Georgia plans to lift the property-tax income threshold from GEL 40,000 to GEL 100,000

Georgia Today reported on 15 September 2026 that the parliamentary majority leader, Irakli Kirtskhalia, said the income level at which people start paying property tax will rise from GEL 40,000 a year to GEL 100,000. The lower GEL 40,000 band is to be scrapped entirely, so the tax would remain only for those with annual income of GEL 100,000 or more. The bill is to go through an accelerated procedure together with the Finance Ministry, with 1 October 2026 named as the start date, and about 81,000 citizens are expected to drop out of the tax. This is an announcement of a bill, not yet the final law — the details are worth rechecking once it is adopted.

According to Relocation.ge's guide (last reviewed 31 August 2026), individuals are taxed on the market value of their taxable property at the end of the tax year, and the rate depends on household income. Below GEL 40,000 there is no tax; between GEL 40,000 and GEL 100,000 the rate is 0.05%–0.2%; above GEL 100,000 it is 0.8%–1%. Taxable items include buildings and apartments, cars, yachts, boats and aircraft, while land is taxed separately at fixed amounts per hectare or square metre. The declaration and the payment are both due by 15 November.

If the bill passes as described, households in the middle band — income between GEL 40,000 and GEL 100,000 — would stop owing the small 0.05%–0.2% charge. Nothing reported so far changes the higher 0.8%–1% band above GEL 100,000. Georgia Today notes that the test is based on gross income before deductions, and that a monthly take-home pay of about GEL 2,600 or more already pushes a person over the current GEL 40,000 line — which is why the old threshold had been catching ordinary salaried owners.

Relocation.ge describes the rules as turning on residence and household income rather than nationality, so a foreigner who lives in Georgia is treated like anyone else; non-residents are covered by different rules, and the guide recommends confirming those directly with the Revenue Service. Practically: note the 15 November deadline, wait for the final text of the amendment before assuming you are exempt, and keep a record of the income figure your household is assessed on.