Taxes in Georgia

A residence in Batumi can serve several purposes: a home by the sea, a place for personal stays or participation in a managed rental programme. At FK Development, we help you explore the residence and purchase terms that fit those plans. Tax planning brings the ownership structure, intended use and full budget together. This guide outlines the main areas to discuss with your independent adviser.

Start with the owner and intended use

Your personal or company ownership structure, tax residency and use of the residence shape the tax assessment. Georgian obligations and any reporting in your country of tax residence belong in the same plan. Citizenship is one part of that context; the treatment of ownership and rental income depends on the applicable rules and your circumstances.

Connect the rental model to owner income

Personal letting, short-stay accommodation and a managed rental pool have different arrangements to assess. Your adviser assesses how receipts are classified, who handles reporting or withholding, and which expenses apply, with the management terms as part of that review. Projected gross rental returns describe income before the relevant deductions; net owner income reflects applicable costs and taxes.

Build the ownership budget

A complete budget combines the purchase price and included taxes or fees with recurring expenses: building charges, management deductions, utilities, insurance and furniture-replacement reserves where applicable. Property-tax assessment, filing requirements, relief and VAT treatment are separate points for your adviser. Any tax relief applies within that broader ownership budget.

Plan the sale and residency separately

The tax treatment of a future sale depends on the ownership period, asset type and applicable rules, alongside selling costs. Immigration residence permission follows a separate application process; tax residency has its own criteria. Each calls for an individual assessment alongside the property purchase.

Prepare for your adviser

The purchase agreement, title information, payment schedule, management terms and projected distributions provide the basis for a written assessment of your circumstances. The Georgia Revenue Service publishes official guidance, and the Tax Code of Georgia provides the legislative reference. Discuss the residence offer with our team and the tax assessment with your adviser before committing.