Loans for Foreigners in Georgia

Financing Real Estate and Loans for Non‑Residents in 2026

Financing a property purchase in Georgia can be a powerful tool for foreigners who want to invest without paying the full amount upfront. Though many investors buy in cash, loans and mortgages are increasingly available to international buyers — with clear conditions and real bank offers. 

Availability of Loans for Foreign Buyers

Foreigners can get mortgage loans from Georgian banks even without permanent residence — including citizens of other countries with income outside Georgia. Some banks offer products specifically designed for expats or people receiving foreign income. 

Banks such as TBC Bank, Bank of Georgia, Liberty Bank, Credo Bank and Terabank provide mortgage options that non‑residents can apply for, though conditions are usually stricter than for Georgian citizens. 

Common Requirements for Mortgage Loans

To obtain a loan, banks typically assess the following:

• Documented proof of income (can be from abroad)

• Passport and personal identification

• Property evaluation and sale contract

• Down payment (initial equity)

• Sometimes a residence permit can make approval easier, but it is not always required 

Down Payment and Loan Terms

The most typical requirements for foreign buyers are:

• Down payment: Usually 20–40% of the property value (for foreign buyers, often closer to 30–40%) 

• Loan term: Up to 10–15 years for non‑residents; residents sometimes can stretch to 20 years 

• Loan currencies: USD, EUR or Georgian lari (foreign currency is typical for foreigners) 

In practice, getting a mortgage in GEL as a non‑resident is less common because banks prefer loans in hard currency. 

Interest Rates in 2026

Interest rates vary significantly depending on currency, bank and borrower profile:

• Mortgages in dollars or euros typically range from around 7–10% per year for qualified applicants. 

• Mortgages in lari may have higher rates, commonly 10–15% annually. 

Actual rates depend on borrower credit standing, income documentation and bank internal policies. 

Banks and Specialized Mortgage Offers

Different banks offer different solutions for foreigners:

• Terabank has mortgages designed for people with foreign income and without extra collateral. 

• Credo Bank offers mortgages with co‑payment terms like 20% down for apartments and accepts various income types. 

• Liberty Bank allows loan processing from abroad and takes foreign income into account. 

Working with multiple banks and comparing offers can increase your chances of approval and better terms. Some services can assist in preparing and submitting documentation properly. 

Alternative Financing Options

Besides traditional bank mortgages, foreign buyers often use:

• Developer financing — installment plans directly from developers with flexible payment periods and sometimes zero or low interest. 

• Home‑country financing — loans or refinancing in the buyer’s home country and then transferring funds to Georgia. 

Practical Tips for Foreign Applicants

To improve your approval chances:

• Prepare a complete financial documentation package, including proof of income and source of funds. 

• Consider applying to multiple banks, since requirements vary. 

• Work with advisors or mortgage specialists who understand bank policies in Georgia.