The property tax floor moved to ₾100,000 — and payment falls due 15 November

Until this autumn a Georgian household owning property had two income lines to worry about. Cross ₾40,000 of family income in the previous calendar year and the property tax applied, at a municipal rate somewhere between 0.05% and 0.2% of market value. Cross ₾100,000 and the rate jumped to between 0.8% and 1%. The lower line is now gone. Regfollower, which tracks tax legislation, reports that the amendments were introduced on 28 September 2026 and took effect on 30 September, leaving ₾100,000 as the only threshold in the system. Households below it owe nothing on their taxable non-land property.

Revenue Service head Mamuka Baratashvili told OC Media before the vote that the change would take 81,000 families out of the tax and save them a combined ₾22 million, about $8.5 million. That is a projection from the tax authority rather than a counted outcome, and worth reading as such. Nothing changed for owners above the line: the 0.8% to 1% band stands as it was. Economist Paata Bairakhtari pointed out to the same publication that the ₾40,000 figure dated from 2005, by which point a couple each earning ₾2,000 a month was already caught by it — which is the plainest argument for why 81,000 households were in a tax that was never designed for them.

Georgia's property tax calendar has two fixed dates: the annual return is due by 1 November, and property tax and land tax are paid by 15 November. Filing early does not move the payment date. The 1 November date has now passed; 15 November has not. Owners who believe the new threshold takes them out of the tax should still confirm it rather than assume it, because the exemption is written against taxable non-land property and land tax sits outside it. Non-agricultural land is charged on area, at ₾0.24 per square metre a year multiplied by a municipal coefficient that cannot exceed 1.5, and is assessed on whoever held or used the land on 1 April.

Two things are worth flagging for anyone letting a flat. First, the income test is on family income, not salary, and advisers writing before the amendment described it as capable of taking in rent, interest, business income and dividends — so a landlord's position depends on the whole picture, not the payslip. Second, none of the coverage above addresses non-resident owners, and the pre-amendment guidance was already careful here: Georgian property can stay inside the property tax system even when the owner lives abroad, and a specific Tax Code rule determines a non-resident Georgian citizen's income by reference to Georgian-source income. There is also a reporting inconsistency worth knowing about: Regfollower's summary line says the change applies to the 2026 tax period while its body says the 2025 returns, and OC Media reported the Revenue Service as saying 2025. The statute on matsne.gov.ge, or the Revenue Service directly, is where that gets resolved.