How inheritance tax works in Georgia
Georgia does not have a separate inheritance or estate tax regime. Inheritances and gifts are instead considered under the income-tax code, so they are not universally tax-free merely because they are transferred without payment.
The main tax check is the personal income tax code. Inherited or gifted property can be exempt in common close-family cases, and family transfers can also affect property-tax calculations.
Georgian law gives important exemptions for heirs in the first and second class, and also for some third- and fourth-class inheritances and gifts up to GEL 150,000 in the tax year.
Tax is only one part of succession. Wills, court or registry steps, bank release procedures and title transfers still matter for Georgian assets.
Tax rates at a glance
- Inheritance tax
- 0%None
- Estate tax
- 0%
- Gift tax
- Depends
- Probate tax
- 0%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
FamiliesExpatsInvestorsProperty ownersFounders
Watch out for
- A zero inheritance-tax headline does not remove the need for wills and transfer paperwork.
- Gifts and inheritances can affect property-tax calculations, depending on who received the asset and how it is used.
- Foreign heirs may still have reporting or tax obligations in their own country.
Frequently asked questions
Does Georgia have inheritance tax?
No. Georgia does not levy a standalone inheritance tax or estate tax.
Are gifts taxed in Georgia?
There is no separate gift tax, but gifts are handled under income-tax rules. First- and second-line family transfers are exempt; other exemptions are limited, including a GEL 1,000 annual allowance for certain gifts from an individual.
Do I still need a will in Georgia?
Yes. A will and good transfer paperwork still matter for Georgian assets, even though there is no inheritance tax.