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Advantages of a personal bank account in Georgia (the coutnry)

Modification date: 2022-09-29 / View count: 3854

The advantages of a personal bank account in the jurisdiction of Georgia (country).

A fair balance between the protection of its assets, its anonymity, the security and accessibility of the bank account where its money is held.

  • A liberal country with good political and social stability. Georgia's economy continues to grow.
  • The reputation of the Georgian banking system is good. Its banking system is known for its reliability and transparency. Many banks are at your disposal. They are all licensed and some operate on the London Stock Exchange.
  • Opening a personal bank account can be done remotely in one day thanks to your power of attorney: but we recommend you to come and apply in person.
  • In Georgia you have the guarantee of a high level of banking confidentiality: there is no Automatic Exchange of Information of the OECD.
  • The Universal Standard Bank Account is multi-currency $ - € and GEL.
  • No minimum deposit is required.
  • You have a Visa or Mastercard debit card that can be used anywhere in the world.
  • The e-Banking service is 100% reliable and efficient so that you can carry out your banking transactions remotely without any problems 7 days a week and 24 hours a day.
  • Banks in Georgia are members of the IBAN's network.
  • The banking services are of very good quality and the costs of account maintenance and banking services are ultra-reduced.
  • The last major advantage is of course taxation. Georgia does not tax personal bank accounts opened by foreigners.

 

Article written by : BGG Press Office
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