Georgian brokerage account, set up via Power of Attorney.

What you get#

A Georgian brokerage account in your name at one of three primary providers — Bank of Georgia, TBC Bank, or Galt & Taggart. Multi-currency portfolio holding (GEL, USD, EUR, GBP). Investment access spans Georgian government bonds, Georgian equities, and international markets via partner brokerage relationships. The account is opened on your behalf via Power of Attorney; you stay in your country.

The structure has three other clean properties:

Satisfies HNW Tax Residency Layer 2. A Georgian brokerage portfolio valued at USD 500,000 or more meets the Layer 2 requirement of the High Net Worth Tax Residency programme — Georgian asset holding outside crypto. For clients pursuing HNW status, brokerage is typically the most direct and operationally clean way to satisfy Layer 2 (versus the alternatives of Georgian real estate or Georgian-incorporated business holdings, which carry more setup friction and operational overhead). See HNW Tax Residency for the full Layer 2 picture.

Georgian government bond yields can be material. Georgian sovereign debt has paid yields well above EUR-zone government debt across recent cycles. For investors holding GEL-denominated or USD-denominated portfolio positions, Georgian government bonds offer a yield-bearing alternative to cash. We brief you on current yields at the broker you're paired with as part of the consultation.

Three brokers, distinct profiles. Bank of Georgia and TBC Bank operate brokerage as part of their broader banking relationship — convenient if you already hold or plan to open Georgian banking with them. Galt & Taggart is Georgia's leading specialist investment bank, offering deeper research coverage of Georgian and regional markets and richer fixed-income access. Right pairing depends on your portfolio profile, currency mix, and whether brokerage sits alongside other Georgian banking. We make the recommendation in the consultation.

The combined effect: a multi-currency investment account that pays Georgian deposit and bond yields, holds international positions through partner relationships, and (if the portfolio reaches USD 500,000) functions as a Layer 2 satisfier for HNW Tax Residency.

What we do#

We open the brokerage account on your behalf via Power of Attorney. You sign a notarised PoA at a notary in your country and send us a passport scan plus the documentation the broker's compliance team needs (source-of-funds for the initial portfolio, KYC pack). The PoA gives our team in Georgia authority to represent you at the broker — submit the application, sign account-opening documents, and complete activation. You don't travel.

The full setup is typically 2–3 weeks from the moment we have your documents, including the home-country apostille chain. Brokerage application timelines are similar to personal banking; the source-of-funds review for the initial funding flow is the time-sensitive part for portfolios over USD 100,000.

We pair you with the right broker — Bank of Georgia, TBC Bank, or Galt & Taggart depending on your profile. We make the recommendation in the consultation; we don't have a tied broker or a referral arrangement with any of them.

What's included#

• Eligibility and broker-pairing consultation — we assess your portfolio profile and recommend BOG, TBC, or Galt & Taggart based on what fits, not on what pays us a kickback
• Power of Attorney drafting and notarisation coordination
• Document preparation for the broker's compliance file (passport, address proof, source-of-funds for initial portfolio funding, investment objectives questionnaire)
• Coordination with the broker's onboarding team
• In-person account opening on your behalf via PoA — our team attends, signs, and activates
• Activation of the broker's online platform for your portfolio access
• Briefing on operating the account: how to fund the portfolio, place trades, receive statements, and handle the tax-reporting interactions with your home country if relevant
• For HNW Layer 2 candidates: coordination with the tax residency engagement so the brokerage portfolio satisfies the Layer 2 documentation requirements cleanly

What you'll need to qualify#

Two things. We confirm both before recommending the structure.

Valid passport with at least 6 months remaining validity. All three Georgian brokers require this for account opening. Same standard as personal banking.

Clear source-of-funds story for the portfolio funding. Georgian brokers operate under National Bank of Georgia AML/CFT supervision and ask source-of-funds questions for new foreign clients, particularly for substantial initial portfolio funding. Salary income, business income, accumulated savings, investment proceeds from prior portfolios, inheritance — all are normal answers, all are documented in standard ways. We help you assemble the documentation in a form the broker's compliance team accepts cleanly. For HNW Layer 2 candidates funding USD 500,000 or more, the source-of-funds review is more thorough but follows the same standard logic.

We work through both in the consultation and confirm the application is solid before submission.

How brokerage interacts with HNW Tax Residency#

For clients pursuing High Net Worth Tax Residency status, brokerage is typically the cleanest path to satisfying the Layer 2 Georgian-asset requirement.

Layer 2 requires USD 500,000 or more in Georgian assets, with crypto excluded. The qualifying asset categories are Georgian real estate, Georgian-incorporated business holdings (equity in a Georgian company), and Georgian financial instruments (the brokerage portfolio category). Among these:

• Real estate carries setup friction (purchase process, due diligence, ongoing property management, illiquidity at exit), and the USD 500,000 threshold is well above the property residence permit threshold of USD 150,000 — so property-as-Layer-2-satisfier is buying a much more expensive asset than property-as-residency-permit alone requires.
• Georgian business holdings require ongoing operational substance and aren't the right fit for clients whose primary goal is tax-residency status rather than active operations in Georgia.
• Georgian brokerage portfolio offers the cleanest fit: liquid, marketable, doesn't require property management or business operations, can be repositioned across asset classes within the portfolio, and satisfies the documentation requirements directly.

We coordinate the brokerage setup with the HNW Tax Residency engagement so the portfolio funding, valuation documentation, and ongoing Layer 2 maintenance work cleanly together. See HNW Tax Residency for the full programme picture.

For clients not pursuing HNW status, brokerage works as a standalone investment account — the Layer 2 satisfier capability is optional, not required.

When brokerage is the right structure#

A Georgian brokerage account fits readers who:

• Want a Georgian-domiciled multi-currency investment account paying Georgian-market yields
• Are pursuing HNW Tax Residency and need a clean, operationally simple Layer 2 satisfier
• Plan to hold portfolio assets in Georgia long-term as part of a broader Georgian operational footprint
• Want exposure to Georgian government bonds and Georgian equities alongside international holdings

If you're not pursuing HNW Tax Residency and don't need a Georgian-domiciled investment account specifically, brokerage may not be the right fit — your existing investment account in your home jurisdiction usually serves the same investment purpose without the cross-border setup. The Georgian advantage applies when there's a structural reason to have the portfolio in Georgia (HNW Layer 2, Georgian-market exposure, alongside Georgian banking and tax residency).

If you only need personal banking, see Personal Account. If you only need corporate banking for your Georgian company, see Corporate Account.

Why Happy Georgia#

Independent advisory. No tied broker, no referral fees, no kickback for steering you to one provider over another. We recommend Bank of Georgia, TBC Bank, or Galt & Taggart based on what fits your portfolio profile — currency mix, fixed-income vs equity bias, whether brokerage sits alongside other Georgian banking, whether HNW Layer 2 is in scope.

Foreign clients only. Our entire practice is foreigners setting up in Georgia. We understand the source-of-funds documentation a Berlin software founder needs for portfolio funding, the Layer 2 satisfier configuration a Tel Aviv investor pursuing HNW status has to assemble, the Georgian-market exposure question a London-based asset allocator asks before adding GEL-denominated positions.

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#

Can the brokerage account be opened entirely via Power of Attorney without me visiting Georgia?#

Yes. The PoA route lets our team open the account on your behalf at the broker, complete the in-person KYC, and activate online platform access. Once active, you operate the portfolio from anywhere via the broker's online platform. Most of our brokerage clients never visit Georgia for the account; some visit later for residency, business, or HNW Tax Residency reasons.

Which broker will I end up at?#

Most foreign clients land at Bank of Georgia, TBC Bank, or Galt & Taggart. The right pairing depends on your portfolio profile — currency mix, equity vs fixed-income bias, whether brokerage sits alongside personal or corporate banking at the same provider, whether you need Galt & Taggart's deeper Georgian research coverage and richer fixed-income access. We make the recommendation in the consultation based on what fits, not on what pays us a kickback.

How long does the setup take?#

Typically 2–3 weeks from the moment we have your documents, including the home-country apostille chain. PoA preparation and notarisation in your country usually takes the first week; broker application, source-of-funds review, and account activation usually take the second and third. For substantial initial portfolios (USD 100,000+), the source-of-funds review extends the timeline modestly.

What investments can I hold?#

Georgian government bonds, Georgian equities (the limited number listed on Georgian exchanges plus regional cross-listings), GEL-denominated and USD-denominated fixed-income instruments, money-market positions, and international markets via the broker's partner brokerage relationships (US equities, European equities, ETFs depending on the broker's specific partner network). We brief you on the investable universe at the broker you're paired with as part of the consultation.

What's the minimum to open a brokerage account?#

The brokers themselves don't impose hard minimum opening balances for foreign clients, though some platforms have account-tier thresholds for premium services. From a practical perspective, brokerage is most useful with portfolios at meaningful scale — under USD 50,000, the cross-border setup overhead may not justify the Georgian-domiciled structure unless there's a specific strategic reason (HNW Layer 2 in progress, Georgian operational footprint already in place). We work through whether brokerage fits your portfolio scale in the consultation.

How does brokerage satisfy HNW Tax Residency Layer 2?#

A Georgian brokerage portfolio valued at USD 500,000 or more counts toward the Layer 2 Georgian-asset requirement (crypto excluded). The asset valuation is the brokerage statement value. We coordinate the brokerage setup with the HNW Tax Residency engagement so the portfolio funding, valuation documentation, and ongoing Layer 2 maintenance work cleanly together. See HNW Tax Residency for the full programme picture including Layer 1 and Layer 3.

What about home-country tax on Georgian portfolio gains?#

Capital gains on Georgian portfolio holdings are tax-free in Georgia (Georgia doesn't tax capital gains for individuals on most asset classes). What you owe in your country of residence depends on that country's capital-gains and investment-income rules. We discuss this in the consultation but home-country tax planning sits in consultation territory, not body content.

Can the brokerage be revoked or closed?#

Georgian brokers can close brokerage accounts if compliance posture changes — substantial change in portfolio activity that doesn't match the original profile, AML/CFT-related concerns, or change in the broker's risk appetite. We brief you on the operational discipline that keeps the account stable: maintaining clean documentation, communicating proactively about major portfolio changes, keeping the source-of-funds story current as the portfolio grows.

Can I add personal or corporate banking under the same broker relationship?#

For Bank of Georgia and TBC Bank: yes — brokerage is part of their broader banking relationship, so personal and corporate banking sit alongside the brokerage account naturally. For Galt & Taggart: brokerage is the primary product, and Galt & Taggart focuses on investment services rather than retail or corporate banking. If you want banking + brokerage at one provider, BOG or TBC are the right choices. If you want specialist investment focus, Galt & Taggart with separate banking at BOG or TBC works cleanly.

Ready to set up?#

We assess your situation in a free consultation, recommend the broker that fits your portfolio profile, prepare your file, and quote a fixed price. The brokerage account opens via Power of Attorney while you stay in your country. If something else fits better — personal banking only, corporate banking only, no Georgian portfolio at all — we tell you.