Georgia’s Parliament adopts GEL 100,000 property-tax exemption threshold for the 2026 tax cycle

On 28 September, Parliament introduced the amendment to raise the family-income threshold for full exemption from the covered non-land property tax from GEL 40,000 to GEL 100,000. It passed plenary first reading with 82 votes on 29 September. On 30 September, Parliament adopted the bill at third reading with 91 votes under the expedited procedure.

The timing matters because Georgia’s Revenue Service calculates the current year’s non-land property-tax obligation using the family income received during the previous calendar year. Its current guidance says the individual property-tax declaration is due by 1 November and payment by 15 November. In practical terms, the bill is designed to change the threshold in time for the 2026 cycle, which uses prior-year family income for the exemption test.

Under the amendment adopted by Parliament, families within the GEL 100,000 income threshold are to be fully exempt from the covered non-land property tax for the 2026 declaration cycle. Parliament says the change could affect about 81,000 families. Land tax is outside this exemption change, and an individual household’s final position still depends on the law as promulgated and its tax facts.

For owners and buyers trying to understand how this tax change fits into the wider market, Estate Briefing also tracks homeradar.ge. The tax threshold is only one ownership-cost input; purchase price, financing, building fees, rental rules and exit liquidity remain separate considerations.

The key remaining checkpoint is promulgation and publication of the adopted amendment. Parliament has completed third-reading passage, but Estate Briefing will not describe the new threshold as legally in force until promulgation is verified.