A comprehensive overview of insurance, taxation, education and property management conditions for residents and investors in Georgia.
Property Insurance
How it works
In Georgia, buildings are generally not covered by insurance – coverage is on an individual apartment basis, assessed case by case. Each owner secures their own policy independently.
STARTING FROM / MONTH
Monthly rate begins at $3 per sq. metre. A typical 40 m² apartment costs approximately $10/month.
Check pricing and purchase insurance online through Aldagi Online Property Insurance – Georgia’s leading provider with transparent digital pricing and policy management.
Medical Insurance
STARTING FROM / MONTH
Comprehensive medical cover from $20 per month, with a wide selection of providers and plan tiers available across Georgia.
Explore iMedil UNO plans
Georgia offers a competitive market of insurance companies. Plans vary in coverage scope, hospital networks and pricing — allowing residents to find options suited to their needs and budget.
Tax Framework
- 15% – Corporate Profit Tax Payable only on dividend distribution
- 0% – Social Security Tax
- 0 – 12% – Import Tax Varies by product category
- 18% – VAT — Standard Rate Voluntary registration below GEL 100,000 / yr
- ≤ 1% – Property Tax Annual, on property value
- None – Council Tax
Zero Corporate Tax is achievable through Free Zone Companies or Virtual Zone Companies — widely used by international investors and tech businesses operating from Georgia.
Double Tax Treaties (DTTs): Georgia has signed more than 50 DTTs — one of the broadest international treaty networks in the region, offering significant advantages for cross-border business.
Property Sale – Capital Gains Tax
If you sell a property within two years of purchase, income tax applies on the profit:
5% — Residential property (house or apartment)
20% — Commercial property (office, land, etc.)
Schools & Universities
28 PUBLIC SCHOOLS IN BATUMI
20 PRIVATE SCHOOLS IN BATUMI
3 ENGLISH TUITION PRIVATE SCHOOLS
5 UNIVERSITIES IN BATUMI
School Types
Public schools — free of charge
Private schools — tuition fee applies
International schools — tuition fee applies
Batumi has 3 private schools offering programmes in English, and 2 universities with English-language programmes out of approximately 5 institutions.
Required Documents
Child’s birth certificate or passport
Parent identification
Proof of address
Previous school records (if transferring)
Enrolment Process
- Choose a school matching your child’s age, location, language needs and academic goals.
- Gather required documents – birth certificate or passport, parent ID, proof of address and prior school records if transferring.
- Complete the application online or directly through the school office. Some schools require an interview, placement test or parent meeting.
- Await confirmation and complete final enrolment – signing forms and paying any applicable registration fees.
Service Charges
How Service Charges are Set
Service charges are established by a third-party management company hired by the Developer. Maximum charge amounts are defined in the contract between the investor and the Developer, providing a contractual ceiling on fees.
Will residents and owners be consulted before implementation of charges?
This is subject to individual discussion on each project. Consultation arrangements vary and should be clarified with the Developer at the time of agreement.
What is the procedure when there is a dispute between Developer / Service Providers and Owners?
Disputes should first be resolved on peaceful terms through direct negotiation. Where a specific breach of contract has occurred, the matter may be taken to court — though litigation typically takes several years to reach conclusion.
Will the Developer share maintenance cost accounts and expense records with Owners?
Sharing accounts and expenses incurred by the Developer or Service Providers is not currently standard practice in Georgia. This should be specifically negotiated and included in the contract where financial transparency is a priority for the investor.
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