Rental Income Tax in Georgia compared to Asia
Georgia: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: $1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
Philippines, Manila | 25.00% |
Singapore | 24.00% |
South Korea, Seoul | 22.00% |
Japan, Tokyo | 20.42% |
China, Beijing | 20.00% |
Taiwan, Taipei | 18.00% |
Hong Kong | 15.00% |
Indonesia, Jakarta | 10.00% |
Malaysia, Kuala Lumpur | 10.00% |
Vietnam, Hanoi | 10.00% |
India, Mumbai | 10.00% |
Thailand, Bangkok | 7.24% |
Georgia, Tbilisi | 5.00% |
Georgia real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- National Statistics Office of Georgia
- SS
- Geostat