An Israeli client asks whether a foreigner can buy an apartment in Batumi. What do you say?

1. No, foreigners can only rent
2. Only with a Georgian partner
3. Yes, foreigners can buy apartments freely, on the same terms as Georgians
4. Only after 5 years of residence

A client wants to buy a vineyard plot in the countryside in his own name. What do you tell him?

1. No problem, buy it in his name
2. Just ask the seller to call it residential
3. Agricultural land is restricted for foreigners, so he needs a lawyer before going further
4. Buy it through the agency's name

A buyer with 120,000 USD wants a flat that gives him residence. What do you explain?

1. Since 1 March 2026 the property-based residence threshold is 150,000 USD market value
2. Any purchase gives residence
3. 100,000 USD is still enough
4. Residence by property no longer exists

A buyer asks whether he must go to a notary to buy. What is accurate?

1. Yes, a notary is required for every sale
2. Only the agent can sign
3. The National Bank signs the deal
4. Not always: the contract can be signed at the Public Registry or the House of Justice

A client in Tel Aviv cannot travel for the signing. What can he use?

1. A voice message
2. A notarised and apostilled power of attorney
3. The agent's signature on his behalf, with no document
4. A scan of his passport

A developer asks your client for a 10% deposit, says it is non-refundable and holds no escrow. What do you advise?

1. Pay at once before the price rises
2. Ask in writing how the deposit is held, and check the permit, the developer's record and the registry extract before paying
3. Pay the deposit to the agent instead
4. Ignore the contract, deposits are always refunded

An investor asks you to guarantee a 10% yield in Batumi. What do you answer?

1. Yes, 10% is guaranteed
2. Yields are always 20% in Batumi
3. Yields do not matter in Georgia
4. You cannot guarantee a yield; gross yields fell from 8.8% to 7.4% in 2025, and you can show him the data

A foreign friend wants to start next month as an agent in your Tbilisi agency. What must happen first?

1. He needs a work permit, required for most foreigners since 1 March 2026
2. Nothing, a visa-free stay is enough
3. Only GNARE membership
4. Only a business card

A foreign agent has been self-employed in Batumi since 2025 without a permit. What should you tell him?

1. He is exempt for life
2. He has until 2030
3. Enforcement for self-employed people already operating started on 1 May 2026, so he needs the permit now
4. The rule only applies in Tbilisi

A colleague with an investment residence permit says he does not need a work permit. What is the careful answer?

1. He is definitely exempt
2. He definitely needs two permits
3. Sources disagree on this exemption, so he should get written legal confirmation
4. Residence permits replace all labour rules

A new agent plans his taxes on the 1% Small Business Status. What do you warn him about?

1. Law firms report that real estate brokerage is excluded from the status, so he must check with a tax adviser
2. Brokers pay 0%
3. The status applies to every activity
4. There is no tax in Georgia

A buyer of a new-build flat in Batumi asks how much commission he will pay you. What is the usual answer?

1. 10% of the price
2. 3% plus a registration fee to you
3. A fixed 5,000 USD
4. Usually nothing: the developer pays the agency on new builds

A Tbilisi seller asks what agents usually charge on a resale. What do you say?

1. 15%
2. About 3%, negotiable and usually paid by the seller, with 2% to 3% also common
3. Nothing, agents are paid by the state
4. 1% paid by the buyer only

A client wants to browse listings himself. Which sites do you point him to?

1. Only the National Bank website
2. myhome.ge, ss.ge and korter.ge for new builds
3. Only GNARE's site
4. There are no listing portals in Georgia

Your agency in Batumi targets foreign buyers. Which channels do local agencies rely on most?

1. Fax and letters
2. Only walk-in visits
3. Only Georgian-language newspapers
4. WhatsApp and Telegram, in Russian and English

A buyer asks about the yearly property tax on his Tbilisi flat. What do you answer?

1. It depends on household income and the municipality, with an exemption under 40,000 GEL; he should confirm with the Revenue Service
2. A flat 5% a year
3. Nothing, ever, for anyone
4. It is paid to the agent

A client bought a flat 18 months ago and wants to sell now for a gain. What should he know?

1. He pays 20% whatever the timing
2. He pays nothing either way
3. Selling within 2 years means 5% tax on the gain; waiting past 2 years removes it
4. He must wait 10 years to sell

A client asks where he can complain about an agent to a licensing body. What is the honest answer?

1. The National Bank licenses all agents
2. The Public Registry suspends agent licences
3. There is no licence or supervisor for agents; GNARE certification is a voluntary signal he can check
4. Every agent is registered with the police

A buyer in Batumi worries about oversupply. What is a fair answer?

1. There were about 12,400 unsold apartments in surveyed projects at end-2025, so the choice of building and location matters
2. There is no unsold stock
3. Oversupply only exists in Tbilisi
4. Prices will double next year

A client's flat is appraised at 140,000 USD and he wants property-based residence. How much more value, in USD, does he need to reach the threshold?