The Big Picture: Why Georgia?
Tax Comparison: Georgia vs Israel vs Europe
| Tax Type | Georgia | Israel | Germany |
|---|---|---|---|
| Purchase Tax | 0% | 8-10% | 3.5-6.5% |
| Annual Property Tax | 0-0.2% | 1-2% | 0.3-1% |
| Capital Gains (2+ yrs) | 0% | 25% | 25% |
| Rental Income | 5% | 10-31% | 14-45% |
The VAT Refund: Getting 18% Back
How It Works
- 1.Purchase new construction (includes 18% VAT in price)
- 2.Register as foreign buyer with Georgian tax authority
- 3.Submit VAT refund application before exiting Georgia
- 4.Receive 18% refund to your bank account (2-4 weeks)
Important: VAT refund only applies to new construction, not resales. Proper documentation is critical - we coordinate with local tax advisors to ensure smooth processing.
Frequently Asked Questions
Frequently Asked Questions
No! Georgia has 0% purchase tax on real estate transactions. Unlike Israel (8-10%) or most European countries (2-10%), you pay zero tax on the property purchase itself. This alone can save €20,000-50,000 on a typical investment property.
Plan Your Georgia Investment
Get expert guidance on tax-efficient Georgia property investment. From Israeli equity release to Batumi acquisition.
Legal Disclaimer
The data and returns presented are for illustrative purposes only and are based on past performance or market estimates. This information should not be considered as a guarantee of returns, investment advice, or a substitute for individual tax advice. Real estate investment involves risks, including regulatory changes, currency fluctuations, changes in property condition, and local market conditions. RealFix does not guarantee the displayed returns and is not responsible for losses resulting from investment. It is recommended to consult with a Certified Public Accountant and tax consultant before making investment decisions. E&OE.