filing with paper within 10 days; under lawyer review - Guide, applying step by step: https://avi.ge/residency/public-service-hall-residence-permit/ - Public Service Development Agency via Public Service Halls, agency offices or online with live video; apply at least 40 calendar days before lawful stay ends (Resolution No 520 Art. 3(4)); fees GEL 300/450/600 for the 30th/20th/10th calendar day from a complete file; additional documents and summons (Art. 13); court appeal within 10 calendar days of service (Aliens Law Art. 21-2; Res. 520 Art. 17 says 1 month); new application not earlier than 1 month after refusal (Art. 13(9)); under lawyer review - Guide, annual renewal: https://avi.ge/residency/renew-residence-permit-georgia/ - the short-term permit is extended one year at a time while ownership continues (Law Art. 16(1)(f)); an owner who keeps the same property is exempt from a new valuation (Art. 16(3)); ends when ownership ends (Art. 21(11)); no replacement rule for the short-term permit; extension online from abroad (Resolution No 520 Art. 3(3)); family renews after the owner; under lawyer review - Explainer, family members: https://avi.ge/residency/family-residence-permit-georgia/ - Art. 15(j) covers spouse and child/children; parents of an adult owner, siblings and unmarried partners need their own ground (Art. 2 definition); investment permit covers spouse, minor child and fully dependent persons (Art. 15(h)); family reunification permit (Art. 15(c)) needs income of at least double the subsistence minimum; agency fee per application; under lawyer review - Guide, investment residence permit: https://avi.ge/residency/investment-residence-permit-georgia/ - property above $300,000 or an investment of at least $300,000 (Art. 15(h)), five years (Art. 16(1)(e)); investment route reports turnover of $50,000 / $100,000 / $120,000 (years 1 / 2 / 3-5, Art. 21(12)); property route keeps the property or a replacement of the same or higher value registered first (Art. 21(13)); permit without a time limit after five years (Art. 15(k), 16(5)); agency list includes a written reference from a member of the Government or three Georgian business representatives; under lawyer review - Guide, accredited valuation: https://avi.ge/residency/property-valuation-residence-permit-georgia/ - only a certified assessor of a body accredited by GAC (Unified National Body of Accreditation, since 2005; ISO/IEC 17020 inspection bodies) can set the market value; steps from extract to signed report; usually 2-3 days after the visit (PB Services); fee set by each firm; report must match the extract, state market value and lari figure; below-threshold options; bank valuations (NBG 2018 instruction) are a different document; no new valuation on renewal (Art. 16(3)); report age and exchange-rate date under lawyer review - Data, residence permit fees and deadlines: https://avi.ge/residency/residence-permit-fees-georgia/ - short-term and investment permit GEL 300 / 450 / 600 for a decision by the 30th / 20th / 10th calendar day, every extension too; permanent GEL 500 / 650; notary certification of a translator's signature GEL 6 for one page down to GEL 2, power of attorney GEL 18 (Res. 507 Art. 31 as amended 2022); right to work GEL 200 / 400; apply at least 40 calendar days before lawful stay ends; paper within 10 days of an online filing; court appeal 10 calendar days (Aliens Law Art. 21-2); reapply after 1 month; residence card GEL 60-150 by speed; each family member pays separately - Explainer, selling the property or a fall in value: https://avi.ge/residency/residence-permit-property-sold-georgia/ - the short-term permit ends when ownership ends (Art. 21(11)), i.e. on registration of the new owner (Civil Code Art. 183), not on signing; gifts, transfers to a company, exchanges and mortgage sales also end it; no replacement rule (only the investment permit, Art. 21(13)): buy and apply on the new property before selling the old; family permits and the visa-free count after termination under lawyer review; a fall in value does not affect renewal (Art. 16(3)); sale gain exempt after 2 years, 5% within 2 years - Explainer, permanent residence: https://avi.ge/residency/permanent-residence-georgia/ - permanent residence permit (right of permanent living, Art. 16(1)(g)) after 10 years on a temporary residence permit, to a citizen's spouse after 5 years, to a minor child of a citizen or a parent of a minor citizen (Art. 15(g)); investors: indefinite-stay permit after 5 years on the investment permit (Art. 15(k)); whether years on the 15(j) property permit count is under lawyer review; fee GEL 500 / 650; no separate right to work needed - Explainer, Georgian citizenship: https://avi.ge/residency/georgian-citizenship-requirements/ - regular naturalisation: last 10 consecutive years of lawful residence (5 for stateless persons and a citizen's spouse), exam in Georgian language, history and law (first attempt free, retake GEL 40, valid 1 year), plus a job, real estate or business in Georgia; fees GEL 65 / 130 / 260 / 390 for 80 / 60 / 40 / 20 days; exception by the President (GEL 500-1,000); decision within 3 months; dual citizenship only by exception or prior consent; no citizenship by investment programme; 2023 reports of five years are outdated - Data, visa-free stay by country: https://avi.ge/residency/georgia-visa-free-stay/ - one year without a visa for citizens of the countries in Ordinance No 255 (89 names in the English text, consolidated 24 Feb 2026: EU, UK, US, Canada, Israel, Gulf states, Turkey, Russia, Ukraine, Central Asia and others); 90 days in 180 for holders of a valid visa or permit of a listed country (Ordinance No 256); Gulf permits for 17 nationalities must be multiple-entry and valid 1 year since 17 Apr 2025; China 30 days per visit since 28 May 2024; insurance for all visitors from 1 Jan 2026; no statutory reset by leaving and re-entering; file a residence permit 40 days before the stay ends; 183 days = tax resident - Explainer, work permit from 2026: https://avi.ge/residency/georgia-work-permit-2026/ - since 1 Mar 2026 (Law on Labour Migration amendments) most foreigners need a right to work (special labour permit; review 30 calendar days or 10 working days) before employment, self-employment or business, then a work residence permit (GEL 300 / 450 / 600, apply within 10 days of the decision); the property permit is NOT an exemption; investment and permanent permit holders and Art. 1(4) remote work are exempt; first violation GEL 2,000 for worker and employer; transition 1 May 2026 (self-employed) and 1 Jan 2027 (registered labour migrants); quota-zero professions; letting your own flats is not work - Guide, IT residence permit: https://avi.ge/residency/georgia-it-residence-permit/ - since 1 Sep 2025 for IT employees, IT entrepreneurs with small business status and managers of international IT companies, with family; 2 years in IT and at least USD 25,000 a year (paid at least twice, 30 days apart); GEL 500 / 750 / 1,000 for decision by day 30 / 20 / 10; 3 years at a time up to 12; ends after 183 days or more abroad in any 12 months; allows work on the right-to-work basis - Comparison, digital nomads: https://avi.ge/residency/digital-nomad-georgia/ - no separate nomad visa; options: visa-free year (insurance from 1 Jan 2026), property permit (above $150,000, no minimum days), investment permit (above $300,000, work allowed), IT permit, work residence permit; Art. 1(4) exempts fully remote work not requiring presence and work for a non-resident's activities abroad, but not Georgian clients; 183 days in 12 months = tax resident; small business status 1% / 3% above GEL 500,000 interacts with the 2026 labour rules - Guide, residence permit refused: https://avi.ge/residency/residence-permit-refused-georgia/ - refusal grounds in Art. 18(1) Law on the Legal Status of Aliens (security/public order, ground ceased, crimes, diseases, forged documents, false or concealed information, Art. 15 requirements not met); avoidable causes: valuation not above $150,000 or not by an accredited assessor, title not in the applicant's name, agricultural land, filing later than 40 calendar days before lawful stay ends, missing apostille/translation, paper not filed within 10 days of an online application; security refusals rest on State Security Service opinions (Public Defender 2017, GYLA court cases); reapply on the same ground after 1 month (Art. 19); court appeal within 10 calendar days of service (Art. 21-2; Res. 520 says 1 month); under lawyer review - Explainer, residence card: https://avi.ge/residency/georgia-residence-card-benefits/ - card certifies citizenship, identity and place of residence and comes with a Georgian personal number (registration law Art. 11-12); visa-free entry to Georgia while the permit is valid (Aliens Law Art. 10(4)); equality with citizens unless law provides otherwise (Art. 25); no right to work, no tax residence, no visa-free travel elsewhere; collect within 1 month (Art. 20(2)); agency card fee GEL 60 / 80 / 100 / 120 / 150 for the 10th / 5th / 3rd / 2nd working day / same day; temporary card valid as long as the permit, permanent 5 years; extension may be filed online from abroad (Res. 520) - Explainer, tax residency vs residence permit: https://avi.ge/residency/tax-residency-vs-residence-permit-georgia/ - separate statuses: permit from the Public Service Development Agency; tax residence under Tax Code Art. 34 = 183 days in any continuous 12 months ending in the tax year (part of a day counts; some days abroad count, some days in Georgia for treatment/leisure do not); resident individuals exempt on non-Georgian-source income (PwC); rent 5% and sale gain 5% regardless of status; certificate from the Revenue Service; 58 treaties (no US, no Russia); high net worth route without 183 days: USD 500,000 assets in Georgia + GEL 3m assets or GEL 200,000 income for 3 years + permit or GEL 25,000 Georgian income - Data, residency rule changes 2019-2026: https://avi.ge/residency/georgia-residency-rules-change/ - 2019 reform passed 30 May, in force 5 Jul 2019 (property $35,000 to $100,000; investment GEL 300,000 to $300,000, five-year permit; work income test; reason given: resale "carousel"); 2022-23 tighter practice (Russian applicants 1 Mar 2022-31 Mar 2023: 10,004 applications, 58% granted, property approvals 51% to 29%); China 30 days 28 May 2024; Gulf rule 17 Apr 2025; IT permit 1 Sep 2025; amendment June 2025 -> more than $150,000 from 1 Mar 2026, existing holders renew while they keep the property (EIG Law); insurance 1 Jan 2026; right to work 1 Mar 2026; 107,307 permits held, 164 countries (Feb 2026); dated list in /data/residency-rules-tracker/ - Guide, retiring in Georgia: https://avi.ge/residency/retire-in-georgia-residence-permit/ - no retirement visa; property permit (more than $150,000) has no income test, no age limit and no minimum stay, covers the spouse, renewed yearly; investment permit 5 years above $300,000; a parent of an adult child is not a family member (Aliens Law Art. 2); resident individuals exempt on non-Georgian-source income (PwC) - pension treatment under accountant review; Universal Healthcare Programme not shown to cover temporary permit holders - plan private insurance; inheritance by first/second line heirs exempt from income tax (Tax Code Art. 82) - Guide, children and school: https://avi.ge/residency/children-school-georgia-residence/ - children covered with the owner (Art. 15(j)), each with own permit and residence card; school from age 6 (by 15 September), grades 1-9 compulsory, 12 grades, Georgian language of instruction (Law on General Education Art. 4, 6, 9); Russian sections (16,228 pupils in 54 schools, 2022-23); public schools funded by state voucher for foreign pupils too; first-grade registration online in spring; recognition of schooling abroad by the National Center for Educational Quality Enhancement GEL 40 / 80 / 120 / 250 by speed; foreign citizens can enter accredited university programmes without the national exams - Comparison, business routes: https://avi.ge/residency/business-residence-permit-georgia/ - no separate business visa; work residence permit for entrepreneurs (Art. 15(a), right to work first since 2026; income at least five times the Geostat subsistence minimum; company turnover at least GEL 50,000 per foreigner, GEL 35,000 in education/medicine; first term 6 months to 1 year); investment permit (at least $300,000 investment with auditor report and reference, 5 years, turnover USD 50,000/100,000/120,000, holders exempt from right to work); IT permit for IT entrepreneurs; property permit only for property in the applicant's own name, not a company's - Explainer, two or more properties: https://avi.ge/residency/multiple-properties-residence-georgia/ - open question: Aliens Law Art. 15(j) and the agency list speak of one property ("an immovable thing") worth more than $150,000, while advisers say a combined portfolio qualifies; under lawyer review; safe route = one property clearly above the threshold; value each unit separately; agricultural land never counts; spouses' property acquired in marriage is joint (Civil Code Art. 1158); only the investment permit has a replacement-property rule (Art. 21(13)) - FAQ, residence permit 40 questions: https://avi.ge/residency/georgia-residence-permit-faq/ - 40 short answers grouped as basics, property, applying, money and time, family, work and business, tax, after the permit; each links to the detailed page; open points: combining properties, card fee on top of permit fee, adult children, property-permit years towards permanent residence - Invest & money: https://avi.ge/invest/ - yields, Tbilisi vs Batumi, renting out, banks, transfers, taxes - Places: https://avi.ge/places/ - districts of Tbilisi, zones of Batumi, resorts - New builds: https://avi.ge/new-builds/ - checking a developer, black/white/green frame, construction stages - Living in Georgia: https://avi.ge/living/ - moving, cost of living, schools, healthcare - By country: https://avi.ge/from/ - country-specific guides (Israel, Gulf, Russian-speaking countries, EU, UK, USA, India, China, diaspora) - Comparisons: https://avi.ge/compare/ - Georgia vs Dubai, Turkey, Cyprus, Montenegro, Greece, Portugal, Spain - Comparison, Georgia or Dubai: https://avi.ge/compare/georgia-vs-dubai-property/ - price per m2 (Tbilisi $1,398 white frame, Batumi $1,960 turnkey vs Dubai about $5,712, AED 1,949 per sq ft Q1 2026); residence (Georgia above $150,000 / $300,000 vs Dubai 10-year visa from AED 2 million, fee AED 9,984.75); costs (no transfer tax, GEL 150 registration, notary about GEL 1,450 on $300,000 vs DLD 4% plus fees, about $13,300); tax on rent (5% vs outside UAE corporate tax for individuals, Cabinet Decision 49/2023); yields 8.6% / 7.1% / 8.5%; market size; exit; who it suits - Glossary: https://avi.ge/glossary/ - 60 real estate terms in five languages - Tools: https://avi.ge/tools/ - residence permit checker, buying cost and rental yield calculators - Data & reports: https://avi.ge/data/ - price and rent indexes, quarterly reports, residency rules tracker - Developers: https://avi.ge/developers/ - developer profiles with verifiable facts only, no ratings - Project reviews: https://avi.ge/projects/ - independent reviews, only after a site visit Company pages (all five languages): - Services overview: https://avi.ge/services/ - nine services and three packages (Essential, Remote, Turnkey); written quote before any work; the purchase price never passes through AVI Estates' account - About us: https://avi.ge/about/ - Team: https://avi.ge/team/ - roles: lead adviser, property adviser, partner lawyer (reviews legal and residency pages), accountant (reviews tax pages), market analyst - Partner accountant (reviewer profile): https://avi.ge/authors/accountant/ - reviews every page stating a Georgian tax rate, exemption, filing date or tax calculation against the Tax Code (Art. 34, 81, 82, 134, 201-206, 88-90) and Revenue Service practice; six money pages wait for this review; open questions (short-stay letting tax outside the fixed regime, small business status for letting, non-resident access to rs.ge, family income test, property tax base, treaty relief); owner's tax calendar (1 April, 1 November, 15 November); does not advise on home-country tax; name and certification to be added - Author profiles: https://avi.ge/authors/founder/ (founder and lead adviser, author of most guides), https://avi.ge/authors/agent/ (property adviser: viewings, video tours, handover, district and project pages), https://avi.ge/authors/lawyer/ (partner lawyer: reviews legal, residency and tax pages and the site's own legal pages). Names, photos and credentials are not yet published; pages describe the role and the fact-checking method. - Editorial policy: https://avi.ge/editorial-policy/ - source hierarchy (matsne.gov.ge, napr.gov.ge, Public Service Hall, rs.ge, nbg.gov.ge, Geostat; then Colliers Georgia, Galt & Taggart, TBC Capital), every number sourced and dated, lawyer review, AI used only for drafting with human verification, corrections logged - Independence: https://avi.ge/independence/ - no paid rankings, profiles or reviews; developer right of reply; fee agreed in writing; third-party payments disclosed before the client decides - Prices and fees: https://avi.ge/pricing/ - our fee separated from third-party costs (notary, certified translator, valuer, Public Registry, state fees, bank); first consultation free; price list to be published - Contact: https://avi.ge/contact/ - WhatsApp/phone +995 501 113 200, info@avi.ge, office 115 Davit Aghmashenebeli Ave, Tbilisi; reply within one working day - Book a free consultation: https://avi.ge/book-consultation/ - Newsletter: https://avi.ge/newsletter/ - rule changes, new guides, market data; no daily mail - Report an error: https://avi.ge/report-an-error/ - corrections are checked against the source and logged in the page's change log - Client reviews: https://avi.ge/reviews/ - review rules only so far (clients only, no payment, critical reviews published, words unchanged, withdrawal at any time); no reviews published yet and no star rating; how to judge agency reviews in Georgia - Careers: https://avi.ge/careers/ - authors, language editors (ka, ru, he, ar), fact-checkers and specialist reviewers; work from primary sources; contributor rules; how to apply (info@avi.ge, two samples, one sourced answer); open roles and rates to be published by the owner - Site map: https://avi.ge/sitemap/ - every published page by section, regenerated with each publication; address rules for the five languages - Privacy policy (draft under lawyer review): https://avi.ge/privacy/ - Law of Georgia on Personal Data Protection (in force 1 March 2024) and GDPR; forms open WhatsApp and store nothing on the site; no tracking cookies - Terms of use (draft under lawyer review): https://avi.ge/terms/ - information and estimates, not advice; quote with attribution; law of Georgia - Cookie policy (draft under lawyer review): https://avi.ge/cookies/ - no cookies set by the site, three local-storage preferences (language, closed language hint, checklist ticks), Google Fonts request, no analytics installed - Disclaimer (draft under lawyer review): https://avi.ge/disclaimer/ - general information, estimates, no guarantee of residency, income or price; services governed by a written agreement - AML/KYC policy (draft under lawyer review): https://avi.ge/aml-policy/ - AML law No 5226-Is of 30 October 2019 (Georgian consolidated text 1 April 2026): obliged entities in Art. 3 are banks and other financial institutions, lawyers and notaries (for real estate sale, purchase or gift), accountants, auditors, gambling organisers, precious-metal dealers, the Public Registry and the Revenue Service; real estate agents are not listed (MONEYVAL follow-up report, 7 May 2024, notes the same gap); measures apply above GEL 15,000 per transaction or GEL 3,000 per transfer (Art. 11), beneficial owner 25% (Art. 13), records 5 years (Art. 27); border cash above GEL 30,000 declared; AVI applies voluntary identity, source-of-funds, PEP and UN sanctions checks; purchase money never passes through AVI (owner to confirm) Status (11 October 2026): the hubs are live with their planned topics listed; individual guides are being published and are added to the hubs, the sitemap and search-index-.json as they go live. ## Key facts for foreign buyers (checked 2026-10-11) - Foreigners can buy residential and commercial property in Georgia on the same terms as citizens. Agricultural land is reserved for Georgian citizens. - Since 1 March 2026 a foreigner who owns non-agricultural property in Georgia worth more than $150,000 (exactly $150,000 is not enough) can apply for a one-year residence permit, renewed yearly while the property is kept. Whether several properties can be added together is not confirmed (the law speaks of one property); the permit also covers spouse and children; it ends when ownership of the property ends (Art. 21(11)); an owner who keeps the same property does not need a new valuation to extend it (Art. 16(3)). Previous threshold (2019 to February 2026): $100,000. - Legal basis of the property route: Law of Georgia on the Legal Status of Aliens and Stateless Persons, Article 15(j): market value above $150,000 equivalent in GEL, non-agricultural, established by a certified assessor of an accredited body; one-year term (Art. 16); terminates when ownership terminates (Art. 21(11)). Source: matsne.gov.ge/en/document/view/2278806, consolidated 25 June 2026. - State fee for the short-term and investment residence permits: GEL 300 / 450 / 600 for a decision within 30 / 20 / 10 days (Public Service Development Agency, sda.gov.ge, checked 11 October 2026). - A five-year investment residence permit requires an investment of at least $300,000, or ownership of non-agricultural property worth more than $300,000 (Art. 15(h)). - Permanent residence: among other grounds, after 10 years on temporary permits (Art. 15(g)). Citizenship by naturalisation: 10 consecutive years of lawful residence plus language, history and law knowledge and a job, property or business in Georgia (Organic Law on Georgian Citizenship, Art. 12, consolidated 7 March 2025; some secondary sources report a shorter period, under lawyer review). - Visa-free stay of one full year for citizens of countries listed in Government Ordinance No 255 (includes Israel, UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, Russia, Ukraine, Kazakhstan, EU, UK, USA). - From 1 March 2026 most foreign nationals without permanent residence need a labour-activity permit to work; investment permit holders are among the reported exemptions; property-based short-term permit holders are not listed as exempt in the sources checked. - Buying: foreigners buy residential and commercial property on equal terms; agricultural land is reserved for citizens (Constitution Art. 19(4)). Ownership passes when the Public Registry registers a written transaction (Civil Code Art. 183). Registration fee GEL 150 (4 working days), 270 (1 day), 350 (same day); registering a preliminary ownership right for an off-plan unit is charged the standard fee; the fee list's free entry covers only property in the occupied territories (napr.gov.ge, checked 13 October 2026). No separate transfer tax or stamp duty; VAT 18% only where the seller is VAT-registered (MB Legal, Chambers 2026). - Tax (Tax Code of Georgia, consolidated to 1 April 2026): no transfer tax; residential rent let for living in taxed at 5% without deductions (Art. 81(2)), general rate 20% (Art. 81(1)); company tenants withhold tax on rent paid to non-residents (Art. 134(1)(d1)); gain on a home with its land sold after more than 2 years exempt (Art. 82(1)(f.a)), within 2 years 5% (Art. 81(3)); property tax only if family income exceeded GEL 100,000 (Art. 206(1)(a) as amended by Law No 1874 of 30 September 2026), rate 0.8%-1% of market value (Art. 202(5)), return by 1 November, payment by 15 November (Art. 205); gifts and inheritance to first and second line heirs exempt (Art. 82(1)(g)). All under accountant review. - Property law: a registered foreign owner has the same rights as a Georgian owner (Civil Code Art. 170). The register is presumed accurate in favour of a buyer who did not know of a defect and where no complaint is registered (Art. 185, 312). Co-owners have a pre-emptive right on any share (Art. 173(4)). A buyer of a rented flat takes the landlord's place (Art. 209). Contractual claims relating to immovable property: 6-year limitation (Art. 129). Heirs must accept an estate within 6 months (Art. 1424); children, parents and spouse keep a compulsory share of half their intestate share (Art. 1371). Civil Code consolidated 25 June 2026, matsne.gov.ge/en/document/view/31702. - Tax residence is separate from the residence permit: 183 days or more in any continuous 12-month period ending in the tax year. - Work permits for foreign employees became mandatory from 1 March 2026. A three-year IT residence permit was introduced in September 2025. - Market 2025: over 59,000 apartment sales worth $4.3 billion in Tbilisi and Batumi (+7% y/y); Tbilisi 42,267 transactions, Batumi 17,052 (Colliers Georgia). - Foreign buyers made 52% of developer sales in Batumi in 2025 (Galt & Taggart). About 90% of Tbilisi buyers are Georgian citizens (Colliers Georgia). - Average prices Q1 2026 (estimates, Colliers Georgia): Tbilisi $1,300 to $1,500 per m2 depending on apartment type; Batumi above $1,600 per m2. 87,000 apartments under construction in Tbilisi. - Market 2025 to 2026 (Galt & Taggart): Tbilisi gross rental yield 8.6% (Dec 2025), rent $9.8 per m2, primary price $1,373 per m2 (+4.0% y/y), secondary $1,316 (+7.9%), 42,388 sales; forecast single-digit price growth in 2026. Batumi: $1,865 per m2 turnkey primary (2024: $1,699), 17,478 sales (+15%), gross yield 7.4% (2024: 8.8%), average daily rate $35.6, about 12,400 unsold units in surveyed projects (+14%), price growth forecast 4-6% a year. - Economy: real GDP growth 7.5% in 2025 (Geostat); inflation 5.6% in September 2026, NBG policy rate 8.25% (held 21 October 2026); official rate 2.624 GEL per USD on 5 August 2026; 7.8 million international travellers and 5.5 million tourism visits in 2025 (Geostat). - Letting (Civil Code, consolidated 25 June 2026): security deposit at most three months' rent, payable in three monthly instalments, interest accrues, contrary terms void (Art. 552); notice period three months unless agreed (Art. 561); landlord ends a home tenancy only for valid reasons, but a furnished apartment may always be ended with notice (Art. 562); early termination after three months' unpaid rent (Art. 558); no sublet without consent (Art. 549); tenant may leave early with one month's notice and an acceptable replacement (Art. 555); buyer of a let flat takes the landlord's place (Art. 209). Optional fixed income tax for short-stay accommodation (GEL 10 per m2 a month, Tax Code Art. 309(24)-(26)) from 1 Jan 2023, extended by Law 1061 to 1 Jan 2028; treatment outside it under accountant review. - Tbilisi (Galt & Taggart, December 2025 data published 30 January 2026): weighted average rent per m2 a month: Vake $14.2, Mtatsminda $12.0, Saburtalo $11.3, Krtsanisi $10.5, Isani $10.2, Chughureti $9.9, Nadzaladevi $9.4, Vashlijvari $9.3, Didi Dighomi $8.5, Didube $8.5, Samgori $8.4, Gldani $8.4. 2025 sales by size: 51-80 m2 53.0%, 35-50 m2 25.5%, 81-150 m2 19.6%; by segment: under $1,100 per m2 56.6% (72.2% in 2023), $1,101-2,000 37.7%. Gross yield 8.6% vs Tallinn 3.6%, Riga 4.4%, Sofia 4.5%, Baku 5.3%, Yerevan 6.6%, Ankara 8.9%, Astana 9.0%. Population 1,369.4 thousand on 1 January 2026 (Geostat). - Batumi (Galt & Taggart 2Q26 report, 14 August 2026): turnkey primary price $1,960 per m2 in June 2026 (+9.8% y/y), secondary $1,497 (+6.5%); 4,168 sales in 2Q26 (+3.7%); ADR $34.6 (-4.2%); gross yield 7.1% (8.8% in 2024) vs Limassol 7.0%, Antalya 6.9%, Varna 4.9%, Dubai 8.5%. Zones (turnkey price per m2, 2Q26 sales): Old Batumi $3,239 (349), Gonio-Kvariati $2,228 (83), Alley of Heroes $2,166 (979), Makhinjauri $1,983 (311), New Boulevard area $1,800 (1,664; rent $12.3 per m2), peripheral $1,744 (360), inner areas $1,672 (422). 1H26 sales 8.2 thousand worth $651 million. Airport 1,230,200 passengers in 2025. About 2,560 mm of rain a year (Adjara tourism department). - New builds (Spatial Planning Code, consolidated 25 June 2026): construction permit in two stages (land-use terms, then permit) or three with prior design approval (Art. 101, 108); decision within 20 working days (Art. 107); new permit needed if construction is unfinished when the permit expires (Art. 112); buildings in five risk classes (Art. 96); a building may not be operated, and may not receive electricity or gas except for construction, before its commissioning act (Art. 139.1); architects and structural engineers must be certified (Art. 140). Preliminary ownership right on an off-plan apartment registered by NAPR at the standard fee (free only in the occupied territories). Tbilisi City Hall map of commissioned buildings and suspended sites launched November 2025. - Resorts (Galt & Taggart via Georgia Today, 3Q 2024, latest resort-level data found): Gudauri 64 sales (-34.7%), $1,417 per m2, small units 76.9%; Bakuriani 352 sales (+51.1%), $1,035 per m2, small units 78.6%. Kobuleti 2Q 2026: 167 sales, $1,731 per m2 turnkey (+9.3%). Gudauri base about 2,196 m, top lift 3,279 m, 76+ km of runs, season December to April; Bakuriani about 1,700 m, Didveli top lift 2,702 m, hosted the 2023 FIS Freestyle and Snowboard World Championships and the February 2025 European Youth Olympic Winter Festival. - Visitors: since 1 January 2026 foreigners entering Georgia as tourists (business, leisure or personal purposes, at least one night, at most one year) must hold health and accident insurance (Law on Tourism Art. 12 and Government resolution); minimum coverage reported as GEL 30,000 for the whole stay; reported exemptions include people employed in Georgia and directors of Georgian companies. - Legal, tax and residency pages are reviewed by a partner lawyer; until then they carry a visible "being reviewed" notice. ## Services - Property search, viewing trip, legal due diligence, remote purchase by power of attorney, bank account, residence permit, renovation and furniture, rental management, resale. Prices are agreed in writing before work starts. - Property search: https://avi.ge/services/property-search/ - written brief, market screen including unadvertised stock, screening visits, shortlist of 5 to 10 properties with cadastral code and a frank "what is wrong with it" note; any third-party payment disclosed on the list - Viewing trip: https://avi.ge/services/viewing-trip/ - airport pickup, 1 to 3 days of viewings with the district and building, written notes each evening; hotel and flights are the client's own costs - Legal due diligence: https://avi.ge/services/legal-due-diligence/ - partner lawyer reads the Public Registry extract, seller's authority, history, developer's land rights and permit, the contract and the land category; written summary with a sign / do-not-sign conclusion (page under lawyer review) - Remote purchase: https://avi.ge/services/remote-purchase/ - narrow power of attorney naming the property by cadastral code and excluding money, legalisation, live video viewing, signing with the lawyer present, payment bank to bank, registration in the client's name (page under lawyer review) - Bank account: https://avi.ge/services/bank-account/ - non-resident account opening, source-of-funds file, following the purchase transfer; not legally required for ownership; no payment from banks to AVI Estates - Residence permit service: https://avi.ge/services/residence-permit/ - eligibility check (ownership, $150,000 appraised non-agricultural value since 1 March 2026, land category, legal stay), appraisal, file, legalised family documents, filing at the Public Service Hall, yearly renewal; the permit is decided by the state (page under lawyer review) - Renovation and furniture: https://avi.ge/services/renovation-and-furniture/ - design brief, contractor quotes against one scope, milestone payments from the owner's account, weekly photo reports, defects list before final payment; no margin on contractors - Rental management: https://avi.ge/services/rental-management/ - long-term, short-term or seasonal; screening, lease under power of attorney, deposit and inventory, bills paid from rent, monthly statement with receipts; income is never promised - Resale: https://avi.ge/services/resale/ - checks residence permit, tenancy and encumbrances first; valuation with reasoning; preparation; every offer passed on in writing; bank-to-bank payment; documents for moving proceeds abroad - Packages: https://avi.ge/services/packages/ - Essential (search, legal check, purchase in person), Remote (adds power of attorney, bank account, residence permit application), Turnkey (adds renovation, furniture, first year of rental management) - Service prices: on request until the owner publishes the price list; third-party costs (notary, translator, appraiser, registry, banks) are paid directly by the client without margin ## Tools - Residence permit eligibility checker: https://avi.ge/tools/residency-eligibility-checker/ - adds up to three non-agricultural property values, removes agricultural land, strict "exceeding" test against $150,000 (short-term permit, 1 year, Art. 15(j)) and $300,000 (investment permit, 5 years, Art. 15(h)), agency fee GEL 300/450/600, notes on registration, the old $100,000 rule, family and the right to work; short version on the home page; under lawyer review - Full buying cost calculator: https://avi.ge/tools/buying-cost-calculator/ - Public Registry fee (GEL 150/270/350) converted at the official rate, VAT only where applicable, the user's own quotes for lawyer, notary, valuation, agent and bank, fit-out; no transfer tax - Rental yield and ROI calculator: https://avi.ge/tools/rental-yield-calculator/ - gross and net yield, empty months, management, repairs, building charges, 5% rent tax (Tax Code Art. 81(2)), payback and total return with an assumed price change; defaults = Galt & Taggart Tbilisi December 2025 averages - Instalment plan calculator: https://avi.ge/tools/installment-calculator/ - down payment, monthly instalments, final payment at handover, total paid vs the price if paid in full, and the effective annual cost of the plan (e.g. a 5% full-payment discount forgone over 24 interest-free months = about 6.5% a year) compared with the user's deposit rate (default 2.6%, USD deposits Dec 2025); developer plans are not regulated as loans (Sovanews, 8 Oct 2026) - Mortgage calculator: https://avi.ge/tools/mortgage-calculator/ - USD or GEL; annuity payment, loan-to-value, total interest, payment-to-income and a +2 point stress test; July 2026 averages for new mortgages 7.7% foreign currency, 11.4% lari (NBG data); NBG limits: LTV 90% lari mortgages (Feb 2025), 80% for income from abroad, 70% other FX loans (2019); PTI cap 25% below GEL 1,500 a month (GEL 2,000 from 1 Feb 2027, GEL 2,500 from 1 Sep 2027); from 1 July 2026 loans up to GEL 1,000,000 only in lari for Georgian citizens earning in lari (non-citizens exempt) - Airbnb and short-stay income calculator: https://avi.ge/tools/airbnb-income-calculator/ - nightly rate x occupancy minus platform fee (Airbnb single host fee 15.5%), cleaning per stay, management, utilities, building charges, tax; net yield and occupancy needed to cover fixed costs; defaults Batumi 2025 (Airbtics: $43, 54%; Tbilisi $41, 63%), Galt & Taggart Batumi ADR $34.6 (2Q26, -4.2% y/y), Batumi listings +45% in 2025; default example: 10.8% gross, about 4.0% net; tax on nightly lets since 2026 unsettled (5% default, 20% shown) - Developer checklist: https://avi.ge/tools/developer-checklist/ - 20 yes / no / not-yet checks on the company, land and permit, money and contract, and after completion; four land and permit checks stop a purchase; lists open points; answers kept only in the reader's browser - Contract checklist: https://avi.ge/tools/contract-checklist/ - choose a sale contract (14 clauses) or a developer contract (12 clauses); each line shows what the weak version looks like; four core clauses each (sale: owners signing, cadastral code, payment released on registration, burdens cleared; developer: builder/land/permit, unit on an approved plan, delivery date with penalty, exit with refund and assignment); answers kept only in the reader's browser - Quick purchase cost and yield calculator on the home page: https://avi.ge/#calculator ## Contact - WhatsApp / phone: +995 501 113 200 - Email: info@avi.ge - Office: 115 Davit Aghmashenebeli Ave, Tbilisi, Georgia - Hours: Mon to Sat 10:00 to 19:00 Tbilisi time (UTC+4) ## Sources used on the site so far - Colliers Georgia via CBW: https://cbw.ge/real-estate/there-are-currently-87000-apartments-under-construction-in-tbilisi-colliers-georgia - Colliers Georgia via GBC: https://gbc.ge/en/news/Economics-news/record-year-for-georgias-real-estate-market-43-billion-in-apartments-sold-in-tbilisi-and-batumi - Galt & Taggart via GBC: https://gbc.ge/en/news/Economics-news/batumi-residential-real-estate-market-grows-15-in-2025-galt-taggart - Residence permit threshold change: https://www.imidaily.com/europe/georgia-to-hike-property-based-investor-visa-to-150000-next-month/ and https://eiglaw.com/georgia-to-increase-real-estate-investment-threshold-for-residence-permits-effective-march-1-2026/ ## Machine-readable - Sitemap: https://avi.ge/sitemap.xml - Search index per language: https://avi.ge/search-index-en.json (also -ka, -ru, -he, -ar)