If you are a US citizen or resident, you may have found that it is difficult for you to open an offshore personal bank account. Do not look anymore we have the solution for you. Do not hesitate to contact us at [email protected]
Our fees for our assistance for the opening of a Personal Bank Account with a top rate bank from the Republic of Georgia is 950 Euros
We can propose you Bank of Georgia. Liberty Bank, Procredit Bank etc.… All bank have good ranking and ratings
We will need you to sign and provide:
- a notarized and appostilled Power of Attorney to a local lawyer (we procure the form and hire the lawyer that will represent you).
- A notarized and appostilled copy of your passport
- Original proof of address = utility bill of less than 2 months
As you may not know about Republic of Georgia please find our fact sheet below
FACTSHEET ON GEORGIA AND ITS BANKING SECTOR
The Republic of Georgia is strategically located between Europe and Asia and thanks to the rapid development of the national and regional infrastructure and communications, Georgia is becoming increasingly integrated globally.
Georgia The Swiss of the Caucasus
The Republic of Georgia offers a liberal business environment. Liberalization of the government and the economy, deregulation of markets, improved public governance, and extensive investment in infrastructure have placed Georgia among the most attractive business destinations globally.
In 2016 Republic of Georgia was ranked 23 out of 189 for ease of doing business by the World Bank just between Japan (22) and Finland (24).
Bank Sector in Georgia
Of course before to bank into a country many have never heard of or have heard of but never consider as a potential banking destination it is important to determine whether its banking system is safe.
According to Fitch Georgia’s banking sector’s IDR (Issuer Default Ratings) was in 2015 ‘BB- “, which is an improvement from “B+”. Foreign Direct Investment increased in the country making Georgia one of the strongest economies in the region, which definitely will affect the banking sector favourably
According to a 2015 analyse of KPMG on the Republic of Georgia banking sector “the Georgian banking system can be considered as sound and stable with significant increase not only in terms of profitability, total assets of the sector has also increased by 19% during the last year.”
Benefits of the Republic of Georgia as a banking destination
The Republic of Georgia has not signed any of the tax automatic exchange of information yet and should not sign them in a near future. Furthermore it has a good bank secrecy
If you are looking for a bank destination for Asset Protection purpose that still respect your privacy then the Republic of Georgia is definitively the place to go.
Do not hesitate to contact us at [email protected]