Georgia’s property tax system is expected to change during the autumn parliamentary session, before the November 1 declaration deadline. Parliamentary Finance and Budget Committee Chair Paata Kvizhinadze says four possible models are currently being considered, although no final decision has been made on the new threshold or the overall structure.
Under the current system, households with annual income of up to GEL 40,000 are exempt. Those earning between GEL 40,000 and GEL 100,000 may pay up to 0.2% of the taxable property value, while households earning more than GEL 100,000 may pay up to 1%, with the exact rates determined by local municipalities. Kvizhinadze says the government is considering either simply raising the GEL 40,000 threshold or introducing a broader reform.
The Finance Ministry is working with Parliament on the issue, including financial assessments and research. According to Kvizhinadze, all proposed models will seek to preserve tax relief for lower-income households. The final configuration is expected to be announced once the analysis is completed.
In 2025, individuals paid GEL 120.8 million in property taxes, 30% more than a year earlier. Of this, GEL 86.1 million came from property tax on individuals, GEL 22.3 million from agricultural land and GEL 12.4 million from non-agricultural land. Property tax revenues are directed to local municipal budgets, and eligible individuals must generally pay the tax by November 15.
