I would recommend any bank over Sberbank lol 😀
Alfa was very good, don't know how and if the sale would affect it.
Alfa was very good, don't know how and if the sale would affect it.
Russia residence - my journey
- Thread starter JohnnyDoe
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Thank you for sharing︄ your experience. I’m flying to Moscow in a few days to apply for the permit︅ and haven’t prepared much since I’m not great with planning. Everything seems as expected, but︆ it’s nice to have confirmation of the process, especially since there’s so little information about︇ the permit and few people sharing their experiences with it.
You are welcome.
I hope that you have a good helper in Moscow. If not, let me know and I will be happy to give you contacts of my guy (who can't be found online).
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
You can bring in as much cash as you want, if it is over $10k you have to declare it.
You can of course exchange crypto, there are a few places where you can do that, but I can't recommend any as I've never used them.
I have been doing business in Russia for some time and I have my own connections, so money is not a problem.
Remember, only in the EU+CH/UK you are a criminal until proven otherwise. The challenge is moving money out of these places, not into Russia.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
@JohnnyDoe What do you think of Russia's tax code so far, and have you reached the stage of having to submit your first tax returns?
I have not received the permit yet, that should happen in May-June. I'm not an expert of Russian taxation though.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
In Russia everything is leaked, most of government databases are leaked and get leaked from time to time. Usually when database is leaked, there is torrent file going around, also a lot of telegram bots and other services where you can access all the data. As you are new there, so far you are safe, but there is a high chance that fact of you having Russian residency will be public information in the future.
Converting USDT to cash in Russia is very easy and safe, no kyc, plenty of reputable exchangers, some︀ have offices in Moscow City, some communicate only online and courier will bring you any︁ cash amount you need. These type of exchanges are very popular among population and work︂ like a swiss watch.
Converting USDT to cash in Russia is very easy and safe, no kyc, plenty of reputable exchangers, some︀ have offices in Moscow City, some communicate only online and courier will bring you any︁ cash amount you need. These type of exchanges are very popular among population and work︂ like a swiss watch.
3-5% it's a fee in EU.
Today's fee with good exchanges are:
Crypto to fiat - exchange will pay you ~1% premium above exchange rate
Fiat to crypto - exchange fee around ~1-2%
Today's fee with good exchanges are:
Crypto to fiat - exchange will pay you ~1% premium above exchange rate
Fiat to crypto - exchange fee around ~1-2%
Mostly this, but sometimes can go up to maybe 3%, also depends on the amount. The same russians organize exchanges anywhere in the world, EU usually 3-5% as @John Spectre wrote. It's like russian hawala.
1. I have not received the permit yet
2. I have been doing business in Russia for a long time
3. This is a permit, not an obligation to reside
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Having a residence permit doesn't mean that you must stay 365 days in that country. It's not a one way ticket to prison.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Hey @JohnnyDoe, How did you handle getting russian phone number ? How did you pay in Russia ? Since debit cards are probably not working. Exchange crypto into RUB cash and pay with cash everywhere ?
I got the first one on Ebay some time ago, then fixed the contract in person in Moscow. You can easily walk in a shop and buy a SIM card.
It's quite straightforward to open a bank account as a non resident. You can then put money on it via a crypto exchange or P2P.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Many thanks. Do you know if opening russian bank account and buying stocks might violate sanctions ? I am citizen of european union country. I don't want to break the law nai¤%
You are not breaking any law by doing so. But still you should better not inform the EU of your actions.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
I opened Gazprombank only with French passport in Kaliningrad region less than a year ago, no hassle or additional requirements at all. They just asked for the tourist registration adress of︀ the hotel where I was staying. I speak the language fluently though (my mother is︁ Lithuanian and used to teach Russian back in USSR times)
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