Is there a tax on inheritance and gifts in Georgia?
Who is exempt from income tax and up to what amount.
Short answer
Property received as a gift or by inheritance by first and second line heirs is exempt from income tax in Georgia. For other recipients the exemption covers up to 150,000 GEL per tax year (Tax Code, Article 82).
Why
- The exemptions are listed in Article 82 of the Tax Code of Georgia.
- First and second line heirs have no limit (paragraph 1, item g).
- For other recipients the limit is 150,000 GEL per tax year (item i).
Details
Article 82 (paragraph 1) of the Tax Code lists income not subject to income tax. Item g covers the value of property received as a gift or by inheritance by first and second line heirs during a tax year. Item i exempts the value of property up to 150,000 GEL received as a gift or by inheritance during a tax year. For buying property, see How can a foreigner buy an apartment in Georgia? and for the general overview: What are the taxes and VAT in Georgia?
Tip
Keep the gift or inheritance documents (contract, certificate), because they show which recipient category applies to you.
What may differ
The exemption concerns income tax under Article 82; other costs (notary, registration) are not covered here. Rules change; the edition on matsne.gov.ge was checked on 10 November 2026.
Common misconception
Inheritance and gifts in Georgia are always taxed.
What actually happens
No: Article 82 of the Tax Code exempts gifts and inheritance of first and second line heirs, and up to 150,000 GEL a year for others.
People also ask
- Do you pay tax on a gift in Georgia?
Sources
- Tax Code of Georgia (matsne.gov.ge)Checked at:
This answer is for reference only and is not legal advice. Rates and rules change, so check rs.ge.
Taxes in Georgia: rates and rulesRelated questions
-
Where can you find a coworking space in Tbilisi and Batumi?
Both cities have coworking spaces: Georgia's Innovation and Technology Agency (GITA) takes online bookings, and private spaces are collected in the Madloba catalog.
-
Do you pay tax when selling an apartment or a car in Georgia?
Tax on selling an apartment is due if you owned it under 2 years, and on selling a car if under 6 months have passed since title registration.
-
Is there a property tax in Georgia?
Georgia has a property tax that individuals pay on the market value of real estate, with the rate depending on annual family income.
-
What tax do you pay on renting out an apartment in Georgia?
An individual pays 5% income tax on rent from letting out a home for residential use when no expenses are deducted from that income.