Georgian Banking for Foreigners — Personal, Corporate, Brokerage Set Up Remotely via PoA

What you get#

Three services that cover most foreign professionals' Georgian banking needs. Personal accounts at the two banks that serve foreign clients well. Corporate accounts paired with the right institution for your entity type. Brokerage accounts for portfolio holders building Georgian-located assets.

Multi-currency from the start — GEL, USD, EUR, GBP. Up to 11% interest on GEL term deposits, up to 4.5% on USD (NBG retail rates as of Q1 2026; rates move with monetary policy). Standard digital banking with English-language interfaces. AmEx access via TBC Bank for personal cardholders.

What we do#

We deliver remote account opening through Power of Attorney across all three services — you don't fly to Tbilisi, our team handles the bank meetings on the ground in Georgia. We pair you with Bank of Georgia or TBC Bank based on profile fit (foreign-client treatment, currency mix, brokerage availability), and for brokerage we also work with Galt & Taggart. We file the application, attend the bank meetings, and deliver the activated account with digital banking access.

What's included#

Bank pairing recommendation based on your profile
Power of Attorney drafting, notarisation, and apostille coordination
Application filing and follow-up with the bank
Activated account with digital banking access and an onboarding briefing

The three services we deliver#

Personal Account — from €815#

Multi-currency Georgian personal account at Bank of Georgia or TBC Bank. Up to 11% on GEL term deposits, up to 4.5% on USD. International Visa or Mastercard debit, AmEx access at TBC Bank. Premium and Club packages available with ongoing monthly fees (Bank of Georgia PREMIUM at 55 GEL/month, CLUB at 80 GEL/month). The cleanest entry point to Georgian banking for foreign individuals.

Corporate Account — from €1,315#

Georgian corporate account for IE, LLC, Virtual Zone, International Company, or Free Industrial Zone entities, opened on your behalf via Power of Attorney once your Georgian company is registered. Foreign-owned LLCs face a substance gate: the bank requires a Georgian lease agreement plus at least one Georgian-paid local employee before account opening. We sequence the substance setup with the bank application.

Brokerage Account — pricing on request#

Brokerage at Bank of Georgia, TBC Bank, or Galt & Taggart for multi-currency portfolio access. Holds securities at a Georgian licensed institution — qualifies as a Georgian-located asset for HNW Tax Residency Layer 2 (USD 500,000 threshold). Final scope and pricing quoted after a free consultation, since portfolio profile varies substantially.

Not sure which fits#

Most foreign professionals start with a Personal Account. Corporate Account follows once your Georgian entity is registered (typically Company Setup runs first). Brokerage Account fits portfolio holders with Georgian tax-residency considerations or HNW Layer 2 planning.

The Power of Attorney mechanism covers all three services — you sign once and we handle the bank work end-to-end. Detailed pricing including itemised line items and ongoing fees lives on /pricing/banking.

Why Happy Georgia#

Independent advisory. No tied bank, no referral fees, no kickback for steering you to one bank over another. We recommend Bank of Georgia, TBC Bank, or Galt & Taggart based on what fits your profile — currency mix, expected account activity, structure type, whether you want all services at one provider or split for specialist needs.

Foreign clients only. Our entire practice is foreigners setting up in Georgia. We understand the source-of-funds documentation a Berlin freelancer needs for personal banking, the substance configuration a Tel Aviv SaaS founder needs for LLC corporate banking, the Layer 2 satisfier mechanic a London-based investor pursuing HNW status has to assemble.

Fixed pricing, no tourist tax. The same rate for foreign and Georgian clients. We quote in EUR, we honor the quote, no surprises later.

Trusted by clients across Western Europe, Israel, the UK, Singapore, and beyond.

Frequently asked questions#

One bank or multiple banks?#

Most foreign clients find one bank sufficient — Bank of Georgia or TBC Bank, paired to your profile. Some HNW clients hold accounts at both for redundancy or to access different brokerage offerings. We pair you to the better fit at engagement; multi-bank setups can be added later.

Does Georgian banking depend on having a Georgian company?#

Personal accounts don't — foreign individuals can open Georgian personal accounts independently of any company structure. Corporate accounts require a registered Georgian entity (IE, LLC, Virtual Zone, International Company, FIZ). Brokerage accounts can be personal or corporate.

Can the entire setup happen via Power of Attorney?#

Yes for personal and corporate accounts at both Bank of Georgia and TBC Bank. Brokerage account opening varies by institution and account type — most are PoA-eligible, some require initial physical presence for the brokerage onboarding. We confirm the specific path during engagement scoping.

Why Georgian banking specifically?#

Three reasons foreign clients choose Georgian banking over alternative emerging-market jurisdictions: a stable, NBG-regulated banking sector, two banks (Bank of Georgia and TBC) that handle the heavy lifting for foreign-client onboarding, and competitive yield rates that aren't matched by USD or EUR-denominated retail accounts in Western Europe. The combination of regulatory stability, foreign-client servicing, and yield is the value proposition.

Ready to set up#

A free consultation maps your situation to the right service combination, confirms pricing, and sequences the bank work end-to-end via Power of Attorney. If a different jurisdiction's banking fits better than Georgia for your specific case, we tell you.

Georgian banking, set up via Power of Attorney.