Property Rights Index in Georgia compared to Asia

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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Singapore 97
Hong Kong 94
Japan 89
Taiwan 86
Malaysia 85
South Korea 78
Brunei 63
Bhutan 60
Macau 60
Kazakhstan 56
Armenia 55
India 55
Georgia 55
Mongolia 51
Thailand 51
Kyrgyztan 51
Azerbaijan 50
Vietnam 50
Philippines 49
China 48
Indonesia 48
Sri Lanka 48
Uzbekistan 48
Tajikistan 45
Maldives 45
Cambodia 42
Nepal 37
Pakistan 36
Laos 35
Bangladesh 35
Turkmenistan 32
North Korea 32
Afghanistan 13
Timor-Leste 7