Owning real estate in Georgia is beneficial, but it is important to understand the nuances of taxation.

Real estate taxation in Georgia depends on several factors, including the type of property, its location, and its intended use. Let's take a closer look.

Real Estate Tax Rates

• Residential Property: Generally taxed at a rate of 0.05% to 0.2% of the property's value.
• Commercial Property: Tax rates can be higher and reach 1% of the value. The exact rate depends on the location and type of business.
• Land: Land tax also depends on its location and intended use. Rates can vary widely.

How to optimize tax payments?

There are several ways to reduce the tax burden on real estate:

• Valuation check: An incorrectly determined value can lead to an overpayment of tax. Our specialists will help you check its accuracy.
• Using benefits and deductions: In some cases, you can take advantage of tax benefits or reduce the tax base.
• Timely filing of declarations: We will help you prepare and submit all the necessary tax declarations.

Why choose ESPERO group?

• Individual approach: We take into account the characteristics of each client and select the best solutions.
• Comprehensive support: Our specialists will help you not only calculate the tax, but also prepare all the necessary documents.
• Timely information: We are always aware of the latest changes in tax legislation.

We will not only help you understand the intricacies of real estate taxation, but also take on all the routine work, related to tax payments.

Contact us for a free consultation and learn how to optimize your tax expenses!