Asset protection in Georgia is not about hiding wealth — automatic information exchange has made that impossible anyway. Serious, legal asset protection means jurisdictional diversification: spreading assets across several legal systems so that a single event cannot reach your entire net worth. As of July 2026, Georgia offers two building blocks for this: the LLC as a holding vehicle and a private multi-currency account — legal, transparent and fully compatible with declaration duties at home.
Why Georgia as a protective jurisdiction?
- Not an EU member. EU enforcement instruments (such as the European Enforcement Order regulation) do not apply automatically in Georgia; an EU-wide account preservation order does not reach Georgian accounts.
- Limited enforceability of foreign judgments. Foreign judgments are only enforceable after a recognition procedure. Not a free pass — valid claims remain valid — but an added procedural hurdle and negotiating leverage.
- No CFC rules in Georgian tax law. Georgia has no controlled-foreign-company regime for foreign subsidiaries. (The CFC rules of your country of residence continue to apply regardless.)
- A stable banking sector. Bank of Georgia, TBC and Liberty run multi-currency accounts in GEL, USD, EUR and GBP — see Opening a bank account in Georgia.
The EU context — stated factually
We strictly separate “adopted” from “under discussion”:
| Status | Relevance | |
|---|---|---|
| EU cash payment cap of €10,000 (EU AMLR) | Adopted — applies EU-wide from 1 July 2027 | First binding EU-wide step of its kind; anonymous cash payments above €3,000 to traders require identification |
| UK: pay-per-mile tax for electric cars | Adopted (Budget, Nov 2025) — from 2028 | Evidence that lost fuel-duty revenue is replaced by new levies; similar models discussed at EU level |
| Rising German social security contributions 2026 | Adopted / in force (IW study) | Contribution ceilings and supplementary rates rise — higher burden on households again |
| Retirement age of 70 | Under discussion | Directional signal for the future levy burden on the working population |
| EU asset register | Under discussion — feasibility study exists | Monitor as a debate, not treat as an adopted fact |
| Digital euro | In preparation (ECB preparation phase) | Political debate on design ongoing; outcome open |
None of this is cause for panic — and none of it justifies slogans like “expropriation”. Taken together, however, these developments show a documented direction. Those who assess it for themselves diversify in good time — prospectively and calmly, not as a crisis reaction.
The three golden rules of legal asset protection
Rule 2: Stay transparent. Georgia has participated in CRS since 2024; banks report account holders, balances and income to your country of tax residence — what exactly gets reported is covered in CRS and Georgia. Foreign accounts and structures must be declared at home. Protection comes from Georgia’s legal system — not from secrecy. Anyone promising you “invisible accounts” is selling you a criminal tax case. One clarification: if you genuinely shift your centre of life to Georgia and become tax-resident there, your Georgian accounts are not reported abroad — CRS only covers people tax-resident in another country. (For preexisting entity accounts up to USD 250,000, the CRS standard also gives banks a review-waiver option — the bank’s choice, not a client right.)
Rule 3: Substance over nominees. A holding company that exists only on paper survives neither a clawback action nor a tax audit. Georgian structures need genuine economic function: their own accounts, proper bookkeeping, documented decisions. If you also plan to shift your personal tax residency, see Georgia Tax Residency.
Building blocks: private account, LLC, holding
- Private account: a multi-currency account as a liquid reserve outside the EU’s direct enforcement reach; opened in person or via power of attorney.
- Georgian LLC as a protective shell: assets are pooled; under the Estonian model, retained profits are untaxed, 15% corporate income tax applies only upon distribution, plus 5% dividend withholding tax.
- Holding structure: for more complex portfolios as a top-level vehicle — individually structured, with real substance in Georgia. Shareholders who become operationally active from Georgia should also review the 2026 work permit rules.
What BGGE does not do
- Assistance with tax evasion or with concealing assets from legitimate creditors
- Structures for politically exposed persons (PEPs) or sanctioned individuals
- Onboarding without documented proof of source of funds — the banks require it, and so do we
- Retroactive rescues once proceedings are pending or foreseeable
Packages and pricing
| Package | Scope | Price |
|---|---|---|
| Initial analysis | Asset review, risk analysis, structure recommendation | €990 |
| Basic private account | Georgian bank account opening, fully assisted | €1,200 |
| LLC protective shell | Georgian LLC formation, accounts, setup | €4,900 + €2,400/year ongoing |
| Holding Premium | Bespoke holding structure with substance build-up | €9,900 + €4,800/year ongoing |
Every engagement starts with the initial analysis. Only when your situation and objectives are clear do we recommend a structure — or advise against one.
FAQ
FAQ
Is asset protection via Georgia legal?
Yes — provided it is set up prospectively, disadvantages no existing creditors, and all structures are declared in your home country. Transfers that disadvantage creditors can be challenged under Sections 129 et seq. InsO and the AnfG (German law); similar clawback rules exist in other jurisdictions.
Will my home country learn about my Georgian account?
Yes. Georgia has participated in CRS since 2024; banks report account data to your country of tax residence. The protective effect comes from the legal system, not from secrecy.
Can a foreign creditor access my account in Georgia?
Not automatically. Georgia is not an EU member; EU enforcement instruments do not apply there, and foreign judgments must pass a recognition procedure. Valid claims themselves remain unaffected.
When is it too late for asset protection?
As soon as claims have arisen or are concretely foreseeable. At that point, clawback and criminal-law risks dominate. Asset protection is precaution — not crisis response.
Do I need Georgian tax residency for this?
No. The account and the LLC work independently of your residency. Shifting your tax residency (183 days or the HNWI programme) can complement the structure but is a separate step with its own requirements.
This article is general information and does not constitute legal or tax advice. Foreign accounts, shareholdings and income must be declared in your home country; Georgia participates in the automatic exchange of information (CRS). Asset transfers may be subject to clawback under Sections 129 et seq. InsO / AnfG (Germany) or comparable foreign rules — obtain individual advice before implementing any structure.