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Open a bank account in Georgia

⏳ CRS pendingRemote via PoANon-residents OKfrom £990

Who we work with

We work with a broad selection of Georgian commercial banks. All of them fully accept non-residents. Minimum deposits are low or non-existent: from USD 2,000 at some institutions, no fixed minimum at most. An in-person visit to Georgia is recommended.

About this destination

Georgia is a phenomenon: officially a CRS participant, yet in practice banks often collect no foreign tax IDs, and an effective data exchange has not materialised to date. Whoever opens an account now benefits from the practical privacy of a de-facto window, for as long as that window stays open, and should run the account as if reporting could start tomorrow: properly declared and tax-clean. The banks themselves are extremely dynamic and service is available entirely in English.

We offer account opening via our group trips, individually on site, or fully remotely via power of attorney through our local legal partner. Crypto banking and brokerage are no problem here either. Georgia is the ideal entry into international banking, and the fast solution for digital nomads.

CRS note: Georgia announced CRS accession for 2024. It is 2026 and an effective data exchange has not taken place to date. We name no banks on this page; ask us directly for the currently available institutions.

Additional costs

  • Notary costs in your home country (for remote opening): an online notary is accepted and can be arranged by us (approx. USD 450)
  • Flights and hotel if you prefer to travel in person.

Crypto banking

Combining a personal bank account with a crypto exchange in Georgia is strategically smart: the exchange provider banks at the same institution, which reduces queries and increases flexibility for crypto deposits and withdrawals.

Business accounts

Since March 2026, business accounts in Georgia require a work permit, which is applied for as part of that package. Account opening and the work-permit application can be started remotely; final company formation requires presence in Georgia.

Banking system

All figures are indicative and subject to change. Not investment advice.

Credit rating
Moody's Ba2 (stable, Feb 2026), S&P BB/B (stable, Feb 2026), Fitch BB (stable, Nov 2025)
Deposit interest
Typically 9–11% p.a. on GEL accounts, 2–4% on USD/EUR
Banking secrecy & CRS
Georgia is a CRS participant. Banking secrecy is enshrined in law; information is however reportable under the CRS framework.

Knowledge & background

Why bank outside the EU?

EU account registers, EAPO, bail-in risk and de-banking — the full picture.

How our service works: step by step

Five steps from order to activated account.

Enforcement-proof accounts abroad: what the term really means

EAPO, Lugano, foreign judgments — an honest assessment.

Non-CRS countries 2026: the current list

Which jurisdictions still sit outside the automatic exchange of information.

Questions first?

We'll tell you within 24 hours whether this destination fits your profile.

Quick overview

CRS status⏳ CRS pending
Minimum depositfrom USD 2,000
Remote openingRemote via PoA
Non-residentsNon-residents OK
Service feefrom £990

Not sure if this fits? Free consultation →

Requirements note

Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.

What's included in our service

  • Personal bank introduction
  • Document preparation and review
  • Application coordination
  • Ongoing support until account is active
  • Compliance and AML guidance

All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.