Gray Frame Corner

The Best CD Rates in 2023

US CD rates at 1.36% APY, with recent Fed rate hikes. Offshore options offer higher rates, like 11% in Georgia and attractive rates in Hungary, Colombia, Mongolia, Turkey, and Costa Rica. Nomad Capitalist can help find better banking alternatives.


Georgia provides stable and accessible banking options for foreigners. TBC Bank in Tbilisi offers high CD rates, up to 12% for 12 months and 11.20% for 24 months, making it an attractive choice for investors.

TBC Bank

Bank of Georgia offers term deposits for 3-24 months with CD rates of 11.60% on one-year deposits (slightly lower for non-residents). Deposits in GEL yield the best rates, requiring a minimum deposit of 500 GEL.

Bank of Georgia

DBS in Singapore offers a 3.20% term deposit rate and top-notch premium banking services, earning it a spot on our list of the best offshore banks for 2023.


Diversify and protect your wealth by exploring foreign currency CD rates through CD laddering. Nomad Capitalist offers tailored Action Plans for offshore banking solutions and visa requirements to maximize your CD rate opportunities.


Our experienced team can help you legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind. We’ve helped 1,500+ HNWI entrepreneurs and investors and we can help you, too.

Protect Your Assets and Secure Your Future